Corrugated Boxes Market Size is Projected to Jump USD 215 Billion by 2026

The global market size is anticipated to around USD 215 billion by 2026, this market is anticipated to grow with 5.2% CAGR during the forecast time period. In Market, The regional segmentation includes current and projected demand in North America, Europe, Asia Pacific, Latin America and the Middle East and Africa.

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North America dominated the global corrugated boxes market in the year 2018. The presence of huge number of end industries, increased in preference for sustainable packaging solution, rise in per capita income, change in lifestyle of consumers, expanding international trade, growing urbanization are fueling the regional market growth. Moreover, the rapid growth of electronical industries along with increase in e-commerce industry during the past years expected to drive corrugated boxes market. Nowadays, electronics is at top in the selling category due to increase in internet and mobile penetration has accelerated the growth of the e-commerce industry which ultimately has propelled the demand of corrugated boxes.

In addition, recently West Rock has acquired Kapstone Paper and Packaging Corporation has accelerated the growth of corrugated boxes in US market. The Europe region is anticipated to exhibit a second largest share in corrugated boxes market. Additionally, many established manufacturers are investing huge amount of money in the research and development to improve corrugated boxes.An increase in online food delivery industry, growth in number of nuclear families, growing awareness related to eco-friendly packaging material, hectic schedules increasing demand for convenient packaging, increase in disposable income further accelerating the growth of corrugated boxes in the region throughout the forecast period.

Asia-Pacific is anticipated to project the highest CAGR during the forecast period. The presence of huge consumer base, growing in end use industries, government taking initiative to make consumer aware about eco-friendly packaging, making favorable environment to attract more of manufacturing and end use industries to establish their manufacturing plant in their countries, many established industries are investing huge money in developing countries because of potential growth in the regional market.

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Additionally, increase in household disposable income, shifting towards the online shopping which increasing the demand for corrugated boxes as online, growing GDP is fueling the growth of corrugated boxes in the coming years. Moreover, India and China are the fastest growing countries due increase in industrialization, urbanization, increase in demand of packaged products, increase in e-commerce industries which require product specific products packaging are propelling the growth of corrugated boxes in the regional market over the forecast period.

Recycled fiber has dominated the material type in the year 2018 and segment is anticipated to maintain its dominance throughout the forecast period. Most of the corrugated boxes are made from recycled fiber because it is becoming a standard in the packaging industry over the past few years and government also making restrict rules related to packaging material due to rise in pollution level across the global. Boxes manufacture from recycled fiber are different from virgin fiber which means it require unique packaging solutions. The fibers used to manufacture corrugated boxes can be used for multiple times, it can be reused over 5 times before it needs to be discarded which will curb the population in the world. An increase in recycled fiber due to increase in pollution level, its properties like lightweight, cost effective material, protect fragile product, save energy and water, increase in end industries like cosmetic, food & beverages, electronics, and FMCG items which require lightweight packaging are accelerating the growth of the segment over the forecast period.

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Food & beverages segment has dominated the corrugated boxes on the basis of end use and the segment held the largest market share in the year 2018. The major factors driving the growth of this segment are rising demand for ready to eat food items, hectic schedules encouraging consumers for convenient packaging, change in eating habits of consumers, rise in online food delivery industry are propelling the demand for corrugated boxes mainly in emerging market. This anticipated enhancing the dominance of food & beverages segment in the global market during the forecast period.

Some of the leading competitors are Smurfit Kappa Group, International Paper, Europac GroupPackaging Corporation of America, West Rock, Georgio-Pacific LLC, Archis Packaging (India) Pvt. Ltd., DS Smith, Nefab Group, Nine Dragons Paper and Mondi Group,

Market Segmentation

Market By Material Type

• VirginFiber
• Recycled Fiber

Market By End Use

• Food & Beverages
• Chemicals
• Textile
• Personal Care & Household
• Electricals & Electronics
• Ecommerce
• Others

Market By Geography

North America

• U.S.
• Canada

Europe

• U.K.
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa

Key Questions Answered in the Report

The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-

- What is the overall structure of the market?

- What was the historical value and what is the forecasted value of the market?

- What are the key product level trends in the market?

- What are the market level trends in the market?

- Which of the market players are leading and what are their key differential strategies to retain their stronghold?

- Which are the most lucrative regions in the market space?

