South East Asia Corrugated Packaging Market - Outlook, and Opportunity Analysis, 2018-2026 | Key Players are FinePac Industries Sdn Bhd, Stanpack Industries Pte Ltd., Tat Seng Packaging Group Ltd

Corrugated packaging is made from a combination of sheets of paper called liner and flutes. Corrugated boxes protects the products due to its cushioning qualities, rigidity, bursting strength, puncture resistance, and edge crush resistance, which enables them to bear impact through movement and transportation. They are light in weight, which makes them easy to handle and increases the weight of transported goods reducing the transportation expense. The production cost of corrugated boxes is very low, as the raw materials required for production are available in large quantity and are inexpensive. They can work well with printing techniques such as digital, screen, and litho printing, so that companies can print their product information, logos, brand promotion, and contact address. They are available in various sizes, colors, and design, which makes them suitable for a variety of products. They are ecofriendly and can be reused and recycled.

Download PDF Brochure : https://www.coherentmarketinsights.com/insight/request-pdf/817

The growing use of this economical, ecofriendly, and light weight packaging by various end users such as electronics, automotive, pharmaceuticals, healthcare, and food and beverages is the major growth driver for corrugated packaging market. Advancement in e-commerce sector is augmenting corrugated packaging market. The durability of corrugated packaging and its inability to withstand harsh outdoor and indoor conditions are the major challenges faced by corrugated packaging market. Developments in corrugated packaging include improved water resistance, corrosion resistance, decreasing the corrugated board weight, cooler corrugating, zero defect technology, and exploring new fields such as microencapsulation and nanotechnology.

The corrugated packaging market started in South East Asia after Second World War, owing to high demand of corrugated packaging for trade.
Indonesia has lucrative market for corrugated packaging. The rapid growth in industrial and agricultural sector followed by fast expansion of shopping malls and supermarkets is fueling the growth of Indonesian corrugated packaging market.
Vietnam has a rapidly increasing consumer goods market where consumers prefer purchasing food and beverages through box which will drive the corrugated packaging market.
The corrugated packaging industry in Thailand has been stimulated due to growing consumer expectations, increase in purchasing power of consumers, and changing lifestyle and preferences.

To Get Customization of This Report : https://www.coherentmarketinsights.com/insight/request-customization/817

Singapore has a requirement of high quality corrugated boxes for good quality printing that catches consumer attention. In January 2017, the National Environment Agency of Singapore announced to introduce increased sustainability packaging regulation, which will affect corrugated packaging market in this region.
In Malaysia and Philippines, the changing industrial structure and economic growth respectively will augment the market for corrugated packaging.
Rest of South East Asia will have a significant demand for corrugated packaging, owing to increasing demand by various end-use industries.

Key questions answered in Dietary Fibers Market report:
• What will the market size be in 2026 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

For More Information : https://www.coherentmarketinsights.com/ongoing-insight/south-east-asia-corrugated-packaging-market-817

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.