Double wall corrugated boxes are usually rectangular in shape and are very rigid. These boxes are mostly utilized in the protection of products from various harmful external elements of the nature. These boxes are made from recycled paper or virgin wood fiber with more content of lignin. The toughness of these boxes is a result of high lignin content in the wood from it is carved out. This factor is likely to bolster growth of the global double wall corrugated box market in the years to come. Electronics and electrical business is witnessing a massive rise in the use of technical equipment and instruments amongst people of all age groups, particularly amongst the millennials and the generation Z. This growing popularity of these instruments is likely to support expansion of the global double wall corrugated box market in the near future.
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Booming E-commerce Business to Generate High Demand for these Boxes
With the flourishing businesses of food and beverage and transport and logistics industries in the last couple of years, the demand for double wall corrugated box is estimated to rise high in the forthcoming years. Sustainability of this packaging solution is likely to emerge as another growth factor for the global double wall corrugated box market in the forthcoming years.
The growth of the global double wall corrugated box market is likely to be driven by the rising need to safeguard the product in transport, boom in the e-commerce sector, and the demand for sustainable packaging solutions. Awareness about the environmental pollution and the need to reduce carbon footprint in the environment is likely to augur well for the market. There has been a phenomenal growth in the e-commerce sector, particularly during the present time of Covid-19 outbreak. With the outbreak of the highly contagious disease, Covid-19, usual brick and mortar shops have been shut down for the fear of spreading the virus. E-commerce sector has witnessed phenomenal rise its business, both in terms of volume and value. Boom in e-commerce business is likely to shoot up the demand for double wall corrugated box in the times to come.
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