Global Corrugated Board Market Growth 2023-2029

Global Corrugated Board Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Corrugated Board Industry Forecast” looks at past sales and reviews total world Corrugated Board sales in 2022, providing a comprehensive analysis by region and market sector of projected Corrugated Board sales for 2023 through 2029. With Corrugated Board sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Corrugated Board industry.

This Insight Report provides a comprehensive analysis of the global Corrugated Board landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Corrugated Board portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Corrugated Board market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Corrugated Board and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Corrugated Board.

The global Corrugated Board market size is projected to grow from US$ 3887.6 million in 2022 to US$ 4723.6 million in 2029; it is expected to grow at a CAGR of 4723.6 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Corrugated Board market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Single Face Board
Single Wall Board
Double Wall Board
Triple Wall Board

Segmentation by application
Retail Packaging
Food and Drink Packaging
Consumer Goods Packaging
Industrial Packaging
Shipping & Handling

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Corrugated Board market?

What factors are driving Corrugated Board market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Corrugated Board market opportunities vary by end market size?

How does Corrugated Board break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.