Corrugated Packaging Market Research Report -Forecast to 2023

Corrugated Packaging 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 Packaging Market Forecast To 2023
Global Corrugated Packaging Market Information - by type (Bliss / Rigid Boxes, Self-Erecting Boxes,
Telescope boxes, Slotted boxes and others), by Wall Construction (Single-wall, Double-wall and Triplewall), by application (Food & beverages, Electronic goods, Personal care, Pharmaceuticals & healthcare
and Others) and by Region - Forecast to 2023
Market Synopsis of Global Corrugated Packaging Market
The global corrugated packaging market has experienced a humongous growth over the past years and as per the
estimation the global corrugated packaging market will grow more on a rapid pace during the forecast period. The rising
population and growing per capita income are the major growth driver for this market. Along with this the growing
applications segment such as food & beverages, personal care, Pharmaceuticals & healthcare, consumer goods, electronic
goods have contributed a major role in the overall market growth. Corrugated Packaging is one of the most preferred
packaging for small, medium and large sized products which in turn has increased the demand across the globe. Growing
ecommerce industry has become on the major trend in the global corrugated packaging market. Banning of plastic
packaging has also become the major reason for the rising demand of corrugated packaging market.
Global corrugated packaging has very broad market in coming recent years. MRFR analysts has predicted that food &
beverages and consumer goods industry are about to grow at a rapid pace, moreover, the speedy rising ecommerce
business has also been a growth momentum which means more demand for these industries and in turn for corrugated
packaging.
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Corrugated Packaging Market Forecast To 2023
Global Corrugated Packaging Market Share (2016), By Region
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Corrugated Packaging Market Forecast To 2023
Key Findings
• North America dominate the global corrugated packaging market with a share of 33.4% in 2016, in terms of value. It is
expected to grow at a CAGR of 5.69% during the forecast period.
• Asia-Pacific is the fastest growing region with a CAGR of 6.39% owing to the emerging economies coupled with lucrative
opportunities in packaging industry and growing ecommerce industry.
• Rigid boxes segment expected to witness growth in global corrugated packaging market with share of 29.50% in 2016, in
terms of value. It is expected to grow at 6.04% CAGR during the forecast period.
Key Market Players
The key players in global corrugated packaging market report included are Mondi Group (U.S.), Smurfit Kappa Group (Ireland)
International Paper Company (Tennessee), Orora Packaging Australia Pty Ltd (Australia), WestRock (U.S.), Georgia-Pacific LLC
(Atlanta), Archis Packaging (India) Pvt. Ltd., Europac Group (U.K.), KapStone Paper and Packaging Corporation (U.S.) and Nefab
Group (Sweden).
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Global Corrugated Packaging Market Information - by type (Bliss / Rigid Boxes, Self-Erecting Boxes, Telescope boxes, Slotted boxes and others), by Wall Construction (Single-wall, Double-wall and Triple-wall), by application (Food & beverages, Electronic goods, Personal care, Pharmaceuticals & healthcare and Others) and by Region - Forecast to 2023

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