Corrugated Packaging market :SWOT Analysis, Share, Size, Business Opportunities, Application and Forecast By 2030 | MRFR

Corrugated packaging market size was USD 267.98 billion in 2021 and is projected to reach USD 415.73 Billion by 2030. E-commerce platforms have grown significantly in recent years

Corrugated packaging is a type of container made of corrugated fiberboard that is widely used in the packaging industry. It is lightweight, sturdy, and affordable, making it a popular choice for transporting and storing goods. The global corrugated packaging market has been growing steadily in recent years, driven by the increasing demand for sustainable packaging solutions.

Corrugated packaging Market Size was valued at USD 267.98 billion in 2021. The corrugated packaging market industry is projected to grow from USD 281.38 Billion in 2022 to USD 415.73 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5% during the forecast period (2022 - 2030).

In this article, we will provide an overview of the corrugated packaging market, including its history, types, applications, and future prospects. We will also discuss the major players in the industry and the key trends shaping the market.

History of Corrugated Packaging
The history of corrugated packaging can be traced back to the mid-19th century when paper-based packaging materials were first used to protect fragile items during transportation. The first patent for corrugated cardboard was filed in 1856 by Albert Jones, a New York City printer and Paper Bags Packaging Market.

Over the years, the production process for corrugated packaging has evolved, making it more efficient and cost-effective. Today, corrugated packaging is used for a wide range of applications, from shipping containers and retail packaging to pizza boxes and cereal Corrugated and Paperboard Boxes Market.

Types of Corrugated Packaging
Corrugated packaging comes in a variety of types and grades, each with its own set of properties and characteristics. The most common types of corrugated packaging include:

Single-Wall Corrugated Board
Single-wall corrugated board consists of one layer of fluted paper sandwiched between two layers of liner board. It is lightweight and Flexible Foam, making it suitable for a range of applications, such as shipping boxes and retail packaging.

Double-Wall Corrugated Board
Double-wall corrugated board consists of two layers of fluted paper sandwiched between three layers of liner board. It is more sturdy and durable than single-wall corrugated board, making it ideal for heavy-duty applications, such as shipping large appliances and machinery.

Triple-Wall Corrugated Board
Triple-wall corrugated board consists of three layers of fluted paper sandwiched between four layers of liner board. It is the most durable and sturdy type of corrugated packaging and is used for shipping heavy and bulky items, such as furniture and industrial equipment.

Applications of Corrugated Packaging
Corrugated packaging is used in a wide range of industries and applications. Some of the most common applications of corrugated packaging include:

Retail Packaging
Corrugated packaging is widely used in retail packaging, such as boxes, display stands, and point-of-purchase displays. It is a cost-effective and sustainable alternative to plastic packaging and is highly customizable, making it a popular choice for branding and marketing.

Shipping Containers
Corrugated packaging is used to transport goods and materials across the world. It is lightweight, durable, and easy to handle, making it an ideal choice for shipping containers of all sizes.

Food Packaging
Corrugated packaging is used in the food industry for packaging a wide range of products, including cereal boxes, pizza boxes, and takeaway containers. It is a sustainable and eco-friendly alternative to plastic packaging and can be easily recycled or composted.

Major Players in the Corrugated Packaging Market
The corrugated packaging market is highly competitive, with a large number of players operating in the industry. Some of the major players in the global corrugated packaging market include:

International Paper Company

  • Mondi Group Plc (South Africa)
  • International Paper Company (U.S.)
  • West Rock Company (U.S.)
  • DS Smith Plc (U.K.)
  • Rengo Co. Ltd. (Japan)
  • Cascades Inc. (Canada)
  • Packaging Corporation of America (U.S.)
  • Georgia-Pacific LLC (U.S.)
  • Smurfit Kappa Group (Ireland), among others

Key Trends Shaping the Corrugated Packaging Market
The corrugated packaging market is constantly evolving, driven by changing consumer preferences, technological advancements, and regulatory requirements.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Consulting Services. MRFR team has the supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

 


Santosh Autade

840 Blog posts

Comments