Global Corrugated Box Packaging Market is valued approximately USD 261.9 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.90% over the forecast period 2019-2026.
Due to such feature of corrugated box packaging, it is gaining significant demand across the globe in various end use industries such as healthcare, food and beverages and electronics etc.
Rapid industrialization and significant initiatives taken by government across the globe regarding industrialization is driving the growth of market over the forecast years For instance: as per the Indian Brand Equity Foundation, the government of India took ‘Make in India’ initiatives through which it aims to increase the share of manufacturing sector to the GDP to 25% percent by 2022, from 16 percent in 2018.
The initiative aims to Support sustainable agriculture, investment in sustainable and secure energy, agri-business and agro-industry development and sustainable and resilient infrastructure and Industrialize through trade and public-private partnerships (PPPs) in sustainable infrastructure.
The report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players.