Press release
Global Corrugated Boxes Market 2023 Growth Analysis of all Top Key Players Like International Paper, Nine Dragons Paper, West Rock, Smurfit Kappa Group, and Lee & Man Group
The global corrugated boxes market is currently growing at a steady rate. Over to the years, corrugated boxes are now being increasingly across various sectors such as e-commerce, textiles, food and beverages, automotive, etc.
Get free sample report: https://www.imarcgroup.com/request?type=report&id=67&flag=B
Corrugated boxes, often confused with cardboard boxes, are made from three layers wherein two of them are lined on the top and bottom, while the third has a wavy surface of cardboard on to both the sides. These boxes are made up with corrugated boards that trap air amidst them, acting as a cushion for safeguarding the content stored inside. Corrugated boxes are durable, strong, light-weight, flexible, shock-proof, eco-friendly and economical in nature. Owing to these attributes, corrugated boxes are often used for shipping goods worldwide. A new research report by IMARC Group, titled “Corrugated Boxes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market reached a value of US$ 168.6 Billion in 2017. The report further anticipates the market to reach around US$ 204 Billion by 2023, at a projected CAGR of 3.2% over the forecast period.
Browse full report with complete TOC: https://www.imarcgroup.com/prefeasibility-report-corrugated-box-manufacturing-plant
Market Drivers/Constraints:
* Corrugated boxes currently occupy a large share in the packaging industry and are extensively used in the packaging of a number of consumer products such as soft drinks, medicines, food & non-food products, etc.
* The rising trend of online shopping, availing free or affordable shipping worldwide, convenient and faster delivery facilities and hassle-free return policies have facilitated the demand for corrugated boxes across the globe.
* Rapid urbanisation and increasing population have been the proactive factors for fuelling the global corrugated boxes market. Moreover, for expanding the consumer-base, manufacturers have incorporated product packaging in different sizes, shapes and colours.
* However, there are several factors that hamper the market growth. Corrugated boxes are not weather-proof; hence, they may not withstand hot temperature, rains or interaction with any kind of liquids.
Raw Material Insights:
1. Recycled Corrugates
2. Virgin Corrugates
Based on the material used, recycled corrugates exhibit a clear dominance in the market. Recycled corrugates is followed by virgin corrugates.
End-Use Insights:
1. Food Products and Beverages
2. Paper Products
3. Electrical and Electronic Goods
4. Personal and Household Care Goods
5. Chemicals
6. Glassware and Ceramics
7. Textile Goods
8. Others
The food products and beverage sector dominate the market, accounting for majority of the total market share. Other end-use sector includes electrical and electronic goods, personal and household care goods, glassware and ceramics, paper product, chemicals and textile goods.
Regional Insights:
1. Asia Pacific
2. Europe
3. North America
4. Latin America
5. Middle East and Africa
On a geographical front, North America enjoys a leading position in the global corrugated boxes market. Attributes such as light-weight and biodegradability have led to an increase in its demand. North America is followed by Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Competitive Landscape:
The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. There is an intense competition in the market which makes it difficult for small players to survive. Some of the leading players operating in the market are International Paper, Nine Dragons Paper, West Rock, Smurfit Kappa Group, and Lee & Man Group
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Get free sample report: https://www.imarcgroup.com/request?type=report&id=67&flag=B
Corrugated boxes, often confused with cardboard boxes, are made from three layers wherein two of them are lined on the top and bottom, while the third has a wavy surface of cardboard on to both the sides. These boxes are made up with corrugated boards that trap air amidst them, acting as a cushion for safeguarding the content stored inside. Corrugated boxes are durable, strong, light-weight, flexible, shock-proof, eco-friendly and economical in nature. Owing to these attributes, corrugated boxes are often used for shipping goods worldwide. A new research report by IMARC Group, titled “Corrugated Boxes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market reached a value of US$ 168.6 Billion in 2017. The report further anticipates the market to reach around US$ 204 Billion by 2023, at a projected CAGR of 3.2% over the forecast period.
Browse full report with complete TOC: https://www.imarcgroup.com/prefeasibility-report-corrugated-box-manufacturing-plant
Market Drivers/Constraints:
* Corrugated boxes currently occupy a large share in the packaging industry and are extensively used in the packaging of a number of consumer products such as soft drinks, medicines, food & non-food products, etc.
* The rising trend of online shopping, availing free or affordable shipping worldwide, convenient and faster delivery facilities and hassle-free return policies have facilitated the demand for corrugated boxes across the globe.
* Rapid urbanisation and increasing population have been the proactive factors for fuelling the global corrugated boxes market. Moreover, for expanding the consumer-base, manufacturers have incorporated product packaging in different sizes, shapes and colours.
* However, there are several factors that hamper the market growth. Corrugated boxes are not weather-proof; hence, they may not withstand hot temperature, rains or interaction with any kind of liquids.
Raw Material Insights:
1. Recycled Corrugates
2. Virgin Corrugates
Based on the material used, recycled corrugates exhibit a clear dominance in the market. Recycled corrugates is followed by virgin corrugates.
End-Use Insights:
1. Food Products and Beverages
2. Paper Products
3. Electrical and Electronic Goods
4. Personal and Household Care Goods
5. Chemicals
6. Glassware and Ceramics
7. Textile Goods
8. Others
The food products and beverage sector dominate the market, accounting for majority of the total market share. Other end-use sector includes electrical and electronic goods, personal and household care goods, glassware and ceramics, paper product, chemicals and textile goods.
Regional Insights:
1. Asia Pacific
2. Europe
3. North America
4. Latin America
5. Middle East and Africa
On a geographical front, North America enjoys a leading position in the global corrugated boxes market. Attributes such as light-weight and biodegradability have led to an increase in its demand. North America is followed by Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Competitive Landscape:
The market is highly fragmented with the presence of numerous small and large manufacturers who compete in terms of prices and quality. There is an intense competition in the market which makes it difficult for small players to survive. Some of the leading players operating in the market are International Paper, Nine Dragons Paper, West Rock, Smurfit Kappa Group, and Lee & Man Group
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
