FMCG firms consider price hikes and smaller pack sizes.

Thimmiah Napanda, Managing Director & CEO, Alternicq, highlighted that elevated crude prices are causing a sharp rise in polymer costs and creating supply-side uncertainties across the packaging industry. He noted that companies are shifting from cost-led procurement to supply continuity, with inventory buffers and long-term supplier relationships becoming increasingly critical. As volatility persists, businesses are prioritising material availability over short-term margin optimisation. Napanda believes the current environment will favour larger, integrated players with the scale and resilience to ensure uninterrupted supply and support customers through the disruption.

FMCG Companies May Raise Prices, Reduce Quantity As Crude Spike Weighs On Packaging Cost