E-commerce fulfillment just got more expensive
The cost of shipping is going up on a range of materials retailers and brands rely on to protect their e-commerce shipments.
Market leader Sealed Air Corp., the company known for brands such as Bubble Wrap, Cryovac and Jiffy, announced its North American Product Care business would implement prices increases effective April 1 ranging from 5% to 7%. The $4.5 billion company said the price adjustments are necessary because of increases in raw materials, freight, and other input costs.
The company said 7% price increases would apply to the following products: Bubble Wrap IB Film, Bubble Wrap Brand Air Cellular Products, Cell-Aire Packaging Foam and Laminate Products, Fill-Air Inflatables Film, FloWrap Film, Jiffy TuffGard Mailers, Jiffy ShurTuff Mailers, NewAir I.B. Film, PriorityWrap Bubble, Shrink Film Products and Materials, Specialty Foams Products and Materials, TempShield Reflective Foil Air Cellular Material, and Wonderfil Film.
Sealed Air said 5% price increases would be applied to the following products: Consumable Paper for all Sealed Air Paper Systems, PriorityWrap Rigid Board, Custom Wrap Converted Paper, Kushion Kraft Converted Paper, Jiffylite Kraft Bubble Mailers, Jiffy Utility Mailers, Jiffy Padded Envelopes, Jiffy Rigi Bag Mailers, Korrvu Suspension & Retention, Macerated Pads, and Rapid Fill Automated Bags.