Corrugated Packaging Market Size Analysis by Growth, Emerging Trends and Future Opportunities 2030 | Forum

Topic location: Forum home » General » General Chat
Komal Shinde
Komal Shinde Sep 22 '23

Global Corrugated Packaging Market Scenario 2022-2030

The Global Corrugated Packaging Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the Corrugated Packaging market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Corrugated Packaging industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Corrugated Packaging market.

The corrugated packaging market plays a vital role in the global packaging industry, providing versatile and sustainable solutions for various products. Corrugated packaging, made from corrugated board, consists of fluted layers sandwiched between two flat linerboards. It is widely used for shipping, storing, and protecting goods across industries such as food and beverages, e-commerce, electronics, and consumer goods. This article provides an overview of the corrugated packaging market, including its drivers, restraints, and key statistics from government organizations.

The global corrugated packaging market size was USD 70.81 Billion in 2022 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to latest analysis by Emergen Research. One of the primary drivers of the corrugated packaging market is the increasing demand for sustainable packaging solutions. With growing environmental concerns, businesses and consumers are seeking packaging materials that are recyclable, biodegradable, and made from renewable resources. Corrugated packaging fits the bill, as it is predominantly manufactured from recycled fibers, reducing the reliance on virgin materials and minimizing the environmental impact. Additionally, corrugated packaging is lightweight, which helps reduce transportation costs and carbon emissions.

Another driver of the corrugated packaging market is the rise of e-commerce. The exponential growth of online shopping has led to a surge in demand for packaging materials to protect and ship products. Corrugated boxes are the preferred choice for e-commerce packaging due to their durability, versatility, and cost-effectiveness. The ability of corrugated packaging to withstand the rigors of transportation and provide adequate protection for various products has made it indispensable in the e-commerce industry.

However, the corrugated packaging market also faces certain restraints. One significant challenge is the volatility in raw material prices. The production of corrugated packaging heavily relies on the availability and cost of recycled fibers or virgin pulp. Fluctuations in the prices of these raw materials can impact the profitability of corrugated packaging manufacturers and potentially lead to price fluctuations in the market. Additionally, the increasing cost of energy and transportation can also pose challenges to the corrugated packaging industry.

Government organizations play a crucial role in monitoring and regulating the corrugated packaging market. They set guidelines and regulations for the recycling and disposal of packaging materials, ensuring that corrugated packaging meets environmental standards. For instance, the Environmental Protection Agency (EPA) in the United States encourages the use of recycled fibers in corrugated packaging production, promoting sustainability and reducing waste.

Statistics from government organizations highlight the significance of the corrugated packaging market. According to the Fibre Box Association (FBA), the corrugated industry in the United States produced over 389 billion square feet of corrugated products in 2020. This reflects the widespread use and demand for corrugated packaging in various sectors. Furthermore, the FBA reports that the recycling rate for corrugated packaging in the United States was 96% in 2020. This high recycling rate demonstrates the industry's commitment to sustainability and the circular economy.

The study on the Global Corrugated Packaging Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Corrugated Packaging market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Corrugated Packaging industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Corrugated Packaging industry.

Get a sample of the report @ https://www.emergenresearch.com/request-sample/2116

The Global Corrugated Packaging Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

Request a discount on the report @ https://www.emergenresearch.com/request-discount/2116

The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.

Top competitors of the Corrugated Packaging Market profiled in the report include:

Mondi, DS Smith, International Paper, Georgia-Pacific, Oji Holdings Corporation, Smurfit Kappa, WestRock Company, Pactiv Evergreen Inc., Tat Seng, and Packaging Corporation of America

Product Type Segmentation & Application Segmentation:

  • Material Type Outlook (Revenue, USD Billion; 2019-2032)
    • Kraft Paper
    • Recycled Paper
    • Others
  • Product Type Outlook (Revenue, USD Billion; 2019-2032)
    • Boxes
    • Trays
    • Partitions
    • Pads
    • Others
  • Printing Technology Outlook (Revenue, USD Billion; 2019-2032)
    • Flexography
    • Digital Printing
    • Lithography

Regional Analysis of the Corrugated Packaging Market:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/corrugated-packaging-market

Market Overview:

The research report on the Corrugated Packaging market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Corrugated Packaging business sphere.

Key Objectives of the Report:

  • Analysis and estimation of the Corrugated Packaging market size and share for the projected period of 2020-2027
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Corrugated Packaging market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/2116

Related Reports:

Laser Tracker Markethttps://www.emergenresearch.com/industry-report/laser-tracker-market 
Aircraft Seating Markethttps://www.emergenresearch.com/industry-report/aircraft-seating-market 
Customs Brokerage Markethttps://www.emergenresearch.com/industry-report/customs-brokerage-market 
Vascular Graft Markethttps://www.emergenresearch.com/industry-report/vascular-graft-market 
Singapore Intelligence Data Processing Markethttps://www.emergenresearch.com/industry-report/singapore-intelligence-data-processing-market 

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy

Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: https://www.emergenresearch.com/ 
Direct Line: +1 (604) 757-9756 
E-mail: [email protected] 
Explore Our Blogs and Insights Section: https://www.emergenresearch.com/insights