Corrugated Board Market Outlook
Corrugated Board Market Size is forecast to reach $292.3 Billion in 2032 from $193.4 Billion in 2025, at an optimistic growth rate of 6% from 2025 to 2032. The robust Corrugated Board Market growth presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on Corrugated Board Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Flute (A Flute, B Flute, C Flute, E Flute, F Flute, Others), By Style (Single Face, Single Wall, Double Wall, Triple Wall). Over 70 tables and charts showcase findings from our latest survey report on Corrugated Board Markets.
Corrugated Board Market Insights, 2025:
Corrugated Board – Key Drivers and Opportunities
The corrugated board market is witnessing robust growth, primarily driven by increasing demand for packaging solutions in various industries such as e-commerce, food and beverages, and consumer goods. The market for corrugated board is seeing a shift towards sustainable packaging options as businesses strive to meet consumer demand for eco-friendly materials and reduce their environmental impact.
The rapid expansion of the e-commerce industry is one of the most significant factors driving the demand for corrugated board. As more goods are shipped directly to consumers, the need for durable and lightweight packaging materials has grown substantially. Corrugated board, with its strong, flexible, and lightweight properties, is an ideal choice for shipping and storage of products. As online retail continues to surge, the demand for customized packaging solutions will continue to grow, creating new opportunities for manufacturers of corrugated board.
Additionally, the sustainability trend is becoming a major driver for the corrugated packaging industry. As businesses seek to minimize their environmental footprint, there is an increased push toward recyclable, biodegradable, and renewable packaging materials. Corrugated board, being made from recycled paper and easily recyclable itself, fits perfectly into these sustainability initiatives. Further, advancements in printing technologies are allowing companies to create branded packaging that appeals to consumers and helps to enhance the customer experience.
As companies across various sectors seek environmentally friendly packaging solutions, the demand for corrugated board will likely continue to rise, particularly as more businesses adopt circular economy models to reduce waste and improve sustainability.
Five Trends that will define global Corrugated Board Market in 2025 and Beyond
A closer look at the multi-million global market for Corrugated Board Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Corrugated Board Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.
What are the biggest opportunities for growth in the Corrugated Board Industry?
The Corrugated Board Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.
Corrugated Board Market Segment Insights
The Corrugated Board Industry presents strong offers across categories. The analytical report offers forecasts of Corrugated Board Industry performance across segments and countries. Key segments in the industry include- By Flute (A Flute, B Flute, C Flute, E Flute, F Flute, Others), By Style (Single Face, Single Wall, Double Wall, Triple Wall). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Corrugated Board Market size outlook is provided for 22 countries across these regions.
Corrugated Board Industry Value Chain
The chapter identifies potential companies and their operations across the global Corrugated Board Industry ecosystem. It assists decision-makers in evaluating global Corrugated Board Market fundamentals, market dynamics, and disruptive trends across the value chain segments.
Scenario Analysis and Forecasts
Strategic decision-making in the Corrugated Board Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.
Asia Pacific Corrugated Board Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.
The State of Europe Corrugated Board Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Corrugated Board Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Corrugated Board Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.
The US Corrugated Board Market Insights- Executives are most excited about opportunities for the US Corrugated Board Industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Corrugated Board Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Corrugated Board Market.
Latin American Corrugated Board Market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.
Middle East and Africa Corrugated Board Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Corrugated Board Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Corrugated Board Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.
Competitive Landscape- How Corrugated Board Companies outcompete in 2025 and Beyond?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include DS Smith Plc, Georgia-Pacific LLC, International Paper Company, Mondi Group, Oji Holdings Corp, Packaging Corp of America (PCA), Port Townsend Paper Corp, Smurfit Kappa Group, Stora Enso Oyj, WestRock Company.
Corrugated Board Market Scope and Segmentation
By Flute
A Flute
B Flute
C Flute
E Flute
F Flute
Others
By Style
Single Face
Single Wall
Double Wall
Triple Wall
Countries Included-
North America- US, Canada, Mexico
Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe
Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC
South and Central America- Brazil, Argentina, Chile, Rest of SCA
Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa
Companies Included in the Corrugated Board Market Research-
DS Smith Plc
Georgia-Pacific LLC
International Paper Company
Mondi Group
Oji Holdings Corp
Packaging Corp of America (PCA)
Port Townsend Paper Corp
Smurfit Kappa Group
Stora Enso Oyj
WestRock Company
Reasons to Buy the report
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook