What is Corrugated Box Packaging?
Corrugated box is made from the combination of two sheets of paper called liners, which are glued to a corrugated inner medium called fluting. These three layers of paper are assembled in a way that gives overall structure a better strength. These boxes are designed to match the processing and end-use requirements.Corrugated packaging products combine cushioning with structural rigidity, providing excellent protection to fragile or heavy contents from damage. Their lightweight and clean nature help lower shipping costs. The high-impact graphics possible on corrugated packaging products help enable improved brand awareness, thus helping improved sales. Moreover, corrugated packaging products are made from recycled card board boxes and other waste products from the paper industry. The reprocessing and recycling percentage of corrugated packaging products is also high, making them an environment-friendly packaging option.
The market study is broken down by Type (Single Corrugated, Double Corrugated and Triple Corrugated), by Application (Food & Beverages, Electrical & Electronics, Home Care Products, Personal Care Products, Ecommerce, Transportation & Logistics, Healthcare and Sectors) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amcor, International Paper Company, Smurfit Kappa Group PLC, MeadWestvaco, Sonoco products, Oji Holdings Corporation, Mondi Limited, DS Smith PLC, TGI Packaging and US Corrugated are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Corrugated Box Packaging market by Type, Application and Region.
On the basis of geography, the market of Corrugated Box Packaging 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 Box Type, the sub-segment i.e. Folding Box will boost the Corrugated Box Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 27th June 2019, Smurfit Kappa Group, one of the leading manufacturers of corrugated packaging products, designed an innovative E-commerce packaging for a Latin American online egg seller through eSmart service that ensures minimum to no damaging of the eggs, in order to expand its business across Latin America and to help emerging companies drive business growth through innovative packaging.
Market Trend
- Recycling of Corrugated Box Packaging Materials
Market Drivers
- Increasing Preference for Economical, Eco-friendly, and Lightweight Packaging from End-user Industry such as Electronics, Automotive, and Others
- High Growth of E-commence Sector
Opportunities
- Rising Demand From Various Industry from Developing Countries
- Growth in the Processed Food Industry
Restraints
- Low Strength and Poor Barrier Properties
Challenges
- Regulations in the Corrugated Box Industry
- Increasing Raw Material Price
Key Target Audience
Raw Material Suppliers, End Users, Packaging Manufacturers, Traders & Distributors, Regulatory Bodies and Market Research and Consulting Firms
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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.