Corrugated Board Recycling: Reports and Insights | 2023 To 2031

[Brooklyn, New York] - Reports and Insights, a leading provider of market research reports, today announced the release of its new report on the global Corrugated Board Market Analysis. The report provides a comprehensive overview of the market, including its size, share, segmentation, and recent developments. It also includes a detailed forecast for the market through 2030.

Corrugated Board Market Analysis Overview

Furthermore, the global corrugated boards market to register a CAGR of 6.8 % which is expected to result in a market forecast value for 2031 of US$ 29.5 Bn.

Corrugated Board Market Analysis Segmentation

The corrugated board market analysis is segmented by type, application, and region. By type, the market is segmented into single-wall corrugated board, double-wall corrugated board, and triple-wall corrugated board. By application, the market is segmented into food and beverage, e-commerce, pharmaceutical, electronics, and others. By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Single-wall corrugated board is the most common type of corrugated board and is used for a wide variety of packaging applications. Double-wall corrugated board is stronger than single-wall corrugated board and is used for packaging heavier or more delicate items. Triple-wall corrugated board is the strongest type of corrugated board and is used for packaging the heaviest or most delicate items.

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Corrugated Board Market Analysis Application

The food and beverage industry is the largest consumer of corrugated board packaging. Corrugated board is used to package a wide variety of food and beverage products, including fruits and vegetables, meat and poultry, dairy products, and beverages.

The e-commerce industry is another major consumer of corrugated board packaging. Corrugated board is used to package a wide variety of products sold online, including clothing, electronics, and household goods.

The pharmaceutical industry also uses a significant amount of corrugated board packaging. Corrugated board is used to package a wide variety of pharmaceutical products, including prescription drugs, over-the-counter drugs, and medical devices.

Corrugated Board Market Analysis Recent Development

There have been a number of recent developments in the corrugated board market analysis, including:

The increasing use of digital printing on Corrugated Board Packaging. Digital printing allows for high-quality, on-demand printing of corrugated board packaging, which is ideal for short-run and customized packaging applications.
The development of new corrugated board packaging designs that are more sustainable and efficient. For example, some new corrugated board packaging designs use less material and are easier to recycle.
The increasing adoption of corrugated board packaging in emerging markets. The demand for corrugated board packaging is growing rapidly in emerging markets, such as China and India, due to the growing middle class and the increasing urbanization of these countries.

Corrugated Board Market Analysis Size and Share Forecast

The global corrugated board market analysis is expected to reach USD 175.1 billion by 2030, at a CAGR of 5.9% during the forecast period. The Asia Pacific region is expected to be the largest market for corrugated board packaging throughout the forecast period, followed by the North American region.

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Some of the key players in the global corrugated board market analysis include:

International Paper (U.S.)
WestRock (U.S.)
Smurfit Kappa (Ireland)
DS Smith (U.K.)
Packaging Corporation of America (U.S.)
Nippon Paper Industries (Japan)
Oji Holdings (Japan)
Stora Enso (Finland)
Mondi (Austria)
Nine Dragons Paper Holdings (China)
Lee & Man Paper Manufacturing (China)

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This release was published on openPR.