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Corrugated Boxes Market Research Report 2020, Covid-19 Impact Analysis, Market Share, Size, Trends and Forecast till 2025

05-22-2020 01:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

demand for corrugated boxes

demand for corrugated boxes

The global corrugated boxes market reached a value of US$ 184.6 Billion in 2019, registering a CAGR of 4.3% during 2014-2019, according to a new report by IMARC Group.

Corrugated boxes refer to a type of packaging material made up of corrugated paperboard. They are highly durable, light-weight, flexible, crush-resistant, cost-effective and can withstand pressure, unlike cardboard boxes. They offer convenience, product safety and are easy to handle during packaging, loading and unloading. Nowadays, as consumers are becoming aware of the environmental hazards posed by non-biodegradable and plastic-based packaging materials, corrugated boxes have gained immense popularity as a sustainable packaging solution across various industry verticals.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/prefeasibility-report-corrugated-box-manufacturing-plant/requestsample

Market Trends:

With the ongoing trend of online shopping, corrugated boxes have gained momentum across the globe. Manufacturers are designing corrugated boxes in a wide range of shapes and sizes to make the packaging unique and attractive, which has encouraged e-commerce retailers like Amazon and Flipkart to use them extensively for storage and shipping purposes. Apart from this, these boxes are capable of photorealistic image printing which helps in effective marketing by developing brand awareness and promoting the products among consumers. Owing to this, they are highly preferred in retail ready packaging (RRP) and shelf ready packaging (SRP). Moreover, the leading companies are investing in research and development (R&D) activities to upgrade and enhance the chemical resistance, weatherability, dimension stability and other physical properties of corrugated boxes to diversify their applications.

For more information about this report visit: https://www.imarcgroup.com/prefeasibility-report-corrugated-box-manufacturing-plant

The report has segmented the market on the basis of Material Used, End Use, and Region.

Breakup by Material Used:

Recycled Corrugates
Virgin Corrugates

Breakup by End Use:

Food Products and Beverages
Paper Products
Electrical and Electronic Goods
Personal Care and Household Goods
Chemicals
Glassware and Ceramics
Textile Goods
Others

Regional Insights:

Asia Pacific
Europe
North America
Latin America
Middle East and Africa

Competitive Landscape:

The market is fragmented in nature with the presence of several small and large manufacturers who compete against one another in terms of prices and quality. Some of the key players operating in the market are:

International Paper Company
Nine Dragons Paper
West Rock
Smurfit Kappa Group
Lee and Mann Group

Contact US: IMARC Group
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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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