| | DECEMBER 20228The corrugated boxes market size is projected to grow from $67.6 billion in 2021 to $80.8 billion by 2026, at a CAGR of 3.6 percent. Major factors fueling the growth of this market include the rise in demand for fresh food and beverages, home and personal care goods and electronic goods industries, logistics applications. Other factors that have bolstered the growth of the global corrugated boxes market include the increasing disposable incomes of people in developing countries, changing preferences of manufacturers towards sustainable packaging, and growth of the e-commerce industry. However, factors such as the increasing cost of raw materials, availability of a low-cost alternative to corrugated boxes are expected to hinder the growth of this industry. Growth in the e-commerce industry is also predicted to benefit the corrugated box manufacturing companies in the INCREASING COST OF RAW MATERIAL BEARS ON CORRUGATED BOXES MARKETTHE PANORAMA
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