Some of the key observations regarding corrugated boxes industry include:

• In June 2019, Smurfit Kappa, one of the leading producers of corrugated boxes, has designed an innovative e-commerce packaging for a Latin America egg provider through its esmart packaging, to expand its business across Latin America and to help emerging companies to propel business growth through innovative packaging concept.
• In June 2014, e-commerce industry like Amazon and Flipkart deliver large number of items to the consumer at their doorstep has increased the demand of corrugated boxes and they are looking forward to get regular supply from established manufactures.
• In January 2016, Borkar Group has acquired Suraksha Packer which manufacture corrugated boxes. This acquisition has helped the company to expand their business across India.

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TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Corrugated Boxes
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Corrugated Boxes Market By Material Type
1.2.2.1. Global Corrugated Boxes Market Revenue and Growth Rate Comparison By Material Type (2015-2026)
1.2.2.2. Global Corrugated Boxes Market Revenue Share By Material Type in 2018
1.2.2.3. Virgin Fiber
1.2.2.4. Recycled Fiber
1.2.3. Corrugated Boxes Market By End Use
1.2.3.1. Global Corrugated Boxes Market Revenue and Growth Rate Comparison By End Use (2015-2026)
1.2.3.2. Global Corrugated Boxes Market Revenue Share By End Use in 2018
1.2.3.3. Food & Beverages
1.2.3.4. Textile
1.2.3.5. Electricals & Electronics
1.2.3.6. Ecommerce
1.2.3.7. Personal Care & Household
1.2.3.8. Chemicals
1.2.3.9. Others
1.2.4. Corrugated Boxes Market by Geography
1.2.4.1. Global Corrugated Boxes Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Corrugated Boxes Market Revenue and Growth Rate(2015-2026)
1.2.4.3. Europe Corrugated Boxes Market Revenue and Growth Rate(2015-2026)
1.2.4.4. Asia-Pacific Corrugated Boxes Market Revenue and Growth Rate(2015-2026)
1.2.4.5. Latin America Corrugated Boxes Market Revenue and Growth Rate(2015-2026)
1.2.4.6. Middle East and Africa (MEA) Corrugated Boxes Market Revenue and Growth Rate(2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING WET FOOD ANALYSIS
3.1. Capacity and Commercial Production Date of Global Corrugated Boxes Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Corrugated Boxes Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Corrugated Boxes Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Corrugated Boxes Major Manufacturers in 2018

CHAPTER 4. CORRUGATED BOXES MARKET BY MATERIAL TYPE
4.1. Global Corrugated Boxes Revenue By Material Type
4.2. Recycled Fiber
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Virgin Fiber
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. CORRUGATED BOXES MARKET BY END USE
5.1. Global Corrugated Boxes Revenue By End Use
5.2. Food & Beverages
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Textile
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Electricals & Electronics
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Ecommerce
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Personal Care & Household
5.6.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Others
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA CORRUGATED BOXES MARKET BY COUNTRY
6.1. North America Corrugated Boxes Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Corrugated Boxes Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S.Corrugated Boxes Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE CORRUGATED BOXES MARKET BY COUNTRY
7.1. Europe Corrugated Boxes Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Corrugated Boxes Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC CORRUGATED BOXES MARKET BY COUNTRY
8.1. Asia-Pacific Corrugated Boxes Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Corrugated Boxes Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA CORRUGATED BOXES MARKET BY COUNTRY
9.1. Latin America Corrugated Boxes Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Corrugated Boxes Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST & AFRICA CORRUGATED BOXES MARKET BY COUNTRY
10.1. Middle East & Africa Corrugated Boxes Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East & Africa Corrugated Boxes Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By End Use, 2015 - 2026 ($Million)

CHAPTER 11. COMPANY PROFILE
11.1. Packaging Corporation of America
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. West Rock
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Georgio-Pacific LLC
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Archis Packaging (India) Pvt. Ltd.
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. DS Smith
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Nefab Group
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. Mondi Group
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Smurfit Kappa Group
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Nine Dragons Paper
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies
11.10. International Paper
11.10.1. Company Snapshot
11.10.2. Overview
11.10.3. Financial Overview
11.10.4. Product Portfolio
11.10.5. Key Developments
11.10.6. Strategies
11.11. Others
11.11.1. Company Snapshot
11.11.2. Overview
11.11.3. Financial Overview
11.11.4. Product Portfolio
11.11.5. Key Developments
11.11.6. Strategies

CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope

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