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Corrugated Bulk Bins Market worth $15.4 billion by 2025 - Exclusive Report by MarketsandMarkets "Corrugated Bulk Bins Market by type (Hinged, Totes, Pallets), format (Single Wall, Double Wall, Triple wall), load capacity, Application (Food, Pharmaceutical, Chemical, Consumer Goods, Tobacco) and Region - Global Forecast to 2025", published by MarketsandMarkets, the market size is projected to grow from USD 11.6 billion in 2020 to USD 15.4 billion by 2025, at a CAGR of 4.2% from 2020 to 2025. The market is projected to grow in accordance with the increase in the demand for corrugated bulk bins...

In terms of value & volume, Pallets are estimated to lead the corrugated bulk bins market in 2019. Pallets, by type, accounted for the largest market share in the corrugated bulk bins market. The increase in the demand for pallets can be attributed to the rise in the demand for durable and convenient packaging solutions across end-use industries. Despite the imposition of lockdowns in COVID-19, by various governments globally, due to the pandemic, the packaging materials have witnessed an increase in its demand, as they were widely used in the supply chain, especially in Germany, the US, Chin...