Corrugated Packaging Market - Size & Upcoming Industry Trends (2024-2032)

Corrugated Packaging Market Synopsis:

Corrugated Packaging Market Size Was Valued at USD 342.5 Billion in 2023, and is Projected to Reach USD 513 Billion by 2032, Growing at a CAGR of 5.7% From 2024-2032.

The specific Corrugated Packaging Market too has had a fair growth in the last decade because of widespread usage of ecofriendly packaging. The main categories of AD are corrugated packaging which is made of paper based materials; very popular due to practicality like durability, light weight, and low cost for shipping and storage. With its capacity to apply itself to so many sectors such as F & B, e-tail and physical shop selling, manufacture of pharmaceuticals and electronics and many others its advancement has thus further propelled the growth of the market. The trend toward sustainability has put corrugated packaging in a prime spot in the packaging materials industry because this packaging is reusable, recyclable, as well as eco-friendly.

The e-commerce has affected the demand side significantly to the corrugated packaging. Because customers are spending more time surfing the internet, firms are now employing reliable and safeguard packaging since they want safe deliveries. Fibreboard is mainly applied in manufacturing of corrugated boxes because of its ability to provide strength and flexibility that is needed to withstand the handling shock at the time of transportation. This development has not only opened up the creation of new technologies within the market but also lightweight designs custom made to be low cost on shipment and the material used but still maintaining safety. But the advances in the print market has ensured the brand comes close to the users by offering fancy and branded corrugated cartons.

Plus, there is the bright sunny prospect for the Emerging countries across Asia-Pacific, Latin America and some part of Africa because of the increased industrial & urbanization activity. As a result, new laws and rules, which support the promotion of sustainable and non-plastic products, act as the main drivers for the market’s growth. The key market participants are focusing onto the concept of material management with an objective to cope with the growing coined and regulatory expectations of environment conscious packaging material. Congruously, the corrugated packaging market is expected to grow strongly in the next couple of years following this trend.

Corrugated Packaging Market Trend Analysis:

Growth in E-commerce and Retail Sectors

• Another prominent pattern that can be distinguished unfolding the structure of the Corrugated Packaging Market is the rising significance of the sophisticated e-commerce and retail markets. Thus, there is a great demand for protective, efficient and environmentally friendly packaging materials since the culture of online shopping is rapidly expanding and even more after the COVID-19 situation. Among them, single or double wall corrugated board is particularly widely used because of its strength, as well as its cost which is affordable by e-commerce companies. Concerning the offered opportunities to design various sizes of corrugated boxes, they look rather attractive for companies as the material is lightweight and contributes to the minimization of the expenses on packaging shipments. This trend also follows the customer experience; firms are ready to make their packaging more distinctive, and aesthetically pleasing, to increase customer loyalty.

Rising Focus on Sustainability and Circular Economy

• The other crucial factor has been averting the Corrugated Packaging Market for a very long time, which is the global rising initiatives toward sustainability and circular economy. Customers and policies are willing to achieve sustainable solutions for packaging and no longer tolerate plastic packaging in packaging solutions, they are opting for an ecological packaging medium – corrugated boxes. It is now common practise for organizations to trend towards sustainable management system through acquisition of renewable inputs as well as enhancement of end uses of products. Similar development steps such as water based inks and biodegradable films are also yet in the course of being addressed with a view to making the corrugated packaging even greener. Since sustainability is now considered as one of the major enterprise successes that can help to define further evolution of many brands, this trend should be expected in the future development of the corrugated packaging market.

Corrugated Packaging Market Segment Analysis:

Corrugated Packaging Market is Segmented on the basis of Type, Wall Construction, Material, Application, and Region

By Type, Rigid Boxes segment is expected to dominate the market during the forecast period

• Customers obtain Corrugated Packaging by type comprise of the following packaging types Rigid Box, Self-Erecting Box, Telescope Box, Slotted Box and many more. Standard cases are sturdier and are used with elegance commodities; therefore they are reputable at the commercial domain. The type of boxes which are in demanded includes self erecting type connected with time saving for erecting from a flat on the line, while telescope type of boxes are two pieces boxes provide additional strength and convenience. Slotted boxes are chosen by various companies for storage and transportation purposes as these boxes are not very problematic in terms of production and relatively cheap. Each of these kinds of boxes has its special use to meet the various demand for packaging due to some necessities such as protection, registration, and environmental consideration which are driving forces of the progressive growth of corrugated packaging market.

