Corrugated Fanfold Market to Reach USD 13,916.5 Million by 2034, Driven by E-commerce and Logistics Demand

The global market for corrugated fanfold is poised for significant growth, with an estimated market value of USD 9,556.2 million in 2024. According to industry reports, this figure is expected to rise to USD 13,916.5 million by 2034, reflecting a steady compound annual growth rate (CAGR) of 3.8% over the forecast period from 2024 to 2034.

The corrugated fanfold industry is also expected to see a year-on-year growth of 3.2% in 2024, with total revenue from the sector reaching USD 9,249.0 million in 2023.

Corrugated fanfold packaging continues to gain traction, particularly in the shipping, logistics, and e-commerce sectors, which together are forecast to account for 43.3% of the global market share. The lightweight design of corrugated fanfold makes it an ideal solution for streamlining packaging processes.

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With its ability to integrate seamlessly with automated packaging and distribution systems, corrugated fanfold solutions are proving to be highly efficient, increasing output while significantly reducing labor costs.

One of the key drivers behind the rising demand for corrugated fanfold is its environmental benefits. As manufacturers strive to reduce their carbon footprints, the lightweight nature of corrugated fanfold helps to lower transportation emissions compared to heavier and bulkier packaging alternatives. This sustainable advantage aligns with the growing trend of adopting eco-friendly packaging solutions across industries.

Key Takeaways: Corrugated Fanfold Market

• The global corrugated fanfold industry recorded a CAGR of 1.9% during the historical period from 2019 to 2023, reaching a market value of USD 9,249.0 million in 2023.
• Germany is projected to create an incremental opportunity of USD 12.27 million and grow at a CAGR of 0.6% through 2034.
• India is expected to hold a 49.2% market share in 2024, with growth advancing at a CAGR of 5.2% during the forecast period.
• The 501 to 1000 mm width category is estimated to grow at a CAGR of 2.6% throughout 2034.
• The shipping & logistics segment is forecasted to account for over 24.4% of the market share in 2024.

Competitive Landscape

Key players in the corrugated fanfold market are investing in new technologies for increased sustainability and customization of corrugated fanfold goods to suit client demand and circular economy requirements, as well as forming collaborations. Key corrugated fanfold providers have also been purchasing smaller players to expand their footprint and penetrate the corrugated fanfold industry in numerous locations.

Recent Industry Developments in the Corrugated Fanfold Market

• In March 2023, Clayco celebrated the groundbreaking of WestRock's 410,000-square-foot corrugated box plant in Longview, Washington. This expansion marked a significant milestone for WestRock in strengthening its regional presence.
• In January 2023, Mondi Plc confirmed its acquisition of the Duino mill near Trieste (Italy) from the Burgo Group for a total consideration of €40 million.

Key Players of the Corrugated Fanfold Industry

• Smurfit Kappa Group Inc.
• International Paper Company
• WestRock Company
• DS Smith Plc
• Oji Holdings Corporation
• Mondi Plc
• Papierfabrik Palm GmbH & Co KG
• Menasha Packaging Company, LLC
• Rondo Ganahl Aktiengesellschaft
• Ribble Packaging Ltd.
• Come Sure Group (Holdings) Limited
• Nine Dragons Paper (Holdings) Ltd

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Key Segments of the Corrugated Fanfold Industry

By Wall Type:

In terms of wall type, the industry is divided into single wall, double wall, and triple wall.

By Flute Type:

In terms of flute type, the industry is segregated into C flute, B flute, E flute, and others.

By Width:

By width, the market is divided into below 500 mm, 501 to 1000 mm, 1001 to 1500 mm, and above 1500 mm.

By Printing Technology:

By printing technology, the market is divided into digital printing, flexographic printing, and lithographic printing.

By End Use:

The market is classified by end uses such as shipping & logistics, e-commerce, electronics & home appliance, pharmaceutical, personal care & cosmetics, furniture, food & beverage, and other consumer goods.

By Region:

Key countries of North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe, Central Asia, Russia & Belarus, Balkan & Balkan Countries, and Middle East & Africa have been covered in the report.

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