Oct 3, 2014
According to the Consumer Electronics Association’s (CEA) 21st Annual CE Holiday Purchase Patterns Study, the average amount spent on CE gifts by U.S. adults this year will be $286, an increase of 15% from last year. The tech products that consumers most want to receive as gifts this holiday season are tablets (13%), notebook/laptop computers (11%), TVs (8%), smartphones (7%), and video game consoles (7%). At the bottom of the wish list are digital cameras, e-readers, Blu-ray players, and MP3 players (at 2% each), and desktop PCs (1%).
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Jan 19, 2012
Insight about basic forces in the packaging markets of Europe comes from this story: On January 17th, Britain’s DS Smith (UK) announced it is buying the recycled packaging operations of SCA of Sweden for about $2 billion. The goal of DS Smith, already a jumbo supplier of packaging in Britain and elsewhere, is to win more business from the world’s top consumer goods companies, especially in Northern Europe where its main consumer goods customers already operate. In his statement about the deal, DS Smith CEO Miles Roberts said that customers like Procter & Gamble, Nestle, Kraft, Reckitt Benckiser, and Unilever have encouraged his company to offer more recycled packaging across Europe. The deal will make DS Smith one of the largest corrugated suppliers in Europe, with close to 3 million metric tonnes of capacity. Read more »