About Cardboard Packaging Material
Cardboard Packaging Material is a shipping container made of layers of heavy-duty paper. The term cardboard is used as a generic descriptor for various types of solid firm papers used to produce boxes. The general term cardboard box includes several types of paper boxes, such as corrugated boxes and chipboard boxes. Cardboard is a material used to make corrugated boxes. It is the most frequently used packaging material because it is versatile, lightweight, strong and made from a renewable resource. Growing demand of cardboard packaging material from e-commerce sector, food and beverages industries, electronic industry, industrial sector and increasing disposal income. The market is witnessing consolidation, with major players acquiring smaller companies to expand their reach and offerings. Innovation in sustainable coatings and barrier technologies is opening up new applications for cardboard packaging. Research into bio-based and biodegradable alternatives to traditional pulp is gaining momentum.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The cardboard packaging material market is expected to continue its steady growth in the coming years, driven by factors like increasing demand, sustainability concerns, and technological advancements. However, the competitive landscape is likely to remain dynamic, with continued mergers and acquisitions, innovation in materials and designs, and evolving consumer preferences playing a significant role. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Cardboard Packaging Material market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DS Smith Plc (United Kingdom), Mondi Group (Austria), International Paper (United States), WestRock (United States), Packaging Corporate of America (United States), Nine Dragons Paper (Holdings) Limited (China), Cheng Long Corp (Taiwan), ITC limited (India), Stora Enso (Finland) and Huhtamaki (Finland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Progroup AG (Germany), Klabin S.A. (Brazil), Rexam (United Kingdom), Billerudkors (Sweden) and Sun Paper (China).
Segmentation Overview
AMA Research has segmented the market of Global Cardboard Packaging Material market by , Application (Primary Packaging, Secondary Packaging and Tertiary Packaging) and Region.
On the basis of geography, the market of Cardboard Packaging Material has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Types, the sub-segment i.e. Corrugated Cardboard will boost the Cardboard Packaging Material market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Food and Beverages will boost the Cardboard Packaging Material market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Virgin Cellulose Fiber will boost the Cardboard Packaging Material market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
E-commerce and convenience consumers and ensuring easy return
Market Growth Drivers:
Increasing demand of food and beverages sector with technological advancements. and Improved Waste Management and Recycling Infrastructure
Challenges:
Moisture can limit the use of certain products.
Restraints:
Competition from plastic packaging
Opportunities:
Customize and smart packaging solution and Rising demand in Educational campaigns such as workshop, webinars, educational contents
Market Leaders and their expansionary development strategies
In September 2023, WestRock Partners with Amazon for Sustainable Packaging Solutions. This partnership represents a significant step forward in the development of sustainable e-commerce packaging. By combining their resources and expertise, WestRock and Amazon have the potential to make a real difference in reducing waste and promoting a more circular economy for packaging materials.
In September 2023, Mondi Launches Effiflex, a High-Performance Corrugated Cardboard for E-commerce. Effiflex is lightweight yet strong, offering excellent puncture resistance and stacking compression strength having smooth surface for high-quality printing and branding, and is easily recyclable.
Key Target Audience
Manufacturers, Brand Owners and Packaging, Potential Investors, Recycling and Sustainability Stakeholders, Government and Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.