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Key Influencer in the Chipboard Packaging Market 2025: Expansion Of E-Commerce Fuels Growth In The Chipboard Packaging Market Driver
Chipboard Packaging
The surge in e-commerce is predicted to fuel the chipboard packaging market's expansion in the future. E-commerce, which involves the purchase and sale of products or services via the internet, often includes online transactions and digital payments. The growth in e-commerce is due to various aspects, such as the rise in social media usage, the convenience and personalized shopping experiences provided by online platforms, and the capacity to compare prices and products. E-commerce necessitates chipboard packaging, which offers protective, lightweight, and eco-friendly packaging solutions for shipping goods to customers. For example, according to data from the United States Census Bureau, a U.S government agency, in May 2024, U.S retail e-commerce sales for the first quarter of 2024, after accounting for seasonal variation, amounted to $289.2 billion. This marked a 2.1 percent (±0.7%) increase compared to the last quarter of 2023. Thus, the rise in e-commerce is bolstering the chipboard packaging market's growth.
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How will the growth rate of the chipboard packaging market shape industry trends by 2034?
The market for chipboard packaging has seen robust growth over recent years. It's set to increase from a value of $12.17 billion in 2024 to $13.29 billion in 2025, indicating a Compound Annual Growth Rate (CAGR) of 9.2%. Factors such as industrial revolution, a surge in consumer goods, a rise in environmental consciousness, and the rapid expansion of globalization and urbanization have significantly contributed to the historical growth of this market.
Anticipations of robust growth are projected for the chipboard packaging market within the coming years. The market is predicted to escalate to $18.65 billion by 2029, with a compound annual growth rate (CAGR) of 8.8%. Several factors driving this growth include the expansion of retail chains and e-commerce, prevalence of chipboard packaging in the food and beverage industry, growing disposable income, and rising demands for eco-friendly packaging options. The forecast period will also reportedly witness trends like advancements in printing technology and chipboard production techniques, increased product innovation, and enhancement of retail-ready packaging (RRP) and supply chain logistics.
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What trends are poised to drive the future success of the chipboard packaging market?
Leading firms in the chipboard packaging industry are concentrating on the creation of technologically superior solutions such as packaging platforms to enhance customer service. Packaging platforms are systems or frameworks that businesses employ to streamline and optimize their packaging procedures. For example, Amcor Plc, an Australian packaging firm, introduced the AmFiber platform in January 2022. This platform distinguishes itself by enhancing conventional paper packaging through the provision of upgraded features and functional benefits. This demonstrates Amcor's dedication to customer-centric and adaptable innovation by providing premium packaging technology customized for specific material needs.
Which primary segments of the chipboard packaging market are driving growth and industry transformations?
The chipboard packaging market covered in this report is segmented -
1) By Product: Folding Cartons, Rigid Boxes, Inserts And Dividers, Display Packaging, Specialized Packaging, Chipboard Pads
2) By Category: Brown, White
3) By Application: Food And Beverage, Pharmaceuticals, Electronics, Jewelry, Cosmetics, Personal Care, Household And Decorative, Other Applications
Subsegments:
1) By Folding Cartons: Standard Folding Cartons, Windowed Folding Cartons, Retail Packaging Folding Cartons
2) By Rigid Boxes: Luxury Rigid Boxes, E-Commerce Rigid Boxes, Cosmetic and Pharmaceutical Rigid Boxes
3) By Inserts And Dividers: Protective Inserts, Custom Dividers, Pre-formed Inserts
4) By Display Packaging: Point of Sale (POS) Displays, Shelf-Ready Packaging (SRP), Floor Displays
5) By Specialized Packaging: Food Packaging (e.g., Take-Out Packaging), Pharmaceutical Packaging, Electronics Packaging
6) By Chipboard Pads: Protective Pads, Cushioning Pads, Custom-Sized Pads
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North America was the largest region in the chipboard packaging market in 2023. The regions covered in the chipboard packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the chipboard packaging market landscape?
Major companies operating in the chipboard packaging market are Graphic Packaging International LLC, Mayr-Melnhof Karton AG, Elopak, Great Northern Corp., RTS Packaging LLC, Associated Bag Co., Deluxe Packaging Inc., PakFactory Inc., Carton Service Inc., Neway Packaging Corporation, Alpha Packaging Inc., Riverside Paper Co. Inc., Peek Packaging Inc., Ameripak CO., Stamar Packaging Inc., Multicell Packaging Inc., Mankato Packaging Co., Quality Support LLC, Imperial Printing & Paper Box Mfg. Co., Romiley Board Mill, Canpaco Inc., Classic Packaging Corp., Complete Finishings Inc., Imperial Paper Company, Marion Paper Box Company
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What Is Covered In The Chipboard Packaging Global Market Report?
•Market Size Forecast: Examine the chipboard packaging market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the chipboard packaging market for a structured understanding.
•Key Players Overview: Analyze major players in the chipboard packaging market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the chipboard packaging market.
•Segment Contributions: Evaluate how different segments drive overall growth in the chipboard packaging market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the chipboard packaging market.
•Industry Challenges: Identify potential risks and obstacles affecting the chipboard packaging market.
•Competitive Landscape: Review strategic developments in the chipboard packaging market, including expansions, agreements, and new product launches.
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