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Growth in demand for corrugated packaging driven by the rise of e-commerce, says industry expert

Oct 31, 2019 | Corrugated Packaging, Market Research, Packaging, Packaging Research and Analysis

NOA were asked to comment on the state of the corrugated market for a recent article by NS Packaging.

Market research company NOA, which specialises in the packaging industry, recently conducted a study for trade group the International Corrugated Case Association (ICCA), which found the corrugated marketplace did well across every continent.

Smurfit Kappa was identified as playing a major role in virtually all of those markets and, as such, has benefited from that growth, according to NOA managing director Neil Osment.

He told NS Packaging there has been a perfect storm of demand in corrugated packaging, with the major reason behind this growth being due to rise of the e-commerce market, which is expected to be worth $5.5tr by 2023.

He said: “The overall reason for corrugated packaging doing well is because of e-commerce demand and the drive of Amazon among others.

“Why has it been so good over the last nine months? There is an element of the sustainable, and environmental and an element of switching away from plastic towards paper solutions.

The full article is available to read here

(article reproduced with kind permission from NS Packaging).

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