Corrugated Board Packaging Market Size, Share, Global Demand, Trend, News, Business Growth, Top Key Players Update, Business Statistics and Research Methodology by Forecast to 2022-2027

(The Express Wire via Comtex)

Global Corrugated Board Packaging MarketInsight report presents a point by point analysis of the key trends, opportunities, challenges, and growth drivers of the market. Corrugated Board Packaging Market research report states Scenario by Region/Country. Corrugated Board Packaging market is expected to develop at a very crucial CAGR in the destiny duration because the scope and its applications are growing spectacularly worldwide. Corrugated Board Packaging Market sort data by Segment by Type, Application and Marketing Channel. Corrugated Board Packaging Market report states Market investment scenario by market share, market growth (value and volume).

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List Of TOP KEY PLAYERS in Corrugated Board Packaging Market Report are:-

● Klingele Papierwerke GmbH and Co. KG
● Mondi Group
● Smurfit Kappa Group
● DS Smith PLC
● Klabin SA
● International Paper Company
● Nippon Paper Industries Ltd.
● Georgia
● Pacific LLC
● Rengo Co. Ltd.
● Amcor Limited
● Sealed Air Corporation
● Cascades Inc.
● Europac Group

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

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About Corrugated Board Packaging Market:

The Corrugated Board Packaging Market was valued at USD 241.13 billion in 2017, and is expected to reach USD 310.61 billion by 2023, recording a CAGR of 4.31%, during the forecast period of 2018-2023. The market has been segmented by end-user industry (processed food, fresh food and produce, beverage) and region.

Corrugated board packaging is a high-performance packaging material designed to pack, protect, and promote products. The rising inclination of consumers toward lightweight, convenient product packaging has compelled the packaging industry to offer corrugated board packaging solutions with an aim to tap the organized retail sector and meet the growing customers’ demands. As corrugated board is bio-based, biodegradable, and recyclable, the demand for these boards is expected to register a substantial growth rate, over the forecast period.

Packaging box manufacturers, such as Mondi, are taking measures to reduce the weight of the packaging provided, and adopting corrugated boxes. The company launched ProVantage, a high-fiber container board made from recycled fiber, and offers lightweight and high packaging strength. Leading retailers, such as Walmart, have also outlined aggressive sustainable packaging goals at the World Economic Forum, to work toward using 100% reusable or compostable packaging, by 2025 or earlier. These initiatives are projected to offer ample opportunities for the growth of the corrugated board packaging market, over the forecast period. However, issues related to volatile raw material prices are estimated to challenge the growth of the market studied.

Processed Food Sector Expected to Fuel the Market’s Growth

Changing consumer dynamics regarding environmental concerns positively impact the demand for the corrugated board packaging in the global market. Owing to rapid urbanization and the adoption of new lifestyle trends and food habits, the demand for processed foods is increasing, which, in turn, is increasing the need to provide high-quality foods to customers. As corrugated board packaging keeps moisture away from products and has the ability to withstand long shipping times, this packaging is increasingly being adopted by companies, to offer better outcomes to customers.

Further, a 2016 study by the University of Bologna indicated that corrugated board keeps food fresh up to three days longer, by reducing contamination, thus driving the adoption of corrugated board for packaging process. Moreover, FEFCO/ESBO International Good Manufacturing Practice’ (GMP) Standard has also confirmed that corrugated board products satisfy all requirements of the food industry, in terms of quality, safety, and hygiene.

North America Expected to Account for a Substantial Market Share

North America’s robust financial position enables the region to invest heavily in advanced solutions and technologies. These advantages have provided the regional organizations a competitive edge, in the market. Moreover, the region enjoys the presence of several major corrugated board packaging vendors, such as International Paper Company (United States), Georgia-Pacific LLC (United States) and Sealed Air Corporation (United States), among others.

