Corrugated Boxes Market Share, Size, Trends and Research Report 2022-27 – SMU Daily Mustang

According to the latest report from the IMARC group “Corrugated Boxes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global corrugated box market size reached US$193.8 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$225 billion by 2027 , with a CAGR of 2.44% in 2022-2027.

Corrugated boxes refer to a type of packaging material made of corrugated cardboard. They are very durable, lightweight, flexible, crush resistant, economical and can withstand pressure unlike cardboard boxes. They provide convenience, product safety and are easy to handle when packing, loading and unloading. Nowadays, as consumers become aware of the environmental risks posed by non-biodegradable and plastic-based packaging materials, corrugated boxes have gained immense popularity as a sustainable packaging solution across various verticals. Of the industry.

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Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Market trends:

With the current trend of online shopping, corrugated boxes have gained momentum all over the world. Manufacturers design corrugated boxes in a wide range of shapes and sizes to make the packaging unique and attractive, which has encouraged e-commerce retailers like Amazon and Flipkart to use them extensively for storage and retail purposes. ‘dispatch. Apart from that, these boxes are capable of printing photorealistic images, which helps in effective marketing by building brand awareness and promoting the products among consumers. For this reason, they are highly preferred in Retail Ready Packaging (RRP) and Retail Ready Packaging (SRP). Moreover, leading companies are investing in research and development (R&D) activities to improve and improve the chemical resistance, weather resistance, dimensional stability and other physical properties of corrugated boxes to diversify their applications.

Breakdown by material used:

  • Recycled corrugated cardboard
  • wavy virgin

Breakdown by end use:

  • Food and beverage products
  • Paper products
  • Electrical and electronic products
  • Personal care and household items
  • Chemical products
  • Glassware and Ceramics
  • Textile products
  • Others

Market Breakdown by Region:

  • North America (USA, Canada)
  • Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, UK, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa

Competitive landscape with a key player:

  • international paper company
  • Nine Dragons Worldwide (China) Investment Group Co., Ltd.
  • WestRock Company
  • Smurfit Kappa Group plc
  • Lee and Man Paper Manufacturing Ltd.

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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as consumer behaviors in the industry around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.

If you want the latest primary and secondary data (2021-2026) with cost module, business strategy, distribution channel, etc. Click request a free sample report, the published report will be emailed to you in PDF format within 24-48 hours of receipt. full payment.

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The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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