Global Corrugated Board Market Size Study, by Flute Type (A-Flute, B-Flute, C-Flute, E-Flute, F-Flute), by Board Style (Single Face, Single Wall, Double Wall, Triple Wall), and Regional Forecasts 2022-2032

Description

The Global Corrugated Board Market, valued at approximately USD 143.85 billion in 2023, is projected to expand with a healthy CAGR of 6.80% over the forecast period 2024-2032. Corrugated board, a versatile and sustainable packaging solution, has witnessed a surge in demand due to the ever-growing e-commerce industry and the increasing shift towards environmentally friendly packaging solutions. Manufacturers and retailers alike are leveraging corrugated boards for their lightweight properties, cost-effectiveness, and recyclability, making them a staple in various industries, including food & beverage, consumer goods, and industrial packaging.

A significant driver propelling the market's growth is the exponential rise in online shopping and home deliveries. The rapid shift towards digital commerce has fueled the demand for protective and sustainable packaging solutions, further amplifying the adoption of corrugated boards. Additionally, technological advancements in corrugated board manufacturing, such as digital printing capabilities and enhanced structural designs, have paved the way for customized and aesthetically appealing packaging solutions. However, fluctuations in raw material prices, particularly kraft paper, coupled with stringent environmental regulations on deforestation, may pose challenges to the market's progression.

The regional landscape of the global corrugated board market highlights significant variations in growth patterns. North America and Europe are well-established markets driven by stringent sustainability norms and a highly developed retail sector. The Asia Pacific region, on the other hand, is poised to register the fastest growth during the forecast period, supported by rapid industrialization, a thriving e-commerce sector, and increasing consumer awareness regarding eco-friendly packaging solutions. Countries such as China and India are spearheading this growth, with local manufacturers aggressively expanding their production capabilities to cater to the growing demand.

Leading players in the corrugated board market are heavily investing in automation and digital transformation to enhance production efficiency and reduce operational costs. Innovations in water-based inks, recyclable adhesives, and lightweight board solutions are reshaping the industry, offering businesses an opportunity to develop high-performance packaging materials while adhering to sustainability goals. Furthermore, strategic partnerships and mergers among key market participants are expected to fuel market competitiveness and facilitate global expansion.

Major market players included in this report are:

International Paper Company
WestRock Company
Smurfit Kappa Group
DS Smith Plc
Mondi Group
Oji Holdings Corporation
Nine Dragons Paper Holdings Limited
Georgia-Pacific LLC
Packaging Corporation of America
Pratt Industries, Inc.
Stora Enso Oyj
Lee & Man Paper Manufacturing Ltd.
Rengo Co., Ltd.
SCA Packaging International
Nippon Paper Industries Co., Ltd.

The detailed segments and sub-segments of the market are explained below:

By Flute Type:

A-Flute
B-Flute
C-Flute
E-Flute
F-Flute

By Board Style:

Single Face
Single Wall
Double Wall
Triple Wall

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
Rest of MEA

Years considered for the study are as follows:

Historical Year - 2022
Base Year - 2023
Forecast Period - 2024 to 2032

Key Takeaways:

Market estimates & forecast for 10 years from 2022 to 2032.
Annualized revenue and regional-level analysis for each market segment.
Detailed analysis of geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Corrugated Board Market Executive Summary

1.1. Global Corrugated Board Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. {By Flute Type} (A-Flute, B-Flute, C-Flute, E-Flute, F-Flute)
- 1.3.2. {By Board Style} (Single Face, Single Wall, Double Wall, Triple Wall)
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Corrugated Board Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Corrugated Board Market Dynamics

3.1. Market Drivers
- 3.1.1. Surge in E-commerce and Online Shopping
- 3.1.2. Demand for Sustainable Packaging Solutions
- 3.1.3. Technological Advancements in Manufacturing
3.2. Market Challenges
- 3.2.1. Fluctuating Raw Material Prices (e.g., Kraft Paper)
- 3.2.2. Stringent Environmental Regulations on Deforestation
3.3. Market Opportunities
- 3.3.1. Growth in Customized Packaging Solutions
- 3.3.2. Expansion in Emerging Markets (e.g., Asia-Pacific)
- 3.3.3. Investment in Automation and Digital Transformation

Chapter 4. Global Corrugated Board Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Corrugated Board Market Size & Forecasts by Flute Type 2022-2032

5.1. Segment Dashboard
5.2. Global Corrugated Board Market: {Flute Type} Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. A-Flute
- 5.2.2. B-Flute
- 5.2.3. C-Flute
- 5.2.4. E-Flute
- 5.2.5. F-Flute

Chapter 6. Global Corrugated Board Market Size & Forecasts by Board Style 2022-2032

6.1. Segment Dashboard
6.2. Global Corrugated Board Market: {Board Style} Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Single Face
- 6.2.2. Single Wall
- 6.2.3. Double Wall
- 6.2.4. Triple Wall

Chapter 7. Global Corrugated Board Market Size & Forecasts by Region 2022-2032

7.1. North America Corrugated Board Market
- 7.1.1. U.S. Corrugated Board Market
  - 7.1.1.1. {Flute Type} Breakdown Size & Forecasts, 2022-2032
  - 7.1.1.2. {Board Style} Breakdown Size & Forecasts, 2022-2032
- 7.1.2. Canada Corrugated Board Market
7.2. Europe Corrugated Board Market
- 7.2.1. U.K. Corrugated Board Market
- 7.2.2. Germany Corrugated Board Market
- 7.2.3. France Corrugated Board Market
- 7.2.4. Spain Corrugated Board Market
- 7.2.5. Italy Corrugated Board Market
- 7.2.6. Rest of Europe Corrugated Board Market
7.3. Asia-Pacific Corrugated Board Market
- 7.3.1. China Corrugated Board Market
- 7.3.2. India Corrugated Board Market
- 7.3.3. Japan Corrugated Board Market
- 7.3.4. Australia Corrugated Board Market
- 7.3.5. South Korea Corrugated Board Market
- 7.3.6. Rest of Asia-Pacific Corrugated Board Market
7.4. Latin America Corrugated Board Market
- 7.4.1. Brazil Corrugated Board Market
- 7.4.2. Mexico Corrugated Board Market
- 7.4.3. Rest of Latin America Corrugated Board Market
7.5. Middle East & Africa Corrugated Board Market
- 7.5.1. Saudi Arabia Corrugated Board Market
- 7.5.2. South Africa Corrugated Board Market
- 7.5.3. Rest of Middle East & Africa Corrugated Board Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. International Paper Company
- 8.1.2. WestRock Company
- 8.1.3. Smurfit Kappa Group
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. International Paper Company
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. WestRock Company
- 8.3.3. Smurfit Kappa Group
- 8.3.4. DS Smith Plc
- 8.3.5. Mondi Group
- 8.3.6. Oji Holdings Corporation
- 8.3.7. Nine Dragons Paper Holdings Limited
- 8.3.8. Georgia-Pacific LLC
- 8.3.9. Packaging Corporation of America
- 8.3.10. Pratt Industries, Inc.
- 8.3.11. Stora Enso Oyj
- 8.3.12. Lee & Man Paper Manufacturing Ltd.
- 8.3.13. Rengo Co., Ltd.
- 8.3.14. SCA Packaging International
- 8.3.15. Nippon Paper Industries Co., Ltd.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes