Corrugated Board Packaging Market Size and Forecast 2021-2027 | COVID 19 Impact And Recovery


Posted August 9, 2021 by Resham

the market is expected to exhibit a CAGR of 4.9% for the forecast period of 2021-202

 
Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “Corrugated Board Packaging Market by By Product Type (Single Faced, Single Wall, Twin wall and Triple Wall), Box Style (Folding Box, Slotted Box, Telescopic Box and Rigid Box), Application (Food and Beverages, Electronic Goods, Pharmaceuticals, Beauty and Personal Care, Automobile, Health and Hygiene and Consumer Goods)Analysis and Forecast, 2021 – 2027”. In this report, Researchers have analysed Strength, Weakness, opportunities and threats in the market and provides the unbiased picture of the market with the informative knowledge. The Corrugated Board Packaging Market report additionally states import/trade utilization, free market activity figures, cost, value, volume and gross edges.

Standing at a current market value of USD 278.4 billion in 2020, the corrugated board packaging market is expected to show a rise in the market value of USD 370.9 billion by the year 2028. Also, the market is expected to exhibit a CAGR of 4.9% for the forecast period of 2021-2028. Corrugated boards are used almost in every industry which is one of the major factors for this boom in the market.

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Few of the leading organizations’ names are listed here- Ariba & Company, Cascades inc., DS Smith, Koch Industries, Inc., International Paper., Klabin S.A., Klingele Papierwerke GmbH & Co. KG, Mondi, Nine Dragons Worldwide (China) Investment Group Co., NIPPON PAPER INDUSTRIES CO., LTD., Oji Holdings Corporation., Orora Packaging Australia Pty Ltd, Packaging Corporation of America, Rengo Co., Ltd., Sealed Air, Smurfit Kappa, Waterman (Box Makers) Ltd., Bharath Paper Conversions., Fine Packaging Company and Amcor plc among others.

Succinct Description of the Market:
A corrugated board is a packaging material that is used in transportation of goods that are heavy and fragile in nature. A corrugated board is a strong material that is made up of fluted corrugated sheets and one or two flat linerboards. This kind of packaging material is especially used in the transportation of goods over a long distance. As per the flute profile, the corrugated board market can be bifurcated into A-flute, B-flute, C-flute, D-flute, E-flute and F-flute. The corrugated board in a sum has a wide range of applications in all sorts of industries.

The biggest driver of this market is the eco-friendly characteristic of the product. The corrugated boards are generally made up of recycled material and this in turn serves the environment and is also cost efficient. Rapid industrialization combined with integration and interconnection between the countries has also led to the increase in demand for corrugated boards that serve the purpose of transportation of goods. Another advantage of using corrugated boards is its lightweight nature but also pressure resisting capacity. Easy handling and convenience properties of the same are the opportunities that players are taking advantage of.

Cold and humid environment have an impact on the strength and pressure holding capacity of the corrugated boxes. This in turn can act as a restraint in the growth of the demand for corrugated boxes. Many a times, the corrugated boards are not suitable for packaging of materials that are perishable in nature. This is because such items require packaging material that is durable enough to protect items which corrugated boards are not capable of. This is why corrugated boards are not used to package drinks and relative items. Because of this, the market may also see a slowdown.

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Crucial Market Segment details-:
By Product Type (Single Faced, Single Wall, Twin wall and Triple Wall),
Box Style (Folding Box, Slotted Box, Telescopic Box and Rigid Box),
Application (Food and Beverages, Electronic Goods, Pharmaceuticals, Beauty and Personal Care, Automobile, Health and Hygiene and Consumer Goods),
End-Use (Food and Beverage Industry, Pharmaceutical Industry, Electrical Industry and Others)

Methodologies utilized to evaluate the market-:
Research analysts and experts have utilized excellent market research tools such as SWOT analysis, Porter’s Five Forces analysis, PEST analysis, and Primary and Secondary research analysis to define, describe and evaluate the competitive landscape of the CORRUGATED BOARD PACKAGING market.

Research strategies and tools used-:
This CORRUGATED BOARD PACKAGING market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter’s Five Forces Analysis and PEST analysis.

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Table of Contents
1 Corrugated Board Packaging Market Overview
2 Manufacturers Profiles
3 Global Corrugated Board Packaging Market Competitions, by Players
3.1 Global Corrugated Board Packaging Revenue and Share by Players
3.2 Market Concentration Rate
3.2.1 Top 5 Corrugated Board Packaging Players Market Share
3.2.2 Top 10 Corrugated Board Packaging Players Market Share
3.3 Market Competition Trend
4 Global Corrugated Board Packaging Market Size by Regions
5 North America Corrugated Board Packaging Revenue by Countries
6 Europe Corrugated Board Packaging Revenue by Countries
7 Asia-Pacific Corrugated Board Packaging Revenue by Countries
8 South America Corrugated Board Packaging Revenue by Countries
9 Middle East and Africa Revenue Corrugated Board Packaging by Countries
10 Global Corrugated Board Packaging Market Segment by Type
11 Global Corrugated Board Packaging Market Segment by Application
12 Global Corrugated Board Packaging Market Size Forecast (2019-2026)

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Conclusion:
This Corrugated Board Packaging research report gives the outcome that matters most to the client. The research carried out in this report suggests what is going to be beneficial and how the report will help the business to grow.

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Last Updated August 9, 2021