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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Corrugated Boxes Market Analysis by Region
Companies in Europe are setting ambitious sustainability targets, due to which they prefer corrugated boxes made from resources that are recyclable in closed-loop systems. In food and beverage applications, innovative corrugated boxes as an alternative to plastic packaging are increasingly being adopted to boost the appeal of end products among consumers. The European corrugated boxes market thus benefits from the growing trend of sustainability and stringent environmental regulations.
Meanwhile, Asia is a significant vegetable and fruit producer in the world owing to the presence of countries such as China and India that are known for their agricultural market. The agricultural segment has adopted recyclable moisture-proof corrugated boxes that suppress the evaporation of water from fruits and vegetables to retain their freshness.
The textile manufacturing segment is a crucial component of the MEA’s economy, with countries such as Jordan, the UAE, Algeria, Morocco, Tunisia, and Egypt constantly developing the sector to become global producers of clothes and fabrics. The growing textile segment in the region is a significant consumer of corrugated box packaging utilised to transport yarns to weavers and finished cloth to the end-users, thereby aiding the corrugated boxes market expansion.
Corrugated Boxes Market Report Snapshots
Corrugated Boxes Market Trends
Corrugated Boxes Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of USD 245.28 billion in 2023.
The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.7%.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 371.82 billion by 2032.
The different materials used for corrugated boxes include recycled corrugates and virgin corrugates.
The key regional markets for corrugated boxes are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses include food products and beverages, personal care and household goods, electrical and electronic goods, paper products, textile goods, glassware and ceramics, chemicals, and others.
The factors driving the market include increasing e-commerce purchases, rising technological improvements, and a growing inclination towards sustainable packaging.
The key players in the market include International Paper Company, Nine Dragons Paper (Holdings) Limited, Smurfit Kappa Group plc, Westrock Company, and Rengo Co., Ltd, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124