Corrugated box is made by assembling corrugated cardboard sheets which are prepared by gluing two flat papers (liners) to the top of a wavy layer of cardboard (flute) on either side. On account of the wavy layer, corrugated box serves as an insulator, thereby, protecting its contents from temperature variations. In addition, it offers high strength, rigidity, flexibility, high durability, light-weightiness, aesthetic value, cost-effectiveness and recyclability. Besides this, corrugated box is crush-resistant and has the ability to withstand top or side pressure. Owing to the aforementioned properties, corrugated box represents a preferred means of packaging for numerous industries. According to the latest report by IMARC Group, “Corrugated Boxes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global corrugated boxes market reached a value of US$ 176.1 Billion in 2018, growing at a CAGR of 4.7% during 2011-2018.
Growing e-commerce industry is one of the primary factors driving the global corrugated boxes market. As product safety is crucial for online retailers, they prefer corrugated boxes which have proved to be an effective transit packaging material. Another factor catalyzing the market growth is the surge in the demand for packaged food products due to rising disposable incomes and lifestyle changes. This has, in turn, led to the penetration of corrugated boxes in the food and beverage industry. The growth of the other end-use industries such as, chemicals, electronics and textiles has further escalated the global demand for corrugated boxes. Moreover, manufacturers are also coming up with different shapes, sizes and designs, in order to increase their consumer-base.
The report has segmented the global corrugated boxes market on the basis of end-use. The food products and beverage sector dominates the market, accounting for nearly a half of the total global market. Other end-use sectors include electrical and electronic goods, personal and household care goods, glassware and ceramics, paper product, chemicals and textile goods. Based on the material used, recycled corrugates exhibit a clear dominance in the market, followed by virgin corrugates. The market is also segmented on a regional basis, covering North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Amongst these, Asia-Pacific represents the largest market, followed by Europe. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of the major players are International Paper, Nine Dragons Paper, West Rock, Smurfit Kappa Group, and Lee & Man Group.
This report provides a deep insight into the global corrugated boxes industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a corrugated boxes manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the corrugated boxes industry in any manner.
Key Questions Answered in This Report:
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-702-409-7331 )
( India: +91-120-433-0800 )
Drop us an email at