PUBLISHER: Value Market Research | PRODUCT CODE: 1542549
PUBLISHER: Value Market Research | PRODUCT CODE: 1542549
The global demand for Corrugated Board Market is presumed to reach the market size of nearly USD 288.34 Billion by 2032 from USD 153.45 Billion in 2023 with a CAGR of 7.26% under the study period 2024-2032.
Corrugated board refers to a material comprised of a fluted corrugated sheet and one or more flat linerboards. Corrugated boards are manufactured on corrugators or flute lamination machines, and they are widely used in the making of cardboard boxes. Corrugated board packaging is a cost-effective and versatile method especially employed to protect, transport, and preserve various products. The interesting attributes of the corrugated board include biodegradability, lightweight, and recyclability. The corrugated board is also used as a mobile billboard and can take multiple forms other than the box. In addition, the corrugated board is suitably employed in various industries, like electrical and electronics, consumer durables, chemicals, personal care, and home products, forestry, agriculture, fishing, paper, chemicals, rubber, and plastic products.
The increasing demand for greener packaging solutions and packaging requirements of e-commerce platforms are enhancing the corrugated board market. Compared to plastic packaging, the corrugated boards obtained from pulp & paper are highly recyclable and thus make it a versatile option for various industries. The rising trend of online retailing is boosting the growth of the market with the increasing requirement for e-commerce packaging. Additionally, the increase in the demand for home care, automotive parts, beauty & personal care products, and electronic parts globally is projected to increase the demand for corrugated boards, thereby enhancing the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Corrugated Board. The growth and trends of Corrugated Board industry provide a holistic approach to this study.
This section of the Corrugated Board market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Corrugated Board market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Corrugated Board market include International Paper, Georgia-Pacific, WestRock Company, Packaging Corporation Of America, Stora Enso, Oji Holdings Corporation, Smurfit Kappa, Port Townsend Paper Company, Mondi, DS Smith. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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