Insights from upcoming market research:

In 2021, the market for Corrugated Packaging market Share was estimated to be worth USD 267.98 billion. By 2030, the market for corrugated packaging is expected to rise from USD 281.38 billion in 2022 to USD 415.73 billion, expanding at a compound annual growth rate (CAGR) of 5%. (2022 - 2030).

The corrugated packaging industry is seeing revenue growth as a result of growing environmental concerns and increased demand for corrugated boxes from various end-use industries for packaging.

Since corrugated packaging is robust and long-lasting, it safeguards food and beverage goods throughout long-distance transport and handling by various workers. Moreover, corrugated boxes can be altered to be "right-sized" for the goods. Customized branding is a great method to wow customers since it appears professional and suggests that a company is serious about its business. Also, businesses customise packaging, which is crucial for fostering customer loyalty and promoting repeat purchases.

Besides very economical and fully biodegradable, corrugated packaging may be recycled and used repeatedly. For those who care about the environment and want to do rid of single-use plastics, corrugated stands out as the ideal option.

The population is growing quickly, and consumers are eager to favour businesses that strive for sustainability. The food and beverage industry has embraced corrugated packaging options to boost future sales and revenue development.

Buy Now @

Corrugated packaging industries frequently employ the growing trends of Al and Machine Leaming (ML). The use of 3D printing in industrial settings is growing. Al might be able to see a packaging created by an algorithm that is perfect for a certain product.

Businesses may boost profitability by reducing labour costs and enhancing production. Al-enabled computers handle data more rapidly and effectively than humans do, and they are also more accurate.

Al-enabled computers also learn new things 20% faster than their human counterparts do. Al will help the packaging sector advance the Shift to sustainable practises by streamlining the supply chain and inventory management, enhancing the efficiency of distribution channels, and monitoring the movement of goods. Artificial intelligence is able to automate the production process and anticipate demand and consumption. By doing this, production waste is decreased. Al can also produce many packaging choices, which lowers complexity and resource needs.

Virtual reality will become 2 typical aspects of many firms' customer interactions and package design processes as immersive VR hardware like the Oculus Rift and HTC Vive becomes more affordable. Additionally, The European Federation of Corrugated Board Manufacturers (FEFCO) states that the Federation's duties include researching economic, financial, technical, and marketing issues relevant to the corrugated packaging industry, examining all factors that may have an impact on the sector, and enhancing and promoting the sector's reputation. The Federation also promotes corrugated boards as wonderful packaging materials. Its goal is to raise awareness of the inherent benefits of corrugated packaging, including its printability, sustainability, renewability, and ability to be recycled. Similarly, to provide member services and activities that can be carried out by an international organisation most efficiently, according to the International Corrugated Case Association's (ICCA) observations. The association members' work is supported and improved by the services, which also benefit the global corrugated packaging sector. The phrase Corrugated Recycles serves as both a factual declaration and a recycling advocacy tool. By including the mark on corrugated products, the final consumer and the corrugated customer are made aware of the material's inherent capacity to be recycled. The emblem does not always mean that a corrugated container is composed of recycled materials. It only says, "This container can and should be recycled."

Yet, there have been considerable technical developments to meet the need. Another element boosting the expansion of the corrugated packaging market's revenue is the numerous corrugated packaging factories that have been introduced.

Regional Insights for Corrugated Packaging

North America, Europe, Asia-Pacific, and the Rest of the World are the regions into which the study divides the market. In 2021, the market for corrugated packaging in the Asia-Pacific region was predicted to reach USD 153.226 billion and grow at a 6.1% CAGR. Asia Pacific's packaging industry is growing quickly. China has consistently ranked in the top 15 nations in terms of output of corrugated sheets, with India, South Korea, and Australia.

The adoption of electronic goods, home goods, and personal care products is boosting this region's revenue growth. These factors include the growing urban population, growing environmental consciousness, demand for sustainable and practical packaging, expanding e-commerce activities, and need for sustainable and convenient packaging.

Also included in the study are the United States, Canada, Germany, and the United Kingdom. South Korea, China, Japan, Australia, and other nations.

In 2021, Europe's market for corrugated packaging will have a modest revenue share. The corrugated packaging market in this area is expanding due to rising consumer demand for environmentally friendly packaging from numerous end-use industries, including the food and beverage, pharmaceutical, cosmetic, and automotive sectors.