By Application, Personal Care segment expected to held the largest share

• The corrugated packaging market has manifold uses across different industry types, particularly across the grocery and food & beverages industries, electronics, pharmaceutical, personal care products industries among others. To food and beverages processing companies, fast moving consumer goods producers, pharmaceuticals, and cosmetics industries, corrugated packaging helps to protect perishable food products and other goods during handling, transportation, and storage meeting the necessary standards on health risks. Writing the Electronic goods sector has a great demand of corrugated boxes because the products which are being transported are very sensitive as well as delicate in nature. However, corrugated packaging has some convenience for the pharmaceutical industries in their best protection solutions for their products. Sanitary ware products also use corrugated material in actual product packaging as well as in branding to make the branded product appeal to customers on shelves. The rest of the industries comprise of textiles & products, industrial supplies & instruments, electronics & electrical – most of which may enjoy corrugated packaging as it is lightweight, versatile for other uses and not very detrimental to the environment.

Corrugated Packaging Market Regional Insights:

Europe corrugated packaging market for a moderate revenue share in 2024.

• In terms of the overall revenue of the corrugated packaging material, the Europe market share will remain moderately in the year 2024, due to the sound manufacturing facilities or the selling market in Europe. Consumer consciousness on the sustainable packaging policies and the green economy has created demand for the corrugated packaging to monitor on costs and yet it is a recyclable. In this case, food and beverages, pharmaceuticals, electronic, and any large volume-producing industries are taking to corrugated packaging mainly because of the feature of protection that goes together with high flexibility in design. Moreover, the regulation standard in the process of minimization of the plastic based products are placing pressure on the organisations that are improving over the eco friendly products stabilizing the market in question. As a sensitive market of Europe that has a high degree of focus on sustainability and constant innovation, the corrugated packaging market will further dominate a huge amount of the general packaging industry sale revenue in the current years.

Active Key Players in the Corrugated Packaging Market:

• 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)
• Other Active Players

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Corrugated Packaging Market by Type
 4.1 Corrugated Packaging Market Snapshot and Growth Engine
 4.2 Corrugated Packaging Market Overview
 4.3 Rigid Boxes
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Rigid Boxes: Geographic Segmentation Analysis
 4.4 Self-Erecting Boxes
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Self-Erecting Boxes: Geographic Segmentation Analysis
 4.5 Telescope Boxes
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Telescope Boxes: Geographic Segmentation Analysis
 4.6 Slotted Boxes
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Slotted Boxes: Geographic Segmentation Analysis
 4.7 and Others
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 and Others: Geographic Segmentation Analysis

Chapter 5: Corrugated Packaging Market by Wall Construction
 5.1 Corrugated Packaging Market Snapshot and Growth Engine
 5.2 Corrugated Packaging Market Overview
 5.3 Single-Wall
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Single-Wall: Geographic Segmentation Analysis
 5.4 Double-Wall
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Double-Wall: Geographic Segmentation Analysis
 5.5 and Triple-Wall
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 and Triple-Wall: Geographic Segmentation Analysis

Chapter 6: Corrugated Packaging Market by Material
 6.1 Corrugated Packaging Market Snapshot and Growth Engine
 6.2 Corrugated Packaging Market Overview
 6.3 Linerboard
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Linerboard: Geographic Segmentation Analysis
 6.4 Medium
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Medium: Geographic Segmentation Analysis
 6.5 and Others
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 and Others: Geographic Segmentation Analysis

Chapter 7: Corrugated Packaging Market by Application
 7.1 Corrugated Packaging Market Snapshot and Growth Engine
 7.2 Corrugated Packaging Market Overview
 7.3 Food & Beverages
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Food & Beverages: Geographic Segmentation Analysis
 7.4 Electronic Goods
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Electronic Goods: Geographic Segmentation Analysis
 7.5 Pharmaceuticals
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Pharmaceuticals: Geographic Segmentation Analysis
 7.6 Personal Care
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Personal Care: Geographic Segmentation Analysis
 7.7 and Others
  7.7.1 Introduction and Market Overview
  7.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.7.3 Key Market Trends, Growth Factors and Opportunities
  7.7.4 and Others: Geographic Segmentation Analysis

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Benchmarking
  8.1.2 Corrugated Packaging Market Share by Manufacturer (2023)
  8.1.3 Industry BCG Matrix
  8.1.4 Heat Map Analysis
  8.1.5 Mergers and Acquisitions  
 8.2 MONDI GROUP PLC (SOUTH AFRICA)
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Role of the Company in the Market
  8.2.5 Sustainability and Social Responsibility
  8.2.6 Operating Business Segments
  8.2.7 Product Portfolio
  8.2.8 Business Performance
  8.2.9 Key Strategic Moves and Recent Developments
  8.2.10 SWOT Analysis
 8.3 INTERNATIONAL PAPER COMPANY (U.S.)
 8.4 WEST ROCK COMPANY (U.S.)
 8.5 DS SMITH PLC (U.K.)
 8.6 RENGO CO. LTD. (JAPAN)
 8.7 CASCADES INC. (CANADA)
 8.8 PACKAGING CORPORATION OF AMERICA (U.S.)
 8.9 GEORGIA-PACIFIC LLC (U.S.)
 8.10 SMURFIT KAPPA GROUP (IRELAND)
 8.11 OTHER ACTIVE PLAYERS

