Sealed Air ‘becoming more substrate-agnostic,’ upping fiber mailers
"Sealed Air just dropped its Q4 and full-year 2024 earnings, and the numbers tell a story of shifting tides. Net sales dipped 1.8% year over year, with protective packaging struggling at an 8% decline while food packaging grew modestly. New CEO Dustin Semach assured stakeholders that strategy remains steady, but the company is pivoting—Amazon's move to paper void fill hit hard, so Sealed Air is doubling down on fiber mailers and auto-bagging. For the paper packaging industry, this signals a major opportunity: as plastic-heavy giants like Sealed Air embrace fiber, demand for sustainable, high-performance paper-based solutions is set to surge. Expect a race to innovate in the fiber mailer space, where speed to market and industrial scalability will define the winners."https://www.packagingdive.com/news/sealed-air-q4-2024-packaging-earnings-food-protective-tariffs/740764/
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