Containers and Packaging

Smurfit Kappa Group Plc

<p>Sappi Ltd. (OTCMKTS:SPPJY) reached a new 12-month low of $1.09 during trading, closing at $1.13. Zacks Research downgraded the stock from "hold" to "strong sell," with a consensus rating of "sell". The company reported earnings of ($0.03) per share, meeting estimates, but revenue of $1.29 billion fell short of expectations. Sappi has a market cap of $632.69 million and operates globally in the pulp and paper industry.</p>

Market Beat

Sappi (OTCMKTS:SPPJY) Reaches New 12-Month Low  - Here's What Happened

SMDS

<p>The global pallets market is projected to grow from USD 66.9 billion in 2026 to USD 112.2 billion by 2036, with a CAGR of 5.3%. Key drivers include automation, RFID tracking, and sustainability trends. Stackable pallets and wood materials dominate the market, with food & beverage as the leading end-use sector. Growth opportunities arise from circular economy models and smart pallet technologies. Major players include DS Smith Plc. and Smurfit Kappa Group, focusing on innovation and sustainability in a competitive landscape.</p>

Smurfit Kappa Group Plc(SKG.UK)

Sappi (OTCMKTS:SPPJY) Reaches New 12-Month Low - Here's What Happened

Pallets Market is Set to Reach USD 112.2 Billion by 2036 at 5.3% CAGR Driven by Automation and Circular Logistics Models