Corrugated Packaging Market- North America witnessed 33.4% higher than rest of region Says MRFR | Global Industry Overview By Leading Players- Mondi, Smurfit Kappa, International Paper, Orora Packaging, WestRock, Georgia-Pacific, KapStone Paper, Nefab

Global Corrugated Packaging Market Information - by type (Bliss / Rigid Boxes, Self-Erecting Boxes, Telescope boxes, Slotted boxes and others), by Wall Construction (Single-wall, Double-wall and Triple-wall), by application (Food & beverages, Electronic goods, Personal care, Pharmaceuticals & healthcare and Others) and by Region - Forecast to 2023

Archis Packaging India Pvt. Ltd., Mondi Group (US), Smurfit Kappa Group (Ireland) , International Paper Company (Tennessee), Orora Packaging Australia Pty Ltd (Australia), WestRock (US), Georgia-Pacific LLC (Atlanta), KapStone Paper, Europac Group (U.K.), Packaging Corporation (US) and Nefab Group (Sweden) are some of the leading players of the Global Corrugated Packaging Market. Profiling them in its analysis, MRFR explores strategies that keep them at the forefront of competition.

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Market Synopsis of Global Corrugated Packaging Market

The global corrugated packaging market has experienced a humongous growth over the past years and as per the estimation the global corrugated packaging market will grow more on a rapid pace during the forecast period. The rising population and growing per capita income are the major growth driver for this market. Along with this the growing applications segment such as food & beverages, personal care, Pharmaceuticals & healthcare, consumer goods, electronic goods have contributed a major role in the overall market growth. Corrugated Packaging is one of the most preferred packaging for small, medium and large sized products which in turn has increased the demand across the globe. Growing ecommerce industry has become on the major trend in the global corrugated packaging market. Banning of plastic packaging has also become the major reason for the rising demand of corrugated packaging market.

Global corrugated packaging has very broad market in coming recent years. MRFR analysts has predicted that food & beverages and consumer goods industry are about to grow at a rapid pace, moreover, the speedy rising ecommerce business has also been a growth momentum which means more demand for these industries and in turn for corrugated packaging.

Industry/ Innovation /Related News:

March 23, 2018 – Electronics For Imaging (US) a leading global provider for digital printing technology showcased its new technologies for corrugated packaging at 2018 iCorrugated Asia Expo, being held between 21 March and 23 in China. Showcased technologies included C18000 Single-Pass, Escada Corrugator Control; Direct-To-Corrugated LED inkjet corrugated packaging press and Closed-Loop Process Control Software Technologies.

March 20, 2018 – ExxonMobil (Germany) launched its new synthetic lubricant - Mobil SHC™ Grease 462 PF for corrugating machines. The innovation delivers superior bearing protection for corrugator rollers operating at extreme temperatures as 240˚C and in humidity.

Target Audience
• Corrugated packaging producers
• Traders and distributors
• Association and government bodies.
• Application industries
• Research institute

Market Segmentation

The global corrugated packaging market has been segmented into types, wall construction, application and region.

By Types
• Bliss / Rigid Boxes
• Self-Erecting Boxes
• Telescope boxes
• Slotted boxes
• Others

By Wall Construction
• Single-wall
• Double-wall
• Triple-wall

By Application
• Food & beverages
• Electronic goods
• Personal care
• Pharmaceuticals & healthcare
• Others

By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World

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Key Findings

• North America dominate the global corrugated packaging market with a share of 33.4% in 2016, in terms of value. It is expected to grow at a CAGR of 5.69% during the forecast period.
• Asia-Pacific is the fastest growing region with a CAGR of 6.39% owing to the emerging economies coupled with lucrative opportunities in packaging industry and growing ecommerce industry.
• Rigid boxes segment expected to witness growth in global corrugated packaging market with share of 29.50% in 2016, in terms of value. It is expected to grow at 6.04% CAGR during the forecast period.

Scope of Report

The report for Global Corrugated Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table of Contents

1 Executive Summary

2 Introduction
2.1 Scope of the Study
2.2 Assumptions
2.3 Market Structure

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growing Trend of the Online Shopping
4.2.2 Rapid Growth in Electronic Sector
4.2.3 Growing Demand for Product Safety
4.3 Restraints
4.3.1 Government Regulation for Corrugated Packaging
4.3.2 Adverse Effects on the Environment
4.4 Opportunities
4.4.1 Increase in Disposable Income of Developing Countries

5 Market Factor Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Rivalry
5.2 Value Chain Analysis
5.2.1 Raw Material Supply
5.2.2 Manufacture
5.2.3 Distribution
5.2.4 Application

Continued.........

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