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Corrugated Box Packaging Market By Application (Food & Beverage, Automotive, Electronics, Health & Hygiene, Pharmaceuticals) – Growth, Future Prospects And Competitive Analysis, 2016 – 2024

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Published: | Report ID: 3613 | Report Format : PDF

Market Insights

This report, titled “Corrugated Box Packaging Market: Growth, Future Prospects, and Competitive Analysis, 2016–2024,” offers strategic insights into the trends in the corrugated box packaging market along with the market size and forecast for the duration of 2013–2024. The said research study incorporates an in-depth analysis of multiple market segments based on application and geographical distribution.

Nowadays, the packaging of a particular product is a key component in the overall product life cycle. The growing consumer preference for lightweight and convenient packaging is driving demand for advanced packaging solutions, which can be mitigated by tapping the organized retail sector.

Corrugated packaging material is made from recycled cardboard boxes, which are eco-friendly, resulting in significant adoption of corrugated box packaging among both food and non-food manufacturers across the globe. Basically, paperboard that is utilized for the manufacturing of corrugated box packaging is defined as “containerboard.” The corrugated box packaging market finds profound application for processed foods, fresh food and food products, beverages, personal and household care, chemicals, paper products, electrical goods, glassware and ceramics, wood and timber products, textiles, tobacco, transport, and others.

Based on application, the global corrugated box packaging market is segmented into food & beverage, automotive, electronics, health & hygiene, pharmaceuticals, and other consumer goods. This report presents the market size and forecast for all segments considered for the period 2013-2024 (US$ Mn), as well as their respective CAGRs for the forecast period 2016-2024 (value%).

In terms of geographical distribution, the global corrugated box packaging market is studied for five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary, for the global corrugated box packaging market. The report also includes tools to help readers with competitive mappings, such as competition assessment and appealing investment propositions. This study concludes with a company profile section. This section includes major information about the key companies engaged in the corrugated box packaging market.

Based on application, the global corrugated box packaging market is segmented as follows:

  • Food & Beverage
  • Automotive
  • Electronics
  • Health and Hygiene
  • Pharmaceuticals
  • Other Consumer Goods

Corrugated boxes are found in different combinations and styles and are thus used in both food and non-food applications. Among the aforementioned applications undertaken in the study, the food and beverage segment held the largest market share in 2015. Demand for efficient packaging solutions in food and beverage products is a key factor driving the corrugated box packaging market’s growth. By 2024, food and beverages are anticipated to remain dominant in terms of revenue contribution, followed by electronics and other consumer goods segments.

The electronics segment is anticipated to record the highest CAGR during the forecast period. Online shopping has gained momentum among consumers across the globe, which is a key factor fueling the demand for corrugated box packaging in the electronics segment. Furthermore, the global adoption of online shopping has resulted in the development of sustainable and convenient packaging that ensures product safety during transportation, ease of handling, and cost savings. Other consumer goods segments are expected to witness significant growth, especially in the Asia Pacific region, during the forecast period. Since the food and beverage industry and consumer goods are major contributors to the overall economy in the Asia Pacific region, the corrugated box packaging market is expected to grow significantly in the next five to six years.

For the purpose of this study, the global corrugated box packaging market is categorized into three segments:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

In 2015, North America was the leading market, followed by Asia Pacific and Europe. Asia Pacific and Europe collectively accounted for more than 50% of the market in terms of value. Corrugated box packaging market growth in Europe and North America is primarily driven by the demand for sustainable packaging among end-use industries coupled with new product launches catering to the increasing demand for corrugated box packaging, especially among electronics and consumer goods manufacturers.

