Matthew Wright has over 24 years of experience in packaging and has held various operational and management roles with International Paper and Temple Inland. His last position in a major paper and packaging company was Vice President for Temple Inland running a $500m business unit. Known for being the entrepreneurial manager within Fortune 100 companies, he used to run a unique packaging business focused on point-of-purchase, automotive, agriculture, food and beverage. He later invested in a private packaging company and over the 2 years of his management, the company doubled revenue and increased in value. Matthew developed the concept of specright from years of experience seeing how the lack of a standard way of sharing specification data between companies leads to inefficiencies and waste.
The packaging specification market is expected to grow to around $1 trillion by 2020, according to the research firm, Smithers Pira, making up around 200-plus million packaging SKUs around the world.