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Corrugated Packaging Industry Report

Posted by sagark on July 16th, 2020

Corrugated Packaging Industry Report 

Corrugated Packaging is the king of packaging material of this era; where ecological concerns are making news headlines every day. This packaging type has proven to be far more effective for protecting goods & fresh produces. Extremely durable, versatile, economical and lightweight Corrugated Packaging material has evaluated for its quality to withstand mechanical stress. 

Key Players

Archis Packaging India Pvt. Ltd., Mondi Group (US), Smurfit Kappa Group (Ireland) , International Paper Company (Tennessee), Orora Packaging Australia Pty Ltd (Australia), WestRock (US), Georgia-Pacific LLC (Atlanta)

Competitive Analysis

The Corrugated Packaging Industry Report is competitive and fragmented owing to the presence of several big & small market players forming a competitive landscape. Key players are adopting the strategic trend of business expansion in the emerging markets.

In order to survive and create new markets; manufacturers rely on innovation. Therefore, they keep themselves abreast of the new technological developments and latest consumer trends by developing human capital.

Segments

For the convenience of the report and enhanced understanding; the market of Corrugated Packaging is segmented in to 4 key dynamics.

By Types                                 :  Comprising Slotted boxes, Self-Erecting Boxes / Auto-Bottom Boxes, Bliss / Rigid Boxes & Telescope boxes, etc.

By Applications                       : Personal Care, Food & Beverages, Pharmaceuticals & Healthcare, Electronic Goods, Paper Industry, among others.

By Wall Construction :  Single, Double and Triple-wall corrugated packaging.

By Regions                              :  North America, Europe, APAC and Rest of the World.

Segment - Rigid boxes by types, in 2016 accounted for the largest market share i.e. 29.50% in terms of value. The segment is further estimated to register 6.04% CAGR during the assessment period (2017-2025)

Industry/ Innovation /Related News

March 20, 2018 – ExxonMobil (Germany) launched its new synthetic lubricant - Mobil SHC™ Grease 462 PF for corrugating machines. The innovation delivers superior bearing protection for corrugator rollers operating at extreme temperatures as 240˚C and in humidity.

Geographical Analysis

North America market in 2016, dominated the global Corrugated Packaging Industry Report with 33.4% share. The region is further expected to grow at 5.69% CAGR during the review period. This growth of the region attributes to the burgeoning e-commerce industry fueled by the increasing cross-border trade and huge demand for online shopping.

On the other hand, Asia-Pacific region, emerging as the fastest growing market of Corrugated Packaging registered 6.39% of a CAGR in 2016. Growing with the lucrative opportunities in packaging industry and growing ecommerce industry in the region, APAC is expected to register a fabulous CAGR during the forecast period.

Get Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/corrugated-packaging-market-1205

Also See: Corrugated Packaging, Packaging Industry, Industry Report, Rigid Boxes, Packaging, Industry, Corrugated

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