Corrugated packaging market expected to reach USD 348.9 billion by 2027 – Market Report
Corrugated packaging has gained importance owing to the rising demand from packaging industry. They are widely used as custom-manufactured shipping containers, packaging, and point-of-purchase displays.
With industrialization and growth across nations, corrugated packaging market size is increasing. In addition, advances in packaging technologies, rising new applications, ranging from pallets to children's toys to furniture, further increasing the corrugated packaging market size.
According to market research report, global corrugated packaging market is predicted to reach USD 349.9 billion by 2027 and is expected to witness ~5.9% CAGR during the forecast period. As applications continue to grow in flourishing industries such as F & B, personal care, pharma, healthcare and electronics, demand for corrugated packaging is also increasing.