The packaging industry is experiencing growth, with merchandise of all kinds being ordered on a large scale and added to daily. According to Business Wire's editorial, the global packaging market was worth $926 in 2019. 43 billion and is expected to increase to $1,652. 28 billion by 2027
These statistics are a clear reflection of the increasing demand for packaging and packaged goods. Different types of merchandise require different packaging materials to protect goods during transit, shipping, and cargo space. Continue reading to learn more about the benefits and different types of packaging material.
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