The global packaging industry experienced a 17% drop in new job postings related to social responsibility in Q4 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 36% decrease versus Q4 2022. GlobalData’s Packaging: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the packaging industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Production Occupations jobs accounted for a 19% share of the global packaging industry’s social responsibility-related total new job postings in Q4 2023, down 24% over the prior quarter.
Production Occupations drive social responsibility-related hiring activity
Production Occupations, with a share of 19%, emerged as the top social responsibility-related job roles within the packaging industry in Q4 2023, with new job postings drop by 24% quarter-on-quarter. Management Occupations came in second with a share of 12% in Q4 2023, with new job postings dropping by 21% over the previous quarter.
The other prominent social responsibility roles include Installation, Maintenance, and Repair Occupations with a 10% share in Q4 2023, Office and Administrative Support Occupations with a 9% share of new job postings.
Top five companies in packaging industry accounted for 41% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q4 2023 were Pactiv Evergreen, Stora Enso, Pregis, Ball, and Berry Global Group. Together they accounted for a combined share of 41% of all social responsibility-related new jobs in the packaging industry.
Pactiv Evergreen posted 406 social responsibility-related new jobs in Q4 2023, Stora Enso 280 jobs, Pregis 261 jobs, Ball 233 jobs, and Berry Global Group 147 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 70.69% share of total new job postings, Q4 2023
The largest share of social responsibility-related new job postings in the packaging industry in Q4 2023 was in the US with 70.69% followed by the UK (4.05%) and Sweden (3.80%). The share represented by the US was five percentage points lower than the 75.47% share it accounted for in Q3 2023.
For further understanding of GlobalData's Packaging: Hiring Trends & Signals Q4 2023, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Job Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
