Global Corrugated Packaging Market: Overview
Corrugated packaging products combine cushioning with structural rigidity, providing excellent protection to fragile or heavy contents from damage. Their lightweight and clean nature help lower shipping costs. The high-impact graphics possible on corrugated packaging products help enable improved brand awareness, thus helping improved sales.
Moreover, corrugated packaging products are made from recycled card board boxes and other waste products from the paper industry. The reprocessing and recycling percentage of corrugated packaging products is also high, making them an environment-friendly packaging option.
Global Corrugated Packaging Market: Trends and Opportunities
As mentioned above, the thriving global e-commerce industry is expected to emerge as the leading growth driver for the global corrugated packaging market. Owing to features such as low weight, excellent strength, and recyclability, e-commerce companies are increasingly adopting corrugated packaging products for safe product delivery.
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On the flip side, there are a certain factors that hinder the growth prospects of the market to a certain degree, chief ones being the unsuitability of corrugated material for the packaging of a variety of products and concerns regarding the durability of corrugated packaging products. It is often noted that conventional corrugated packaging products do not withstand harsh indoor and outdoor weather conditions as efficiently as other packaging products, thus posing damage dangers to fragile products or electronic products.
Based on the type of box, the market has been covered for varieties such as foldiFor More Details, Request A Sample Report@ng box, slotted box, telescope box, and rigid box. Of these, varieties such as folding and rigid boxes witness high demand across the retail and e-commerce sectors. Thus in parallel to the exponential growth being witnessed by the e-commerce sector globally, these segments are also expected to perform excellently over the forecast period.