Corrugated Packaging Market to be Spurred by Increasing Promotion of Cost-Effective, Green, and Eco-Friendly Packaging


  • Published On : May 11, 2015
Expanding population, coupled with increasing per capita income, is stimulating industrial production around the world, which is expanding shipping volume around the world. Due to low expense and ease of handling, corrugated packaging is considered perfect for shipments in various commercial enterprises. In terms of application, corrugated packaging is utilized in various shapes such as sheets, liner board, boxes, and containerboards. In terms of dimensions of the packaging medium, corrugated packaging has classifications such as A-flute, B-flute, C-flute, E-flute, and F-flute.

The global corrugated packaging market is expected to expand at a CAGR of 4.0% between 2014 and 2020, to reach an estimated US$173.6 million by 2020.

Secondary Shipping Applications to Lead Demand from Global Corrugated Packaging Market

The various application industries that use corrugated packaging include processed food, fresh food and produce, beverages, personal and household care, chemicals, paper products, electrical and electronic goods, glassware and ceramics, and tobacco.

Secondary shipping is the major application area for corrugated packaging where it imparts the highest protection at lower prices as compared to other packaging types. Corrugated packaging is also used for primary packaging such as for consumer electronic products. The graphics on corrugated packaging are printed on paper, which is then laminated onto the corrugated material. The process is termed as litho lamination or litho-lam. Corrugated retail display stands are gaining popularity in retail stores, especially in low-budget product promotions.

Corrugated Packaging: Developing End Users, Growth of E-commerce Propels Global Market

The increasing concern of various governments about green and eco-friendly packaging is driving the worldwide corrugated packaging market. Corrugated boxes, because of their adaptable shapes, find application in multiple industries. They can be cut and folded into a number of shapes and sizes to fit unique packaging requirements. The packaging can be balanced by measurement and transportation thickness. Aside from being a method of product packaging, the corrugated package likewise serves as a stand-up display for brand promotion at shopping stores, as they can be adorned with high-effect graphics. 

The corrugated packaging market is flourishing for the most part because of developing end-use commercial enterprises, including pharmaceutical, food, consumer goods, petroleum, and rubber. Advantages connected with corrugated packaging, such as sustainability and cost-effectiveness make it the favored method of packaging in numerous commercial enterprises. Developing markets offer enormous growth opportunities for the corrugated packaging market because of the expanding affluent population and increasing demand for customer products. The e-commerce sector has developed into one of the major drivers of the worldwide corrugated packaging market.

Corrugated Packaging: The Major Restraints

Presently, corrugated packaging is considered the most economical packaging solution. However, its low durability and high propensity for distortion limits its area of use. Corrugated packaging is ideally suited for products having a certain weight range, beyond which it is not a good packaging medium. This restricts its utilization to a set number of industries. High humidity diminishes the compression strength of corrugated boxes, particularly that of reused corrugated boxes. Corrugated packaging also needs protection from fluids and sparks.

The corrugated packaging market, based on geography, is segmented into North America, Europe, Asia Pacific, and Rest of the world (RoW). China, Japan, India, and Indonesia are the dominant producers of corrugated packaging material in Asia Pacific. The U.S. drives the corrugated packaging material production in North America while the Europe market is ruled by Italy, France, Germany, Spain, the U.K., and Poland. Brazil and Turkey feature in the main corrugated packaging material producers in Rest of the World (RoW).

Some of the key vendors in the global corrugated packaging market include International Paper Company, Nine Dragons Paper (Holdings) Limited, Rock-Tenn Company, Smurfit Kappa Group, Lee & Man Paper Manufacturing Ltd., Georgia-Pacific Equity Holdings LLC, Oji Holdings Corporation, Mondi Group, Packaging Corporation of America, and DS Smith Plc.

Browse the full Global Corrugated Packaging Market report at http://www.persistencemarketresearch.com/market-research/corrugated-packaging-market.asp
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