Why the demand of corrugated boxes rising in 2020?
The corrugated packaging market is growing quickly, helped by the surge of e-commerce and developments in digital printing technologies. E-commerce sales are continuing to rocket due to the ongoing pandemic. Moreover, the COVID-19 pandemic induced the demand of online shopping and food delivery to a staggering levels.
According to market reports, 2.1 billion shoppers are expected to purchase goods and services online by 2021. This will have a strong impact on the sustainable packaging demand, especially in the corrugated industry as it represents 80% of demand in e-commerce. The increasingly complex logistics chain for direct to consumer delivery – e-commerce packages are expected to be handled multiple times during standard distribution, which will further boost the demand for cost-effective and recyclable secondary corrugated board packaging.
In addition, e-commerce companies such as Amazon and Flipkart are shifting towards recyclable packaging and are planning to go plastic-free in the near future.
Key reasons driving increased usage of corrugated boxes
- 1. There is pressure on mills and packaging companies by policy makers to adopt sustainable measures and compliance standards. This is further driving companies to switch to paper products and packaging.
- 2. Also, an increase in competition from plastic packaging, which is innovating at a phenomenal rate; however, paper packaging will most likely replace polystyrene products in the future with companies racing to innovate recycling options.
- 3. As corrugated boxes are mainly used for packing and shipping items over a distance they are the best resource of packaging available today. Additionally they are 100% biodegradable, 100% recyclable and effective solution for packaging.
- 4. A shift towards digital printing and personalised packaging if further boosting growth of corrugated packaging.
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