Chapter 9: Global Corrugated Packaging Market By Region
 9.1 Overview
 9.2. North America Corrugated Packaging Market
  9.2.1 Key Market Trends, Growth Factors and Opportunities
  9.2.2 Top Key Companies
  9.2.3 Historic and Forecasted Market Size by Segments
  9.2.4 Historic and Forecasted Market Size By Type
  9.2.4.1 Rigid Boxes
  9.2.4.2 Self-Erecting Boxes
  9.2.4.3 Telescope Boxes
  9.2.4.4 Slotted Boxes
  9.2.4.5 and Others
  9.2.5 Historic and Forecasted Market Size By Wall Construction
  9.2.5.1 Single-Wall
  9.2.5.2 Double-Wall
  9.2.5.3 and Triple-Wall
  9.2.6 Historic and Forecasted Market Size By Material
  9.2.6.1 Linerboard
  9.2.6.2 Medium
  9.2.6.3 and Others
  9.2.7 Historic and Forecasted Market Size By Application
  9.2.7.1 Food & Beverages
  9.2.7.2 Electronic Goods
  9.2.7.3 Pharmaceuticals
  9.2.7.4 Personal Care
  9.2.7.5 and Others
  9.2.8 Historic and Forecast Market Size by Country
  9.2.8.1 US
  9.2.8.2 Canada
  9.2.8.3 Mexico
 9.3. Eastern Europe Corrugated Packaging Market
  9.3.1 Key Market Trends, Growth Factors and Opportunities
  9.3.2 Top Key Companies
  9.3.3 Historic and Forecasted Market Size by Segments
  9.3.4 Historic and Forecasted Market Size By Type
  9.3.4.1 Rigid Boxes
  9.3.4.2 Self-Erecting Boxes
  9.3.4.3 Telescope Boxes
  9.3.4.4 Slotted Boxes
  9.3.4.5 and Others
  9.3.5 Historic and Forecasted Market Size By Wall Construction
  9.3.5.1 Single-Wall
  9.3.5.2 Double-Wall
  9.3.5.3 and Triple-Wall
  9.3.6 Historic and Forecasted Market Size By Material
  9.3.6.1 Linerboard
  9.3.6.2 Medium
  9.3.6.3 and Others
  9.3.7 Historic and Forecasted Market Size By Application
  9.3.7.1 Food & Beverages
  9.3.7.2 Electronic Goods
  9.3.7.3 Pharmaceuticals
  9.3.7.4 Personal Care
  9.3.7.5 and Others
  9.3.8 Historic and Forecast Market Size by Country
  9.3.8.1 Russia
  9.3.8.2 Bulgaria
  9.3.8.3 The Czech Republic
  9.3.8.4 Hungary
  9.3.8.5 Poland
  9.3.8.6 Romania
  9.3.8.7 Rest of Eastern Europe
 9.4. Western Europe Corrugated Packaging Market
  9.4.1 Key Market Trends, Growth Factors and Opportunities
  9.4.2 Top Key Companies
  9.4.3 Historic and Forecasted Market Size by Segments
  9.4.4 Historic and Forecasted Market Size By Type
  9.4.4.1 Rigid Boxes
  9.4.4.2 Self-Erecting Boxes
  9.4.4.3 Telescope Boxes
  9.4.4.4 Slotted Boxes
  9.4.4.5 and Others
  9.4.5 Historic and Forecasted Market Size By Wall Construction
  9.4.5.1 Single-Wall
  9.4.5.2 Double-Wall
  9.4.5.3 and Triple-Wall
  9.4.6 Historic and Forecasted Market Size By Material
  9.4.6.1 Linerboard
  9.4.6.2 Medium
  9.4.6.3 and Others
  9.4.7 Historic and Forecasted Market Size By Application
  9.4.7.1 Food & Beverages
  9.4.7.2 Electronic Goods
  9.4.7.3 Pharmaceuticals
  9.4.7.4 Personal Care
  9.4.7.5 and Others
  9.4.8 Historic and Forecast Market Size by Country
  9.4.8.1 Germany
  9.4.8.2 UK
  9.4.8.3 France
  9.4.8.4 The Netherlands
  9.4.8.5 Italy
  9.4.8.6 Spain
  9.4.8.7 Rest of Western Europe
 9.5. Asia Pacific Corrugated Packaging Market
  9.5.1 Key Market Trends, Growth Factors and Opportunities
  9.5.2 Top Key Companies
