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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 Packaging Market

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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.

 

Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

The corrugated packaging industry size exceeded USD 70 billion in 2022 and is set to depict over 4% CAGR through 2023-2032, given the burgeoning e-commerce sales.

The corrugated packaging market value from the corrugated box product segment will reach over USD 87 billion by 2032, due to the rise in clean beauty product sales.

APAC corrugated packaging share is poised to register more than 4% CAGR through 2023-2032, due to the inclination of the working population toward fast foods and packaged products.

Mondi Group, International Paper, Sultana Packaging, DS Smith, Packaging Corporation of America (PCA), SmCascades Inc., Georgia-Pacific LLC, and Montebello Container Company LLC are some of the key players operating in the corrugated packaging industry.

Corrugated Packaging Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 446
  • Countries covered: 20
  • Pages: 275
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