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
16 January 2024
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.
1 September 2023