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21 Oct 2021, 09:12 GMT+10
These boxes are used to store and transport products. The most important properties of paperboard, the driving force of the market, are its recyclability, its reusability, and its durability. Also, the growing awareness of ecological conservation makes consumers inclined to use paperboard. Besides, high-resolution graphics and two-sided printing of paperboard can enhance the brand promotion of products. Therefore, various product manufacturers choose it as packaging material.
Rapid urbanization has changed the lifestyle of the people and, in turn, has increased the prevalence of packaging over a broad aspect, thus, augmenting the demand for the market product. The growing awareness among customers for the sustainable packaging material with the reusability of corrugated packaging is fostering the market demand. However, the usage plastics due to its cost-effective, durable, and reusable properties are hampering the market demand.
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The COVID-19 impact:
As the COVID-19 crisis grows, manufacturers are quickly changing their practice and purchasing priorities to meet the required demand of a pandemic, which has cut demand for many forest product segments, majorly corrugated boxes market. Over a couple of months, there will be a series of both positive and negative shocks, as manufacturers and their suppliers respond to providers changing needs. With a poor global situation, the export-dependent economies of many regions look vulnerable.
Further key findings from the report suggest:
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• Advanced market breakdown structure
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• In-depth market analysis based on statistics, growth stimulators, and market developments
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Similar Research reports by Reports and Data of Paper Industry: Straw Board Packaging Market Analysis By Thickness (Up to 0.5 mm, 0.5 mm to 1.5 mm, 1.5 mm to 3 mm, 3 mm to 4 mm, Above 4 mm), By Material Type (Rice, Barley, Wheat, Others), By End-User (Building And Construction, Food & Beverage, Automotive, Healthcare, Personal Care & Cosmetics, Others), And By Region, Forecasts To 2027
Greaseproof Paper Market By Type (Packaging, Baking), By Application (Residential, Commercial, Others), and By Region, Forecast to 2028
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