Corrugated Packaging Market

Corrugated packaging is a paperboard-based packaging. The corrugated board is made up of a combination of two sheets of liners, which are glued to an inner supporting medium called fluting. These layers of paper together give the overall product a better strength than that of individual layer. The corrugated board is converted into different kind of packaging products for various end-use industries such as e-commerce, electrical & electronics, logistics & transportation, personal care & cosmetics, and food & beverages among others.

Market Dynamics

Corrugated packaging is strong and durable and provides protection to food and beverage products especially when they are shipped to long distances and handled by various laborers. Corrugated boxes also enable the option of customization such that it has the right size to fit the product. Customization helps in creating brand awareness and customers often feel impressed as it looks professional. Since customized branding is an excellent approach to impress consumers. Companies also add a personal touch to boxes, which is a key to gaining clients' loyalty and encouraging repeat purchases.

Corrugated packaging is very cost-effective and completely biodegradable and it can be recycled and reused multiple times. There is a global desire to eliminate one time use and throw plastics, thus corrugated stands out as the best solution as environmentally concerned population is rapidly increasing and people are willing to prefer such companies who make an attempt toward sustainability.

Artificial Intelligence (AI) and Machine Learning (ML) are emerging trends extensively used by corrugated packaging companies. 3D printing is increasingly being utilized in industrial applications. AI has the potential to visualize an algorithmically produced package that is ideal for certain products. By lowering labor expenses and improving output in corrugated packaging industry, businesses can increase profits. AI helps data processing quickly and efficiently, also AI-enabled machines are more accurate than people.

Key features of the study:

• This report provides an in-depth analysis of the global corrugated packaging market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year.
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the corrugated packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include International Paper Company, West Rock Company, DS Smith Packaging Limited, Mondi Group, Nefab Group, Georgia-Pacific, Smurfit Kappa, Stora Enso, Packaging Corporation of America, and Graphic Packaging International, LLC
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics.
• The corrugated packaging market report caters to various stakeholders in this industry including investors, suppliers, corrugated packaging manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the corrugated packaging market

Detailed Segmentation:

• Global Corrugated Packaging Market, By Board Style:
  • Single Face
  • Single Wall
  • Double Wall
  • Triple Wall
• Global Corrugated Packaging Market, By Product Type :
  • Boxes
    • Slotted Boxes
    • Telescope Boxes
    • Rigid Boxes
    • Folder Boxes
  • Crates
  • Octabins
  • Pallets
  • Others
• Global Corrugated Packaging Market, By End-Use:
  • Electronics and Electrical
  • Home care products
  • Food and Beverage
  • Personal Care Products
  • Transportation and logistics
  • Healthcare
  • Others
• Global Corrugated Packaging Market, By Region:
  • North America
    • By Country:
      • U.S
      • Canada
      • Mexico
  • Latin America
    • By Country:
      • Brazil
      • Argentina
      • Rest of Latin America
  • Europe
    • By Country:
      • U.K.
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
  • Asia Pacific
    • By Country:
      • China
      • India
      • Japan
      • ASEAN
      • South Korea
      • Australia
      • Rest of Asia Pacific
  • Middle East
    • By Country:
      • GCC
      • Rest of Middle East
  • Africa
    • By Country:
      • North Africa
      • Central Africa
      • South Africa
• Company Profiles
  • International Paper Company
    • Company Overview
    • Product Portfolio
    • Key Strategies
    • Recent Developments
    • Future Plans
  • West Rock Company
  • DS Smith Packaging Limited
  • Mondi Group
  • Nefab Group
  • Georgia-Pacific
  • Smurfit Kappa
  • Stora Enso
  • Packaging Corporation of America
  • Graphic Packaging International, LLC.

“*” marked represents similar segmentation in other categories in the respective section