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After reaching a value of USD 67.8 Billion in 2022, the global corrugated boxes market is expected to expand at a CAGR of 4.6% from USD 70.8 Billion in 2023 to USD 92.98 Billion by 2030.
Significant expansion of the worldwide market for corrugated boxes has been seen in recent years, and this trend is anticipated to persist into the foreseeable future. There are a number of factors propelling the market forward. To begin, the need for corrugated boxes has increased as e-commerce has grown rapidly around the world. Secure and dependable packing solutions are in high demand as online shopping grows in popularity to protect products throughout transit. Because of their sturdy construction, low weight, and low price, corrugated boxes are frequently used in the e-commerce industry. Second, environmental and sustainability concerns have emerged as major forces propelling the corrugated boxes market. Corrugated boxes are recyclable and biodegradable because of the recycled materials from which they are constructed. Businesses are increasingly using corrugated boxes to conform to green efforts as consumers and regulatory agencies place more importance on sustainable practises. Corrugated boxes have grown in popularity due to their adaptability and personalization choices. You can modify the size, form, and branding of these boxes to fit your precise packaging requirements. Improved product presentation and name recognition can also be attributed to technology developments that have made it possible to mass produce high-quality printed corrugated boxes. The global corrugated boxes market has several obstacles to overcome, despite the optimistic growth forecasts. The shifting prices of key raw materials, particularly paper, pose a significant threat. Manufacturers' production costs and profits are affected by fluctuations in the market price of paper and pulp, two primary raw materials used in the production of corrugated boxes. Corrugated box makers also face difficulties due to the high levels of competition in the packaging market.
There are a great many businesses competing for a small slice of the market. As a result, there will be increased pressure on prices and a pressing need for new product development to set businesses apart. Corrugated boxes face competition from other packaging materials including plastics and foam, which are becoming increasingly popular. Lightweight and durable, for example, these alternatives to corrugated boxes may entice sectors that previously relied on them.
Flute Analysis
Markets for corrugated boxes around the world can be broken down into submarkets based on the flute type of the corrugated media used in production. A, B, C, D, and E varieties of flutes are the most prevalent. Various packaging needs can be met by the various flute types because they each have unique characteristics and performance capabilities. The B-flute is the most popular style of corrugated box sold around the world. B-flute corrugated boxes are popular because they strike a good mix between thickness and strength. They're comfortable to stack on top of one another, provide adequate padding, and may be printed on. B-flute corrugated boxes see frequent use in the retail, consumer products, and electronics sectors.
However, E-flute corrugated boxes are the most rapidly expanding segment of the worldwide corrugated boxes market. E-flute corrugated boxes are narrower in profile than other flute varieties, and they have a smooth, easily-printable surface. Intricate designs, high-quality graphics, and improved presentation are just some of the reasons why these materials are ideal for use in packaging. E-flute corrugated boxes are becoming increasingly common in the high-end retail, cosmetics and specialised goods markets.
Board-Style Analysis
The number of layers of corrugated medium and linerboard employed in production allows for useful categorization of the global corrugated boxes market into board style. Single Face, Double Wall, and Triple Wall boards are the most popular types. Different types of board provide varying degrees of strength, durability, and protection and hence meet a range of needs in the packaging industry. When it comes to corrugated boxes, the Single Wall board type is by far the most popular option worldwide. Corrugated single-wall boxes include only one corrugated medium layer and two linerboard layers. Because of their low price, adaptability, and sufficient strength for numerous uses, they have found widespread employment in a variety of different industries. The retail, e-commerce, and food and beverage industries are just a few that regularly make use of single wall corrugated boxes.
However, Double Wall board design is the most rapidly expanding segment of the worldwide corrugated boxes industry. Double Wall corrugated boxes are stronger and last longer than Single Wall boxes because they are constructed with two layers of corrugated medium and three layers of linerboard. They are perfect for storing or transporting items over long distances because of the extra security they offer against damage or loss. Industries including the automobile, electronics, and industrial equipment sectors are driving the demand for double wall corrugated boxes.
Key Market Developments
The market for corrugated boxes has also been affected by the increased demand for environmentally friendly packaging options. Recycling, biodegradability, and minimising an organization's impact on the environment are becoming increasingly important to modern businesses. This movement coincides with a growing interest in eco-friendly packaging among consumers.
