Corrugated Packaging Market Size, Share and Industry Analysis Report by Products (Corrugated Box [Single phase corrugated box, Single wall corrugated box, Double wall corrugated box, Triple wall corrugated box], Folding boxboard), Printing Technique (Lit

Corrugated Packaging Market Size, Share and Industry Analysis Report by Products (Corrugated Box [Single phase corrugated box, Single wall corrugated box, Double wall corrugated box, Triple wall corrugated box], Folding boxboard), Printing Technique (Lithography, Flexography, Digital Printing) and End-use Industry (Food & beverages, Personal Care & Home Care, Medical, Home Appliances & Electronics, Other FMCG, Agriculture, Industrial, Chemical & Plastics, Paper & Carton), Regional Outlook, Application Growth Potential, Competitive Landscape & Forecast, 2022 - 2028

The global corrugated packaging market is expected to expand at a significant rate through 2028 driven by the increasing use of corrugated packaging in a lot of end-use industries.

Corrugated packaging finds extensive usage in the paper packaging industry. Corrugated boxes can contribute to a variety of sectors, including consumer goods, food and beverage, durable goods, medications, tobacco, and others. Corrugated packaging is relatively easy to recycle and thus, help reduce harmful environmental impact, which has been a key factor facilitating business growth.

The corrugated packaging market has been segmented in terms of product, printing technique, end-use industry, and region. Based on product, the market has been categorized into corrugated box and folding boxboard. Under corrugated box, the market has been further divided into single wall corrugated box, single phase corrugated box, double wall corrugated box, and triple wall corrugated box.

The single phase corrugated box segment is anticipated to grow at a robust pace through the forecast period due to its key applications in the shipping industry. Single phase corrugated boxes are made of one or two sheets of liner board as well as a single flute, which is glued to the liner board. These boxes are used in a variety of applications, including shipping boxes. They are commonly sold in sheet rolls and are extensively used for the packaging of a product for padding and protection.

The triple wall corrugated box segment holds a notable share in the market and is expected to expand positively over the review timeline. Triple wall corrugated boxes are the toughest of all varieties since they are comprised of three layers of the corrugated medium as well as four layers of liner board.

Moreover, due to their superior burst strength and durability, triple board corrugated boxes are commonly utilized in the packing of industrial parts. For heavy materials like industrial parts or large glassware, these boxes are perfect for transport and storage. Triple-walled corrugated boxes also provide protection and strength. The triple layer in these boxes and quality linerboard provides for bending and pressure resistance from all directions. These attributes are stipulated to further propel segmental growth in the coming years.

With respect to printing techniques, the corrugated packaging market has been bifurcated into lithography, digital printing, flexography, and others. The others segment is set to witness sizable growth over the review timeline. Other printing techniques include screen printing, label stickers, die-cutting, and so on.

in the process of screen printing, ink is forced through a tight screen that is set on a frame. This screen contains a stencil to designate the picture areas and is made of a porous substance that enables complete coverage of ink on the corrugated board. Before being turned into a box or display, the board is typically screen-printed.

Screen printing is widely adopted for retail packaging in point-of-purchase (POP) displays and is best suited for small to medium production runs. When a high-resolution image is desired, this method is considered ideal. However, in case of label stickers, printing sheets are glued to the surface of the corrugated box. This method helps achieve a glossy finish in a cost-effective manner, which is anticipated to boost segmental expansion in the forthcoming years.

Based on end-use industry, the market has been classified into personal care & home care, food & beverages, medical, other FMCG, home appliances & electronics, agriculture, chemical & plastics, industrial, paper & carton, and others. The medical segment is slated to register substantial growth by 2028. Numerous products, such as tablets, capsules, injections, laboratory equipment, medical equipment, and other items, are packaged in corrugated boxes. Corrugated packaging offers various advantages over other options available in the market, including providing a dust-free and a more sterile method for transporting pharmaceutical products, which is calculated to drive segmental expansion through the projected period.

The other FMCG segment is likely to register substantial growth over the review timeline as these items are sold quickly and for a reasonable price. The term FMCG refers to fast-moving consumer goods. These include non-durable household products, like packaged foods, toiletries, beverages, over-the-counter medications, and other consumables.

The agriculture segment is projected to showcase tremendous growth by the end of the study timespan since corrugated packaging is essential for the preservation, transportation, and distribution of fresh produce across the world. The industrial segment is expected to expand exponentially through 2028 as corrugated boxes are primarily used in the packing and shipment of automotive equipment. Corrugated boxes are broadly utilized in the storage and shipment of automobile spare parts because they can carry heavy weights while also being cost-effective. These attributes are poised to support segmental growth.

The chemical & plastics segment is speculated to depict a steady growth rate through the forecast period due to consistent use of corrugated boxes for packing chemicals. Chemical packaging is a difficult operation in and of itself as it involves numerous dangers and safety concerns. When it comes to packaging a particular chemical, the possibilities are limited. Corrugated boxes are used in the packaging of solid and liquid chemicals in such a way that the shipment is simple and effective in terms of safety and reliability.

The paper & carton segment is expected to expand due to rising demand for paper in different industrial and manufacturing applications. As a result of their small weight and recyclability, corrugated boxes are commonly used for paper packaging.

From the regional standpoint, the Latin America corrugated packaging market is set to witness substantial growth over the forecast period. LATAM’s rapidly developing food and beverage industry is expected to drive corrugated packaging demand. Meanwhile, the Middle East & Africa corrugated packaging industry is slated to expand considerably through 2028 backed by mounting healthcare spending, along with the flourishing home care and personal care industries across MEA.