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Corrugated Packaging Market Size
- Report ID: GMI5246
- Published Date: Nov 2022
- Report Format: PDF
Corrugated Packaging Market Size
Corrugated Packaging Market size was valued at USD 70 billion in 2022 and is poised to depict a 4% CAGR through 2023-2032, on account of the burgeoning e-commerce sales worldwide.
Corrugated fiberboard has become a preferred packaging choice, given its ability to deliver much-needed protection for the toughest handling of products. Due to durability, versatility, and stability, this packaging material is utilized across the retail sector and gaining more traction as e-commerce sales spike worldwide.
The consumption of electronics and appliances has also increased in developed nations including the U.S. over the past years. These appliances are highly sensitive in nature and require protection from shocks and external damage. Such requirements will provide lucrative opportunities for corrugated packaging providers. Despite the favorable growth trajectory, the availability of alternatives such as bioplastics may create roadblocks to industry development to some extent over the forecast period.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Corrugated Packaging Market Size in 2022: | 235 Billion (USD) |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 4% |
| 2032 Value Projection: | 333 Billion (USD) |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 275 |
| Tables, Charts & Figures: | 446 |
| Segments covered: | Product, Printing Technique, End-Use Industry, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Corrugated Packaging Market Scope
