According to Goldstein Research, global corrugated packaging market is expected toreach USD 332.49 billion in 2024 from USD 239.24 billion in 2016, growing at a CAGR of 4.20% over the forecast period 2016-2024.Growing urbanization, expanding international trade business and growing e-commerce industry is encouraging the demand of innovative corrugated packaging. Global corrugated packaging market segmentation has been carried out on the basis of packaging type and based on end-user application. Food & beverage industry dominated the end-user application segment accounted for 38% market share of total corrugated packaging market in 2016 due to increasing “on the go” lifestyle and growing online retailing. Global corrugated packaging market is dominated by North America followed by Europe. There are around 1,300 manufacturing plants for corrugated production in the United States and Canada and over 96% items are shipped in corrugated boxes in the US.
Market Segmentation
On the basis of our in-depth analysis, Global Corrugated Packaging Market can be segmented as follows:

• Based on Packaging Type
o Slotted boxes
o Telescope boxes
o Folder boxes
o Self-Erecting Boxes / Auto-Bottom Boxes
o Bliss / Rigid Boxes
o Others (Mailing Boxes, Bin Boxes, Slide Boxes)

• Based on End-User
o Food & Beverages
o Electronic Goods
o Personal and Home Care Goods
o Glass Ware & Ceramics
o Healthcare & Pharmaceuticals
o Others (Textile, Chemical, Paper products)

• By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Corrugated Packaging Market Outlook 2024”contains detailed overview of the global corrugated packaging market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by packaging type and by end user application.
Further, for the in-depth analysis, Global Corrugated Packaging Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asInternational Paper Co., Nine Dragons Paper Holdings Limited, RockTenn Company, Smurfit Kappa, Pratt Industries, Lee & Man Paper Manufacturing Limited, Georgia-Pacific LLC, Oji Fibre Solutions, Mondi plc, DS Smith, US Corrugated Inc., Packaging Corporation of America (PCA), etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global corrugated packaging market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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