PUBLISHER: The Business Research Company | PRODUCT CODE: 1694783
PUBLISHER: The Business Research Company | PRODUCT CODE: 1694783
Plastic corrugated packaging refers to materials fabricated from corrugated plastic sheets used for various packaging and storage applications. It is a durable and lightweight material composed of two flat plastic sheets connected by parallel ribs or flutes for resistance to moisture, chemicals, and impact, as well as recyclability and customization options in size, shape, and printing.
The main types of plastic corrugated packaging materials are polypropylene, polyethylene terephthalate, polycarbonate, and polyethylene. Polypropylene (PP) refers to a thermoplastic polymer that is widely used in various applications due to its versatility, durability, and resistance to many chemical solvents. Several types of packaging include folding boxes, crates, bins and racks, trays, and inserts and dividers, which are used by various end-users, such as food and beverages, automotive, agriculture, electrical and electronics, and healthcare.
The main types of plastic corrugated packaging materials are polypropylene, polyethylene terephthalate, polycarbonate, and polyethylene. Polypropylene (PP) refers to a thermoplastic polymer that is widely used in various applications due to its versatility, durability, and resistance to many chemical solvents. Several types of packaging include folding boxes, crates, bins and racks, trays, and inserts and dividers, which are used by various end-users, such as food and beverages, automotive, agriculture, electrical and electronics, and healthcare.
The plastic corrugated packaging market size has grown steadily in recent years. It will grow from $229.84 billion in 2024 to $239.51 billion in 2025 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to demand for sustainable packaging, e-commerce growth, automotive industry demand, food and beverage industry trends, logistics and supply chain optimization.
The plastic corrugated packaging market size is expected to see steady growth in the next few years. It will grow to $287.25 billion in 2029 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to regulatory changes, global pandemic impact, circular economy initiatives, and consumer preferences and e-commerce evolution. Major trends in the forecast period include innovations in packaging design and technology, advantages of plastic corrugated packaging, and growing awareness of sustainability.
The growth of e-commerce is expected to propel the growth of the plastic corrugated packaging market going forward. E-commerce refers to the exchange of money and data over an electronic network, usually the internet, and purchasing and selling goods and services. E-commerce utilizes plastic corrugated packaging for its durability, lightweight nature, and cost-effectiveness, ensuring secure and efficient transportation of goods. For instance, in March 2022, according to the International Trade Administration, a US-based government agency, e-commerce sales in Canada was $2.34 billion and expected to reach $40.3 billion by 2025. Therefore, the growth of e-commerce is driving the continued growth of the plastic corrugated packaging market.
Leading companies in the plastic corrugated packaging market are prioritizing the development of innovative solutions like fanfold corrugated packaging to enhance packaging efficiency and sustainability. Fanfold corrugated packaging consists of accordion-folded corrugated material, designed for ease in handling, storage, and shipping. For example, in September 2022, VPK Group, a Belgium-based paper and cardboard manufacturer that produces corrugated packaging from recycled materials, introduced its fit2size brand. This initiative aims to promote the use of fanfold corrugated packaging solutions throughout Europe by reducing the need for void fill, spacers, and fillers. Additionally, it supports the creation of precise, on-demand packaging, reduces stock-keeping units (SKUs), and lowers the need for manual handling and assembly.
In January 2024, Hood Container, a US-based company specializing in corrugated box packaging, acquired Sumter Packaging's corrugated business for an undisclosed amount. The acquisition of Sumter's location and asset capabilities allows Hood to expand its reach into a new market and fulfillment operations for Sumter in South Carolina, along with its business from the Statesville, North Carolina, facility. Sumter Packaging Corporation is a US-based full-service plastic corrugated box and custom packaging manufacturer.
Major companies operating in the plastic corrugated packaging market are DS Smith Plc, Menasha Corporation, ORBIS Corporation, Primex Plastics Corporation, Dynapac Co. Ltd, Minnesota Diversified Industries Inc., FlEXcon Company Inc., Signode Industrial Group, Technology Container Corp, American Containers Inc., GWP Group, Coroplast Inc., Samuel Grant Packaging, CoolSeal USA, A&C Plastics, Androp Packaging Inc., New-Tech Packaging, Sohner Kunststofftechnik GmbH, Amatech Inc., Packman Packaging Private Limited, Classic Enterprises Pvt Ltd, Mills Industries, Twinplast Ltd., Pinnacle Packaging Industries, Corlite Packaging Industries Sdn Bhd, Hinkle Manufacturing Inc., Siddhi Plast by suninfy, Dongguan Jianxin Plastic Products Co. Ltd., Yamakoh Co. Ltd.
Asia-Pacific was the largest region in the plastic corrugated packaging market in 2024. The regions covered in the plastic corrugated packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the plastic corrugated packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The plastic corrugated packaging market consists of sales of plastic bubble mailers, plastic reels and spools, plastic partitions, and floor protection sheets. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Plastic Corrugated Packaging Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on plastic corrugated packaging market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for plastic corrugated packaging ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The plastic corrugated packaging market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.