Corrugated Packaging Market
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<strong>Corrugated</strong> <strong>Packaging</strong> <strong>Market</strong> Research<br />
Report By Forecast To 2023<br />
Industry Survey, Growth, Competitive Landscape<br />
and Forecasts to 2023<br />
PREPARED BY<br />
<strong>Market</strong> Research Future<br />
(Part of Wantstats Research & Media Pvt. Ltd.)
<strong>Corrugated</strong> <strong>Packaging</strong> <strong>Market</strong> Forecast To 2023<br />
Global <strong>Corrugated</strong> <strong>Packaging</strong> <strong>Market</strong> Information - by type (Bliss / Rigid Boxes, Self-Erecting Boxes,<br />
Telescope boxes, Slotted boxes and others), by Wall Construction (Single-wall, Double-wall and Triplewall),<br />
by application (Food & beverages, Electronic goods, Personal care, Pharmaceuticals & healthcare<br />
and Others) and by Region - Forecast to 2023<br />
<strong>Market</strong> Synopsis of Global <strong>Corrugated</strong> <strong>Packaging</strong> <strong>Market</strong><br />
The global corrugated packaging market has experienced a humongous growth over the past years and as per the<br />
estimation the global corrugated packaging market will grow more on a rapid pace during the forecast period. The rising<br />
population and growing per capita income are the major growth driver for this market. Along with this the growing<br />
applications segment such as food & beverages, personal care, Pharmaceuticals & healthcare, consumer goods, electronic<br />
goods have contributed a major role in the overall market growth. <strong>Corrugated</strong> <strong>Packaging</strong> is one of the most preferred<br />
packaging for small, medium and large sized products which in turn has increased the demand across the globe. Growing<br />
ecommerce industry has become on the major trend in the global corrugated packaging market. Banning of plastic<br />
packaging has also become the major reason for the rising demand of corrugated packaging market.<br />
Global corrugated packaging has very broad market in coming recent years. MRFR analysts has predicted that food &<br />
beverages and consumer goods industry are about to grow at a rapid pace, moreover, the speedy rising ecommerce<br />
business has also been a growth momentum which means more demand for these industries and in turn for corrugated<br />
packaging.<br />
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<strong>Corrugated</strong> <strong>Packaging</strong> <strong>Market</strong> Forecast To 2023<br />
Global <strong>Corrugated</strong> <strong>Packaging</strong> <strong>Market</strong> Share (2016), By Region<br />
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<strong>Corrugated</strong> <strong>Packaging</strong> <strong>Market</strong> Forecast To 2023<br />
Key Findings<br />
• North America dominate the global corrugated packaging market with a share of 33.4% in 2016, in terms of value. It is<br />
expected to grow at a CAGR of 5.69% during the forecast period.<br />
• Asia-Pacific is the fastest growing region with a CAGR of 6.39% owing to the emerging economies coupled with lucrative<br />
opportunities in packaging industry and growing ecommerce industry.<br />
• Rigid boxes segment expected to witness growth in global corrugated packaging market with share of 29.50% in 2016, in<br />
terms of value. It is expected to grow at 6.04% CAGR during the forecast period.<br />
Key <strong>Market</strong> Players<br />
The key players in global corrugated packaging market report included are Mondi Group (U.S.), Smurfit Kappa Group (Ireland)<br />
International Paper Company (Tennessee), Orora <strong>Packaging</strong> Australia Pty Ltd (Australia), WestRock (U.S.), Georgia-Pacific LLC<br />
(Atlanta), Archis <strong>Packaging</strong> (India) Pvt. Ltd., Europac Group (U.K.), KapStone Paper and <strong>Packaging</strong> Corporation (U.S.) and Nefab<br />
Group (Sweden).<br />
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