The demand for e-commerce packaging solutions, such as corrugated boxes, has increased dramatically alongside the meteoric rise of the online retail sector. Stronger, more reliable, and more efficient packaging that can resist the wear and tear of shipping is becoming increasingly popular.
Report Coverage
Global Corrugated Boxes research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Corrugated Boxes report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Corrugated Boxes competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Corrugated Boxes market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Corrugated Boxes market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Corrugated Boxes market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
International Paper Company - US, WestRock Company - US, Smurfit Kappa Group - Ireland, Packaging Corporation of America - US, DS Smith - United Kingdom, Mondi Group - United Kingdom, Georgia-Pacific LLC - US, Nine Dragons Paper (Holdings) Limited - China, Oji Holdings Corporation - Japan, Pratt Industries - US, Stora Enso - Finland, Klabin - Brazil, Lee & Man Paper Manufacturing Limited - Hong Kong, Rengo Co., Ltd. - Japan, Svenska Cellulosa AB (SCA) - Sweden, Sappi Limited - South Africa, Visy Industries - Australia, Shanying International Holdings Co., Ltd. - China, VPK Packaging Group - Belgium, Packaging Coordinators Inc. (PCI) - US
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Corrugated Boxes market based on the below-mentioned segments:
Global Corrugated Boxes Market, By Type
Rigid Boxes
Self-Erecting Boxes
Telescope Boxes
Slotted Boxes
Others
Global Corrugated Boxes market, By Application
Food & Beverages
Consumer Goods
Personal Care
Pharmaceuticals
E-Commerce
Others
Global Corrugated Boxes Market, By Wall Construction
Single-Wall
Double-Wall
Triple-Wall
Global Corrugated Boxes market, Regional Analysis
Significant expansion of the worldwide market for corrugated boxes has been seen in recent years, and this trend is anticipated to persist into the foreseeable future. There are a number of factors propelling the market forward. To begin, the need for corrugated boxes has increased as e-commerce has grown rapidly around the world. Secure and dependable packing solutions are in high demand as online shopping grows in popularity to protect products throughout transit. Because of their sturdy construction, low weight, and low price, corrugated boxes are frequently used in the e-commerce industry. Second, environmental and sustainability concerns have emerged as major forces propelling the corrugated boxes market. Corrugated boxes are recyclable and biodegradable because of the recycled materials from which they are constructed. Businesses are increasingly using corrugated boxes to conform to green efforts as consumers and regulatory agencies place more importance on sustainable practises. Corrugated boxes have grown in popularity due to their adaptability and personalization choices. You can modify the size, form, and branding of these boxes to fit your precise packaging requirements. Improved product presentation and name recognition can also be attributed to technology developments that have made it possible to mass produce high-quality printed corrugated boxes. The global corrugated boxes market has several obstacles to overcome, despite the optimistic growth forecasts. The shifting prices of key raw materials, particularly paper, pose a significant threat. Manufacturers' production costs and profits are affected by fluctuations in the market price of paper and pulp, two primary raw materials used in the production of corrugated boxes. Corrugated box makers also face difficulties due to the high levels of competition in the packaging market.
There are a great many businesses competing for a small slice of the market. As a result, there will be increased pressure on prices and a pressing need for new product development to set businesses apart. Corrugated boxes face competition from other packaging materials including plastics and foam, which are becoming increasingly popular. Lightweight and durable, for example, these alternatives to corrugated boxes may entice sectors that previously relied on them.
Flute Analysis
Markets for corrugated boxes around the world can be broken down into submarkets based on the flute type of the corrugated media used in production. A, B, C, D, and E varieties of flutes are the most prevalent. Various packaging needs can be met by the various flute types because they each have unique characteristics and performance capabilities. The B-flute is the most popular style of corrugated box sold around the world. B-flute corrugated boxes are popular because they strike a good mix between thickness and strength. They're comfortable to stack on top of one another, provide adequate padding, and may be printed on. B-flute corrugated boxes see frequent use in the retail, consumer products, and electronics sectors.
However, E-flute corrugated boxes are the most rapidly expanding segment of the worldwide corrugated boxes market. E-flute corrugated boxes are narrower in profile than other flute varieties, and they have a smooth, easily-printable surface. Intricate designs, high-quality graphics, and improved presentation are just some of the reasons why these materials are ideal for use in packaging. E-flute corrugated boxes are becoming increasingly common in the high-end retail, cosmetics and specialised goods markets.
