Corrugated Packaging Market Research Report -Forecast to 2023

Corrugated Packaging Market Research Report - Global
Forecast to 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Corrugated Packaging Market
Global Corrugated Packaging Market Information - by type (Bliss / Rigid Boxes, Self-Erecting Boxes, Telescope boxes, Slotted
boxes and others), by Wall Construction (Single-wall, Double-wall and Triple-wall), by application (Food & beverages,
Electronic goods, Personal care, Pharmaceuticals & healthcare and Others) and by Region - Forecast to 2023
The global corrugated packaging market has experienced a humongous growth over the past years and as per the estimation the global corrugated
packaging market will grow more on a rapid pace during the forecast period. The rising population and growing per capita income are the major
growth driver for this market. Along with this the growing applications segment such as food & beverages, personal care, Pharmaceuticals & healthcare,
consumer goods, electronic goods have contributed a major role in the overall market growth. Corrugated Packaging is one of the most preferred
packaging for small, medium and large sized products which in turn has increased the demand across the globe. Growing ecommerce industry has
become on the major trend in the global corrugated packaging market. Banning of plastic packaging has also become the major reason for the rising
demand of corrugated packaging market.
Global corrugated packaging has very broad market in coming recent years. MRFR analysts has predicted that food & beverages and consumer goods
industry are about to grow at a rapid pace, moreover, the speedy rising ecommerce business has also been a growth momentum which means more
demand for these industries and in turn for corrugated packaging.
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Corrugated Packaging Market
Key Findings
North America dominate the global corrugated packaging market with a share of 33.4% in 2016, in terms of value. It is expected to grow at a CAGR of
5.69% during the forecast period.
Asia-Pacific is the fastest growing region with a CAGR of 6.39% owing to the emerging economies coupled with lucrative opportunities in packaging
industry and growing ecommerce industry.
Rigid boxes segment expected to witness growth in global corrugated packaging market with share of 29.50% in 2016, in terms of value. It is expected
to grow at 6.04% CAGR during the forecast period.
Key Market Players
The key players in global corrugated packaging market report included are Mondi Group (U.S.), Smurfit Kappa Group (Ireland) , International Paper
Company (Tennessee), Orora Packaging Australia Pty Ltd (Australia), WestRock (U.S.), Georgia-Pacific LLC (Atlanta), Archis Packaging (India) Pvt.
Ltd., Europac Group (U.K.), KapStone Paper and Packaging Corporation (U.S.) and Nefab Group (Sweden).
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Corrugated Packaging Market
Global Corrugated Packaging Market Share (2016), By Region
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Global Corrugated Packaging Market Information - by type (Bliss / Rigid Boxes, Self-Erecting Boxes, Telescope boxes, Slotted boxes and others), by Wall Construction (Single-wall, Double-wall and Triple-wall), by application (Food & beverages, Electronic goods, Personal care, Pharmaceuticals & healthcare and Others) and by Region - Forecast to 2023