packaging industry

Output falls 25% for packaging industry amid lower demand

Under supply of raw materials and a decline in demand resulted in contraction of 25 percent in 2023 for packaging industry

Packaging industry bears the brunt of slowdown in other sectors

The growth of the country’s packaging industry is in a slow lane due to the persisting economic uncertainty and the impacts of the price hike of the US dollar, gas and electricity, according to industry people. 

January 16, 2024
January 16, 2024

Output falls 25% for packaging industry amid lower demand

Under supply of raw materials and a decline in demand resulted in contraction of 25 percent in 2023 for packaging industry

September 1, 2023
September 1, 2023

Packaging industry bears the brunt of slowdown in other sectors

The growth of the country’s packaging industry is in a slow lane due to the persisting economic uncertainty and the impacts of the price hike of the US dollar, gas and electricity, according to industry people. 

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