Corrugated Boxes Market to See Incredible Growth during 2018-2025: Analysis by Key Trends, Top Players, Regions, Applications, Types and Growth Drivers

AdroitMarketResearch.com has published "Global Corrugated Boxes Market Drivers, Restraints, Potential Growth Opportunities, Vendor Competitive Landscape, Trends and Forecast 2018-2025" report to its new research report offering

Global Corrugated Boxes Market Size was estimated at USD XXX Billion in the year 2017 and is predicted to reach around USD XXX Billion in 2023, at a CAGR of XX% during the forecast period. A corrugated box are build such that they have a layer of cardboard, popularly known as fluting, sandwiched between two thin layers. These boxes are available in different shapes and sizes and are largely used in packaging of beverages, foods, cosmetics, pharmaceuticals, hazardous chemicals and so on.

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Use of corrugated boxes for packaging is recommended while shipping, owing to its feature of being able to handle pressure and sturdier than cardboard boxes. These boxes are reliable and used for shipping of heavy and fragile breakable products, perishable goods, and electronic products. Corrugated boxes market size is governed by its eco-friendliness, easy to use and ability to handle pressure. Often, corrugated boxes are made of recycling ingredients that are eco-friendly and cost effective.

Corrugated box industry trends indicate growth owing to increased demand of lightweight, eco-friendly and economical packaging options. Growing industrialization in the developing countries is assisting in growing international trade and better infrastructure facilities. Also, development in oil, energy, gas sector and chemical industry along with growth in income and spending capacity has increased the corrugated boxes market size in the past years. Furthermore, growth in online shopping and delivery has increased the demand of corrugated box. There is high demand in industries like healthcare, food and beverages, pharmaceuticals, electronics and automotive. Corrugated box industry trends study indicate growth in the cooler corrugating product, water resistance and improved corrosion due to the growing development in nanotechnology.

However, factors like poor barrier property used for the cardboard is hampering its usage in many applications. Also the corrugated box doesn’t work well in case there is humidity and moistness in the weather, as this effects the firmness of corrugated boxes. Owing to its poor barrier properties these packaging are not used for liquid products. These factors have significant negative impact on the global corrugated boxes market growth.

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The corrugated boxes market size is segmented on the basis of Flute Profile, Combined board, Box type, End-user and region. Based on Flute profile it is segmented as A-Flute, B-Flute, C-Flute, E-Flute, and F-Flute types. The F-type flute segment is leading and contributes the maximum to market share. Segmentation on the basis of combined board is single face, double wall, single wall, and triple wall. The triple wall segment provides the maximum market share. Segmentation on the basis of box type Slotted boxes, rigid boxes, Telescope boxes, and Folder boxes. Segmentation on the basis of end-user is done as Electronics, Pharmaceuticals, Consumer goods, Automotive and chemicals. Out of these the pharmaceutical industry is expected to grow considerably over the forecast period. Segmentation on the basis of region is done as North America, Asia-Pacific, Europe, Latin America, Middle East and Africa.

Key players of the corrugated packaging market are DS Smith Plc., Packaging Corporation of America, Mondi Group, Oji Holdings Corporation, Lee & Man Paper Manufacturing Ltd, and many others.

Segmentation:

The various segments of corrugated packaging market are,

By Product type:
A-Flute
B-Flute
C-Flute
E-Flute
F-Flute

By Combined Board:
Single face
Single wall
Double wall
Triple wall

By Packaging Market:
Slotted boxes
Telescope boxes
Rigid boxes
Folder boxes

By End-Use:
Pharmaceuticals
Electronics
Automotive
Consumer goods
Chemicals

By Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa.

What to expect from the upcoming report on ‘corrugated packaging market’:
- Future prospects and current trends of the corrugated packaging market by the end of forecast period. (2017 – 2025).

- Information regarding technological progressions as well as innovations across the world

- Supportive initiatives by government likely to influence the market dynamics.

- In-depth analysis of different market segmentations including regional segmentations, applications and types.

- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.

- Trends, drivers, opportunities, restraints, challenges and key developments in the market

Who should buy this report?
Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.

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