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Heavy Duty Corrugated Packaging Market to Make Great Impact in Near Future by 2027

07-16-2018 03:14 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Heavy Duty Corrugated Packaging Market to Make Great Impact

The rise in consumer inclination towards light-weight, convenient product packaging has compelled the packaging industry to put forth organized paper & paperboard packaging solutions with an aim to tap the organized retail industry and meet the growing consumer demands. Among the various types of paper packaging, the corrugated packaging is the most promising packaging type all across the globe. Heavy duty corrugated packaging is in great demand with regards to bulk packaging as they turn handy to protect as well as in transportation of goods. Heavy duty corrugated packaging usually uses double or triple wall corrugated boards to design various products such as rigid boxes & crates and can thus be customized as per the end users requirements. Moreover, growing penetration of e-commerce and online retail industry have led manufacturers to develop state-of-the-art heavy duty corrugated packaging solutions contributing largely to the global heavy duty corrugated packaging market.

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Heavy Duty Corrugated Packaging Market: Drivers & Restraints

Heavy duty corrugated packaging market is vastly driven by the growth in e-commerce business. The shift in consumer lifestyle patterns have elevated the growth of e-commerce and online retail trade wherein; the manufacturers have extensively adopted the use of heavy duty corrugated packaging to ensure reliable and safe delivery of heavy duty products as well as raw materials, thereby accelerating the growth of global heavy duty corrugated packaging market. Also, heavy duty corrugated packages are cost-effective, eco-friendly, recyclable and readily disposable in nature and are thus used by manufacturers as an alternative to wooden crates as well as plastic bulk containers.

Heavy Duty Corrugated Packaging Market: Segmentation Overview

Heavy duty corrugated packaging is in great demand in industrial packaging as well as in bulk retail packaging. As a result, triple-wall heavy duty corrugated boards are in high demand due to its reliable and robust nature. Based on the product type, corrugated boxes are likely to dominate the heavy duty corrugated packaging market over the forecast period.

Heavy Duty Corrugated Packaging Market: Regional Overview

Geographically, the heavy duty corrugated packaging market is segmented into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East and Africa (MEA).

Being an established market with significant volumetric transactions of industrial goods that take place with each passing day, North America is estimated to lead the charge in the global heavy duty corrugated packaging market, followed by the Asia-Pacific region. Rise in urbanization in Asia Pacific region is likely to show significant growth during the forecast period. Developing countries such as China and India demonstration very little sign economic slow-down. Economic boom owing to growth in the industrial sector, in this region is expected to channelize the logistics sector. European nations currently have a decent market share due to high volumetric transactions of goods, which is likely to remain rather moderate owing to shift in focus toward emerging economies. Latin America is also estimated to register positive growth in the heavy duty corrugated packaging over the forecast period. Overall, the global heavy duty corrugated packaging market is projected to observe a healthy CAGR over the forecast period.

Heavy Duty Corrugated Packaging Market: Key Players

Some of the key players that operate in the heavy duty corrugated packaging market across the globe are Smurfit Kappa Group PLC, Rengo Co., Ltd., NEFAB GROUP, DS Smith Plc, Tat Seng Packaging Group Ltd., Sravan Corrugaters Private Limited. and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint.

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About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

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Email: sales@persistencemarketresearch.com
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