The global packaging industry experienced a 40% rise in company filings mentions of cybersecurity in Q1 2024 compared with the previous quarter, with the highest share accounted for by International Paper with 250% year-on-year increase, according to GlobalData’s analysis of over 212 packaging company filings. GlobalData’s Packaging: Filings Trends & Signals Q1 2024 report delves into earnings call transcripts and quarterly reports within the packaging industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
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Notably, cybersecurity was one of the most frequently referenced themes in Q1 2024, ranking highest in terms of mentions, ahead of customer loyalty and easy & affordable, according to GlobalData.
Of the top leading companies in the packaging industry, International Paper had the greatest increase in references for cybersecurity in Q1 2024, compared with the previous quarter. GlobalData identified 42 cybersecurity-related sentences in the company's filings - 2% of all sentences - and an increase of 250% in Q1 2024 compared with Q1 2023. Avery Dennison’s mentions of cybersecurity rose by 46% to 19 and Packaging Corporation of America’s by 900% to 10 and Ball’s by 350% to 9 and Smurfit Kappa Group’s by 29% to 9.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for cybersecurity in Q1 2024 was 165.
For further understanding of GlobalData's Packaging: Filings Trends & Signals Q1 2024, 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 Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
