Wooden Boxes Market Will Generate New Growth Opportunities in Upcoming Year

Wood is one of the most widely used packaging material in the rigid packaging industry. Wood is a natural product which is long-lasting and offers design variety, choice of surface and shape are concerned. Various wooden packaging solutions are used for packaging of goods. Wooden boxes are one of the widely used packaging solutions for retail and industrial packaging. Wooden boxes are made of various types of wood such as plywood, teak wood, bamboo wood, sandal wood and others. The demand for wooden boxes in the packaging market is rising owing to its lower impact to the environment as compared to other materials such as plastic and metal.

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Analysis of the impact of COVID-19 on the keyword market

The recent outbreak of COVID-19 has adversely affected various markets in the packaging industry, and the wooden box market is no exception. Products considered “essential” continued to record significant sales, while non-essential products faced a sharp decline in demand.

Wooden Box Market: Key Player

Below are some of the major players active in the global crate market: Green Pack Industries, Nefab Group, EMBALEX, SLU, Napa Wooden Box Co. Such. Many local and unorganized players are expected to contribute to the global crates market during the forecast period.

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Wooden Box Market: Segmentation

The global market for wooden boxes is characterized based on the type of wood, its use, and its end use.

Based on the type of wood, the world wooden box market is divided as follows.

  • Teak lumber
  • Sandalwood
  • Bamboo
  • plywood
  • Other wood

Based on the application, the global crates market is divided as follows:

  • Retail packaging
  • Industrial packaging

Based on the end-use industry, the global crates market is divided as follows:

  • Food and beverage packaging
  • Electrical and electronic packaging
  • Building and construction packages
  • Healthcare package
  • Car packaging
  • Other industrial packaging

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