Corrugated Box Packaging Market Definition
Corrugated box is made from the combination of two sheets of paper called liners, which are glued to a corrugated inner medium called fluting. These three layers of paper are assembled in a way that gives overall structure a better strength. These boxes are designed to match the processing and end-use requirements.Corrugated packaging products combine cushioning with structural rigidity, providing excellent protection to fragile or heavy contents from damage. Their lightweight and clean nature help lower shipping costs. The high-impact graphics possible on corrugated packaging products help enable improved brand awareness, thus helping improved sales. Moreover, corrugated packaging products are made from recycled card board boxes and other waste products from the paper industry. The reprocessing and recycling percentage of corrugated packaging products is also high, making them an environment-friendly packaging option.
The market study is broken down by Type (Single Corrugated, Double Corrugated and Triple Corrugated), by Application (Food & Beverages, Electrical & Electronics, Home Care Products, Personal Care Products, Ecommerce, Transportation & Logistics, Healthcare and Sectors) and major geographies with country level splits.
Amcor, International Paper Company, Smurfit Kappa Group PLC, MeadWestvaco, Sonoco products, Oji Holdings Corporation, Mondi Limited, DS Smith PLC, TGI Packaging and US Corrugated are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Corrugated Box Packaging market by Type, Application and Region.
On the basis of geography, the market of Corrugated Box Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Box Type, the sub-segment i.e. Folding Box will boost the Corrugated Box Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 27th June 2019, Smurfit Kappa Group, one of the leading manufacturers of corrugated packaging products, designed an innovative E-commerce packaging for a Latin American online egg seller through eSmart service that ensures minimum to no damaging of the eggs, in order to expand its business across Latin America and to help emerging companies drive business growth through innovative packaging.
- Recycling of Corrugated Box Packaging Materials
- Increasing Preference for Economical, Eco-friendly, and Lightweight Packaging from End-user Industry such as Electronics, Automotive, and Others
- High Growth of E-commence Sector
- Rising Demand From Various Industry from Developing Countries
- Growth in the Processed Food Industry
- Low Strength and Poor Barrier Properties
- Regulations in the Corrugated Box Industry
- Increasing Raw Material Price
Key Target AudienceRaw Material Suppliers, End Users, Packaging Manufacturers, Traders & Distributors, Regulatory Bodies and Market Research and Consulting Firms
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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