29 September 2022
Corrugated Box Market Size in India 2022-2027
According to the latest report by IMARC Group, The India corrugated boxes market is expected to exhibit a CAGR of 3.70% during 2022-2027.
The expanding e-commerce industry is primarily driving the India corrugated boxes market. Additionally, the widespread adoption of fast-moving consumer goods (FMCG), such as toiletries, beverages, drugs, household items, etc., is further catalyzing the market growth. Besides this, the growing consumer inclination towards lightweight and innovative packaging materials has led the leading manufacturers to design corrugated boxes in varying sizes and shapes, which is acting as another significant growth-inducing factor. Moreover, the increasing utilization of these boxes as an effective marketing strategy for retail-ready packaging (RPR) and shelf-ready packaging (SRP) is also propelling the product demand in this country. Apart from this, the rising investments in R&D activities to improve the sustainable properties, chemical resistance, dimension stability, and weatherability of the variants are anticipated to fuel the India corrugated boxes market over the forecasted period.
Source: https://www.einnews.com/pr_news/575873808/corrugated-box-market-size-in-india-2022-2027-industry-share-growth-trends-and-forecast
This Post was originally published on -IMARC