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Corrugated Packaging Market Insights, Key Players and Future Scope
The corrugated packaging market is predicted to register a CAGR of 3.7% during the forecast period by P&S Intelligence.
By: P&S Intelligence
The ballooning usage of corrugated packaging materials is causing a sharp rise in their sales, which is, in turn, causing the surge of the global corrugated packaging market. Processed food, beverages, fresh food and produce, chemicals, personal and household care, electrical and electronics items, paper products, ceramics and glassware, wood and timber, tobacco, direct mail and dispatch, textiles, transport, furniture, apparel, and footwear are the major application areas of these materials.
The progress of the market in this region will be driven by the rising requirement for packaging materials in the processed food industry, especially in India and China. The corrugated packaging market (https://www.psmarketresearch.com/
Therefore, it can be said without any hesitation that the sales of corrugated packaging materials will climb in the near future, because of the growing requirement for sustainable and eco-friendly packaging materials in the food processing, e-commerce, and consumer electronics industries and the higher flexibility and protection provided by these materials to the packaged goods than the traditionally used ones.