Global Corrugated Packaging Market by Type (Single Wall Board, Single Face Board, Double Wall Board, Triple Wall Board), By Application (Food & Beverages, Electrical & Electronics, Home Care Products, Personal Care Products, Ecommerce, Transportation & Logistics, Healthcare, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Corrugated Packaging Market size is expected to reach USD 277.9 billion by 2028, growing at a CAGR of 6.6% during the forecast period from 2019-2028. The Asia Pacific region will account for the largest share in the corrugated packaging market and Europe will have the second-largest share in terms of revenue contribution due to rapid industrialization and rising demand for disposable goods. North America accounted for the third-largest share in 2018 due to low production costs and availability of raw materials like wood pulp, which has led to high growth rates over recent years.

Corrugated packaging is a type of box or container made from paperboard that has been pressed into long narrow flutes, so as to produce a honeycomb pattern in cross-section. The process was originally developed by American inventor Robert Gair in 1888 (although versions were being used for some time before). Corrugation allows the package to be both strong and lightweight, properties which make it an excellent choice for packaging. Corrugated board is usually made of white paper (though other colors are available) but can also use recycled materials or a mix thereof. It is used by many industries as either the main container material (such as in construction), as stiffener-board for fiberglass insulation panels, or in its traditional role as a package medium - with corrugations providing support so that the box does not collapse under contents weight.

On the basis of Types, the market is segmented into single wallboard, single face board, double wallboard, and triple wallboards.

Single Wallboard:

Single wallboard is a type of corrugated box that features one panel or sheet on the outside and another on the inside. It is commonly used for general purpose packaging applications where strength, durability, and lightweight properties are desired. The single corrugation reduces material usage while providing sufficient rigidity to protect products from damage during shipping and handling.

Double Wallboard:

Double Wall Board refers to ones with two sheets of paper exterior (top) and interior (bottom). This construction provides added protection against moisture since both sides contain an impervious layer of paperboard laminate. Double-walled Corrugations use less raw materials than Single Walls because they require only a single cardboard sheet as opposed to two facing pieces.

Triple Wallboard:

Triple wallboard, which is the top of the line in corrugated protection. A triple-wall board has three sheets of paper exterior (top) and interior (bottom). Triple walls provide added protection against moisture since all three layers contain an impervious layer of paperboard laminate. Triple Walls are often used for highly perishable produce like lettuce that could be damaged by water or crushed under heavy pressure from other products inside a box if only one single sheet was used as lining on both sides.

Single Face Board:

A Single Face Board is one of the most common types of board used for corrugated packaging. It has a single sheet (inside and out) that protects an item on all four sides while also providing some added stiffness to the box itself. A Single Wall Board's simplest form can be constructed with three rows of fluting, or grooves, running vertically up each side of the board. These rows are then covered in paperboard laminate before being wrapped around the product inside a box.

On the basis of Application, the market is segmented into food and beverages, electrical and electronics, home care products, personal care products, e-commerce transportation & logistics (T&L), healthcare.

Food and Beverages:

Along with protecting the product from shaking and crushing, corrugated packaging helps to reduce food spoilage. Typical use is in a shipment of apples or oranges shipped long distances. The advantages of using corrugated boxes for this purpose are numerous: they provide a cushioning effect that reduces bumps on the road; they also protect products against temperature extremes during transit; and their design can allow air circulation, which prevents moisture condensation as well as mold growth. In addition, if these containers have tear-off openings at the top or sides (that makes it easy to remove them), then it becomes easier for the packing handlers to remove individual packages before loading them into trucks for distribution by warehouse personnel who will restock each store's shelves.

Electrical & Electronics:

Electrical and electronic equipment are among the industries that use corrugated packaging. Semiconductors, for instance, are often packaged in a way to protect them from physical damage during transport or storage. This is accomplished by placing multiple layers of protective foam around the device before it’s placed into an outer carton or box – both made out of corrugated material. The same applies when these devices need to be photographed on-site for marketing materials: they may come with custom-made cardboard inserts which act as protection against any external forces while also preventing light reflections off their surface. Corrugated boards can thus serve many functions beyond simply being used as a base layer packaging material like paperboard boxes or envelopes; its versatility is what makes them a popular choice in the corrugated packaging market.

Home Care Products:

When it comes to the use of corrugated packaging for home care products, there are many factors that influence its usage. For one, in this segment they’re often used as a secondary protective layer to keep small items from falling out of their original packaging during shipment or distribution; however, some companies also wrap them around larger packages before putting them into another container. The second is that, because these containers need to be reused and recycled by consumers who buy multiple times while keeping efficiency high on both ends of production processes when dealing with perishable goods, they may not always be disposable like food & beverages (whereas recycling flow rates are much lower). In such cases, plastic bottles will have higher cost implications than cardboard boxes – which means that manufacturers may be more likely to use boxes rather than bottles.

