The global demand for Corrugated Boxes Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Corrugated boxes are made up of flute paper compressed in S arch and then sandwiched between linear boards with adhesive. The paper sheets contain a row of air columns. The air columns make paper stronger acting as a cushion for items inside of them. There are four main types of corrugated boxes: single-phase corrugated box, single wall corrugated box, double-wall corrugated box, triple wall corrugated box. These are categorized based on the number of flute compressed and the method of the sandwich. Corrugated boxes are widely used for industrial as well as domestic purposes as they are eco friendly, compact, lightweight, strong, and sturdy. They are extremely versatile hence can be used for handling any type for products. Theses boxes are surface coated to offer effective resistance against moisture and are ideal for transport as well as retail packs.
The corrugated box market is growing at a healthy rate blessed by the explosion of e-commerce and development in digital printing technologies. The emerging retailing industry and change in the lifestyle of people in various parts of the world have led to a growth of the corrugated box market. The expansion of e-commerce trade into the grocery sector is further predicted to impact sales. A corrugated box is printed with high graphics to enhance the shelf appeal, this, in turn, is increasing sales opportunities. The demand is also egged on by processed food sector and number of other non-food application consisting of chemicals, drugs and medicine, fruits and vegetables, electrical goods, personal products, healthcare products and other. The market is growing at the fastest rate in developing countries. Players within the market are investing heavily to expand their production capacity, to extend their product portfolio, to serve the untapped market by significantly enhancing product quality and capacity. However, the availability of other alternatives such as plastic returnable crates and ban of recycled corrugated paper in several countries is hampering the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of corrugated boxes.
The entire corrugated boxes market has been sub-categorized into material and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Recycled Corrugates
- Virgin Corrugates
- Food and Beverages
- Paper Products
- Electrical and Electronic Goods
- Personal Care and Household Goods
- Glassware and Ceramics
- Textile Goods
This section covers regional segmentation which accentuates on current and future demand for corrugated boxes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Corrugated Boxes Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the corrugated boxes market include International Paper Company, Nine Dragons Paper, West Rock, Smurfit Kappa Group and Lee and Mann Group. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.