Reportstack has announced a new market research report on the Corrugated Box Market in the US 2015-2019. One of the major trends is the adoption of innovations in the manufacture of corrugated boxes. Vendors are investing heavily in R&D to create innovations in corrugated box packaging. New paper processing technology and skilled manpower is used to manufacture corrugated boxes. The Corrugated Box market in the US is expected to grow at a CAGR of 2.89 percent during the period 2014-2019.
Increase in demand for corrugated boxes from the E-commerce market and the Processed Food industry is expected to propel the growth of the market. Paper packaging, which includes corrugated boxes, has become increasingly popular because of its light weight and biodegradable nature. Moreover, these boxes can be recycled after use. Also, the flexible nature of these boxes makes it convenient for customers to use them for various applications. Corrugated boxes come in various shapes and dimensions to meet the packaging requirements of customers.
“Corrugated boxes are a more environment-friendly and sustainable form of packaging compared to other forms of packaging such as plastics,”.
“Almost 46 percent of the material or fiber used in packaging is recycled. This helps vendors reduce the impact on the environment, thereby providing sustainability.”
To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
Complete report with TOC available @ Corrugated Box Market in US 2015-2019.