Corrugated and Paper Boxes Market size is estimated to reach USD 141.54 billion by 2027

The global corrugated and paper boxes market size is estimated to be USD 93.79 billion in 2021, and reach USD 141.54 billion by 2027, registering a CAGR of 7.10% during the forecast period (2021-2027). Paper and paper-based packaging are vital components that serve various industries for the delivery of goods. It is considered a versatile and cost-efficient method for the transport of goods, ensuring protection to a large number of products shipped from various industries. Paperboard packaging is lightweight and is also customizable to meet customer requirements. Corrugated boxes are used as shipping containers in the food & beverages industry to deliver a range of items, owing to their several properties such as lightness, recyclability, strength, durability, and cost-effectiveness.

Factors Affecting the Corrugated and Paper Boxes Market over the Forecast Period
The rising e-commerce industry and the growing demand for sustainable packaging solutions are augmenting the growth of the corrugated and paper boxes market. E-commerce has witnessed a considerable growth in the last decade, backed by the rising internet penetration rate and the huge number of e-commerce websites.

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Corrugated boxes are considered a reliable and recyclable packaging solution. Rising industrialization and establishment of the delivery and retail startup are driving the market growth across the globe. The huge demand for corrugated boxes from online food delivery platforms is further escalating the growth of the global corrugated boxes market. High installation costs of machinery and equipment affect the revenue margins in the long run, which is hampering the global corrugated boxes market.

Impact of COVID-19 on Corrugated and Paper Boxes Market
Due to the outbreak of COVID-19, the corrugated and paper boxes market has witnessed a rise in global sales, as people prefer doorstep delivery of food, beverages, dairy products, and others. These products come in corrugated and paper boxes packaging to avoid getting physical touch and maintain the product's safety. Moreover, it is easily available and low in cost and can be recycled; therefore, it is much preferable over other packaging solutions, offering a huge growth to the corrugated and paper boxes market in 2020, post the outbreak of the COVID-19 pandemic.

Scope of the Report
The report outlines the global corrugated and paper boxes market study based on material, product, and application.

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The corrugated and paper boxes market has been segmented based on material -
Paperboard
Adhesives
Inks
Waxes
The corrugated and paper boxes market has been segmented based on product -
Corrugated & Solid Fiber Boxes
Set-up Paperboard Boxes
Folding Paperboard Boxes
The corrugated and paper boxes market has been segmented based on application -
Food & Beverages
Paper & Publishing
Chemicals
Personal Care Products
Pharmaceuticals
Others (Consumer Goods and Electronic Goods)
Corrugated and Paper Boxes Market Regional Outlook

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The corrugated and paper boxes market has been segmented into five geographical regions: North America, Asia Pacific, South America, Europe, the Middle East, and Africa. In 2020, Asia Pacific held the largest share in the global corrugated and paper boxes market, followed by Europe. The Asia Pacific is further estimated to dominate the corrugated and paper boxes market during the forecast period. Moreover, Europe is expected to project the highest CAGR in the global market over the forecast period.

Key Global Corrugated and Paper Boxes Market Competitors Includes
The corrugated and paper boxes market has a presence of a few market players across the globe. The key corrugated and paper boxes market players operating in the global market include-

Cascades Inc.
DS Smith Plc
Georgia-Pacific Corporation
Graphic Packaging International, Inc.
International Paper Company
Klabin S.A.
Mondi Group
Nine Dragons Paper (Holding) Limited
Nippon Paper Industries Co. Ltd
Oji Holding Corporation
Orora Packaging Australia Pty Ltd
Packaging Corporation of America
Rengo Co., Ltd.
Smurfit Kappa Group
WestRock.
The corrugated and paper boxes market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market players' presence in the respective segment and region/country. The information concluded in the report includes the inputs.

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Corrugated and Paper Boxes Market Report Covers Comprehensive Analysis On
Market Segmentation & Regional Analysis
Market Size of 10 years
Pricing Analysis
Supply & Demand Analysis
Product Life Cycle Analysis
Porter's Five Forces & Value Chain Analysis
Developed & Emerging Economies Analysis
PEST Analysis
Market and Forecast Factor Analysis
Market Opportunities, Risks, & Trends
Conclusion & Recommendation
Regulatory Landscape
Patent Analysis
Competition Landscape
15+ Company Profiles
Corrugated and Paper Boxes Market Regional Analysis Includes
North America (US, Canada, Mexico)
South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA
Corrugated and Paper Boxes Market Target Audience
Raw material suppliers
Packaging manufacturers
Traders & distributors
Regulatory bodies

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