According to a report by Asia Pulp and Paper’s (APP) ‘2017 Paper and Packaging Consumer Trends’, about 51% of North American consumers consider packaging waste to be a critical environmental issue. Subsequently, the regional companies are entering into strategic mergers and acquisitions, to gain a competitive edge by providing eco-friendly packaging solutions to customers. Georgia-Pacific LLC acquired PAX Corrugated Products, to expand its corrugated packaging business.

Moreover, as the North American e-commerce sector is projected to record a revenue of about USD 513 billion, across all product categories, by 2021, the demand for corrugated board packaging is anticipated to rise, over the forecast period.

Key Developments in the Market

• Feb 2018: Rengo Co. Ltd and SCG Packaging Public Company acquired a 25% stake of the corrugated packaging subsidiaries of Thai Containers Group. This acquisition is an important strategic focus for the overseas operations of Rengo Group, as a general packaging industry that positions foreign operations as one of its core businesses.

• Aug 2017: Cascades Inc. invested USD 80 million on the construction of a new containerboard packaging plant in New Jersey, the United States. This new plant is poised to manufacture corrugated packaging products, and the total annual production capacity of this plant would be 2.4 billion ft2. The plant would commence its operations during the second quarter of 2018.

Reasons to Purchase this Report

• Understand the impact of growth of corrugated board packaging, on the market studied

• An analysis of various perspectives of the market, with the help of Porter’s five forces analysis

• The segments that are expected to dominate the market studied

• Regional analysis of the market studied, during the forecast period

• The latest developments, market shares, and strategies employed by the major market players and key innovators

• 3 months analyst support along with the Market Estimate sheet (in Excel)

Customization of the Report

• This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.

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Corrugated Board Packaging market report explores the international and Chinese major Corrugated Board Packaging players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2015-2022 Corrugated Board Packaging market shares for each company.

After the basic information, the report sheds light on the production. Production plants, their capacities, global production, and revenue are studied. Also, the Corrugated Board Packaging Sales growth in various regions and RandD status are also covered.

Global Corrugated Board Packaging Market 2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Market Trend

● Growing research activities coupled with new product launches.

Market Driver

● High Opportunity of Corrugated Board Packaging .

Market Challenge

● Complications associated with Corrugated Board Packaging procedures.

The report provides key statistics on the market status of the Corrugated Board Packaging manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Corrugated Board Packaging .

Corrugated Board Packaging Market Report Overview includes major players of the global Corrugated Board Packaging Market covered in the research study, research scope, Market segments by type, Market segments by application, years considered for the research study, and objectives of the report. The research report explores the Corrugated Board Packaging market across the globe shows industry summary, definition, and scope along with major regions and countries. The research report provides a detailed study on each and every aspect of Corrugated Board Packaging Market. Furthermore, the research study classifies the market based on product types, application and end user industries of Corrugated Board Packaging .

Geographically,the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast of the following regions are including:

● North America (United States, and Canada)
● Europe (France, UK)
● Asia-Pacific (China, Japan)
● South America (Brazil, Argentina)
● Middle East and Africa

Major Key Contents Covered in Corrugated Board Packaging :

● Introduction of Corrugated Board Packaging with development and status.
● Manufacturing Technology of Corrugated Board Packaging with analysis and trends.
● Analysis of Global Corrugated Board Packaging Key Manufacturers with Company Profile, Product Information, Production Information, and Contact Information.
● Analysis of Global and Chinese Corrugated Board Packaging Capacity, Production, Production Value, Cost and Profit
● Analysis of Corrugated Board Packaging with Comparison, Supply, Consumption, and Import, and Export.
● Corrugated Board Packaging Analysis with Market Status and Market Competition by Companies and Countries.
● Corrugated Board Packaging Market Forecast with Cost, Profit, Market Shares, Supply, Demands, Corrugated Board Packaging market trend, Import and Export.
● Corrugated Board Packaging Analysis of Industry Chain Structure, Upstream Raw Materials, Downstream Industry.

By knowing the potential of Corrugated Board Packaging In Future, we come up with Corrugated Board Packaging Market Research Report to provide Investors to achieve their goals in their respective field all over the world. The Corrugated Board Packaging Report focuses on providing the best returns of an investment to investors.

