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Corrugated Boxes Market progress rapidly due to growing demand for e-commerce | Rengo Co, Ltd, Mondi Group, DS Smith, Smurfit Kappa Group, International Paper
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Corrugated boxes are a type of packaging made from corrugated paperboard, which is a material made from two or more layers of paper that are glued or bonded together. The corrugated paperboard is then formed into a box shape using a process called die-cutting. Die-cutting involves using a die, or a sharp tool, to cut the paperboard into the desired shape.
Top Key Players in Corrugated Boxes market: Rengo Co, Ltd, Mondi Group, DS Smith, Smurfit Kappa Group, International Paper, Nine Dragons Worldwide Investment Group Co, Ltd
Key Trends
There are several key trends in corrugated boxes technology that are worth noting. One of the most important is the trend towards using lighter weight materials. This is being driven by the need to reduce costs and improve sustainability.
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Key Drivers
The key drivers of the corrugated boxes market are the growing demand for e-commerce, the need for better product protection, and the rising demand for sustainable packaging.E-commerce is one of the key drivers of the corrugated boxes market. The growth of online retailing has led to an increase in the demand for corrugated boxes as they are used for packaging and shipping products. Online retailers require packaging that can protect products from damage during shipping and handling. Corrugated boxes are made from strong paperboard that can withstand the rigors of shipping and protect products from damage.
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Market Segments
The Corrugated Boxes Market is segmented by type, material, printing ink, end use and region. By type, the market is divided into, slotted boxes, telescope boxes, rigid boxes and folder boxes. Based on material it is segmented into linerboard, medium and others. On the basis of printing ink, it is bifurcated into, water-based ink, UV-curable ink, hot melt-based ink, solvent-based ink. By end use, it is divided into food & beverages, electronic goods, home and personal care goods and others. By region, the market is segmented into North America, Europe, Asia-Pacific, Rest of the World.
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