Download GlobalData’s Covid-19 Executive Briefing report
- ECONOMIC IMPACT -
Latest update: 16 June
The global economy is forecasted to return to pre-crisis levels by the end of 2021 or early 2022.
India is projected 12.5% growth in 2021, ahead of China's forecasted 8.6%, according to the IMF.
The UK’s real GDP grew by 2.3% in April 2021, as per ONS estimates
The OECD has revised its growth forecast for the world economy to 5.8%
Impact of Covid-19 on eMPLOYMENT
- SECTOR IMPACT: PACKAGING -
Latest update: 3 June
The rise of the ecommerce channel is significantly impacting the packaging industry, and suppliers are optimising packaging to be more robust in order to meet manufacturer requirements.
Digital tools continue to be used to achieve safety and efficiency. Packaging companies also recognise the continued importance of investing in sustainable supply chain operations.
Packaging sub-sector impact