Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Ireland
  4. Irish Stock Exchange
  5. Smurfit Kappa Group Plc
  6. News
  7. Summary
    SK3   IE00B1RR8406

SMURFIT KAPPA GROUP PLC

(SK3)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Smurfit Kappa : launches unique sustainable packaging portfolio to drive growth in the online health and beauty market

10/07/2021 | 02:17am EST

Packaging leader Smurfit Kappa has launched a unique range of circular packaging solutions for the rapidly growing online health and beauty market. The customisable eHealth & Beauty portfolio includes sustainable, paper-based packaging solutions ideal for shipping vulnerable products, such as fragrances, cosmetics, and skin and hair care products, as well as tamper proof packaging designed for vitamins, supplements and sports nutrition.

The health and beauty eCommerce market in Europe is one of the largest and fastest growing categories, valued at €17.6 billion in 2020. As online purchasing continues, with double digit growth both in Eastern Europe (37%) and Western Europe (22%) , this growth presents a significant opportunity for retailers to capitalise on, with the overall eCommerce retail market estimated to be worth €380 billion.

As demand in the health and beauty eCommerce market expands, so do consumer expectations for higher quality and sustainable packaging, in addition to delivery protection. Recent research carried out by Smurfit Kappa shows consumers are continuing to push for higher standards in delivery. The research found:

  • 80% expect their parcel to arrive in perfect condition
  • 59% prefer parcels that are easy to open
  • 74% say that easy return is important for their convenience
  • 69% prefer paper-based packaging for sustainability reasons

The new portfolio addresses the key challenges for the eCommerce supply chain, including product damage, void fill, and sustainability, to ensure an improved consumer and brand experience. Importantly, the entire portfolio has been designed to meet the International Safe Transit Association (ISTA) standards, thereby facilitating Amazon's packaging certification process for specific products.

Commenting on the announcement, Arco Berkenbosch, Vice President of Innovation and Development at Smurfit Kappa said: "In the health and beauty segment the speed to market needs to be combined with a unique consumer experience. Our new eHealth & Beauty product range offers exciting, fit-for-purpose and bespoke packaging solutions, that are suited to different size businesses from entrepreneurs to globally recognised brands. This packaging range is the best way to boost your eCommerce sales approach."

One of the portfolio innovations is the Tamper Evident Pack, which has a double self-locking mechanism that does not require tape, and is easy to return. An additional solution is the Beauty Sleeve which has been specifically designed to protect small products, such as skin care and cosmetics, while the curved edges create a unique look enhancing the brand experience. The distinctive design of the Hammock Fit delivers a premium unboxing experience while adding extra protection to the products through the supply chain.

Alongside the eHealth & Beauty range, Smurfit Kappa also offers a host of automated solutions to optimise the packaging process and accelerate growth for businesses. The launch of this new portfolio is the latest addition to Smurfit Kappa's range of Better Planet Packaging solutions which seeks to make a positive impact on billions of supply chains and consumers by reducing the environmental footprint of packaging and its traces on the planet.

Explore our Health & Beauty product range

Disclaimer

Smurfit Kappa Group plc published this content on 07 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2021 06:16:08 UTC.


ę Publicnow 2021
All news about SMURFIT KAPPA GROUP PLC
12/02SMURFIT KAPPA : invests in sustainable new water treatment facility in Colombia
PU
12/02Fitch Affirms Smurfit Kappa's Stable Outlook On Solid Customer Base
MT
11/29Smurfit Kappa Bag-in-Box launches new thermo-laminated film
AQ
11/26SMURFIT KAPPA : New thermo-laminated film
PU
11/24SMURFIT KAPPA : leads the industry with 13 FIA awards at this year's ceremony
PU
11/04Smurfit Kappa - First Nine Months 2021 Trading Update
AQ
11/03Smurfit wraps up third quarter with 15 per cent rise in revenue
AQ
11/03London Stocks Seen Lower as Fed Decision Awaited
DJ
11/03Smurfit Kappa's Nine-Month EBITDA Grows 10% as Sales Jump
MT
11/03First Nine Months 2021 Trading Update
PU
More news
Analyst Recommendations on SMURFIT KAPPA GROUP PLC
More recommendations
Financials
Sales 2021 9 835 M 11 097 M 11 097 M
Net income 2021 676 M 763 M 763 M
Net Debt 2021 2 766 M 3 121 M 3 121 M
P/E ratio 2021 17,3x
Yield 2021 2,66%
Capitalization 11 820 M 13 331 M 13 337 M
EV / Sales 2021 1,48x
EV / Sales 2022 1,34x
Nbr of Employees 46 000
Free-Float 99,3%
Chart SMURFIT KAPPA GROUP PLC
Duration : Period :
Smurfit Kappa Group Plc Technical Analysis Chart | SK3 | IE00B1RR8406 | MarketScreener
Technical analysis trends SMURFIT KAPPA GROUP PLC
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Last Close Price 45,94 €
Average target price 56,89 €
Spread / Average Target 23,8%
EPS Revisions
Managers and Directors
Anthony Paul James Smurfit Group Chief Executive Officer & Executive Director
Kenneth Bowles Group Chief Financial Officer & Executive Director
Irial Finan Chairman
Arco Berkenbosch Vice President-Marketing, Research & Development
Richard Schouten Group Vice President-Information Systems
Sector and Competitors
1st jan.Capi. (M$)
SMURFIT KAPPA GROUP PLC19.82%13 105
INTERNATIONAL PAPER COMPANY-6.58%17 988
PACKAGING CORPORATION OF AMERICA-3.41%12 564
WESTROCK COMPANY2.83%11 861
MONDI PLC3.81%11 445
SIG COMBIBLOC GROUP AG24.63%9 444