Global COVID 19 Impact On Packaging Market Size
Impact of COVID-19 on Packaging Market had a profound growth on the packaging market, with the expected value of US$ 900 billion in 2019 projected to grow at a compound annual growth rate (CAGR) of 4.3% to US$ 1371.4 billion by 2029.
Packing aims to shield items from theft, damage, and loss while being transported, distributed, and stored. It also protects against environmental factors like humidity, precipitation, temperature, and sun radiation. The coronavirus pandemic, often known as COVID-19, has significantly impacted the packaging sector. Self-isolation regulations have caused raw material shortages and event cancellations.