Press release
Corrugated Board Packaging Market Size, Share, Growth, Research and Forecast 2020-2026
A full report of Global Corrugated Board Packaging Market is available at: https://www.omrglobal.com/industry-reports/corrugated-board-packaging-market
Further, the recent COVID-19 outbreak has led to increasing e-commerce sales. Several brick-and-mortar businesses have shifted resources to e-commerce. Moreover, immunity boosters, hygiene, and other health-related products have seen tremendous growth since the outbreak. The online demand for products such as masks has quadrupled in China and the US in March 2020, as compared to January 2020 and December 2019. Such increasing sales of products provide growth and tend to expand the global corrugated board packaging market size.
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The COVID-19 outbreak has also increased the demand for convenience food and the food & beverage industry is one of the major applications of corrugated board packaging. There is an increasing demand for convenient food products as these food items reduce cooking, and clean-up time for consumers. The demand for ready-packed and ready-to-eat products is expected to increase during the forecast period. This is expected to increase the need to provide high-quality, packaged, and processed foods to the customers. This, in turn, will increase the need for packaging and hence will drive the global corrugated board packaging market.
Further, the market growth is influenced by the presence of various players operating in the market. Some of the players contributing to the growth of the global corrugated board packaging industry include International Paper Co., Mondi Group, Smurfit Kappa Group, DS Smith Plc, Cascades Inc., Nippon Paper Industries Ltd., Sealed Air Corp., and others. These players adopt various strategies to strengthen their revenue stream and sustain in the global corrugated board packaging market.
In February 2020, Mondi Group established a partnership with Cartro, a Mexican corrugated packaging company, for delivering sustainable packaging solutions for fresh produce. Mondi’s portfolio of paper grades and ProVantage Kraftliner Aqua, meet these requirements, and the two companies together have developed a completely new corrugated box to serve the purpose.
Global Corrugated Board Packaging Market – Segmentation
By Application
• Food & Beverages
• Electronic Goods
• Pharmaceuticals
• Beauty & Personal Care
• Others
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Global Corrugated Board Packaging Market– Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Ariba & Co.
• Cascades Inc.
• DS Smith Plc
• Georgia-Pacific LLC (Koch Industries Inc.)
• International Paper Co.
• Klabin SA
• KlingelePapierwerke GmbH & Co. KG
• Lee & Man Paper Manufacturing Ltd.
• Mondi Group
• Nine Dragons Paper (Holdings) Ltd.
• Nippon Paper Industries Ltd.
• Oji Holdings Corp.
• Orora Packaging Australia Pty Ltd.
• Packaging Corp. of America
• Rengo Co. Ltd.
• Sealed Air Corp.
• Smurfit Kappa Group
• Waterman (Box Makers) Ltd.
• WestRock Co.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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