However, growth is projected to be fastest in the Asia Pacific region during the forecast period of 2016 to 2024. Urbanization, a growing and aging population, the nuclear family concept, government intervention for the development of eco-friendly products, and other factors are driving the growth of the Asia Pacific corrugated box packaging market. The market for corrugated box packaging in Latin America is anticipated to record significant growth, followed by the Middle East and Africa.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Corrugated Box Packaging Market Snapshot
2.1.1. Global Corrugated Box Packaging Market by Application,2015
2.1.2. Global Corrugated Box Packaging Market by Geography,2015

3. Global Corrugated Box Packaging Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Drivers
3.4. Challenges
3.5. Future Prospects
3.6. Impact Analysis of Drivers and Challenges During the Forecast Period, (2016-2024)
3.7. Porter’s Five Force Analysis
3.7.1. Bargaining Power Of Suppliers
3.7.2. Bargaining Power Of Buyers
3.7.3. Threat Of Substitutes
3.7.4. Threat Of New Entrants
3.7.5. Industry Rivalry

4. Global Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
4.1. Overview
4.1.1. Market Share Analysis by Application, 2015 vs. 2024
4.1.2. Attractive Investment Proportion by Application
4.2. Food & Beverage
4.3. Automotive
4.4. Electronics
4.5. Health & Hygiene
4.6. Pharmaceuticals
4.7. Other Consumer Goods

5. Global Corrugated Box Packaging Market Size (US$), By Geography, 2013 – 2024
5.1. Overview
5.1.1. Market Share Analysis by Geography, 2015 vs. 2024
5.1.2. Attractive Investment Proportion by Geography
5.2. North America Corrugated Box Packaging Market Analysis, 2013 – 2024
5.2.1. North America Corrugated Box Packaging Market Size (US$), By Country, 2013 – 2024
5.2.1.1. U.S.
5.2.1.2. Canada
5.2.2. North America Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
5.2.2.1. Food & Beverage
5.2.2.2. Automotive
5.2.2.3. Electronics
5.2.2.4. Health & Hygiene
5.2.2.5. Pharmaceuticals
5.2.2.6. Other Consumer Goods
5.3. Europe Corrugated Box Packaging Market Analysis, 2013 – 2024
5.3.1. Europe Corrugated Box Packaging Market Size (US$), By Region, 2013 – 2024
5.3.1.1. E.U. 7
5.3.1.2. CIS
5.3.1.3. Rest of Europe
5.3.2. Europe Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
5.3.2.1. Food & Beverage
5.3.2.2. Automotive
5.3.2.3. Electronics
5.3.2.4. Health & Hygiene
5.3.2.5. Pharmaceuticals
5.3.2.6. Other Consumer Goods
5.4. Asia Pacific Corrugated Box Packaging Market Analysis , 2013 – 2024
5.4.1. Asia Pacific Corrugated Box Packaging Market Size (US$), By Country, 2013 – 2024
5.4.1.1. China
5.4.1.2. India
5.4.1.3. Japan
5.4.1.4. Rest of Asia Pacific
5.4.2. Asia Pacific Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
5.4.2.1. Food & Beverage
5.4.2.2. Automotive
5.4.2.3. Electronics
5.4.2.4. Health & Hygiene
5.4.2.5. Pharmaceuticals
5.4.2.6. Other Consumer Goods
5.5. Latin America Corrugated Box Packaging Market Analysis , 2013 – 2024
5.5.1. Latin America Corrugated Box Packaging Market Size (US$), By Country, 2013 – 2024
5.5.1.1. Brazil
5.5.1.2. Mexico
5.5.1.3. Rest of Latin America
5.5.2. Latin America Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
5.5.2.1. Food & Beverage
5.5.2.2. Automotive
5.5.2.3. Electronics
5.5.2.4. Health & Hygiene
5.5.2.5. Pharmaceuticals
5.5.2.6. Other Consumer Goods
5.6. Middle East & Africa (MEA) Corrugated Box Packaging Market Analysis , 2013 – 2024
5.6.1. MEA Corrugated Box Packaging Market Size (US$), By Region, 2013 – 2024
5.6.1.1. GCC
5.6.1.2. Rest of MEA
5.6.2. MEA Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
5.6.2.1. Food & Beverage
5.6.2.2. Automotive
5.6.2.3. Electronics
5.6.2.4. Health & Hygiene
5.6.2.5. Pharmaceuticals
5.6.2.6. Other Consumer Goods

6. Competitive Landscape
6.1. Competitive Dashboard
6.2. Company Profiles
6.2.1. Mondi Group
6.2.1.1. Business Description
6.2.1.2. Financial Information
6.2.1.3. Product Portfolio
6.2.1.4. Key Developments
6.2.2. International Paper Company
6.2.3. Nine Dragons Paper (Holdings) Limited
6.2.4. Rock-Tenn Company
6.2.5. Smurfit Kappa Group
6.2.6. Packaging Corporation of America
6.2.7. Oji Holdings Corporation
6.2.8. DS Smith Plc.
6.2.9. Georgia-Pacific Equity Holdings LLC
6.2.10. Lee & Man Paper Manufacturing Ltd.

