The expansion of the market is also anticipated to be accelerated by the growing industrialization and increased international trade in developing countries like India. Environmental concerns are another factor driving the industry overall.The global corrugated board packaging market is anticipated to be driven by expanding industrial operations, notably in the manufacturing sector, which require improved packaging strategies to preserve and convey commodities.
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The corrugated board packaging technique is thought to make up the majority of the whole paperboard packaging technique. Corrugated board is a high performance packaging material that is used to box, protect, and advertise products. Corrugated board, also known as containerboard, is made up of three sheets of paper. The middle fluted or wave-shaped paper layer is known as the corrugating medium, and the outer paper layers are known as liners or linerboard.
Increase in retail sector along with demand for ready to eat food items is expected to increase the demand for better packaging material. This will provide ample growth opportunity for the global corrugated board packaging market. Additionally, increasing internet shopping is also expected to increase the overall demand for corrugated board packaging.
Growing industrial activities, particularly in the manufacturing sector, requiring better packaging techniques to protect and transport goods is also expected to drive the global corrugated board packaging market. Additionally, increasing industrialization and expanding international trade in the developing countries, such as India, are expected to increase the market growth. Environmental concerns also acts as a driving force for the overall market.
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Requirement for environment friendly packaging material such as, paper boards which are degradable in nature would also increase the demand for corrugated board packaging technique.
Some of the major players operating in global corrugated board packaging market are I. Waterman (Box Makers) Ltd., Ariba & Company, Kashi Pack Care and Klingele Papierwerke GmbH & Co. KG.
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Key points covered in the report
Report segments the market on the basis of types, application, products, technology, etc (as applicable)
The report covers geographic segmentation
- North America
- Europe
- Asia
- RoW
- The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
- The report provides company profiles of some of the leading companies operating in the market
- The report also provides porters five forces analysis of the market.
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