That really depends on the industry and commodity (material) of the packaging. For food and beverage it can be upwards of 50% or more on COGS. I’m sure for electronics and other industries it can be a much smaller percentage.
That really depends on the industry and commodity (material) of the packaging. For food and beverage it can be upwards of 50% or more on COGS. I’m sure for electronics and other industries it can be a much smaller percentage.