Overview
The global corrugated packaging market is projected to grow at a CAGR of 5.9% during the forecast period. As per the corrugated packaging market research report, the global market for corrugated packaging is projected to grow swiftly by US$250.9 billion by 2025. According to analysts, the expansion of the e-commerce sector as well as the rising preference for sustainable packaging will drive the market growth during the forecast period. The Corrugated Packaging Industry research report offers a comprehensive analysis of the global corrugated packaging market and its application, material, type, and wall construction segments. The increasing regulations along with a ban on corrugated boxes in certain regions are the elements that could influence the corrugated packaging market advancement throughout the forecast period. The corrugated packaging market research report by expert analysts is developed to assist organizations in the corrugated packaging market.
Market Segmentation
The global corrugated packaging market has been segmented based on application, material, type, and wall construction. On the basis of application, the market for corrugated packaging is segmented based on electronic goods, food beverages, personal care, pharmaceuticals, and others. Additionally, the market on the basis of material, is segmented into linerboard, medium, and others. The global market for corrugated packaging is also covered based on type segment which is further split into self-erecting boxes, slotted boxes, telescope boxes, rigid boxes, and others. On the basis of wall construction, the market for corrugated packaging is segmented based on single-wall, double-wall, and triple-wall.
Major elements such as unfavorable policies which led to shutdown of several companies around the world could obstruct the corrugated packaging market growth. However, according to the corrugated packaging market research report, the growth in online selling of food beverages along with growing sales on digital platforms will propel growth throughout the forecast period. The corrugated packaging market is set to register growth at a high CAGR owing to these key factors. The exploration of application, material, type, and wall construction segments along with regional markets has been given in the global corrugated packaging market research report. The research analysts studying the corrugated packaging market have put out market forecasts in the corrugated packaging market research report in order to support corrugated packaging market-based companies. The corrugated packaging market research report provides an extensive understanding of the corrugated packaging market based on the information and forecasts till 2025.
Regional Overview
North America, Europe, Asia Pacific and the rest of the world regional market for corrugated packaging are predominantly covered in the global corrugated packaging market research report. Country-level corrugated packaging markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level corrugated packaging markets are covered in the report. In Asia-Pacific (APAC) region, the country-level largest corrugated packaging companies markets covered are Japan, India, China, and others. The corrugated packaging market research report also explores the regional market for corrugated packaging present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The corrugated packaging market research report also covers regional markets from the rest of the world alongside corrugated packaging markets of Africa and the Middle East.
Competitive Landscape
Demand for FMCG products and growth in the food beverage and pharmaceutical industry are presumed to drive the corrugated packaging market growth worldwide. The global corrugated packaging market could be challenged by volatile raw material prices, nevertheless, organizations in the corrugated packaging market will carry the growth rate forward. The corrugated packaging market research report presents company profiles of major companies active in the corrugated packaging market globally. Furthermore, the global corrugated packaging market report offers an all-inclusive analysis of the market collected from the corrugated packaging market’s primary and secondary sources covering both decision makers and thought leaders. The corrugated packaging market research report highlights such key areas assisting businesses operating in the corrugated packaging market to build better growth strategies.
Industry News
SP Soluciones Agricolas, a Huelva-based firm, and Indesla, its affiliate, have joined together to resolve one of the key problems of berries' carton packaging. The solution incorporates a 100 percent biodegradable carton or paper support with an R-PET lid, plastic that has already been recycled and can be recycled. Solid Pack, SP Soluciones Agricolas cardboard and paper packaging division creates the support, while Indesla produces the R-PET lid.
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