Corrugated Plastic Board Market Report: Trends, Forecast and Competitive Analysis to 2030
Corrugated Plastic Board Trends and Forecast
The future of the global corrugated plastic board market looks promising with opportunities in the graphic arts and signage, packaging and storage, agriculture, automotive, and building & construction applications. The global corrugated plastic board market is expected to reach an estimated $3.9 billion by 2030 with a CAGR of 5.0% from 2024 to 2030. The major drivers for this market are escalating preference for sustainable and eco friendly packaging solutions, rising e-commerce sector, and broadening use of corrugated plastic boards in advertising and signage.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Corrugated Plastic Board by Segment
The study includes a forecast for the global corrugated plastic board by type, application, and region.
Corrugated Plastic Board Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Polypropylene Type
- Polyethylene Type
- Others
Corrugated Plastic Board Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Graphic Arts and Signage
- Packaging and Storage
- Agriculture
- Automotive
- Building & Construction
- Others
Corrugated Plastic Board Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Corrugated Plastic Board Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies corrugated plastic board companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the corrugated plastic board companies profiled in this report include-
- Coroplast
- Northern Ireland Plastics
- SIMONA
- Primex Plastics
- Sangeeta
- Karton
- Tah Hsin Industrial
- Distriplast
- DS Smith
- Zibo Kelida Plastic
Corrugated Plastic Board Market Insights
Lucintel forecasts that polypropylene type is expected to witness the higher growth over the forecast period due to its widespread usage in many different applications, such as consumer product packaging and plastic parts for different industries.
Within this market, building and construction is expected to witness the higher growth due to substantial usage of corrugated plastic board in this sector given to their lightweight, durable, and versatile nature.
North America will remain the largest region over the forecast period.
Features of the Global Corrugated Plastic Board Market
Market Size Estimates: Corrugated plastic board market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Corrugated plastic board market size by type, application, and region in terms of value ($B).
Regional Analysis: Corrugated plastic board market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the corrugated plastic board market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the corrugated plastic board market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the corrugated plastic board market size?
Answer: The global corrugated plastic board market is expected to reach an estimated $3.9 billion by 2030.
Q2. What is the growth forecast for corrugated plastic board market?
Answer: The global corrugated plastic board market is expected to grow with a CAGR of 5.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the corrugated plastic board market?
Answer: The major drivers for this market are escalating preference for sustainable and eco friendly packaging solutions, rising e-commerce sector, and broadening use of corrugated plastic boards in advertising and signage.
Q4. What are the major segments for corrugated plastic board market?
Answer: The future of the corrugated plastic board market looks promising with opportunities in the graphic arts and signage, packaging and storage, agriculture, automotive, and building & construction applications.
Q5. Who are the key corrugated plastic board market companies?
Answer: Some of the key corrugated plastic board companies are as follows:
- Coroplast
- Northern Ireland Plastics
- SIMONA
- Primex Plastics
- Sangeeta
- Karton
- Tah Hsin Industrial
- Distriplast
- DS Smith
- Zibo Kelida Plastic
Q6. Which corrugated plastic board market segment will be the largest in future?
Answer: Lucintel forecasts that polypropylene type is expected to witness the higher growth over the forecast period due to its widespread usage in many different applications, such as consumer product packaging and plastic parts for different industries.
Q7. In corrugated plastic board market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the corrugated plastic board market by type (polypropylene type, polyethylene type, and others), application (graphic arts and signage, packaging and storage, agriculture, automotive, building & construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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