Corrugated Box Industry Market Top Key Players - Alliabox International (Alliance), BBP (Alliance), Bingxin Paper, Cascades, Cheng Loong Corporation, DS Smith Plc, Europac Group, Georgia Pacific LLC, Hexing Packing
Packaging plays an especially important role in the country’s economy. Until recently only the western world, more particularly the developed countries cared about proper packaging. The box is manufactured from corrugated cardboard which consists of 3 or more layers of kraft paper. The middle-fluted layer is pasted with two flat parallel sheets of paper.
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RECENT MARKET TECHNOLOGICAL TRENDS IN CORRUGATED BOX INDUSTRY
Corrugated boxes are used extensively for transporting and storing fresh produce in the horticultural industry. These boxes protect their contents from mechanical damage due to drops, impacts, vibration, and compression loads.
Retail-ready packaging has established itself as a major cost saver for retailers, especially in Western Europe. This ongoing profit pressure is providing an impetus to use more retail ready formats as a labour-saving solution, as it is estimated that these secondary packaging formats can reduce shelf restocking and handling costs by up to 50%.
Corrugated board is proving popular in packaging as sustainability becomes a more important issue across the value chain – it is easy to recycle, and the pulp and paper industry is already adept at converting these into new generations of containerboard.
CORRUGATED BOX MARKET SEGMENTATION
The Global Market of Corrugated Box Industry can be segmented into following categories for further analysis.
By Product Application
• Commercial Usage
• Military Usage
• Domestic Usage
• Industrial Usage
• Training Usage
• Learning and Development Usage
By Material Integration Type
By Wall Construction
• Single Wall
• Double Wall
• Triple Wall
By Box Modulations
• Rigid Boxes
• Self-Erecting Boxes
• Telescope boxes
• Slotted boxes
• Other Boxes – Special Design
By Regional Classification
• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region
There is increasing demand for packaging due to a shift in consumption behaviour across the globe as a result of a growing middle class as well as a growing elderly population. Today’s consumers are looking for three main qualities in their packaged products, especially when it comes to food product packaging: convenience, ease of use, and ease of transport.
Amcor is a global leader in responsible global packaging solutions, supplying a broad range of rigid and flexible packaging products to the food, beverage, healthcare, home, personal care, and tobacco packaging industries. The Company has introduced a New blown-film production line enabling customers to shift to Amcor recycle-ready solutions which would aim at decreasing the increased usage of corrugated boxes and thereby also enhance the healthcare-based packaging segment.
Alliabox International (Alliance)
Cheng Loong Corporation
DS Smith Plc
Georgia Pacific LLC
International Paper Company
Read More Information: https://mobilityforesights.com/product/corrugated-box-industry-market/
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