Global packaging corrugated paper is bullish
ZENGHUI PAPER PACKAGE is a good Food Packaging manufacturers and suppliers with good reputation, we have our own food packaging box factory, we are able to provide our customers varieties of candy boxes with good quality and reasonable price. such as wedding candy boxes,children candy boxes etc.Welcome to wholesale products from us. Candy Storage Boxes,Candy Paper Storage Boxes,Candy Storage Box,Candy Package Box Zenghui Paper Package Industry and Trading Company , https://www.packagebox.nl
In 2011, the world's consumption of Corrugated Board was 102 million tons, a significant increase from the 99.5 million tons in 2010. Packaging for frozen foods, take-away foods and ready-to-eat foods has become the primary factor in the increase in sales of corrugated paperboard. The survey report pointed out that the growth of convenience food demand is a key driver. Modern urban people save time and energy and like to eat convenient food. This provides a broad space for the development of corrugated packaging.
Recently, Smith has researched more than 750 paperboard factories and more than 80 corrugated paper processing plants around the world, and wrote the “2017 Global Corrugated Cardboard Packaging Market Prospect Research Reportâ€. According to the report, in 2011, the world's sales of corrugated cardboard for packaging was $52 billion, and it will reach $67 billion in 2017.
Smiths predicts that corrugated packaging for electronics and home care products will be a fast-growing category. This is also related to the development of urbanization.
The urbanization process in Eastern Europe and China, India, Brazil and other countries and regions has accelerated, and the demand for convenience foods has increased, and the corresponding use of corrugated board has also increased. Asia has become the world's largest cardboard market. Asian corrugated board consumption will account for more than half of the global total in the next five years. In contrast, the North American and Western European markets are likely to experience significant shrinkage.