Global Corrugated Board Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Corrugated Board market size was valued at USD 4089.1 million in 2023 and is forecast to a readjusted size of USD 4894.9 million by 2030 with a CAGR of 2.6% during review period.
Corrugated Container Board, also referred to as CCM or corrugated case material, is a type of paperboard specially manufactured for the production of corrugated board. The term encompasses both linerboard and corrugating medium (or fluting), the two types of paper that make up corrugated board. Since containerboard is made mainly out of natural unbleached wood fibers, it is generally brown, although its shade may vary depending on the type of wood, pulping process, recycling rate and impurities content. For certain boxes that demand good presentation white bleached pulp or coating is used on the top ply of the linerboard that goes outside the box.
Corrugated is a durable, versatile, low and lightweight paper-based material that is frequently used to make boxes, containers, and displays.
Over the past few decades Asia Pacific has been the largest consumer and producer of corrugated boards and the trend is likely to continue over the forecast period. This trend is largely attributed to increasing demand for processed food & beverages especially in developing countries including India, China, Malaysia and Indonesia. Booming e-commerce business in Asia Pacific is expected to further augment corrugated board demand over the projected period. Flexibility and light weight properties of corrugated bards provides for easy handling and transportation, which is a requisite for e-commerce industries. Growing regulations on non-biodegradable materials in North America and Europe is an anticipated driver for corrugated board market over the next six years. Major market expansion is expected in RoW corrugated board market on account of increasing exports of fruits & vegetables from Africa. Regulations on deforestation and use of paper processing chemicals in Europe and North America are likely to restrain corrugated boards market over the projected period.
The Global Info Research report includes an overview of the development of the Corrugated Board industry chain, the market status of Retail Packaging (Single Face Board, Single Wall Board), Food and Drink Packaging (Single Face Board, Single Wall Board), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Corrugated Board.
Regionally, the report analyzes the Corrugated Board markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Corrugated Board market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Corrugated Board market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Corrugated Board industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Single Face Board, Single Wall Board).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Corrugated Board market.
Regional Analysis: The report involves examining the Corrugated Board market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Corrugated Board market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Corrugated Board:
Company Analysis: Report covers individual Corrugated Board manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Corrugated Board This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Retail Packaging, Food and Drink Packaging).
Technology Analysis: Report covers specific technologies relevant to Corrugated Board. It assesses the current state, advancements, and potential future developments in Corrugated Board areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Corrugated Board market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Corrugated Board market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Single Face Board
Single Wall Board
Double Wall Board
Triple Wall Board
Market segment by Application
Retail Packaging
Food and Drink Packaging
Consumer Goods Packaging
Industrial Packaging
Shipping & Handling
Major players covered
International Paper
Rocktenn
DS Smith
PCA
SAICA
THIM
Westrock
Rengo Company Limited
Cascades
OJI
Mondi
US Corrugated
VPK
Bio-PAPPEL
Alliabox
Rossmann
SCA
VISY
CHENG LOONG
Emin Leydier
Smurfit Kappa Group
ABBE CORRUGATED PTY.
XO Pack Pvt. Ltd.
Sravan Corrugaters Private Limited
Ficus Pax
Saga Elastomer Pvt. Ltd.
Ajanta Packaging
Caprihans
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Corrugated Board product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Corrugated Board, with price, sales, revenue and global market share of Corrugated Board from 2019 to 2024.
Chapter 3, the Corrugated Board competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Corrugated Board breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Corrugated Board market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Corrugated Board.
Chapter 14 and 15, to describe Corrugated Board sales channel, distributors, customers, research findings and conclusion.