Industry Overview
Packaging is a massive but often overlooked consumer of commodity materials. Aluminum beverage cans alone consume over 20% of global aluminum sheet production. Steel cans for food packaging represent significant steel demand. Paper and cardboard packaging drives pulp and forestry commodity markets. Plastic packaging (PET, HDPE, polypropylene) is derived from petroleum and natural gas feedstocks. The sustainability push toward recyclable materials is shifting the commodity mix toward aluminum (infinitely recyclable) and away from single-use plastics, creating structural demand shifts across commodity markets.