Corrugated Sheets Market is Forecasted to Reach US$ 1,247 million in 2030, Says Stratview Research

The global corrugated sheets market is projected to witness a growth rate of 3.5% annually from 2024 to 2030, with an anticipated size of US$ 1,247 million by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global corrugated sheets market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights:
Market Size in 2030: US$ 1,247 million
Growth (CAGR): 3.5% during 2024-2030
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 4
Number of Tables & Graphs: 100+

Segment Insights on the Corrugated Sheets Market:
The global corrugated sheets market is segmented based on application type, thickness type, material type, and region.

Based on application type - The market is segmented into outdoor signs & displays, packaging & protections, building solutions, and others.
Packaging & Protection is expected to remain dominant as well as the fastest-growing application in the market during the forecast period. Corrugated PP is a preferred material for packaging applications owing to its impressive impact resistance. Its strength enhances the durability of containers and packaging systems, providing robust protection against impacts and ensuring the integrity of the packaged items. Key players are adopting recirculating packaging to reduce waste, promote recycling, and minimize environmental impact.

Based on the thickness type - The market is segmented into less than 5 MM, 6-8 MM, and more than 8 MM.
Less than 5 MM is expected to remain the dominant and fastest-growing thickness type in the market during the forecast period. Key advantages of this thickness type include lightweight, flexibility, ease of cutting and fabricating, and cost-effectiveness. Key applications of this thickness type include packaging of delicate items, electronics, food trays, signage, promotional displays, and printing substrates.

Based on the material type - The market is segmented into PP and PE. PP is projected to remain the most preferred and fastest-growing material in the market throughout the forecast period. PP is widely utilized across various industries due to its versatility and cost-effectiveness making it the dominant material of choice. PP can undergo recycling up to four times, while high-density PE demonstrates greater recyclability potential, with up to ten cycles possible. Despite the enhanced sustainability of high-density PE, PP remains economically advantageous offering a lower price point compared to PE. Additionally, the higher melting point of PP in comparison to PE, coupled with its superior chemical resistance, positions it as the preferred material for corrugated sheets.

To know the most attractive segments, visit:
https://www.stratviewresearch.com/3763/corrugated-sheets-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Europe is expected to remain the largest market for global corrugated sheets during the forecast period. This growth outlook is majorly attributed to the following-
- Europe is the dominant region due to the presence of many key players and the higher demand for PP in this region as Europe is highly inclined towards sustainability and PP being the recyclable material makes it the preferred material in this region.
- Asia-Pacific is poised to emerge as the fastest-growing market due to its expanding presence across various end-use markets which drives the demand for packaging materials like corrugated PP and PE. The diverse applications of corrugated sheets across a wide range of industries contribute significantly to its growth trajectory.

Corrugated Sheets Market Drivers:

Some of the key drivers listed in the report are given below.
- The growing demand for environment-friendly goods and the implementation of sustainability policies across different regions are compelling industries to provide sustainable solutions.
- Corrugated sheets can be recycled and along with this PP is more economical than the vast majority of packaging materials.

Top Companies in the Corrugated Sheets Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Inteplast Group including Coroplast and Matra Plast
• Corplex
• Karton S.p.A.
• Primex Plastics Corporation
• Ondaplast S.p.A.
• Beaulieu International Group (Distriplast)
• Polyflute
• Ardenplast
• Industrial Plastics Belgium
• Laminacorr Industries Inc.

What Unique Insights Does this Report Offer?

This report provides comprehensive insights into the Corrugated Sheets Market, answering critical questions like:

• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:

• North American Corrugated Sheets Market: https://www.stratviewresearch.com/3755/north-american-corrugated-sheets-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.