Press release
Corrugated Board Packaging Market to Grow by 2020 : Persistence Market Research
Corrugated Board Packaging Market
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Corrugated board is a flexible medium that can be cut and folded into any shape and size as per the end user’s requirements. Corrugated Board is prepared from cellulose fibers containing paper thus having light weight and recyclable property. Corrugated boards are categorized into various types based on shape and size of the flute such as, single faced, single wall, twin wall and triple wall. Single wall corrugated board is the most preferred technology throughout the globe. Corrugated shipping container is multifunctional with various uses such as wrapping, enclosing, protecting, cushioning, indexing, stacking, and displaying. The basic function of this technique of packaging is to protect the product during transportation. These plants are well equipped to converts the corrugated board into finished corrugated products such as, boxes, shipping containers, point-of-purchase displays and other kinds of protective and distribution packaging.
Food and beverages industry are the major end user of corrugated board packaging material followed by automotive and personal care industry. Industrial output and consumer product markets are the other major end-users of corrugated board packaging technique. Additionally, the packaging technique is also used for packaging of chilled, takeaway and ready-cooked foods.
North America is the largest market for corrugated board packaging followed by Europe. Asia-Pacific market is expected to witness better growth rate due to increasing growth in the end-user industries in countries such as China and India. In last few years there is a significant growth in consumption of corrugated box in India by processed food industry, fruits & vegetables suppliers, electronic industry and consumer durable goods industry.
Increase in retail sector along with demand for ready to eat food items is expected to increase the demand for better packaging material. This will provide ample growth opportunity for the global corrugated board packaging market. Additionally, increasing internet shopping is also expected to increase the overall demand for corrugated board packaging. Growing industrial activities, particularly in the manufacturing sector, requiring better packaging techniques to protect and transport goods is also expected to drive the global corrugated board packaging market. Additionally, increasing industrialization and expanding international trade in the developing countries, such as India, are expected to increase the market growth. Environmental concerns also acts as a driving force for the overall market.
Requirement for environment friendly packaging material such as, paper boards which are degradable in nature would also increase the demand for corrugated board packaging technique.
Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/2799
Some of the major players operating in global corrugated board packaging market are I. Waterman (Box Makers) Ltd., Ariba & Company, Kashi Pack Care and Klingele Papierwerke GmbH & Co. KG.
Key points covered in the report
Report segments the market on the basis of types, application, products, technology, etc (as applicable)
The report covers geographic segmentation
North America
Europe
Asia
RoW
The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.
About Us
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients business needs.
PMR stands committed to bringing more accuracy and speed to clients business decisions. From ready-to-purchase market research reports to customized research solutions, PMRs engagement models are highly flexible without compromising on its deep-seated research values.
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