Corrugated Boxes Market 2023, Trends, Demand, Opportunity and Forecast by 2028

The latest report by IMARC Group, titled "Corrugated Boxes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". The global corrugated boxes market size reached US$ 198.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 229.9 Billion by 2028, exhibiting a growth rate (CAGR) of 2.38% during 2023-2028.

Corrugated boxes, also known as cardboard boxes, are widely used packaging solutions in various industries. They are constructed from a material called corrugated cardboard, which consists of three layers: an inner layer, an outer layer, and a corrugated or fluted medium sandwiched in between. This design imparts remarkable strength and durability to corrugated boxes, making them suitable for shipping, storage, and protection of a wide range of products. These boxes come in various sizes and shapes, making them versatile for packaging items of all kinds, from small consumer goods to large industrial equipment. The corrugated structure provides cushioning and protection against external impacts, ensuring that the contents remain intact during transportation. Additionally, corrugated boxes are environmentally friendly, as they are recyclable and biodegradable, aligning with sustainability goals.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/prefeasibility-report-corrugated-box-manufacturing-plant/requestsample

Corrugated Boxes Market Trends and Drivers:

The surge in e-commerce has had a profound impact on corrugated box demand. As more consumers shop online, the need for sturdy and protective packaging materials like corrugated boxes has grown exponentially. Additionally, increasing environmental consciousness has driven the adoption of eco-friendly packaging materials. Corrugated boxes, being recyclable and biodegradable, are favored by businesses and consumers alike, aligning with sustainability goals. Other than this, the expansion of various industries, such as electronics, food and beverage, and pharmaceuticals, has fueled the demand for corrugated boxes as they are essential for safe transportation and storage of products. Besides this, the globalization of trade has led to a higher volume of goods being shipped across borders. Corrugated boxes play a pivotal role in the logistics and supply chain management of these goods, boosting their demand. In line with this, corrugated boxes offer versatility in terms of size, shape, and printing options. This customization capability caters to the branding and marketing needs of businesses, further driving their adoption. Furthermore, these boxes are cost-effective due to their lightweight construction. This reduces shipping costs, making them an attractive choice for businesses aiming to optimize expenses. Moreover, innovations in corrugated box manufacturing, such as improved printing techniques and adhesive technologies, have enhanced the visual appeal and functionality of these boxes.

Report Segmentation:

The report has segmented the market into the 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

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

International Paper Company
Nine Dragons Worldwide (China) Investment Group Co., Ltd.
WestRock Company
Smurfit Kappa Group plc
Lee and Man Paper Manufacturing Ltd.

Explore full report with table of contents: https://www.imarcgroup.com/prefeasibility-report-corrugated-box-manufacturing-plant

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal

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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

This release was published on openPR.