 

List of Figures

FIG. 1 Global Corrugated Box Packaging Market Segmentation
FIG. 2 Global Corrugated Box Packaging Market: Research Methodology
FIG. 3 Market Positioning of Key Corrugated Box Packaging Companies, 2015
FIG. 4 Global Corrugated Box Packaging Market Size (US$), By Application, 2015
FIG. 5 Global Corrugated Box Packaging Market Size (US$), By Food and Beverage, 2013 – 2024
FIG. 6 Global Corrugated Box Packaging Market Size (US$), By Automotive, 2013 – 2024
FIG. 7 Global Corrugated Box Packaging Market Size (US$), By Electronics, 2013 – 2024
FIG. 8 Global Corrugated Box Packaging Market Size (US$), By Health & Hygiene, 2013 – 2024
FIG. 9 Global Corrugated Box Packaging Market Size (US$), By Pharmaceuticals, 2013 – 2024
FIG. 10 Global Corrugated Box Packaging Market Size (US$), By Other Consumer Goods, 2013 – 2024
FIG. 11 Global Corrugated Box Packaging Market Size (US$), By Regions, 2015 & 2023
FIG. 12 North America Corrugated Box Packaging Market Size (US$), 2013 – 2024
FIG. 13 Europe Corrugated Box Packaging Market Size (US$), 2013 – 2024
FIG. 14 Asia Pacific Corrugated Box Packaging Market Size (US$), 2013 – 2024
FIG. 15 Latin America (LATAM) Corrugated Box Packaging Market Size (US$), 2013 – 2024
FIG. 16 Middle East and Africa Corrugated Box Packaging Market Size (US$), 2013 – 2024

List of Tables

TABLE 1 Market Snapshot: Global Corrugated Box Packaging Market
TABLE 2 North America Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 3 U.S. Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 4 Canada Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 5 Europe Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 6 Germany Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 7 France Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 8 Italy Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 9 U.K. Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 10 Russia Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 11 Rest of Europe Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 12 Asia Pacific Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 13 India Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 14 China Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 15 Japan Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 16 Rest of Asia Pacific Corrugated Box Packaging Market Size (US$), By Application,
2013 – 2024
TABLE 17 Latin America Corrugated Box Packaging Market Size (US$), By Application,
2013 – 2024
TABLE 18 Brazil Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 19 Mexico Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 20 Rest of Latin America Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 21 MEA Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 22 GCC Countries Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 23 South Africa Corrugated Box Packaging Market Size (US$), By Application, 2013 – 2024
TABLE 24 Mondi Group: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 25 International Paper Company: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 26 Nine Dragons Paper (Holdings) Limited: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 27 WestRock Company: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 28 Smurfit Kappa Group: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 29 Packaging Corporation of America: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 30 Oji Holdings Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 31 DS Smith Plc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 32 Georgia-Pacific Equity Holdings LLC: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 33 Lee & Man Paper Manufacturing Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)

Frequently Asked Questions:

What is the size of Corrugated Box Packaging Market?

The market for Corrugated Box Packaging Market is expected to reach US$ 210.9 Bn By 2024.

What is the Corrugated Box Packaging Market CAGR?

The Corrugated Box Packaging Market is expected to see significant CAGR growth over the coming years, at 4.6%

What is the Forecast period considered for Corrugated Box Packaging Market?

The report is forecasted from 2016-2024.

What is the base year considered for Corrugated Box Packaging Market?

The base year of this report is 2015.

Who are the major players in this market?

Georgia-Pacific Equity Holdings LLC, Lee & Man Paper Manufacturing Ltd. Oji Holdings Corporation, Rock-Tenn Company are some of the major players in the global market.

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