Globally corrugated boxes market is gaining momentum in food & beverages and e-commerce industries. Asia-Pacific is estimated to be fastest-growing region during forecast period. Growth in e-commerce industry is expected to benefit corrugated boxes manufacturing companies in Asian markets. Corrugated boxes market segmented into North America, Europe, Asia-Pacific, & Rest of World (RoW). Asia-Pacific region held largest share among all regions in 2015.
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Corrugated boxes market size by value will grow and reach USD 76.76 Billion by 2021 at a CAGR of 3.94% between 2016 and 2021. The market is further driven by factors such as increasing awareness among consumers about sustainable packaging and their pace of adopting such products is one of the biggest factors leading to increase in demand for corrugated boxes.
The corrugated boxes ecosystem comprises companies such as
- Mondi Group Plc (South Africa),
- International Paper Company (U.S.),
- WestRock Company (U.S.),
- DS Smith Plc (U.K.),
- Smurfit Kappa Group (Ireland), and
- Rengo Co. Ltd. (Japan).
Corrugated boxes market ecosystem involves various stakeholders in corrugated boxes market.
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This ecosystem consists of various stakeholders involved in supply chain of corrugated boxes industry. It primarily starts with raw material suppliers who provide required raw materials to manufacturing companies.
This is followed by research & development team as consumers want better and innovative solutions to their problems which are much more sustainable and environment friendly.
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It helps to print images on uneven and rough substrates like corrugated boxes. Digital printing accounted for the second-largest market in 2015.
The corrugated boxes market is segmented on the basis of type, printing technology, printing ink, material, end-use industry, and region. On the basis of type, slotted boxes held the largest market share, in terms of both volume and value.
This research is useful for following target audience
- Manufacturers of corrugated boxes
- Importers and exporters of corrugated boxes
- Traders, distributors, and suppliers of corrugated boxes
Corrugated boxes ecosystem comprises companies such as Mondi Group Plc (South Africa), International Paper Company (U.S.), WestRock Company (U.S.), DS Smith Plc (U.K.), Smurfit Kappa Group (Ireland), and Rengo Co. Ltd. (Japan). Other players in market are KapStone Paper and Packaging Corporation (U.S.), Cascades Inc.
(Canada), Packaging Corporation of America (U.S.), and Georgia-Pacific LLC (U.S.).
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This report will help stakeholders to better understand their competitors and gain more insights into their position in business. This report will help stakeholders to understand market and provide them information on key market drivers, restraints, challenges, and opportunities.
This report will help the market leaders/new entrants in this market in the following ways:
- This report segments the corrugated boxes market comprehensively and provides the closest approximation of the revenue numbers for the overall market and the subsegments across the different verticals and regions.
- This report will help stakeholders to understand the market and provide them information on key market drivers, restraints, challenges, and opportunities.
- This report will help stakeholders to better understand their competitors and gain more insights into their position in the business.
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