Board Converting News, May 17, 2021

Study: Retail-Ready Boxes Fastest Growing Produce Packaging Type A new Freedonia Group analysis projects retail-ready box- es to be one of the fastest growing packaging types used in the fresh produce industry through 2024, with the stron- gest increases anticipated in the $3.5 billion fresh vegeta- ble and salad packaging market. Though traditional corrugated boxes will remain the dominant box types used in fresh vegetable and salad applications, retail-ready boxes continue to increase their share of demand based on their added convenience, pro- viding the benefits of prepackaged produce for retailers, along with the selection of bulk produce bins, which con- sumers often prefer. Here are four key produce applica- tions where use of these value-added boxes is growing: Tomatoes : Will remain by far the largest application for retail-ready boxes used in fresh vegetable applica- tions and comprise the largest single share of sales gains through 2024, growing 5.0 percent annually. Modular re- tail-ready boxes are often preferred because they show- case the tomatoes and feature attractive graphics. Salad : Though much smaller than the tomato market, salad will remain the second leading market for retail-ready boxes, with 5.5 percent annual growth anticipated through 2024, as use of retail-ready packaging increases with bagged salad mixes.

Potatoes : Though also from a small base compared to tomatoes, demand for retail-ready boxes in the sizable po- tato packaging market is forecast to rise 5.4 percent per year through 2024, as use of retail-ready boxes expands for both loose and bagged potatoes. Smaller Volume Vegetables : The fastest growth in retail-ready box demand is expected for carrots, mush- rooms, onions, and smaller volume vegetables such as sweet potatoes, bolstered by the increasing popularity of modular produce boxes in these applications due to their convenience. McLean Packaging Corp. In NJ Awarded EcoVadis Silver Rating Moorestown, New Jersey based McLean Packaging Corp. has been awarded an EcoVadis Silver rating, certifying the company’s commitment to social and environmentally re- sponsible business practices. With this rating, McLean is globally ranked among the top 25 percent of companies. “McLean understands the responsibility we hold when it comes to minimizing our ecological footprint,” said Stu- art Fenkel, President, Corrugated Division, McLean Pack- aging. “By sourcing sustainable materials, measuring our environmental impact through key performance indica- tors (KPIs), and creating solutions to help our customers achieve their targets, we are perfectly positioned to part- ner with our customers for the long term.”

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