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Table Of Content:

1. Introduction 1.1 Key Study Deliverables 1.2 Market Definition 1.3 Study Assumptions 2. Research Methodology 3. Executive Summary 4. Corrugated Board Packaging Market Insights 4.1 Corrugated Board Packaging Market Overview 4.2 Porter's Five Forces Analysis 4.2.1 Bargaining Power of Suppliers 4.2.2 Bargaining Power of Consumers 4.2.3 Threat of New Entrants 4.2.4 Threat of Substitute Products and Services 4.2.5 Competitive Rivalry in the Industry 4.3 Industry Value Chain Analysis 4.4 Technology Roadmap 5. Corrugated Board Packaging Market Dynamics 5.1 Corrugated Board Packaging Market Drivers 5.1.1 Increasing Consumer Interest toward Convenient and Increased Shelf Life 5.1.2 Increasing Consumer Preference toward Sustainable Packaging 5.2 Corrugated Board Packaging Market Restraints 5.2.1 Volatile Raw Material Prices 6. Global Corrugated Board Packaging Market Segmentation 6.1 By End-user Industry 6.1.1 Processed Foods 6.1.2 Fresh Food and Produce 6.1.3 Beverage 6.1.4 Paper Product 6.1.5 Electrical Product 6.1.6 Other End-user Industries 6.2 By Region 6.2.1 North America Corrugated Board Packaging Market Size (2018-2023) 6.2.1.1 United States Corrugated Board Packaging Market Size (2018-2023) 6.2.1.2 Canada Corrugated Board Packaging Market Size (2018-2023) 6.2.2 Europe Corrugated Board Packaging Market Size (2018-2023) 6.2.2.1 United Kingdom Corrugated Board Packaging Market Size (2018-2023) 6.2.2.2 Germany Corrugated Board Packaging Market Size (2018-2023) 6.2.2.3 France Corrugated Board Packaging Market Size (2018-2023) 6.2.2.4 Rest of Europe 6.2.3 Asia-Pacific Corrugated Board Packaging Market Size (2018-2023) 6.2.3.1 China Corrugated Board Packaging Market Size (2018-2023) 6.2.3.2 India Corrugated Board Packaging Market Size (2018-2023) 6.2.3.3 Japan Corrugated Board Packaging Market Size (2018-2023) 6.2.3.4 Australia Corrugated Board Packaging Market Size (2018-2023) 6.2.3.5 Rest of Asia-Pacific 6.2.4 Latin America Corrugated Board Packaging Market Size (2018-2023) 6.2.4.1 Brazil Corrugated Board Packaging Market Size (2018-2023) 6.2.4.2 Argentina Corrugated Board Packaging Market Size (2018-2023) 6.2.4.3 Mexico Corrugated Board Packaging Market Size (2018-2023) 6.2.4.4 of Latin America6.2.5 Middle East and Africa Corrugated Board Packaging Market Size (2018-2023) 6.2.5.1 United Arab Emirates Corrugated Board Packaging Market Size (2018-2023) 6.2.5.2 Saudi Arabia Corrugated Board Packaging Market Size (2018-2023) 6.2.5.3 South Africa Corrugated Board Packaging Market Size (2018-2023) 6.2.5.4 Rest of Middle East and Africa 7. Competitive Intelligence - Company Profiles 7.1 Klingele Papierwerke GmbH and Co. KG 7.2 Mondi Group 7.3 Smurfit Kappa Group 7.4 DS Smith PLC

7.5 Klabin SA 7.6 International Paper Company 7.7 Nippon Paper Industries Ltd 7.8 Georgia-Pacific LLC 7.9 Rengo Co. Ltd 7.10 Amcor Limited 7.11 Sealed Air Corporation 7.12 Cascades Inc. 7.13 Europac Group*List Not Exhaustive 8. Investment Analysis 9. Future of the Global Corrugated Board Packaging Market

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