Global Corrugated Bulk Bins Market Is Expected to Reach USD 17.84 billion by 2028 : Fior Markets
Corrugated Bulk Bins Market by Type (Hinged, Totes, Pallets), Application (Food, Pharmaceutical, Chemical, Consumer Goods, Tobacco), Format (Single Wall, Double Wall, Triple Wall), load capacity, and Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028
May 06, 2021 22:00 ET | Source: Fior Markets Fior Markets Pune, INDIA
Newark, NJ, May 06, 2021 (GLOBE NEWSWIRE) As per the report published by Fior Markets, the
global corrugated bulk bins market is expected to grow from USD 12.64 billion in 2020 and to reach USD 17.84 billion by 2028, growing at a CAGR of 4.4% during the forecast period 2021-2028.
Corrugated box makers say survival is tough The Uttar Pradesh Corrugated Box Manufacturers Association held a three-day strike from 8-10 March 2021. Addressing a press conference in Varanasi, Rajesh Bhatia the president of the association said, In 3-4 months, the price of kraft paper which is the main raw material for corrugated boxes in the packaging industry has increased by almost 60%. Kraft paper prices are increasing on a day-to-day basis
On behalf of the Association, Bhatia requested the Varanasi MP and Prime Minister of India, Narendra Modi, to look into this matter - and take action vis-a-vis the unprecedented rise in the value of kraft paper.