Corrugated Packaging Market By Global Industry Size, Share, Trends, Opportunity and Forecast 2027 - TechSci Research

Global corrugated packaging market is expected to grow at a steady CAGR during the forecast period. The global corrugated packaging market is driven by massive rise in demand for corrugated packaging boxes in the thriving global e-commerce industry. Environmental sustainability as well as cost benefits associated with corrugated packaging is expected to bolster the growth of market over the next few years. Additionally, on account of its outstanding properties such as low weight, excellent strength, and recyclability, the companies are increasingly adopting corrugated packaging products for safe product delivery, which is further driving the market growth through 2027.

The global corrugated packaging market is segmented based on product type, packaging type, end-use industry, and region. Based on product type, the market can be categorized into single wall board, double wall board and triple wall board. The single-wall segment accounted for the largest market share in 2021 and the segment is expected to witness high CAGR during the forecast period owing to its cost-effectiveness and wide use as shipping cases from online merchants. Moreover, they absorb shock and protect the contents stored inside, which is further contributing to the growing trend.

Based on end use industry, the food & beverage segment is estimated to grow at a high pace in the next 5 years owing to increased demand for processed food products which in turn is resulting in high adoption of the corrugated boxes for products such as liquid bottles, fruits & vegetables, ready-to-eat food, and confectionary products.

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The major players operating in the corrugated packaging market are Paper Company, Nine Dragons Paper (Holdings) Limited, Smurfit Kappa Group, WestRock Company, Lee & Man Paper Manufacturing Ltd., Georgia-Pacific Equity Holdings LLC, Mondi Group, Oji Holdings Corporation, DS Smith PLC, Packaging Corporation of America and others.

Objective of the Study:

  • To analyze and estimate the market size of global corrugated packaging market from 2017 to 2020.
  • To estimate and forecast the market size of global corrugated packaging market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global corrugated packaging market based on product type, packaging type, end-use industry, company and regional distribution.
  • To identify dominant region or segment in the global corrugated packaging market.
  • To identify drivers and challenges for global corrugated packaging market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global corrugated packaging market.
  • To conduct pricing analysis for global corrugated packaging market.
  • To identify and analyze the profile of leading players operating in global corrugated packaging market.
  • To identify key sustainable strategies adopted by market players in global corrugated packaging market.


TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of global corrugated packaging market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

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Key Target Audience:

  • Corrugated packaging manufacturers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to corrugated packaging

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Product Type

·         Packaging Type

·         End Use Industry

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia; Brazil, Argentina, Colombia;

Key companies profiled

Paper Company, Nine Dragons Paper (Holdings) Limited, Smurfit Kappa Group, WestRock Company, Lee & Man Paper Manufacturing Ltd., Georgia-Pacific Equity Holdings LLC, Mondi Group, Oji Holdings Corporation, DS Smith PLC, Packaging Corporation of America.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Report Scope:

In this report, global corrugated packaging market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Corrugated Packaging Market, By Product Type:
    • Single Wall Board
    • Double Wall Board
    • Triple Wall Board
  • Global Corrugated Packaging Market, By Packaging Type:
    • Box
    • Crates
    • Trays
    • Octabin
    • Pallet
    • Others
  • Global Corrugated Packaging Market, By End-Use Industry:
    • Food & Beverage
    • Electrical & Electronics
    • Homecare Product Types
    • Personal Care Product Types
    • E-Commerce
    • Transportation & Logistics
    • Healthcare
    • Others
  • Global Corrugated Packaging Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global corrugated packaging market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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