Corrugated Board Packaging Market Size and Forecast 2021-2027 | COVID 19 Impact And Recovery
Data Bridge Market Research has provides the Qualitative andinformative knowledge by adding titled “CorrugatedBoard Packaging Market by By Product Type (Single Faced, SingleWall, Twin wall and Triple Wall), Box Style (Folding Box, Slotted Box,Telescopic Box and Rigid Box), Application (Food and Beverages, ElectronicGoods, Pharmaceuticals, Beauty and Personal Care, Automobile, Health andHygiene and Consumer Goods)Analysis and Forecast, 2021 – 2027”. In thisreport, Researchers have analysed Strength, Weakness, opportunities and threatsin the market and provides the unbiased picture of the market with theinformative knowledge. The Corrugated Board Packaging Market reportadditionally states import/trade utilization, free market activity figures,cost, value, volume and gross edges.
Standing at acurrent market value of USD 278.4 billion in 2020, the corrugated boardpackaging market is expected to show a rise in the market value of USD 370.9billion by the year 2028. Also, the market is expected to exhibit a CAGR of4.9% for the forecast period of 2021-2028. Corrugated boards are used almost inevery industry which is one of the major factors for this boom in the market.
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Few ofthe leading organizations’ names are listed here- Ariba & Company, Cascadesinc., DS Smith, Koch Industries, Inc., International Paper., Klabin S.A.,Klingele Papierwerke GmbH & Co. KG, Mondi, Nine Dragons Worldwide (China)Investment Group Co., NIPPON PAPER INDUSTRIES CO., LTD., Oji HoldingsCorporation., Orora Packaging Australia Pty Ltd, Packaging Corporation ofAmerica, Rengo Co., Ltd., Sealed Air, Smurfit Kappa, Waterman (Box Makers)Ltd., Bharath Paper Conversions., Fine Packaging Company and Amcor plc amongothers.
SuccinctDescription of the Market:
A corrugated board is a packaging material that is used in transportationof goods that are heavy and fragile in nature. A corrugated board is a strongmaterial that is made up of fluted corrugated sheets and one or two flatlinerboards. This kind of packaging material is especially used in thetransportation of goods over a long distance. As per the flute profile, thecorrugated board market can be bifurcated into A-flute, B-flute, C-flute,D-flute, E-flute and F-flute. The corrugated board in a sum has a wide range ofapplications in all sorts of industries.
The biggest driver of this market is the eco-friendly characteristic ofthe product. The corrugated boards are generally made up of recycled materialand this in turn serves the environment and is also cost efficient. Rapidindustrialization combined with integration and interconnection between thecountries has also led to the increase in demand for corrugated boards thatserve the purpose of transportation of goods. Another advantage of usingcorrugated boards is its lightweight nature but also pressure resistingcapacity. Easy handling and convenience properties of the same are theopportunities that players are taking advantage of.
Cold and humid environment have an impact on the strength and pressureholding capacity of the corrugated boxes. This in turn can act as a restraintin the growth of the demand for corrugated boxes. Many a times, the corrugatedboards are not suitable for packaging of materials that are perishable innature. This is because such items require packaging material that is durableenough to protect items which corrugated boards are not capable of. This is whycorrugated boards are not used to package drinks and relative items. Because ofthis, the market may also see a slowdown.
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CrucialMarket Segment details-:
By Product Type (Single Faced, Single Wall, Twin wall andTriple Wall),
Box Style (Folding Box, Slotted Box, Telescopic Box andRigid Box),
Application (Food and Beverages, Electronic Goods,Pharmaceuticals, Beauty and Personal Care, Automobile, Health and Hygiene andConsumer Goods),
End-Use (Food and Beverage Industry, PharmaceuticalIndustry, Electrical Industry and Others)
Methodologiesutilized to evaluate the market-:
Research analysts and experts have utilized excellent marketresearch tools such as SWOT analysis, Porter’s Five Forces analysis, PESTanalysis, and Primary and Secondary research analysis to define, describe andevaluate the competitive landscape of the CORRUGATED BOARD PACKAGING market.
Researchstrategies and tools used-:
This CORRUGATED BOARD PACKAGING market research report helpsthe readers to know about the overall market scenario, strategy to furtherdecide on this market project. It utilizes SWOT analysis, Porter’s Five ForcesAnalysis and PEST analysis.
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Table of Contents
1 Corrugated Board PackagingMarket Overview
2 Manufacturers Profiles
3 Global Corrugated BoardPackaging Market Competitions, by Players
3.1 Global CorrugatedBoard Packaging Revenue and Share by Players
3.2 Market ConcentrationRate
3.2.1 Top 5 CorrugatedBoard Packaging Players Market Share
3.2.2 Top 10 CorrugatedBoard Packaging Players Market Share
3.3 Market CompetitionTrend
4 Global Corrugated BoardPackaging Market Size by Regions
5 North AmericaCorrugated Board Packaging Revenue by Countries
6 Europe Corrugated BoardPackaging Revenue by Countries
7 Asia-Pacific CorrugatedBoard Packaging Revenue by Countries
8 South AmericaCorrugated Board Packaging Revenue by Countries
9 Middle East and AfricaRevenue Corrugated Board Packaging by Countries
10 Global Corrugated BoardPackaging Market Segment by Type
11 Global CorrugatedBoard Packaging Market Segment by Application
12 Global CorrugatedBoard Packaging Market Size Forecast (2019-2026)
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Conclusion:
This CorrugatedBoard Packaging research report gives the outcome that matters most to theclient. The research carried out in this report suggests what is going to bebeneficial and how the report will help the business to grow.
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