  9.5.3 Historic and Forecasted Market Size by Segments
  9.5.4 Historic and Forecasted Market Size By Type
  9.5.4.1 Rigid Boxes
  9.5.4.2 Self-Erecting Boxes
  9.5.4.3 Telescope Boxes
  9.5.4.4 Slotted Boxes
  9.5.4.5 and Others
  9.5.5 Historic and Forecasted Market Size By Wall Construction
  9.5.5.1 Single-Wall
  9.5.5.2 Double-Wall
  9.5.5.3 and Triple-Wall
  9.5.6 Historic and Forecasted Market Size By Material
  9.5.6.1 Linerboard
  9.5.6.2 Medium
  9.5.6.3 and Others
  9.5.7 Historic and Forecasted Market Size By Application
  9.5.7.1 Food & Beverages
  9.5.7.2 Electronic Goods
  9.5.7.3 Pharmaceuticals
  9.5.7.4 Personal Care
  9.5.7.5 and Others
  9.5.8 Historic and Forecast Market Size by Country
  9.5.8.1 China
  9.5.8.2 India
  9.5.8.3 Japan
  9.5.8.4 South Korea
  9.5.8.5 Malaysia
  9.5.8.6 Thailand
  9.5.8.7 Vietnam
  9.5.8.8 The Philippines
  9.5.8.9 Australia
  9.5.8.10 New Zealand
  9.5.8.11 Rest of APAC
 9.6. Middle East & Africa Corrugated Packaging Market
  9.6.1 Key Market Trends, Growth Factors and Opportunities
  9.6.2 Top Key Companies
  9.6.3 Historic and Forecasted Market Size by Segments
  9.6.4 Historic and Forecasted Market Size By Type
  9.6.4.1 Rigid Boxes
  9.6.4.2 Self-Erecting Boxes
  9.6.4.3 Telescope Boxes
  9.6.4.4 Slotted Boxes
  9.6.4.5 and Others
  9.6.5 Historic and Forecasted Market Size By Wall Construction
  9.6.5.1 Single-Wall
  9.6.5.2 Double-Wall
  9.6.5.3 and Triple-Wall
  9.6.6 Historic and Forecasted Market Size By Material
  9.6.6.1 Linerboard
  9.6.6.2 Medium
  9.6.6.3 and Others
  9.6.7 Historic and Forecasted Market Size By Application
  9.6.7.1 Food & Beverages
  9.6.7.2 Electronic Goods
  9.6.7.3 Pharmaceuticals
  9.6.7.4 Personal Care
  9.6.7.5 and Others
  9.6.8 Historic and Forecast Market Size by Country
  9.6.8.1 Turkiye
  9.6.8.2 Bahrain
  9.6.8.3 Kuwait
  9.6.8.4 Saudi Arabia
  9.6.8.5 Qatar
  9.6.8.6 UAE
  9.6.8.7 Israel
  9.6.8.8 South Africa
 9.7. South America Corrugated Packaging Market
  9.7.1 Key Market Trends, Growth Factors and Opportunities
  9.7.2 Top Key Companies
  9.7.3 Historic and Forecasted Market Size by Segments
  9.7.4 Historic and Forecasted Market Size By Type
  9.7.4.1 Rigid Boxes
  9.7.4.2 Self-Erecting Boxes
  9.7.4.3 Telescope Boxes
  9.7.4.4 Slotted Boxes
  9.7.4.5 and Others
  9.7.5 Historic and Forecasted Market Size By Wall Construction
  9.7.5.1 Single-Wall
  9.7.5.2 Double-Wall
  9.7.5.3 and Triple-Wall
  9.7.6 Historic and Forecasted Market Size By Material
  9.7.6.1 Linerboard
  9.7.6.2 Medium
  9.7.6.3 and Others
  9.7.7 Historic and Forecasted Market Size By Application
  9.7.7.1 Food & Beverages
  9.7.7.2 Electronic Goods
  9.7.7.3 Pharmaceuticals
  9.7.7.4 Personal Care
  9.7.7.5 and Others
  9.7.8 Historic and Forecast Market Size by Country
  9.7.8.1 Brazil
  9.7.8.2 Argentina
  9.7.8.3 Rest of SA

Chapter 10 Analyst Viewpoint and Conclusion
10.1 Recommendations and Concluding Analysis
10.2 Potential Market Strategies

Chapter 11 Research Methodology
11.1 Research Process
11.2 Primary Research
11.3 Secondary Research