About Corrugated Plastic Cardboard
Growing demand in various end-user industries will help to boost global Corrugated Plastic Cardboard market in the forecasted period. Corrugated plastic cardboard is also known as Corrugated Plastic Sheet, Coroplast sheets, Waterproof Cardboard, Corrugated Stratocore sheets. they are two outside flat plastic sheets separated by small plastic beams running perpendicular to them. This material is commonly used to erect commercial, political or other types of signs and for constructing plastic containers and reusable packaging. Corrugated Plastic Cardboard is widely used in the signwriting industry for making signs for real estate sales, construction sites, and promotions.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.41% |
The companies in these industries are seeking ways to reduce costs, improve product quality and production efficiency. The focus is on improved productivity and reduced production cost structure. Smart production technology has provided with ample technological solutions for small and medium-sized companies and its users with connected supply chains. Analyst at AMA Research estimates that European Manufacturers will contribute the maximum growth to Global Corrugated Plastic Cardboard market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Coroplast (Inteplast Group) (United States), Primex Plastics (United States), Karton (Italy), SIMONA(Germany), DS Smith (United Kingdom), Distriplast(France), Sangeeta Group (India), Northern Ireland Plastics (United Kingdom), Zibo Kelida Plastic(China) and Tah Hsin Industrial(Taiwan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Twinplast (United Kingdom), Plastflute (Malaysia), Creabuild (Dubai), Corex Plastics (Australia) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Corrugated Plastic Cardboard market by Type (Polypropylene Type, Polyethylene Type and Others), Application (Graphic Arts and Signage, Packaging and Storage, Agriculture, Automotive, Building and Construction and Others) and Region.
On the basis of geography, the market of Corrugated Plastic Cardboard 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 Distribution Channel, the sub-segment i.e. Online will boost the Corrugated Plastic Cardboard market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand In the Proceed Food Segment and High Adoption in Agriculture Industries
Market Growth Drivers:
High Adoption Due to using in Building And Construction and Increasing Popularity due to Use in Automotive Industry
Challenges:
Chances to get Deformed Under Extreme Pressure
Restraints:
Rising Concern Regarding Use in Heavy Products and Not Use For Weatherproofing Like Water and Other Types of Liquid
Opportunities:
Rising Demand from Emerging Countries and Growing Demand In various End-User Industries
Market Leaders and their expansionary development strategies
In July 2022, Menasha Packaging has finalised its acquisition of corrugated packaging manufacturer Color-Box. The acquisition comes after Menasha Packaging signed an agreement to purchase Color-Box.
In March 2024, DS Smith launched its DryPack seafood box in North America, replacing non-recyclable expanded polystyrene (EPS) foam boxes. DS Smith’s DryPack is a no-leak, water-resistant and recyclable box that, when packed with ice, can keep fish fresh below 40 degrees Fahrenheit (4 degrees Celsius) for over 40 hours in cold chain operations.
Key Target Audience
Corrugated Plastic Cardboard MAnufactures, Corrugated Plastic Cardboard Suppliers, Corrugated Plastic Cardboard Distributors, Government Regulatory Bodies, Private Research Organizations 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.