Global Corrugated Bulk Bin Market to Expand at a 5.1% CAGR from 2024 to 2034, reaching a Valuation of US$ 23.6 Billion | Future Market Insights Inc. [Yahoo! Finance]
Westrock Company (WRK)
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Source: Yahoo! Finance
Growth in modern retailing, high consumer income, and acceleration in industrial activities, especially in the emerging economies, are likely to support the growth of the corrugated bulk bins market during the forecast period. NEWARK, Del, Feb. 07, 2024 (GLOBE NEWSWIRE) -- The corrugated bulk bin market is anticipated to reach a valuation of US$ 14.3 billion in 2024 . The industry is projected to be worth US$ 23.6 billion by 2034 , expanding at a CAGR of 5.1% between 2024 and 2034. The market is experiencing notable growth, propelled by its versatility in delivering cost-effective and sustainable solutions for bulk packaging. Crafted from corrugated materials, these bins showcase exceptional durability and strength, making them well-suited for transporting and storing substantial goods. Industries, including agriculture, retail, and manufacturing, increasingly adopt corrugated bulk bins due to their lightweight design, easy assembly, and recyclable nature. One of the driving force
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- 5/2/24 - Form 425
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