The Global Corrugated Box Market is estimated to reach USD 128.3 Billion by 2025 at a CAGR of 3.7 %, predicts forencis research (FSR).
Corrugated box is made up of the corrugated fiberboard consisting of fluted corrugated sheets along with one or more linerboards. Due to the presence of flutes, the corrugated box attains higher strength and better flexibility when compared to the cardboard. Corrugated boxes are durable, versatile, lightmaterial materials and are immensely used for packaging applications for industrial and consumer goods. Corrugated boxes are an ecofriendly alteratives to conventional packaging solutions owing to biodegradable and recyclable characteristics.
Market Drivers:
Corrugated boxes are crucial in the global logistics and commodity distribution systems. These have gained higher popularity owing to their higher sustainability. The growth of the corrugated boxes market is mainly driven by global packaging sector. The global packaging industry is witnessing growth owing to the rise in penetration of online shopping among the potential population. The ongoing trend of Fit-To-Product packaging in the e-commerce sector is further pushing the global packaging sector. Changing consumer’s buying preferences to more processed and packaged goods is another important factor, projected to fuel the market growth in the years to follow.
Environmental degradation through a varied medium is the key area of concern globally. The issues regarding the recyclability of the conventional packaging materials is one of them. This has given rise to eco-friendly packaging components such as cardboard and corrugated boxes. An increase in consumer awareness regarding the environmental impact of non-degradable packaging materials is shifting the consumer demand for the green packaging.
Market Challenge:
For the production of corrugated fiberboard, kraft paper is the key raw material used, which is then process and folded to develop a corrugated box of desired shape and size. However, the volatile price of the raw materials for the production of the corrugated box is acting as a major restraint for the market growth. The cost of the raw materials especially kraft paper is escalating owing to insufficient supply disruption. In addition to this, increasing global delivery and packaging demand has further escalated the demand for kraft paper, which increases its price.
Hence, rising raw material prices is anticipated to act as a roadblock for the market growth.
The report on the corrugated box market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2018-2025 |
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Base Year for Market Calculation |
2019 |
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Forecasted Period |
2020-2025 (2020 estimated year, forecasted up to 2025) |
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Measured Units |
Value (USD Million) Volume (Million Square Meters) |
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Segments Included |
Type, Flute Type, Fold Style, End-User |
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Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa and South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
Corrugated Box Market, by Type
Corrugated Box Market, by Flute Type
Corrugated Box Market, by Fold Style
Corrugated Box Market, by End-User
Corrugated Box Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Growing Global Packaging Industry
4.2.2. Higher Demand for Eco-friendly Packaging
4.3 Restraints
4.3.1. Availability of Better Substitutes
4.4 Opportunities
4.4.1. Soaring Demand from E-commerce Sector
4.5 Challenges
4.5.1 Escalating Raw Material Prices
4.5.2 Performance Limitation in Extreme Mechanical Stress Condition
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 CORRUGATED BOX MARKET BY TYPE, Market Size in USD Million and Million Square Meters (2018—2025)
6.1 Introduction
6.2 Single-phase Corrugated
6.3 Single Wall Corrugated Box
6.4 Double Wallboard
6.5 Triple Wallboard
7 CORRUGATED BOX MARKET BY FLUTE TYPE, Market Size in USD Million and Million Square Meters (2018—2025)
7.1 Introduction
7.2 Type A Flute
7.3 Type B Flute
7.4 Type C Flute
7.5 Type E Flute
7.6 Type F Flute
8 CORRUGATED BOX MARKET BY FOLD STYLE, Market Size in USD Million and Million Square Meters (2018—2025)
8.1 Introduction
8.2 Regular Slotted Container (RSC)
8.3 Full Overlap Container (FOL)
8.4 Half Slotted Type
8.5 Telescope Type
8.6 Fold Type & Tray
8.7 Others
9 CORRUGATED BOX MARKET BY END-USER INDUSTRY, Market Size in USD Million and Million Square Meters (2018—2025)
9.1 Introduction
9.2 Food and Beverage
9.3 Electronics
9.4 Personal Care
9.5 Pharmaceutical
9.6 Chemical
9.7 Others
10 CORRUGATED BOX MARKET BY REGION, Market Size in USD Million and Million Square Meters (2018—2025)
10.1 North America
8.1.1. US
8.1.2. Canada
8.1.3. Mexico
10.2 Europe
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. UK
8.2.5. Spain
8.2.6. The Netherlands
8.2.7. Rest of Europe
10.3 Asia-Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. South Korea
8.3.5. Taiwan
8.3.6. Rest of Asia-Pacific
10.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Rest of Middle East
10.5 South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Rest of South America
11 COMPETITIVE LANDSCAPE
11.1 Introduction
11.2 Market Ranking/Share Analysis of Key Companies
11.3 Company Benchmarking
12 COMPANY PROFILES
12.1 Rengo Co., Ltd.
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products/Solutions/Services Offered
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.2 Smurfit Kappa
12.3 International Paper
12.5 Cascades inc.
12.6 WestRock Company
12.7 Georgia-Pacific
12.8 DS Smith
12.9 Oji Holdings Corporation
12.10 Lee & Man Paper Manufacturing Ltd
12.11 Other Key Companies
13 APPENDIX
13.1 Key Industry Expert Insights
13.2 Primary Discussion Guide
13.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain