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Corrugated and Paperboard Boxes Market Research Report - Forecast to 2023

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Global Corrugated and Paperboard Boxes Market Report by Material (Paperboard, Adhesives, Inks, Waxes) by Product (Corrugated & Solid fiber boxes, Set-up Paperboard boxes, Folding Paperboard boxes) by Application (Durable goods, Food & Beverages, Pap
Corrugated and Paperboard Boxes Market
Research Report By Forecast To 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Corrugated and Paperboard Boxes Market Forecast To 2023
Global Corrugated and Paperboard Boxes Market Report by Material (Paperboard, Adhesives, Inks, Waxes)
by Product (Corrugated & Solid fiber boxes, Set-up Paperboard boxes, Folding Paperboard boxes) by
Application (Durable goods, Food & Beverages, Paper & Publishing, Chemicals) and by Region - Global
Forecast to 2023.
Corrugated and paperboard boxes are crimped layers of cardboard, also known as fluting and is crammed amidst the two
thin outer layers. Corrugated boxes are available in numerous shapes and sizes, and are broadly utilized in the packaging of
various commodities such as hazardous chemicals, cosmetics, foods, beverages, pharmaceuticals, and other materials.
These boxes are the favored means of packaging as they possess high strength, high durability, appealing aesthetic value,
light-weightiness, recyclability, and cost-effectiveness.
The corrugated and paperboard boxes market has experienced a humongous growth over the past years, and as per the
prediction, the global corrugated and paperboard boxes market is likely to grow at a rapid pace over the forecast period.
The rising population and growing per capita income are the major growth driver for the corrugated and paperboard boxes
market. Along with this, the growing applications segment such as food & beverages, personal care, Pharmaceuticals &
healthcare, consumer goods, electronic goods has subsidized a key role in the overall market evolution. Corrugated and
paperboard boxes are one of the most favored packagings for small, medium and large sized products, which, in turn, has
augmented the demand across the globe. Growing e-commerce industry has developed on the major trend of packaging
through corrugated and paperboard boxes at various packaging stages in the e-commerce industry is creating a lucrative
market for the corrugated and paperboard boxes. Ban on the plastic packaging has favoured the demand for corrugated and
paperboard boxes in the packaging industry across the globe.
Rapid growth in the electronics sector is eventually propelling the demand for the corrugated and paperboard boxes. Today,
consumer electronics is the top retailing category owing to an upsurge in the number of online electronics models. The
electronics sector is budding with new expansions due to the increaseing penentration of internet and mobile. There has
been growth in the acceptance of online payments and constructive demographics, which has given the companies in the
electronics sector, an occasion to connect with their customers.
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Corrugated and Paperboard Boxes Market Forecast To 2023
Market Segmentation
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Corrugated and Paperboard Boxes Market Forecast To 2023
Segmentation of Global Corrugated and Paperboard Boxes Market
Global corrugated and paperboard boxes market is segmented based on material, product, application, and region. Based
on the material, the market is segmented into paperboard, adhesives, inks, waxes, and others. Among these, the
paperboard is projected to dominate the corrugated and paperboard boxes market till 2023 owing to the rising
implementation of paperboard packaging across all the end use applications. Based on the product, the market is
segmented into corrugated & solid fiber boxes, set-up paperboard boxes, folding paperboard boxes, and others. The
corrugated & solid fiber boxes dominated the market in 2016 and are projected to be the fastest-growing product over the
review period. A wide applications of corrugated & solid fiber boxes across all the major goods packaging with its high
benefits for distance transportation make them an ideal product for packaging. Based on the application, the market is
segmented into durable goods, food & beverages, paper & publishing, chemicals, and others. The durable goods segment
dominated the market in 2016 and is projected to be the fastest-growing application over the next five years, as a result of
the rise in the global sale of electronic goods, home appliances, and other electronic goods, which has resulted into the
market evolution of durable goods.
The corrugated and paperboard boxes market is expected to have a number of new entrants over the forecast period owing
to incessant extensions in the packaging industry coupled with rising consumer preferences for high strength and hygiene
features. The market is also expected to have a high expansion activities by multinationals and well-established companies.
Mergers and acquisition activities are projected to be observed over the forecast period.
The global corrugated and paperboard boxes market is expected to grow at a CAGR of about 4% during the forecast period
2017-2023.
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Corrugated and Paperboard Boxes Market Forecast To 2023
Global Corrugated and Paperboard Boxes Market
Global corrugated and paperboard boxes market is spanned across North America, Europe, Asia Pacific and Rest of the
World. Asia Pacific dominated the global corrugated and paperboard boxes market in 2016 and is anticipated to witness a
phenomenal growth over the forecast period. The region is expected to showcase a rapid growth in the e-commerce and
food & beverages sectors leading to the fast growth in demand for corrugated and paperboard boxes. North America also
holds an impressive share of the global corrugated and paperboard boxes market owing to the growing food & beverages
and electronic industry. Europe is expected to witness a steady growth over the forecast period owing to the rise of
substitute packaging methods in many European economies.
Target Audience
• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
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Corrugated and Paperboard Boxes Market Forecast To 2023
Key Players
Some of The key players in the global corrugated and paperboard boxes market are Mondi Group t(Austria), Georgia-Pacific
Corporation (U.S.), International Paper Company (U.S.), Smurfit Kappa Group (Ireland), Graphic Packaging International, Inc.
(U.S.), Cascades Inc. (Canada), DS Smith Plc (U.K.), Klabin S.A.(Brazil), Oji Holding Corporation (Japan), Nine Dragons
Paper(Holding) Limited (China), Packaging Corporation of America (U.S.), Nippon Paper Industries Co. Ltd (Japan), Orora
Packaging Australia Pty Ltd (Australia), Rengo Co., Ltd. (Japan), and WestRock (U.S.)
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Author
Monica Nerkar
Monica Nerkar272   documents Email
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