Rising cost of packaging materials to impact F&B firms

Rising cost, rising prices: MIDF has reiterated its ‘neutral’ call on the F&B sector, as it sees F&B companies being under pressure to raise their retail prices in order to maintain margins.

PETALING JAYA: The rising cost of paper-based packaging materials is expected to significantly impact food and beverage (F&B) companies, according to MIDF Research.

Paper-based packaging materials have seen an increase in cost in recent times, primarily driven by rising paper price both locally and internationally.