After Lisa Lane introduced her slip-on connector product, Rinseroo, on Shark Tank and received significant backing, her plans were disrupted by rising tariffs on imports from China, which initially surged to 145%. To mitigate costs, Lane collaborated with her manufacturer to reduce packaging dimensions, saving 70 cents per unit. This trend reflects a broader shift among businesses reassessing packaging amid escalating costs and tariffs. Companies are adapting by altering packaging to lower expenses while maintaining product quality and brand image, navigating uncertainties in tariff policies.

Source: https://www.supplychaindive.com/news/small-businesses-navigating-tariffs-changing-packaging-lowering-costs/803517/