Another significant element influencing the growth of the corrugated packaging market in Europe's revenue is the presence of prominent corporations as well as several startups working on product improvements and advances in this sector by combining improved technology. Moreover, the UK's corrugated packaging market grew the quickest in the European area, while Germany's corrugated packaging market had the biggest market share. Manufacturers have been urged by the UK to assume responsibility for choosing eco-friendly packaging options. Because to its strength, padding, protective, flexible, and recyclable qualities, corrugated boards have long been a preferred material for packing.

From 202 to 2030,2the North American Corrugated Packaging Market is anticipated to expand at a CAGR of 3.3%.

The market for corrugated packaging has seen revenue increase due to rising environmental consciousness. Important businesses are making efforts to achieve sustainable goals. Moreover, Canada has the greatest market share for corrugated packaging. To cut costs and improve the visual impression when unwrapping, corrugated boxes used for e-commerce are more likely to be printed with high-quality graphics and tailored to suit bundled contents. Also, to give more flexible and customizable solutions, corrugated board packaging producers work closely with online retailers, and the US corrugated packaging industry had the fastest growth in the entire of North America.

Get Free Sample Report @

Analysis of the Corrugated Packaging Market by Segment

Rigid Boxes, Self-Erecting Boxes, Telescope Boxes, Slotted Boxes, and other types of boxes are included in the type-based segmentation of the corrugated packaging market.

In 2021, Siotted Boxes owned the bulk of the corrugated packaging market share, accounting for over 60% of market sales. They are often constructed from a single piece of corrugated board that has been sewn, taped, or glued together. The blank, or tray, is fitted and scored to permit folding, and then the boxes are sent to the user flat. The user must square it up, put the item inside, and then secure the flaps to create a box. To give enough loading strength, the flute is positioned parallel to the depth. Due to its very efficient design, the slotted box produces extremely little waste during production.

It is perfect for delivering a range of goods, including books, glasses, and mugs. Single-Wall, Double-Wall, and Triple-Wall are the wall construction-based market segments for corrugated packaging. The single-wall category led the market in 2021 and is anticipated to expand at the fastest rate from 2022 to 2030. This is because lowering the package's weight decreases shipping costs. Hence, throughout the forecast timeframe. The CAGR for the sector is anticipated to be the highest. Single-Wall can be utilised inside of an outer packaging as an additional layer of security, a divider, a pad, or a barrier. These board designs enable simple printing and the application of different surface coatings.

Thus, the single-wall implant fishing wall structure for corrugated packaging has a beneficial effect on market expansion.

The market is divided into three categories based on material: liner board, medium, and others. Both in terms of value and volume, the liner board material segment dominated the market. At least 80% of the fibres in kraft liners are virgin kraft pulp fibres. In corrugated boxes, kraft liner is utilised as the outer and middle ply due to its great strength and resistance to moisture. The production of premium color-printed corrugated boxes for the food and beverage, personal care, and other sectors generally uses kraft liner board. Less than 80% of the fibres in recycled liner board, sometimes called a test liner, are made of virgin kraft pulp.

The outside and middle plies of corrugated board also employ it. Given that kraft liner contains more recycled fibre, it is stronger than this product, but not as strong. Compared to kraft liner, recycled liner board is less costly. Kraft paper scraps and discarded corrugated containers are two examples of recycled materials used to make recycled boards.

The corrugated packaging market has been divided into categories for food and beverage, electronics, pharmaceuticals, personal care, and other applications. In 2021, food and drink constituted the majority of the category share. These perishable goods have a short shelf life. Thus, there is a critical requirement to safeguard the product against bacterial degradation, pathogens, and outside disruptions.

Both brand owners and merchants strive to stay up with the competition in order to attract customers' attention at the point of sale. They are therefore emphasising branding, marketing, product and packaging innovation, and price. The significance of secondary packaging is rising as a result of increased spending on unique and high-quality printing. Pharmaceuticals is the third fastest-growing sector in the corrugated packaging market. The demand for corrugated packaging in this market has significantly increased due to factors including durability, adaptability, and biodegradability, as well as lower production and operating costs.

Browse Full Report Details @

Key Players:

The International Paper Company, West Rock Company, DS Smith PIc, Rengo Co. Ltd., Cascades Inc., Packaging Corporation of America, and Mondi Group Pic (South Africa) are the major participants (U.S.).