Global Corrugated Packaging Market Analysis 2021, Size, Top Players with Share, Total Revenues, Product Scope, Business Development and Opportunities till 2030

In a recently published report, Global Corrugated Packaging Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Corrugated Packaging Market products.

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It is also anticipated to grow on account of the growing demand for chemicals from the end users, backed by the increasing consumption of chemicals across different industries and the rising need for advanced chemicals. In India, the production of major chemicals and petrochemicals during the period 2020-2021 was close to 12000 thousand MT. Additionally, between the period 2015-16 and 2019-20, the production of the chemicals and petrochemicals in the nation grew at a CAGR of close to 6%.

Global Corrugated Packaging Market valued approximately USD xxx billion in 2017 is anticipated to grow with a healthy growth rate of more than xxx% over the forecast period 2018-2025. The Corrugated Packaging is developing and expanding at a significant pace. The corrugated Boxes are boxes where the wavy layer of cardboard popularly known as fluting that is sandwiched between two thin outer layers. The Corrugated boxes are present in many sizes and shapes which are extensively utilized in the packaging of various goods which includes beverages, cosmetics, foods, pharmaceuticals, hazardous chemicals and other materials. These corrugated boxes are considered as preferred means of packaging as they consist features such as light-weightiness, high durability, high strength, appealing aesthetic value, recyclability and cost effectiveness. The corrugated boxes are precisely used for shipping of goods on the global scenario. The Corrugated boxes market is primarily driven owing to rapid industrialization, specifically in developing countries which includes China, India and Brazil & is anticipated to enhance trade activities in the region. Moreover, the growth of the automotive and electronics industry which needs specific materialistic boxes and corrugated boxes are now being utilized in these sectors as they provide protection to the various delicate parts of these equipment’s which is further augmenting the growth and adoption of corrugated packaging market considering the global scenario. Moreover, escalating price of the corrugated boxes is anticipated to be another pivotal factor hampering the growth of the corrugated boxes market over the forthcoming years. Furthermore, surging concept for corrugated boxes as a point-of-sale display is projected to create opportunities for the utility of the corrugated boxes market across the globe.

The regional analysis of Global Corrugated Packaging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to be the dominating region over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

 Single Wall Board
 Single Face Board
 Double Wall Board
 Triple Wall Board
By Packaging Type:

 Box
 Crates
 Trays
 Octabin
 Pallet
 Others

By End User:

 Food & Beverage
 Electrical & Electronics
 Home Care Products
 Personal care Products
 E-Commerce
 Transportation & Logistics
 Healthcare
 Others

By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

The leading market players mainly include-
 Rengo Co Ltd
 Saica Group
 OJI Holdings Corporation
 Packaging Corporation of America
 DS Smith Packaging Limited
 Mondi Group
 Georgia Pacific LLC
 Westrock Company
 Pratt Industries Inc
 Menasha Corporation
Target Audience of the Global Corrugated Packaging Market in Market Study:

 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors

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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  •  Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

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