Global Die Cut Corrugated Boxes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Die Cut Corrugated Boxes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Die cut boxes are highly customizable corrugated cardboard boxes designed to fit any shape, size, or need. They are known as die cut boxes because they are cut from plain sheets of corrugated material on a machine known as a die cutter. Die cut corrugated boxes are one of the most commonly used secondary packaging solutions in a wide range of end-use industries.

Market Overview:

The latest research study on the global Die Cut Corrugated Boxes market finds that the global Die Cut Corrugated Boxes market reached a value of USD 28183.54 million in 2022. It’s expected that the market will achieve USD 38559.23 million by 2028, exhibiting a CAGR of 5.36% during the forecast period.

COVID-19 disease is spreading all over the world, infecting millions of people around the world, and major countries around the world have imposed embargoes and stop-work orders. Over the past year, the market has witnessed a decline in company sales and marketing activities, temporary business shutdowns and disruptions to supply chain and manufacturing activities. A considerable number of companies are still struggling due to manufacturing delays, which are mainly due to restrictions on raw materials and on-site labor. For some die cut corrugated boxes manufacturers, due to social distancing measures and supply chain delays, the crisis has slowed down product delivery and has had a certain impact on revenue. Some factories began to resume operation, however, enterprises need to protect the life and health of employees while operating production, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after production, and testing the body temperature of employees every day to ensure their health. These measures will increase production costs and affect the development of enterprises.

For downstream industries, the COVID-19 crisis has severely impacted the demand for corrugated containers across various industries, except for food and healthcare applications. The comparatively stagnant growth of many end-use industries such as electronics, personal care and cosmetics industries has negatively impacted the target market. The growth of the personal care and cosmetics industries was hampered during the pandemic as a result of restrictions to manufacturing and logistics of non-essential goods.

Strength

The corrugated die-cut boxes are widely used in various industry. Below is a list of the benefits that can be given by using a die-cut corrugated carton.
Eco-friendly. Corrugated packaging is made from a high percentage of recycled material (mostly in the 70-100% range). It can be manufactured from paper pulp that comes from fast-growing pine trees, or made from wood chips and other leftover materials. Since corrugated boxes are mostly made using recycled materials, it takes less energy to produce them.
Cost-effective. The die-cut corrugated box is a very economical solution to the packing and delivery of many products. It is flat packed and shipped in the spreading state, which means low costs for the storage and delivery.
Protection for Transportation and Shipping Safety. Corrugated boxes can protect even the most fragile items, including glass and chemical liquids. The tear-resistant qualities of corrugated cardboard are hard to beat and they have the added advantage of guarding against moisture, so food items are kept fresh. The durability of corrugated boxes is one reason why so many companies use them as a staple of their shipping and fulfillment strategies.
Creative structure. The die-cut paper box usually has the most creative die-lines, these packaging boxes can also be folded into all kinds of different shapes and box sizes.

Weakness

Corrugated boxes can handle many of packaging needs, but consumers will be concerned about the availability and durability of corrugated boxes, which to some extent limits the promotion of products:
Much of the mass of corrugated cardboard is air, due to the shape of the corrugation inside. If placed under much sideways pressure, corrugated cardboard will bend, pucker and crumple.
As a packing material, corrugated cardboard provides very little resistance to moisture. When made wet, either from ambient moisture in the environment or from direct contact, corrugated cardboard will soften, eventually becoming pulpy. Corrugated cardboard is also highly absorbent, and will thus readily transfer moisture to its contents.
Due to the layered construction of corrugated cardboard, cutting any kind of intricate or curved shape from a sheet of this material is likely to yield untidy-looking results. The corrugated inner layer will often show on the edge of a cut. While the curvy, air-filled corrugation inside the layers of the cardboard provide excellent cushioning, their bulk makes them inconvenient for many craft projects or structures that might require more detail and finesse in shaping.

Region Overview:

Asia dominated the Die Cut Corrugated Boxes market in 2022, with a market share of 43.73%.

Company Overview:

WestRock is one of the major players operating in the Die Cut Corrugated Boxes market, holding a share of 11.9% in 2022.

WestRock

WestRock is a provider of paper and packaging solutions for consumer and corrugated packaging markets. The company operates through three segments: Corrugated Packaging, which consists of its containerboard mills, corrugated packaging, and distribution operations, as well as its merchandising displays and recycling procurement operations; Consumer Packaging, which consists of its consumer mills, food and beverage, and partition operations; and Land and Development, which sells real estate.

International Paper

International Paper is one of the world’s leading producers of fiber-based packaging, pulp and paper. They improve people’s lives, the planet and their company’s performance by transforming renewable resources into products people depend on every day.

Segmentation Overview:

By type, Single Corrugated segment accounted for the largest share of market in 2022.

Single Corrugated

Single corrugated boxes consist of a one sheet of corrugated medium which is glued and placed between two sheets of liner board. This type of corrugated box has multiple uses in retail industries and as shipping boxes.

Double Corrugated

Double corrugated boxes consist of a two-layer of corrugated medium glued between three layers of liner board. Hence, it makes the box more rigid and can be used for packaging of heavy products or products which are more delicate. This type of corrugated is widely used in shipping of electronic products.

Triple Corrugated

Triple Corrugated is strongest of all type of corrugated box consist of three layers of corrugated medium and four-layer of liner board. Triple wall corrugated boxes are mainly used in packaging of industrial parts due to their durability and higher burst strength.

Application Overview:

By application, the Food & Beverages segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Die Cut Corrugated Boxes market covered in Chapter 3:

Cascades
Smurfit Kappa Group
WestRock
DS Smith
Packaging Corporation of America
OXO Packaging
Georgia-Pacific LLC.
Orora
Mondi Group
Nine Dragons Worldwide (China) Investment Group Co., Ltd.
International Paper

In Chapter 4 and Chapter 14.2, on the basis of types, the Die Cut Corrugated Boxes market from 2018 to 2029 is primarily split into:

Single Corrugated
Double Corrugated
Triple Corrugated
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Die Cut Corrugated Boxes market from 2018 to 2029 covers:

Food & Beverages
Electronic Goods
Home & Personal Care Goods
Chemicals
Textile Goods
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)