Press release
North American Corrugated Sheets Market Set to Reach 344.8 Million by 2030, Reports Stratview Research
Stratview Research, a leading global market research firm, forecasts that the global North American corrugated sheets market will grow at an annual rate of 3.0%, reaching 344.8 million by 2030. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.Click here to get a free sample of the report:
https://stratviewresearch.com/Request-Sample/3755/north-american-corrugated-sheets-market.html#form
Key Report Highlights:
• Market Size by 2030: 344.8 million
• Growth Rate (CAGR): 3.0% (2024-2030)
• Forecast Period: 2024-2030
• Trend Period: 2018-2022
• Base Year: 2023
• Segments Covered: 4
• Number of Tables & Graphs: 100+
The report serves as a comprehensive decision-making tool for key stakeholders such as CXOs, business strategists, and investors, offering:
• Strategic Clarity: Insights into market trends, growth opportunities, and emerging challenges to streamline business strategies.
• Competitive Intelligence: Analysis of top players, their market positioning, and innovative strategies driving their success.
• Future Readiness: A detailed outlook on evolving market dynamics, technological advancements, and industry disruptions.
Segment Insights on the North American Corrugated Sheets Market:
The report dives deep into the segmentation of the North American corrugated sheets market based on critical parameters:
Based on application type - The North American Corrugated Sheets 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 sheets are preferred for packaging applications owing to their 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 thickness type - The market is segmented into less than or equal to 5 MM, 6-8 MM, and more than 8 MM. Less than or equal to 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 lightweightness, 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 dominant 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. We have not included polycarbonate in our study.
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
In terms of countries, the USA is expected to remain the largest market for North American Corrugated Sheets during the forecast period. The USA possesses a substantial manufacturing base for plastics and related materials, encompassing facilities for both polypropylene production and the manufacturing of Corrugated sheets. As such, it hosts manufacturing facilities for all major players in the market. In addition to this the USA's strong economic growth fuels demand across various industries, including packaging, construction, and automotive, all of which are major consumers of Corrugated sheets. Mexico is poised to emerge as the fastest-growing market due to its expanding presence across various end-use markets. The diverse applications of corrugated sheets across a wide range of industries contribute significantly to its growth trajectory.
North American Corrugated Sheets Market Drivers:
The growth of the North American corrugated sheets market is driven by a combination of macroeconomic factors, evolving industry needs, and technological innovation. Companies are recognizing the need to adapt to shifting market dynamics and are increasingly investing in research, product development, and strategic alliances to maintain their market edge.
Some of the key factors producing measurable change in the market dynamics are as follows:
• Growing demand in the packaging industry. The packaging industry in North America is witnessing healthy growth due to the increasing demand for lightweight, durable, and eco-friendly packaging solutions.
• Increasing environmental awareness and regulations promoting sustainable practices in North America have led to a growing preference for recyclable and biodegradable materials in various industries.
Top Companies in the North American Corrugated Sheets Market:
The report profiles prominent companies operating in the North American corrugated sheets market, providing detailed insights into their market positioning, key strategies, and competitive advantages. Listed below are some of the key players.
• Inteplast Group including Coroplast and Matra Plast
• Primex Plastics Corporation
• Laminacorr Industries
• CoolSeal USA
• US Plast Inc
• Centralplas LLC
• Minnesota Diversified Industries (MDI)
• Lundell Plastics
What Unique Insights Does This Report Offer?
This comprehensive report also answers the following critical questions:
• What is the projected market size and growth potential?
• Which regions and segments are most lucrative for investment?
• Who are the major players, and what are their strategies?
• What challenges and opportunities exist in the market?
• What key trends are shaping the market's future?
For Customization or Any Other Queries, get in Touch with Our Industry Experts at: sales@stratviewresearch.com
Related Reports:
- Corrugated PP Sheets Market: https://stratviewresearch.com/3762/corrugated-pp-sheets-market.html
- Corrugated Sheets Market: https://stratviewresearch.com/3763/corrugated-sheets-market.html
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About Us:
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.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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