Board-Style Analysis
The number of layers of corrugated medium and linerboard employed in production allows for useful categorization of the global corrugated boxes market into board style. Single Face, Double Wall, and Triple Wall boards are the most popular types. Different types of board provide varying degrees of strength, durability, and protection and hence meet a range of needs in the packaging industry. When it comes to corrugated boxes, the Single Wall board type is by far the most popular option worldwide. Corrugated single-wall boxes include only one corrugated medium layer and two linerboard layers. Because of their low price, adaptability, and sufficient strength for numerous uses, they have found widespread employment in a variety of different industries. The retail, e-commerce, and food and beverage industries are just a few that regularly make use of single wall corrugated boxes.
However, Double Wall board design is the most rapidly expanding segment of the worldwide corrugated boxes industry. Double Wall corrugated boxes are stronger and last longer than Single Wall boxes because they are constructed with two layers of corrugated medium and three layers of linerboard. They are perfect for storing or transporting items over long distances because of the extra security they offer against damage or loss. Industries including the automobile, electronics, and industrial equipment sectors are driving the demand for double wall corrugated boxes.
Key Market Developments
The market for corrugated boxes has also been affected by the increased demand for environmentally friendly packaging options. Recycling, biodegradability, and minimising an organization's impact on the environment are becoming increasingly important to modern businesses. This movement coincides with a growing interest in eco-friendly packaging among consumers.
The demand for e-commerce packaging solutions, such as corrugated boxes, has increased dramatically alongside the meteoric rise of the online retail sector. Stronger, more reliable, and more efficient packaging that can resist the wear and tear of shipping is becoming increasingly popular.
Report Coverage
Global Corrugated Boxes research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Corrugated Boxes report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Corrugated Boxes competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Corrugated Boxes market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | International Paper Company - US, WestRock Company - US, Smurfit Kappa Group - Ireland, Packaging Corporation of America - US, DS Smith - United Kingdom, Mondi Group - United Kingdom, Georgia-Pacific LLC - US, Nine Dragons Paper (Holdings) Limited - China, Oji Holdings Corporation - Japan, Pratt Industries - US, Stora Enso - Finland, Klabin - Brazil, Lee & Man Paper Manufacturing Limited - Hong Kong, Rengo Co., Ltd. - Japan, Svenska Cellulosa AB (SCA) - Sweden, Sappi Limited - South Africa, Visy Industries - Australia, Shanying International Holdings Co., Ltd. - China, VPK Packaging Group - Belgium, Packaging Coordinators Inc. (PCI) - US |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Corrugated Boxes Market from 2021 to 2030.
- Market Forecast for Corrugated Boxes Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Corrugated Boxes competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Corrugated Boxes
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Corrugated Boxes market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Corrugated Boxes market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
International Paper Company - US, WestRock Company - US, Smurfit Kappa Group - Ireland, Packaging Corporation of America - US, DS Smith - United Kingdom, Mondi Group - United Kingdom, Georgia-Pacific LLC - US, Nine Dragons Paper (Holdings) Limited - China, Oji Holdings Corporation - Japan, Pratt Industries - US, Stora Enso - Finland, Klabin - Brazil, Lee & Man Paper Manufacturing Limited - Hong Kong, Rengo Co., Ltd. - Japan, Svenska Cellulosa AB (SCA) - Sweden, Sappi Limited - South Africa, Visy Industries - Australia, Shanying International Holdings Co., Ltd. - China, VPK Packaging Group - Belgium, Packaging Coordinators Inc. (PCI) - US
Primary Target Market
- Market Players of Corrugated Boxes
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Corrugated Boxes market based on the below-mentioned segments:
Global Corrugated Boxes Market, By Type
Rigid Boxes
Self-Erecting Boxes
Telescope Boxes
Slotted Boxes
Others
Global Corrugated Boxes market, By Application
Food & Beverages
Consumer Goods
Personal Care
Pharmaceuticals
E-Commerce
Others
Global Corrugated Boxes Market, By Wall Construction
Single-Wall
Double-Wall
Triple-Wall
Global Corrugated Boxes market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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