The North America corrugated boxes market reached a volume of 46 Billion Sq. Metres in 2019. Corrugated box refers to a primary means of packaging used for transporting various objects. It is usually composed of paperboard, which is made primarily of cellulose fibers obtained from wood. These boxes provide high strength, rigidity, flexibility, high durability, light-weightiness and aesthetic value. Also, they are eco-friendly as no harmful chemicals are used during the manufacturing process and are recyclable. Corrugated boxes are used in the packaging of products across various industry sectors such as food and beverage, cosmetics, pharmaceutical products, personal care and household goods, electrical goods, glassware and ceramics, textile, etc.
North America represents one of leading markets for corrugated boxes pertaining to the increasing preference for innovative and lightweight packaging materials across diverse sectors in the region. Rising demand for premium goods from the e-commerce industry has fueled the demand for corrugated boxes. Escalating focus on retail-ready and sustainable packaging will continue to spur the demand in the upcoming years. Looking forward, IMARC Group expects the market to reach a volume of 50 Billion Sq. Metres by 2025, registering a CAGR of 1.3% during 2020-2025.
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