[190+ Pages PDF Report] Global corrugated packaging market to grow from USD 240 billion in 2019 and is expected to reach USD 290 billion by 2026, at a CAGR of 4% by 2026.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the corrugated packaging industry. The report analyzes and declares the historical and current trends analysis of the corrugated packaging industry and subsequently recommends the projected trends anticipated to be observed in the corrugated packaging market during the upcoming years.
The corrugated packaging market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire corrugated packaging market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD billion) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the corrugated packaging industries are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the corrugated packaging industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the corrugated packaging market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the corrugated packaging industry. The corrugated packaging market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the corrugated packaging sector. Key strategic developments in the corrugated packaging market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the corrugated packaging market are appropriately highlighted in the report.
Regional Analysis: Global Corrugated Packaging Market
The corrugated packaging market research report delivers an acute valuation and taxonomy of the corrugated packaging industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the corrugated packaging industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the corrugated packaging industry is provided for the leading economies of the world.
Corrugated boards or fiberboards consist of two main components such as linear and medium components. The linear is a mixture of two sheets of paper, and the medium is a paper that contains flutes or arches structure. These three layers of paper are assembled in a way that gives the overall structure a stronger strength than that of each separate sheet. According to the corrugated packaging, the corrugated boards can cut and fold into various shapes and sizes. Corrugated packaging is used to provide protection to the content over the different temperature conditions and promote goods.
Corrugated packaging is made of natural material which is cost-effective and can be recycled easily. Increasing demand for corrugated packaging in various industries is driving market growth. Moreover, government regulations towards the eco-friendly material, increasing demand from e-commerce industries are propelling the market. However, humidity and moist weather can decrease the strength and firmness of corrugated boards, which may produce restraints in the market growth. On the other hand, with increasing demand from online sellers, the supermarket is expected to create ample opportunities in the corrugated packaging market.
The corrugated packaging market is segmented based on box type, application, wall construction, and region. On the basis of box type segmentation, the market is classified into a folding box, slotted box, telescope box, and rigid box. By application segmentation, the market is divided into processed foods, fresh food, and products, beverages, paper products, electrical products, others. And by wall construction, the market is bifurcated into single-wall, double-wall, and triple-wall.
Top Market Players
Some of the essential players operating in the corrugated packaging market, but not restricted to include Mondi Plc, Newark Group, and Nippon Paper Industries Co. Ltd. Holmen AB, Georgia-Pacific LLC, MeadWestvaco Corporation, DS Smith Plc, Smurfit Kappa Group Plc., Nine Dragons Paper (Holdings) Ltd., International Paper Company, Weyerhaeuser Company, Vinda International Holdings Ltd., Bio Pappel S.A.B. de C.V., OJI Holding Corporation, Lee & Man Paper Manufacturing Ltd., Svenska Cellulosa Aktiebolaget, Mayr-Melnhof Karton AG, Sonoco Products Company, Amcor Ltd., Stora Enso Oyj, and others.
The taxonomy of the corrugated packaging market by its scope and segmentation is as follows:
Global corrugated packaging Market: By Box Type Segmentation Analysis
Global corrugated packaging Market: by Application Segmentation Analysis
Global corrugated packaging Market: By Wall Construction Segmentation Analysis
Global corrugated packaging Market: Regional Segmentation Analysis
KEY REPORT POINTERS & HIGHLIGHTS:
Table of Content
Key Insights from Primary Research
Key Recommendations from Analysts
Industry Major Market Players
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