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Corrugated Packaging Market Analysis by Price Forecast, Share by Region, Enormous Demand, New Technologies, Product Type and Forecast till 2029
Based on previous market performance, the Corrugated Packaging market is expected to reach USD 88.25 billion in size by 2029. With a 4% CAGR.Corrugated Packaging Market Overview:
Corrugated packaging products combine cushioning and structural rigidity to provide exceptional protection against harm to fragile or heavy contents. The fact that they are light and clean helps to reduce shipping expenses. The high-impact graphics available on corrugated packaging goods contribute to increased brand awareness and, as a result, increased sales.
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Secondary shipping corrugated boxes, primary corrugated boxes, and corrugated retail display stands are all used to pack non-durable goods, durable goods, food and beverages, and non-food and non-manufacturing items in the corrugated packaging sector (in wholesale trade and retail trade services).
Based on our expert's analysis the players that are leading the market includes: DS Smith Packaging Limited, Mondi Group, Georgia-Pacific LLC, Smurfit Kappa Group PLC, Westrock Company, Rengo Co., Ltd., Saica Group, Pratt Industries Inc., Oji Holdings Corporation, and Packaging Corporation of America, International Paper Company. and Others.
The whole market is segmented as follows:
Corrugated Packaging Market by Product Type, 2020-2029, (USD Million), (Kilotons)
Single Wall Board
Single Face Board
Double Wall Board
Triple Wall Board Washbasins
Corrugated Packaging Market by Packaging Type, 2020-2029, (USD Million), (Kilotons)
Box
Slotted Box
Folder Box
Telescope Box
Die Cut Box
Crates
Trays
Octabin
Pallet
Others
Corrugated Packaging Market by End Use, 2020-2029, (USD Million), (Kilotons)
Food & Beverage
Electrical & Electronics
Home Care Products
Personal Care Products
E Commerce
Transportation & Logistics
Healthcare
Others
Industry Developments:
In February 2021 - Mondi has announced the launch of BCoolBox, a new product in its sustainable e-commerce portfolio that will contain fresh produce and cuisine. It's a corrugated range with thermo-insulation that keeps food cold and at a steady temperature of less than 7 degrees for 24 hours without the need for external cooling.
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Corrugated Packaging Market' s top organizations are operating in a dynamic set-up, wherein they are required to incorporate unprecedented advances to reap benefits from the latest and upcoming information technologies and industry trends.
Regional Analysis:
This report is segmented into several key Regions, with production, consumption, revenue and market share and growth rate of Corrugated Packaging Market. These regions, from 2022 To 2029, covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) and ROW.
Our Market Intelligence reports give our clients the information they need to maintain a competitive edge in the marketplace. Competitor Analysis and Profiling studies delve further into a company's competitive strengths and shortcomings. Market assessments conducted by SIS reveal market opportunities, size, and viability.
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