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Report
Global Corrugated Boxes Market Report and Forecast 2023-2028
Market Report I 2023-01-05 I 228 Pages I EMR Inc.
Global Corrugated Boxes Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global corrugated boxes market size attained a value of around USD 233.6 billion in 2022. Aided by the increasing demand from food and beverage industry, the market is projected to further grow at a CAGR of 5.0% between 2023 and 2028, to reach a value of USD 305.9 billion by 2028.
Corrugated boxes are a type of disposable carton with multiple layers of a cardboard-like material consisting of an inside liner, a medium liner, and an outside liner. They find their applications in several industries including food and beverage, relocation, office supply and stationery, textiles, e-commerce, industrial supply and logistics, healthcare, and electronic products. The durability, cost-effectiveness and protection provided by corrugated boxes have increased their use in the packaging and shipping of the products as well as storing products for both long-term and short-term.
Furthermore, corrugated boxes are in high demand due to their bio-based, biodegradable, and recyclable characteristics which makes them an important part of the circular economy. They are made of natural resources and wood and offer an adequate hygiene level that protects contents from damage and outside contamination. Corrugated boxes can be easily reused in as-is condition or can also be used to produce new corrugated boxes.
Major drivers of the global corrugated boxes market are its sustainability benefits, crush resistance along with its extensive use in the packaging of lightweight products such as cosmetics, fast-food, and electronics. Technological advancements such as the development of unique and new manufacturing and printing techniques is yet another major driver contributing to the growth of the market. New and smart packaging techniques are expected to increase the efficiency and reduce the overall cost of corrugated boxes.
Increasing urbanisation and rising population are also increasing the consumer demand for various products, helping in the growth of the overall market for corrugated boxes for packaging purposes. Corrugated boxes can be made without using any harmful chemicals and can also be used for promotional purposes. By utilising the outsides of the boxes for promotions, the appeal of the boxes corrugated boxes and their contents can be increased for buyers when on display in the supermarkets or other stores. Their surging demand from the e-commerce and other retail sectors are further fuelling the corrugated boxes market growth.
Market Segmentation
The market can be divided on the basis of material, end use, and region.
Market Breakup by Material
- Recycled Corrugates
- Virgin Corrugates
Market Breakup by End Use
- Food Products and Beverages
- Paper Products
- Electrical and Electronic Goods
- Personal Care and Household Goods
- Chemicals
- Glassware and Ceramics
- Textile Goods
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the corrugated boxes market companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- International Paper Company
- Nine Dragons Paper (Holdings) Limited
- WestRock Company
- Smurfit Kappa Group plc
- Rengo Co., Ltd.
- Others
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Corrugated Boxes Market Analysis
8.1 Key Industry Highlights
8.2 Global Corrugated Boxes Historical Market (2018-2022)
8.3 Global Corrugated Boxes Market Forecast (2023-2028)
8.4 Global Corrugated Boxes Market by Material
8.4.1 Recycled Corrugates
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Virgin Corrugates
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Corrugated Boxes Market by End Use
8.5.1 Food Products and Beverages
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Paper Products
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Electrical and Electronic Goods
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Personal Care and Household Goods
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Chemicals
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Glassware and Ceramics
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Textile Goods
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2018-2022)
8.5.7.3 Forecast Trend (2023-2028)
8.5.8 Others
8.6 Global Corrugated Boxes Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
12.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
12.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
13 Manufacturing Process
13.1 Detailed Process Flow
13.2 Operations Involved
13.3 Mass Balance and Material Requirements
14 Project Requirement and Cost Analysis
14.1 Land Requirements and Expenditures
14.2 Construction Requirements and Expenditures
14.3 Plant Machinery
14.4 Raw Material Requirements and Expenditures
14.5 Packaging
14.6 Transportation
14.7 Utilities
14.8 Manpower
14.9 Other Capital Investment
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins Across Various Levels of the Supply Chain
15.4 Taxation and Depreciation
15.5 Income Projections
15.6 Expenditure Projections
15.7 Financial Analysis
15.8 Profit Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players' Market Share
16.3 Company Profiles
16.3.1 International Paper Company
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Demographic Reach and Achievements
16.3.1.4 Financial Summary
16.3.1.5 Certifications
16.3.2 Nine Dragons Paper (Holdings) Limited
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Demographic Reach and Achievements
16.3.2.4 Financial Summary
16.3.2.5 Certifications
16.3.3 WestRock Company
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Demographic Reach and Achievements
16.3.3.4 Financial Summary
16.3.3.5 Certifications
16.3.4 Smurfit Kappa Group plc
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Demographic Reach and Achievements
16.3.4.4 Financial Summary
16.3.4.5 Certifications
16.3.5 Rengo Co., Ltd.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Demographic Reach and Achievements
16.3.5.4 Financial Summary
16.3.5.5 Certifications
16.3.6 Others
17 Industry Events and Developments
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