Category

Corrugated Packaging Market Size, Share, Opportunities, And Trends By Corrugated Box Type (Rigid Box, Slotted Box, Folder Box, Others), By Application (Food & Beverages, Electronic Goods, Home & Personal Care Goods,Chemicals,Textile Goods, Glassware & Ceramics, Paper Products, Others), And By Geography - Forecasts From 2019 To 2024

Published: May 2020 | Report Code:  KSI061610970 | Pages:  114

Global corrugated packaging market is projected to witness a compound annual growth rate of 3.82% during the forecast period to reach a total market size of US$336.26 billion by 2023, increasing from US$268.50 billion in 2017. The corrugated packaging market is expected to face a boost in sales in next five years due to the surge in its demand in various end-user industries, such as consumer durables, medicines, petroleum, rubber, and others. Various factors responsible for higher demand of corrugated boxes and packaging in end user industries are rising demand for consumer products along with rising global population, emerging e-commerce stores, wider acceptance of corrugated packaging by manufacturers among others. However, high tendency to deform along with a low degree of durability and strength are certain factors expected to hinder demand for corrugated packing during the forecast period.

Research Methodology

The report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segments which have been covered as part of the report.

Market Dynamics

The next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides global and regional regulations which are determining the market growth and industry value chain analysis of corrugated packaging market. Complete industry analysis has also been covered through Porter’s five forces model as a part of this report section.

Competitive Insight

The major players discussed in this report include Mondi Group Plc, International Paper Company, WestRock Company, DS Smith Plc., Smurfit Kappa Group, and Rengo Co. Ltd., KapStone Paper and Packaging Corporation, Cascades Inc., Packaging Corporation of America, WestRock Company, and Georgia-Pacific.

Segmentation

In the report, global corrugated packaging market has been segmented by corrugated box type, by application, and geography:

By Corrugated Box Type

Rigid Box

Slotted Box

Folder Box

Others

 

By Application

Food & Beverages

Electronic Goods

Home & Personal Care Goods

Chemicals

Textile Goods

Glassware & Ceramics

Paper Products

Others

 

By Geography

North America

United States

Canada

Mexico

Others

 

Europe

Germany

France

UK

Others

 

Asia Pacific

India

China

Japan

Australia

Others

 

Middle East and Africa

Saudi Arabia

UAE

Israel

Others

 

South America

Brazil

Argentina

Others


Frequently Asked Questions (FAQs)

Q1. What will be the corrugated packaging market size by 2023?
A1. The global corrugated packaging market is projected to reach a total market size of US$336.26 billion in 2023.
 
Q2. What are the growth prospects for corrugated packaging market?
A2. The corrugated packaging market is projected to witness a CAGR of 3.82% during the forecast period.
 
Q3. What is the size of global corrugated packaging market?
A3. Corrugated Packaging market was valued at US$268.50 billion in 2017.
 
Q4. What factors are anticipated to drive the corrugated packaging market growth?
A4. The corrugated packaging market is expected to face a boost in sales in the next five years due to the surge in its demand in various end-user industries, such as consumer durables, medicines, petroleum, rubber, and others.
 
Q5. How is the global corrugated packaging market segmented?
A5. The global corrugated packaging market has been segmented by corrugated box type, application, and geography.

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