Global corrugated boxes market 2016-2022

According to a new report by Stratistics MRC, the global corrugated boxes market is expected to grow from $59.89 billion in 2015 to $80.78 billion by 2022 with a CAGR of 4.4%. Growing urban population, growth of the e-commerce industry, and demand for pharmaceutical supplies are the key factors driving the market growth. On the other hand, issues such as greenhouse gas emission during production, volatility of raw material costs and availability of substitute products hinders the growth of the market.
The slotted boxes segment dominates the market share. Slotted boxes are used for shipping a variety of products. Food & beverages is the major end-use segment of the market.
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