Global Corrugated Packaging Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global corrugated packaging market in its upcoming report titled, “Global Corrugated Packaging Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global corrugated packaging market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global corrugated packaging market report has been segmented on the basis of box type, wall construction, application and region.

Request Covid - 19 Impact

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Corrugated Packaging has proven to be more effective for protecting goods & fresh products as compared to its counter parts. It is the most recommended packaging during shipping due to its pressure resistant nature. Its reliable strength ensures damage free transit of many consumer goods. It is being available in numerous shapes and sizes and used for different commodities which includes cosmetics, food & beverages, pharmaceuticals which widening its popularity across different verticals. Some features of the target product such as high strength, high durability, aesthetic value, light-weightiness, recyclability, and cost-effectiveness pushing the market towards growth. Rising population and increasing purchasing power, along with growing applications across various industries such as personal care, food & beverages, pharmaceuticals & healthcare, electronic goods are some of the major factors which are expected to contribute a major share in the overall market.

Increasing inclination towards light-weight and convenient product packaging pushing the packaging industry to meet growing consumer demands. Growing demand towards e-commerce and online retail industry have boosted the use of packaging, resulting in growth of the global market. In addition, ban on the plastic and plastic packaging has fueled the demand for paper packaging across the globe. Rising preference towards sustainable packaging and growing demand for packaged and branded products upscale the target market growth. Additionally, CPA (The Corrugated Packaging Alliance) and government initiatives for promoting eco-friendly packaging materials support the market positively. However, problem to withstand in harsh indoor and outdoor weather conditions as efficiently acting as a major restraining factor for the market growth.

Geographically, the report covers the market for corrugated packaging across regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Asia Pacific market is expected to witness a phenomenal growth over the forecast period, especially in emerging economies. China, India and Japan are the main contributor to the Asia Pacific market, in terms of the market revenue. Whereas, market in China accounts for the largest market share in the region owing to rapid urbanization and industrial development. According to International Corrugated Case Association, India is expected to emerge as one of the largest producers of corrugated packaging in the future.

Global Corrugated Packaging Market Segmentation:

Segmentation by Product:

• Rigid Boxes
• Self-Erecting Boxes
• Telescope boxes
• Slotted boxes
• others

Segmentation by Wall Construction:

• Single-wall
• Double-wall
• Triple-wall

Segmentation by Application:

• Food & beverages
• Electronic goods
• Personal care
• Healthcare
• Others

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa