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Corrugated Packaging Market Size 2020 - Global Overview by Top Players like Mondi, Smurfit Kappa, Orora, WestRock and many more

02-10-2020 03:25 PM CET | Logistics & Transport

Press release from: MRFR

Summary

Global Corrugated Packaging Market Size, Share, Growth, Trends, Analysis, Future Scope by Type (Rigid Boxes, Self-Erecting Boxes, Telescope Boxes, Slotted Boxes and Others), By Wall Construction (Single-Wall, Double-Wall, Triple-Wall), By Application (Food & Beverages, Consumer Goods, Personal Care, Healthcare, E-Commerce, Others) And Region - Forecast To 2025

Corrugated Packaging Market Synopsis

The global Corrugated Packaging Market US is driven by Asia-Pacific followed by Europe. In 2016, Asia-Pacific accounted for the largest market share of 49.50% and is projected to grow at the highest CAGR, in terms of value, during the forecast period. Steady growth in e-commerce business and food and beverage industry in Asia-Pacific region offers a potential opportunity for the Corrugated Packaging Market US to boom during the forecast period. The Europe region has the highest paper recycling rate which is leading to an increased production of corrugated boxes.

The global Corrugated Packaging Market US was valued at USD 61,229.4 million and is projected to grow at a CAGR of 3.91% during the forecast period

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Corrugated boxes are used in various applications such as food & beverages, consumer goods, personal care, healthcare, e-commerce and others. Among these, food and beverages segment is expected to grow the highest during the forecast period. In the food and beverage industry, corrugated boxes are used for products such as liquid bottles, fruits & vegetables and processed foods such as readymade pizzas along with confectionary products. In addition, online retailing of food and beverages has also boosted the use of corrugated boxes, resulting in overall market growth.

Key Players

The key players of the global Corrugated Packaging Market US are Mondi Group (Austria), Smurfit Kappa Group (Ireland) , International Paper Company (U.S.), Orora Packaging Australia Pty Ltd. (Australia), WestRock (U.S.), Georgia-Pacific LLC (U.S.), Archis Packaging Pvt. Ltd. (India), Europac Group (U.K.), KapStone Paper and Packaging Corporation (U.S.) and Nefab Group (Sweden).

Market Research Analysis

The global Corrugated Packaging Market Size market has been analyzed based on the three segments, namely type, wall construction, application across four geographic regions. Based on type, the market has been segmented as rigid boxes, self-erecting boxes, telescope boxes, slotted boxes and others. In 2016, rigid boxes segment was valued at USD 18,062.7 million. Rigid box is the sturdiest type of corrugated box, providing enough safety for the products in transit. On the basis of wall construction, the Corrugated Packaging Market US is bifurcated as single-wall, double-wall and triple-wall. Among these, single-wall accounted for the largest market share of 41.20% in 2016. As, single wall corrugated sheets are cheaply available and are widely used as a shipping case for online merchants.

Based on applications, the market has been segmented as food & beverages, consumer goods, personal care, healthcare, e-commerce and others. The increased demand for processed food products is leading to the increased adoption of the corrugated boxes. Food & Beverages segment accounted for the largest market share of in 2016, and is projected to grow at a CAGR of 4.39% during the forecast period.

Scope of the Report

This study provides an overview of the global Corrugated Packaging Market US, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Corrugated Packaging Market US by its type, by wall construction, by application and regions.

By Type

Rigid Boxes

Self-Erecting Boxes

Telescope Boxes

Slotted Boxes

Others

By Wall Construction

Single-Wall Corrugated Boxes

Double-Wall Corrugated Boxes

Triple-Wall Corrugated Boxes

By Application

Food & Beverages

Consumer Goods

Personal Care

Healthcare

E-Commerce

Others

By Region

Asia Pacific

North America

Europe

Rest of World

Access Full Report Details With TOC @ https://www.marketresearchfuture.com/reports/corrugated-boxes-market-4179

Market Research Future

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Maharashtra, India

Phone: +1646 845 9312

Email: sales@marketresearchfuture.com

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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