Global Corrugated Board Market Growth 2024-2030

Global Corrugated Board Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Corrugated Board market size was valued at US$ 3887.6 million in 2023. With growing demand in downstream market, the Corrugated Board is forecast to a readjusted size of US$ 4723.6 million by 2030 with a CAGR of 2.8% during review period.

The research report highlights the growth potential of the global Corrugated Board market. Corrugated Board are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Corrugated Board. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Corrugated Board market.

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.

Key Features:

The report on Corrugated Board market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Corrugated Board market. It may include historical data, market segmentation by Type (e.g., Single Face Board, Single Wall Board), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Corrugated Board market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Corrugated Board market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Corrugated Board industry. This include advancements in Corrugated Board technology, Corrugated Board new entrants, Corrugated Board new investment, and other innovations that are shaping the future of Corrugated Board.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Corrugated Board market. It includes factors influencing customer ' purchasing decisions, preferences for Corrugated Board product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Corrugated Board market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Corrugated Board market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Corrugated Board market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Corrugated Board industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Corrugated Board market.

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.

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?

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