Global Corrugated Board Packaging Market was valued at USD 290.22 billion in 2019 which is expected to reach 336.25 billion by 2030 at a CAGR 5.20%.
Corrugated paper board is made from a combination of two fluted sheets of paper board to one or more flat sheets of linerboard. Flutes are the arches that are contained between the two linerboards. These arches provides strength to the corrugated construction q Corrugated paperboard is also known as corrugated fiberboard.
There are different types of corrugated board, based on flute sizes and profiles. This offers numerous combinations to create packaging with different performances and characteristics. Corrugated packaging products are porous to moisture and absorbs water. This factorreduces its stiffness and strength. q There are four types of corrugated board, single wall board, double wall board, triple wall board and single face board.
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Top Key Players/Manufacturers of Global Corrugated Board Packaging Market:
- Klingele Papierwerke GmbH & Co. KG., Ariba & Company, I. Waterman (Box Makers) Ltd.,and Kashi Pack Care
Global Corrugated Board Packaging Market Production Breakdown Data by Top Regional scope:
· NorthAmerica
· Asia Pacific
· Europe
· Latin America
· Middle East
By Drivers, Global Corrugated Board Packaging Market is Primarily split into:
- Increasing application of sustainable resources is one of the key areas which are highly concentrated by manufacturer and environmentalist across the world. This emphasizes the use of bio-degradable packaging materials among multinational fast-food companies and global retailers such as Albertsons, Costco, Krogers, Walmart, MC Donald’s, Starbucks, etc. These companies link up with multi-stakeholder (Environmental Defense Fund, WWF, etc), with an aim to lessen the environmental impact. Such international regulatory bodies recommend the essential changes in packaging materials, thus emphasizing to use paper and paperbased packaging products such as (Corrugated Board Packaging, folding cartons, bags & sacks, etc).
Market Trends:
· Established players in the corrugated board market are continuously trying to innovate in terms of new corrugated products. Companies manufacture innovative products to minimize the consumption of raw material without compromising on performance and quality. These lightweight flute Corrugated Board Packaging provide some measure of product protection by themselves and also the corrugations help enhances various properties of the board including strength, durability, weight, load bearing capacity, flexibility. This is the reason that Corrugated Board Packaging are more preferred over normal cardboard boxes. corrugated board is viewed as a sustainable packaging material.
By Types:
- Rigid Boxes
· Self-Erecting Boxes
· Telescope Boxes
· Slotted Boxes
· Others
By Construction:
- Single Wall
- Double Wall
- Triple Wall
By Applications:
· Personal Care
· Pharmaceuticals Food & Beverages
· Electronic Goods
· Others
·
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