The first half of the decade may see further growth in the corrugated board industry
According to a study, the corrugated board industry is facing huge growth, rising from 262.2 billion USD to 339.9 billion USD over five years. In addition to various global economic and trade processes, government regulations, sustainability aspirations, and individual consumer preferences can play a key role in the recovery.
An interesting forecast was published by Research and Markets. The corrugated board industry is estimated to grow at 262.6 billion USD in 2019 by 77.3 billion USD by 2025. This represents a growth of 30 percent, an exact CAGR of 4.4 percent, or a compound annual growth rate.
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