Hit by shortage of raw materials and their costs doubling since Covid
The crisis in the paper industry, which is facing raw material shortage and rising input costs, has affected the corrugated box or brown box manufacturers, who play a key role in the supply chain. The boxes are used in packing anything from electronics to e-commerce to farm produce to FMCG items that are used in daily life.
“Prices of kraft paper, which is used for manufacturing corrugated boxes have doubled — a record — in the last two years. In the last few months itself, prices have gone up by 25 per cent,” said Sanjay Rajgarhia, President, Indian Corrugated Case Manufacturing Association