Sidel, one of the leading global provider of packaging solutions Sidel has announced an average 5% price rise with immediate effect.
In response to widely understood market forces, Sidel is advising customers of an average 5% price increase. Factors contributing to the increase include the global shortages of raw materials and electrical components, including semi-conductors, the rising cost of energy and logistics.
The packaging solutions market is experiencing high demand following the global pandemic, while supply chain disruption is leading to the extension of Sidel’s delivery lead times, often into 2023.