Press release
North America Corrugated Boxes Market to See Striking Growth by 2028 | IMARC Group
North America Corrugated Boxes Market Report 2023
Report Highlights
How big is the North America corrugated boxes market?
The North America corrugated boxes market size reached 47.2 Billion Sq. Meters in 2022. Looking forward, IMARC Group expects the market to reach 50.4 Billion Sq. Meters by 2028, exhibiting a growth rate (CAGR) of 1.08% during 2023-2028.
What are corrugated boxes?
Corrugated boxes, also known as cardboard boxes, are widely used packaging solutions in various industries due to their durability, versatility, and cost-effectiveness. These boxes are crafted from a combination of three layers: an inner corrugated medium flanked by two outer flat sheets, commonly referred to as liners. The corrugated medium consists of a series of parallel ridges and furrows, which enhance the strength and resistance of the box to external pressures. Corrugated boxes serve multiple purposes, ranging from shipping and storage to retail packaging. They offer exceptional protection to the enclosed items during transit, safeguarding them from impacts, vibrations, and environmental factors. Their lightweight nature not only reduces shipping costs but also contributes to sustainability efforts by minimizing overall material usage.
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What are the growth prospects and trends in the North America corrugated boxes industry?
The rapid growth of e-commerce has fueled an increased demand for reliable and efficient packaging solutions. Corrugated boxes offer the sturdiness required to protect products during transit, making them a preferred choice for e-commerce businesses aiming to deliver goods in optimal condition. Additionally, corrugated boxes can be easily customized in terms of size, design, and printing, allowing companies to create unique packaging that enhances brand visibility and resonates with consumers. This flexibility is particularly valuable in the competitive retail landscape. Other than this, logistics sector relies heavily on packaging that ensures products reach their destinations intact. The lightweight yet robust nature of these boxes reduces transportation costs and minimizes the risk of product damage, thus optimizing supply chain efficiency. Besides this, numerous industries such as electronics, food and beverage, and pharmaceuticals utilize corrugated boxes due to their adaptability to a wide range of products. As these industries continue to expand, the demand for reliable packaging solutions also grows.
What is included in market segmentation?
The report has segmented the market into the following categories:
Key Regions Analysed
United States
Canada
Mexico
Analysis for Each Country
Market by Material Used
Recycled Corrugates
Virgin Corrugates
Market by End-Use
Food Products and Beverages
Paper Products
Electrical and Electronic Goods
Personal and Household Care Goods
Chemicals
Glassware and Ceramics
Textile Goods
Others
Market by Type
Rigid Boxes
Self-Erecting Boxes
Telescope Boxes
Slotted Boxes
Others
Market by Wall Construction
Single-Wall
Double-Wall
Triple-Wall
Market by Printing Technology
Digital Printing
Flexography Printing
Lithography Printing
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
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If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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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 Group'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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