Corrugated Boxes Market To Grow Significantly in North America

The corrugated boxes market was USD 251.6 billion in 2022, and it will grow at a CAGR of 4.6% in the years to come, to reach USD 359.6 billion by 2030, according to a report of P&S Intelligence. This growth is because of the increasing requirement for convenient and lightweight solutions across various industries.

Corrugated board products are also put to use by businesses providing variety of food services, including serving and packing meals. For example, restaurant chains are keener in packaging of their food items. Furthermore, because of the online retailing, the growing requirement for e-commerce packaging will accelerate the expansion of the industry.

Browse full reports at: https://www.psmarketresearch.com/market-analysis/corrugated-boxes-market-analysis

Also, the corrugated boxes market of North America will grow significantly, about 5%, in the years to come. The industry growth can be majorly credited to the high acceptance of corrugated boxes that are hard-wearing and has the ability to withstand wear and tear thru shipping. Furthermore, they enable easier printing on the outsides, for advertising and branding purposes.

The single-wall category dominated the industry, accounting for revenue of over USD 200 billion, in 2022. These boxes are lightweight and, so, perfect for carrying low-weight objects. In addition, because of their flexibility, they can be effortlessly transformed into any size.

This type of board is well-matched with the C flute, the B flute, which is a fine flute; and the E flute. Also, the outer and inner liners give mechanical strength to the box, with the flute capable of shock absorption throughout the product transportation.

Download sample pages of this report: https://www.psmarketresearch.com/market-analysis/corrugated-boxes-market-analysis/report-sample

With the growing demand for tailored corrugated boxes, the requirement for single-wall variants is will grow at a significant rate in the future.

Because of the growing e-commerce industry, the demand for corrugated boxes will increase rather quickly in the future.

Browse more reports:

Retail E-Commerce Packaging Market - https://www.psmarketresearch.com/market-analysis/retail-e-commerce-packaging-market-analysis

Corrugated Packaging Market - https://www.psmarketresearch.com/market-analysis/corrugated-packaging-market

Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://chemicalmaterialsnews.blogspot.com

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

This release was published on openPR.