The augmented purchase of consumer electronics and other large items necessitate the use of corrugated boxes greatly. Reports that explore the packaging and transport industry have been presented by Market Research Future, which produces reports on industry verticals that appraise the market expansion and prospects. Earnings valued at USD 87.78 billion are expected to be created with a 4.15 % CAGR by 2025.

The growth of the market is primarily influenced by the fast-paced growth in the electronic industry, rising expansion of the ecommerce sector, and the prevailing demand for product safety.

Key Players

Smurfit Kappa Group

International Paper

Mondi Group

Orora Packaging Australia Pty Ltd

Archis Packaging (India) Pvt. Ltd

DS Smith

Nefab Group

WestRock

Georgia-Pacific LLC

Europac Group

Packaging Corporation of America

Regional Analysis

The global Corrugated Market Trends is regionally distributed among the following major regions: Asia Pacific, North America, Europe, and the Rest of the World (RoW).

The Asia Pacific region leads the Corrugated Market Trends standings and is expected to carry on with its dominance over the forecast period. A number of key factors like the fast-paced economic development, strong and favorable support from the government, availability of raw materials, and cheap labor pool is pushing the demand for the safe packaging manufacturing sector herein. Additionally, the growth of the regional market is aided by the growth of the packaging industry in countries like Vietnam, India, Indonesia, Cambodia, Bangladesh, and Thailand. Both India and China stand out as the major contributors of the regional Corrugated Market Trends. China is especially projected to stand out with the largest market share over the forecast period between 2016 and 2021. These countries are driven by their growing economical state, the increasing population base, and the rising disposable income of people. The growth of these countries is accelerating the overall growth of the Corrugated Market Trends in the Asia Pacific region.

Segmental Analysis

The global Corrugated Market Trends segmentation is done on the basis of the following components: type, application, and wall.

By type, the market includes self-erecting boxes, rigid boxes, slotted boxes, telescope boxes, and others.

By wall, the market segments into triple wall, double wall, and single wall.

By application, the market comprises consumer goods, food & beverages, healthcare, personal care, ecommerce, and others. Among these segments, the food & beverages market holds the highest growth potential and is expected to lead this market category during the forecast period.

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