The Reports and Insights, a leading market research company, has recently releases report titled “Corrugated Boards Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Corrugated Boards Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Corrugated Boards Market?
The global corrugated boards market size reached US$ 134.7 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 243.5 billion in 2032, exhibiting a growth rate (CAGR) of 6.8% during 2024-2032.
What are Corrugated Boards?
Corrugated board, also known as cardboard, is a packaging material composed of a fluted corrugated sheet sandwiched between one or two flat linerboards. Its structure offers strength, rigidity, and cushioning, making it ideal for protecting goods during transportation and storage. Due to its lightweight, recyclable, and cost-effective nature, corrugated board is extensively utilized for packaging boxes, displays, and protective packaging solutions.
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What are the growth prospects and trends in the Corrugated Boards industry?
The corrugated board market growth is driven by various factors. The corrugated board market is on a steady growth trajectory, propelled by rising demand for environmentally sustainable packaging options. Its widespread use across industries like e-commerce, food and beverage, electronics, and consumer goods is attributed to its adaptability, strength, and eco-friendly characteristics. Furthermore, advancements in printing and design technologies are driving market expansion, enabling customization and branding possibilities. With the ongoing global expansion of e-commerce, the corrugated board market is poised for sustained growth in the foreseeable future. Hence, all these factors contribute to corrugated board market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Material:
- Kraft Paper
- Recycled Paper
- Others
By Flute Type:
- A-Flute
- B-Flute
- C-Flute
- E-Flute
- F-Flute
By Board Style:
- Single Face
- Single Wall
- Double Wall
- Triple Wall
By End-Use Industry:
- Food & Beverage
- E-commerce & Logistics
- Electrical & Electronics
- Automotive
- Furniture
- Pharmaceuticals
- Others
Market Segmentation By Region:
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Argentina
Middle East & Africa
- Saudi Arabia
- South Africa
- United Arab Emirates
- Israel
- Egypt
Who are the key players operating in the industry?
The report covers the major market players including:
- International Paper Company
- WestRock Company
- Smurfit Kappa Group
- DS Smith Plc
- Packaging Corporation of America
- Mondi Group
- Georgia-Pacific LLC
- Nine Dragons Paper (Holdings) Limited
- Oji Holdings Corporation
- Rengo Co., Ltd.
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