Cardboard Box Demand Is Plummeting

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Cardboard Box Demand Is Plummeting

Demand for cardboard boxes and other packaging materials dropped in the fourth quarter of 2022, according to data released by the American Forest & Paper Association and Fibre Box Association. It’s the latest indicator that consumer demand is eroding following the pandemic. Fewer savings, more inflation, rising interest rates, and fears of a recession may all be swaying consumers to spend less. This is causing a low demand for cardboard boxes, which also affects the moving process as customers are statistically less likely to utilize cardboard boxes because of limited supply. Read more here: https://www.freightwaves.com/news/cardboard-box-demand-plunging-at-rates-unseen-since-the-great-recession

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