Global Corrugated Boxes Market Research Report - Forecast To 2023

Corrugated 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 Boxes Market Research Report - Forecast to 2023
Global Corrugated Boxes Market Information by Type (Rigid Boxes, Self-Erecting Boxes, Telescope Boxes,
Slotted Boxes and Others), By Wall Construction (Single-Wall, Double-Wall, Triple-Wall), By Application (Food
& Beverages, Consumer Goods, Personal Care, Healthcare, E-Commerce, Others) And Region - Forecast To
2023
The global corrugated boxes market is driven by Asia-Pacific followed by Europe. In 2016, Asia-Pacific accounted for the
largest market share of 49.50% and is projected to grow at the highest CAGR, in terms of value, during the forecast period.
Steady growth in e-commerce business and food and beverage industry in Asia-Pacific region offers a potential opportunity
for the corrugated boxes market to boom during the forecast period. The Europe region has the highest paper recycling
rate which is leading to an increased production of corrugated boxes.
Corrugated boxes are used in various applications such as food & beverages, consumer goods, personal care, healthcare, ecommerce and others. Among these, food and beverages segment is expected to grow the highest during the forecast
period. In the food and beverage industry, corrugated boxes are used for products such as liquid bottles, fruits & vegetables
and processed foods such as readymade pizzas along with confectionary products. In addition, online retailing of food and
beverages has also boosted the use of corrugated boxes, resulting in overall market growth.
The global corrugated boxes market is a very dynamic market and is expected to witness high growth over the forecast
period. The growth of corrugated boxes market is influenced by the strong growth in e-commerce, rapid growth in the
electronic sector and growing demand for product safety. However, government regulation for corrugated boxes and
adverse effects on the environment are expected to hinder the growth of the market. In 2016, the global corrugated boxes
market was valued at USD 61,229.4 million and is projected to grow at a CAGR of 3.91% during the forecast period.
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Corrugated Boxes Market Forecast To 2023
Corrugated Boxes Market-By Segment
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Corrugated Boxes Market Forecast To 2023
Key Players
The key players of global corrugated boxes market report include Mondi Group (Austria), Smurfit Kappa Group (Ireland) ,
International Paper Company (U.S.), Orora Packaging Australia Pty Ltd. (Australia), WestRock (U.S.), Georgia-Pacific LLC
(U.S.), Archis Packaging Pvt. Ltd. (India), Europac Group (U.K.), KapStone Paper and Packaging Corporation (U.S.) and Nefab
Group (Sweden).
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Global Corrugated Boxes Market Information by Type (Rigid Boxes, Self-Erecting Boxes, Telescope Boxes, Slotted Boxes and Others), By Wall Construction (Single-Wall, Double-Wall, Triple-Wall), By Application (Food & Beverages, Consumer Goods, Personal Care, Healthcare, E-Commerce, Others) And Region - Forecast To 2023