Personal Care Products:

One of the applications is in personal care products. This includes soaps and shampoos, among other things. The containers are mostly made from cardboard, which makes it easy to recycle them after use. When recycling occurs at a fast enough rate, then there will be no need for new paperboard production or plastic bottle manufacturing – just an opportunity to reuse what was already created without added cost implications.

E-commerce:

One of the applications is in e-commerce. The containers are mostly made from cardboard, which makes it easy to recycle them after use. When recycling occurs at a fast enough rate, then there will be no need for new paperboard production or plastic bottle manufacturing – just an opportunity to reuse what was already created without added cost implications.

Transportation & Logistics:

One of the applications is in transportation and logistics. The containers are mostly made from cardboard, which makes it easy to recycle them after use. When recycling occurs at a fast enough rate, then there will be no need for new paperboard production or plastic bottle manufacturing – just an opportunity to reuse what was already created without added cost implications.

Healthcare:

One of the applications is in healthcare. The containers are mostly made from cardboard, which makes it easy to recycle them after use. When recycling occurs at a fast enough rate, then there will be no need for new paperboard production or plastic bottle manufacturing – just an opportunity to reuse what was already created without added cost implications.

On the basis of Region, the market is segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa.

North America dominates the market as most of its population is health-conscious. Europe, on the other hand, has a much smaller population but higher disposable income and increased focus on environmental sustainability. Europe, on the other hand, has a much smaller population but higher disposable income and increased focus on environmental sustainability. Latin America is a low-potential market due to the lack of commercial and middle-class population. The Asia Pacific is expected to be an emerging region in this segment as it has a large population base, increasing disposable income, high demand for convenience foods, and focus on food safety regulations. The Middle East & Africa is mature with established packaging manufacturers; however, it is a low-potential market with a high cost of living.

Growth Factors For The Corrugated Packaging Market:

The growth factors of the corrugated packaging market include increasing demand for convenience foods, a growing population base in the Asia Pacific region, and a high cost of living in the Middle East & Africa. The major restraining factor is a lack of a commercial middle-class population due to low disposable income. In terms of growth, Asia Pacific has shown high potential with its growing population base and demand for convenience foods. The Middle East & Africa remains stagnant as it does not have much room for growth due to the high cost of living.

Up Market Research published a new report titled “Corrugated Packaging Market research report which is segmented by Types (Single Wall Board, Single Face Board, Double Wall Board, Triple Wall Board), By Applications (Food & Beverages, Electrical & Electronics, Home Care Products, Personal Care Products, Ecommerce, Transportation & Logistics, Healthcare, Others), By Players/Companies DS Smith Packaging, Packaging, International Paper, Menasha, Corrugated Container, Atlantic Corrugated Box, Wisconsin Packaging, Arabian Packaging, Cascades, Klabin, GWP, Mondi, TGI Packaging, Georgia-Pacific, Smurfit Kappa, Westrock, Rengo, Saica, Pratt Industries, Oji Holdings”.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Corrugated Packaging Market Report Segments:

The market is segmented by Type Single Wall Board, Single Face Board, Double Wall Board, Triple Wall Board and By Application Food & Beverages, Electrical & Electronics, Home Care Products, Personal Care Products, Ecommerce, Transportation & Logistics, Healthcare, Others.

Some of the companies that are profiled in this report are:

1. DS Smith Packaging
2. Packaging
3. International Paper
4. Menasha
5. Corrugated Container
6. Atlantic Corrugated Box
7. Wisconsin Packaging
8. Arabian Packaging
9. Cascades
10. Klabin
11. GWP
12. Mondi
13. TGI Packaging
14. Georgia-Pacific
15. Smurfit Kappa
16. Westrock
17. Rengo
18. Saica
19. Pratt Industries
20. Oji Holdings

Corrugated Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Corrugated Packaging Market

Overview of the regional outlook of the Corrugated Packaging Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Corrugated Packaging Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Corrugated Packaging Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Single Wall Board

                2. Single Face Board

                3. Double Wall Board

                4. Triple Wall Board

                1. Food & Beverages

                2. Electrical & Electronics

                3. Home Care Products

                4. Personal Care Products

                5. Ecommerce

                6. Transportation & Logistics

                7. Healthcare

                8. Others

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Corrugated Packaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Corrugated Packaging Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.