Fero Retail Marketing has become the world’s first installation of a clever new semi-automatic packing line from Lamina System, which the point-of-sale specialist helped to develop.
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SELBYVILLE, Del., Feb. 17, 2021 /PRNewswire/ Based on Global Market Insights Inc., report, the Corrugated Equipment Market size was estimated at $226.77 million in 2020 and is slated to surpass
$282.3 million by 2027, registering a
CAGR of 3.3% from 2021 to 2027. The report provides a comprehensive analysis of the top winning strategies, wavering industry trends, drivers & opportunities, top investment avenues, competitive scenarios, market estimations & size.
Global Market Insights Inc.
The COVID-19 crisis has severely affected the industry landscape. Disruptions in raw material supply have hindered production activities in the industry. Product prices fell in 2020 due to a sudden drop in demand and rising inventory. Moreover, logistics and supply chain difficulties have also affected the corrugated equipment market demand.