The latest market report published by Constancy Researchers “Global Corrugated Boxes Market: Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 – 2028”
Global Corrugated Boxes Market: Overview
The global corrugated boxes market was valued at US$ 67,473.9 Million in 2020 and is estimated to grow at a CAGR of 4.1% during the forecast period. The global corrugated boxes market is anticipated to witness lucrative growth in the years to come due to the rising demand for corrugated boxes in the food & beverages industry along with emergence of shelf-ready packaging technology. Furthermore, the growing urbanization and enhanced demand for attractive packaging solutions are some other key factors for the growth of the corrugated boxes market during the forecast period. Moreover, the increased demand for eco-friendly packaging and rising demand for corrugated boxes n in the emerging economies of Asia Pacific are some of the key opportunities for the global corrugated boxes market over the upcoming years. Besides, the volatile raw material cost is one of key factors estimated to hamper the global corrugated boxes market growth in the years to come.
Global Corrugated Boxes Market: COVID-19 Impact
The impact of COVID-19 has been considered in the global corrugated boxes market report published by Constancy Researchers Private Limited. According to Constancy Researchers Private Limited COVID-19 analysis on the global corrugated boxes market, the demand for corrugated boxes has decreased due to haltin the manufacturing industry worldwide during the COVID-19 period.
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Global Corrugated Boxes Market: Report Highlights
- Based on printing inks, the water-based ink category had a major share in the global corrugated boxes market in 2020 and presumed to witness substantial growth over the forecast period. The key benefits of water-based inks such as high percentage of solids is the key factor for the category dominance.
- On the basis of printing technologies, in the corrugated boxes market, the lexicography printing category had a major share in the global market in 2020 and is estimated to continue its dominant position during the forecast period. This is majorly due to quick and economical printing technology.
- Based on the regional analysis, Asia Pacific had a major share in the global market in 2020 and is projected to witness substantial growth over the upcoming years. This is majorly due to the increased demand for corrugated boxes along with the rising packaged food & beverages market in the region. Moreover, Asia Pacific is estimated to witness the fastest growth during the forecast period owing to the rising awareness for corrugated boxes in the region and growing urban population in the emerging economies along with the increased demand for attractive packaging products in the region.
- Mergers & acquisitions, new product launches, strategic partnerships, and collaborations among key players are estimated to be the key strategies in the global corrugated boxes market.
- As per the research by Constancy Researchers Private Limited, the global corrugated boxes market is highly fragmented in nature owing to the presence of a large number of players at the global, regional, and country-level.
List of Key Players of Global Corrugated Boxes Market
- Mondi Group
- International Paper
- Westrock Company
- DS Smith PLC
- Smurfit Kappa Group
- Rengo Co. Ltd
- Cascades Inc.
- Packaging Corporation of America
- Georgia-Pacific LLC
- NINE Dragons Worldwide (China) Investment Group Co., Ltd.
- Federal Industries Corporation
- Nippon Paper Industries Co., Ltd.
- Icustomboxes
- Stora Enso
- Svenska Cellulosa Aktiebolaget
- Sappi
- Brødrene Hartmann
- Ufp Technologies
- Deluxe Packaging
- Larsen Packaging Products, Inc.
- Orcon Industries
- Trident Paper Box Industries
- Tgi Packaging Pvt. Ltd.
- Kapco Packaging
- Avon Pacfo Services Pvt. Ltd.
- Others
Global Corrugated Boxes Market: Segmentation
Constancy Researchers Private Limited has segmented the global corrugated boxes market on the basis of printing technologies,material, material type, type, printing inks, end use,and regional analysis-
Global Corrugated Boxes Market: By Printing Technologies
- Flexographic Printing
- Lithography Printing
- Digital Printing
- Others
Global Corrugated Boxes Market: By Material
- Linerboard
- Medium
- Others
Global Corrugated Boxes Market: By Material Type
- Recycled Corrugates
- Virgin Corrugates
Global Corrugated Boxes Market: By Type
- Slotted Boxes
- Telescope Boxes
- Rigid Boxes
- Folder Boxes
Global Corrugated Boxes Market: By Printing Inks
- Water-Based Ink
- Uv-Curable Ink
- Hot Melt-Based Ink
- Solvent-Based Ink
Global Corrugated Boxes Market: By End Use
- Food & Beverages
- Electronic Goods
- Home & Personal Care Goods
- Chemicals
- Textile Goods
- Glassware & Ceramics
- Paper Products
- Others
Global Corrugated Boxes Market: By Regional Analysis
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of Latin America (LATAM)
- Middle East & Africa (MEA)
- United Arab Emirates (UAE)
- Saudi Arabia
- Rest of Middle East & Africa (MEA)
