Press release
India Corrugated Box Market Size Is Forecast to Reach US$ 12.3 Billion by 2028 -IMARC Group
The latest research study "India Corrugated Boxes Market Size: Industry Trends, Share, Growth, Opportunity and Forecast 2023-2028" by IMARC Group, finds that the India corrugated boxes market size reached US$ 6.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.3 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Industry Definition and Application:
A corrugated box refers to a packaging solution that is mainly used for transporting goods. It consists of multi-layered paperboard sheets that are made of cellulose fibers acquired from wood. They aid in trapping air between them, which acts as a cushion for protecting the contents of the package. Corrugated boxes are lightweight, durable, rigid, and offer high strength. They are eco-friendly and recyclable as no harmful chemicals are used in their manufacturing. Furthermore, the increasing product demand for retail-ready packaging (RPR) and shelf-ready packaging (SRP), on account of the photorealistic image printing quality, is anticipated to propel the India corrugated boxes market over the forecasted period.
India Corrugated Boxes Market Industry Trends and Drivers:
The escalating need for fast-moving consumer goods (FMCG), including beverages, drugs, toiletries, and household items, is among the primary factors stimulating the India corrugated boxes market. Besides this, the shifting consumer preferences towards lightweight and innovative packaging materials with varying shapes, colors, and sizes are further augmenting the market growth. Moreover, the elevating number of investments in research and development (R&D) activities by the leading players to improve the sustainable properties, dimension stability, chemical resistance, and weatherability of corrugated boxes is also catalyzing the market across India.
Apart from this, the expanding e-commerce industry is acting as another significant growth-inducing factor. As a result, corrugated boxes find widespread applications across various sectors, such as food and beverage (F&B), chemicals, cosmetics, pharmaceutical, textile goods, personal care, glassware, ceramics, etc.
Click here to view detailed information with table of content: https://www.imarcgroup.com/india-corrugated-boxes-market
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Material Used:
Recycled Corrugates
Virgin Corrugates
Breakup by End Use:
Food Products and Beverages
Paper Products
Electrical and Electronic Goods
Personal Care and Household Goods
Chemicals
Glassware and Ceramics
Textile Goods
Others
Breakup by Region:
North India
West and Central India
South India
East India
Related Report by IMARC Group:
Japan Corrugated Boxes Market: https://www.imarcgroup.com/japan-corrugated-boxes-market
Edible Packaging Market: https://www.imarcgroup.com/edible-packaging-market
Home Care Packaging Market Size: https://www.imarcgroup.com/home-care-packaging-market
Flexible Intermediate Bulk Container Market Size: https://www.imarcgroup.com/flexible-intermediate-bulk-container-market
Egg Packaging Market Share: https://www.imarcgroup.com/egg-packaging-market
Anti-Counterfeit Packaging Market Size: https://www.imarcgroup.com/anti-counterfeit-packaging-market
Aseptic Packaging Market Size: https://www.imarcgroup.com/aseptic-packaging-market
Contact Us:
IMARC Group
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Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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