Corrugated Packaging Market by Manufacturers, Types and Applications, Regions, Forecast to 2023

By , in PR PR World on .

Pune, India — 04/27/2018 — MarketResearchFuture.com added New Report Named “Corrugated Packaging Market 2018: Global Industry Analysis, Market Growth and Opportunity Assessment, Segmentation by type (Bliss / Rigid Boxes, Self-Erecting Boxes, Telescope boxes, Slotted boxes and others), by Wall Construction (Single-wall, Double-wall and Triple-wall), by application (Food & beverages, Electronic goods, Personal care, Pharmaceuticals & healthcare and Others) and by Region | Outlook to 2023” to its Database.

Market Highlights

Global corrugated packaging has very broad market in coming recent years. MRFR analysts has predicted that food & beverages and consumer goods industry are about to grow at a rapid pace, moreover, the speedy rising ecommerce business has also been a growth momentum which means more demand for these industries and in turn for corrugated packaging. The global corrugated packaging market has experienced a humongous growth over the past years and as per the estimation the global corrugated packaging market will grow more on a rapid pace during the forecast period. The rising population and growing per capita income are the major growth driver for this market. Along with this the growing applications segment such as food & beverages, personal care, Pharmaceuticals & healthcare, consumer goods, electronic goods have contributed a major role in the overall market growth.

Get a Sample Copy of Global Report “Corrugated Packaging Market Research -Forecast to 2023” @ https://www.marketresearchfuture.com/sample_request/1205

Key Findings

North America dominate the global corrugated packaging market with a share of 33.4% in 2016, in terms of value. It is expected to grow at a CAGR of 5.69% during the forecast period.
Asia-Pacific is the fastest growing region with a CAGR of 6.39% owing to the emerging economies coupled with lucrative opportunities in packaging industry and growing ecommerce industry.
Rigid boxes segment expected to witness growth in global corrugated packaging market with share of 29.50% in 2016, in terms of value. It is expected to grow at 6.04% CAGR during the forecast period.
Regional Analysis

Geographically, North America is a major revenue generator to the global corrugated packaging market where the US market has become one of the most attractive place for the manufacturers owing to the rising ecommerce venture and shifting trends towards online shopping. Europe is the second leading region and Asia-Pacific has emerged as the fastest growing region.

Rapid growth in the electronic sector is ultimately driving the demand of the corrugated packaging. Today consumer electronics is the top selling category due to increase in the number of online electronics models. The electronic sector is continuously evolving with new developments. Due to the increase in internet and mobile penetration, there have been increase in the acceptance of online payments and favourable demographics have given the companies in the electronic sector, an opportunity to connect with their customers.

According to REED Electronic Research, a leading market information provider on the global electronics industry, in 2015, China has accounted for 38% of electronics equipment production in the global market.

Developing countries such as China, India, Indonesia, Thailand, Vietnam, and Mexico have the largest disposable income, due to which there is a significant growth in the manufacturing and service industries here. The higher disposable income in these developing countries, results in the increase in purchasing power. As a result, corrugated packaging market has been impacted, positively.

Market Segmentation

The global corrugated packaging market has been segmented into types, wall construction, application and region.

By Types-

Bliss / Rigid Boxes
Self-Erecting Boxes
Telescope boxes
Slotted boxes
Others

By Wall Construction-

Single-wall
Double-wall
Triple-wall

By Application-

Food & beverages
Electronic goods
Personal care
Pharmaceuticals & healthcare
Others

By Region-

North America
Europe
Asia-Pacific
Rest of the World

Get Attractive Discount on Global Report “Corrugated Packaging Market Research -Forecast to 2023” @ https://www.marketresearchfuture.com/check-discount/1205

Key Market Players

The key players in global corrugated packaging market report included are Mondi Group (U.S.), Smurfit Kappa Group (Ireland) , International Paper Company (Tennessee), Orora Packaging Australia Pty Ltd (Australia), WestRock (U.S.), Georgia-Pacific LLC (Atlanta), Archis Packaging (India) Pvt. Ltd., Europac Group (U.K.), KapStone Paper and Packaging Corporation (U.S.) and Nefab Group (Sweden).

The report for Global Corrugated Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions

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), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

The following two tabs change content below.
Jasmine Petters

Jasmine Petters

Jasmine hails from the city of Nizams, Hyderabad, and is currently pursuing her M.D. from there only. She is an internet wizard and has keen passion in All Things tech. She is a regular Comment contributor for The Daily Telescope and writes a Web column, in which she covers war, sports, and everything in between.
%d bloggers like this: