Corrugated Packaging Market Size, Share, and Analysis, By Wall Type (Single Wall, Double Wall, Triple Wall, and Single Face), By Packaging Type (Containers, Boxes, Trays, Sheets, and Others), By End Use Industry (Food and Beverages, Personal Care, Pharmac

Corrugated Packaging Market Size, Share, and Analysis, By Wall Type (Single Wall, Double Wall, Triple Wall, and Single Face), By Packaging Type (Containers, Boxes, Trays, Sheets, and Others), By End Use Industry (Food and Beverages, Personal Care, Pharmaceuticals, Electronic Goods, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034

Corrugated Packaging Market Size, Share, and Analysis, By Wall Type (Single Wall, Double Wall, Triple Wall, and Single Face), By Packaging Type (Containers, Boxes, Trays, Sheets, and Others), By End Use Industry (Food and Beverages, Personal Care, Pharmaceuticals, Electronic Goods, and Others), By Region (North America, Europe, Asia-Pacific, and Rest of the World), And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Corrugated Packaging Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 119.4 billion and is projected to reach USD 185.5 billion by the completion of 2034.

Corrugated packaging is made from a material known as corrugated fiberboard, which is usually produced from paper pulp. It comprises two smooth outer layers and a rippled inner layer called the corrugated medium. This structure provides durability and padding features, which makes it perfect for transporting and preserving products. Corrugated packaging is flexible and frequently used for shipping containers, retail packaging, and other purposes. In addition, its lighter weight helps in lowering shipping costs and harmful environmental footprint. Furthermore, it can be easily customized to include branding and design variations. Corrugated packaging is in line with modern eco-conscious practices due to its recyclability and sustainability. Thus, corrugated packaging is commonly used in the packaging sector and offers protection, practicality, and environmental friendliness for a variety of goods.

MARKET HIGHLIGHTS

Corrugated packaging market is projected to reach USD 185.5 billion over the forecast period, due to the growth of online shopping, which results in high demand for corrugated packaging solutions. This adoption is noticeable due to the increasing preference for eco-friendly packaging choices, where corrugated materials stand out for their ability to be recycled and break down naturally. In addition, the growth of the food and beverage sector, along with several regulations for the safety and hygiene of packaging, helps in pushing the adoption of corrugated packaging. Moreover, innovations in printing and manufacturing technology are improving the attractiveness and customization options of corrugated packaging, thereby attracting a larger customer base from different industries. Therefore, the corrugated packaging industry is forecasted to continue its growth as a result of evolving consumer demands and the global shift towards eco-friendly packaging options.

Corrugated Packaging Market Segments:

• By Wall Type
• Single Wall
• Double Wall
• Triple Wall
• Single Face
• By Packaging Type
• Containers
• Boxes
• Trays
• Sheets
• Others
• By End-Use Industry
• Food and Beverages
• Personal Care
• Pharmaceuticals
• Electronic Goods
• Others

MARKET DYNAMICS

Growth Drivers

Expansion of E-commerce is Driving Growth in the Corrugated Packaging Market

Trends in Sustainable Packaging Will Act as a Catalyst for Market Growth

Restraint

Competition from Alternative Materials in the Market Will Impact the Growth

Key Players

• International Paper Company
• WestRock Company
• Packaging Corporation of America
• DS Smith Plc
• Smurfit Kappa Group
• Georgia-Pacific LLC
• Mondi Group
• Pratt Industries, Inc.
• Cascades Inc.
• KapStone Paper and Packaging Corporation
• Rengo Co., Ltd.
• Oji Holdings Corporation
• Nine Dragons Paper (Holdings) Limited
• Svenska Cellulosa Aktiebolaget (SCA)
• Lee & Man Paper Manufacturing Ltd.
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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