Packaging Industry Today

Corrugated Boxes Market Expected to Grow at 3.91% CAGR ; 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
Published 02 February 2018
Market Research Future published a research report on “Global Corrugated Boxes Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Synopsis

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, e-commerce 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.

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Segmentation

By Type
  • Rigid Boxes
  • Self-Erecting Boxes
  • Telescope Boxes
  • Slotted Boxes
  • Others
By Wall Construction
  • Single-Wall Corrugated Boxes
  • Double-Wall Corrugated Boxes
  • Triple-Wall Corrugated Boxes
By Application
  • Food & Beverages
  • Consumer Goods
  • Personal Care
  • Healthcare
  • E-Commerce
  • Others
By Region
  • Asia Pacific
  • North America
  • Europe
  • Rest of World
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).

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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Scope of the Report
This study provides an overview of the global corrugated boxes market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global corrugated boxes market by its type, by wall construction, by application and regions.

By Type
  • Rigid Boxes
  • Self-Erecting Boxes
  • Telescope Boxes
  • Slotted Boxes
  • Others
By Wall Construction
  • Single-Wall Corrugated Boxes
  • Double-Wall Corrugated Boxes
  • Triple-Wall Corrugated Boxes
By Application
  • Food & Beverages
  • Consumer Goods
  • Personal Care
  • Healthcare
  • E-Commerce
  • Others
By Region
  • Asia Pacific
  • North America
  • Europe
  • Rest of World
The report for Global Corrugated Boxes Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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