According to a new market research report published by Global Insight Services” Corrugated Boxes Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Corrugated boxes are a type of packaging made from corrugated paperboard, which is a material made from two or more layers of paper that are glued or bonded together. The corrugated paperboard is then formed into a box shape using a process called die-cutting. Die-cutting involves using a die, or a sharp tool, to cut the paperboard into the desired shape.
Corrugated boxes are used for a variety of packaging applications, including shipping boxes, storage boxes, and packaging for products such as electronics, appliances, and clothing. They are also used in the construction industry for applications such as roofing and siding.
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Key Players
The Corrugated Boxes Market includes players such as Rengo Co, Ltd, Mondi Group, DS Smith, Smurfit Kappa Group, International Paper, Nine Dragons Worldwide Investment Group Co, Ltd, WestRock Company, Lee and Man Paper Manufacturing Ltd, Packaging Corporation of America and Cascades Inc.
Key Trends
There are several key trends in corrugated boxes technology that are worth noting. One of the most important is the trend towards using lighter weight materials. This is being driven by the need to reduce costs and improve sustainability.
In addition, there is a trend towards using more recycled content in corrugated boxes. This is also driven by sustainability concerns.
Key Drivers
The key drivers of the corrugated boxes market are the growing demand for e-commerce, the need for better product protection, and the rising demand for sustainable packaging.
E-commerce is one of the key drivers of the corrugated boxes market. The growth of online retailing has led to an increase in the demand for corrugated boxes as they are used for packaging and shipping products. Online retailers require packaging that can protect products from damage during shipping and handling. Corrugated boxes are made from strong paperboard that can withstand the rigors of shipping and protect products from damage.
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Market Segments
The Corrugated Boxes Market is segmented by type, material, printing ink, end use and region. By type, the market is divided into, slotted boxes, telescope boxes, rigid boxes and folder boxes. Based on material it is segmented into linerboard, medium and others. On the basis of printing ink, it is bifurcated into, water-based ink, UV-curable ink, hot melt-based ink, solvent-based ink. By end use, it is divided into food & beverages, electronic goods, home and personal care goods and others. By region, the market is segmented into North America, Europe, Asia-Pacific, Rest of the World.
Reasons to buy Corrugated Boxes Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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