Corrugated boxes are the paper-based boxes that are used for the packaging of industrial and consumer goods. They play a significant role in the packaging and distribution chain management. The corrugated boxes are flexible, durable, lightweight, easy to customize, and are highly cost-effective. They are used for the packaging of electronic items, soaps & cosmetics, crockery, automobile components, pharmaceuticals, and other types of products. These boxes are made up of 70-100% recycled material and are environment-friendly since they are manufactured without the use of any harmful chemicals.

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The major factors driving the growth of the global corrugated box market include the strong demand for electronic goods and food & beverage goods and the rising spending on the packaged products by the consumers across the globe. The continuous expansion in e-commerce industries is creating immense growth opportunities for the global corrugated boxes market. Moreover, the increasing consumer awareness regarding the adoption of sustainable packaging solutions and rising demand for packaging in various end-users such as home & personal care goods, textile goods, and paper-based products will further enhance the growth of the global corrugated box market. In parallel, the rapid increase in disposable income, followed by the drastic change in the lifestyle of the consumers, will further energize the growth of the market. Various governments have been launching initiatives to promote the adoption of sustainable packaging solutions and to support the recycling of paper packaged products. This will encourage the manufacturers to opt for corrugated boxes in order to become more environment-friendly. However, on the other hand, the fluctuations in the prices of the raw material and the easy availability of cheap substitutes are likely to hamper the growth of the market.

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Based on the product type, the Slotted Boxes type is predicted to grow at a higher CAGR during the forecast period due to the strong demand for consumer durables and food & beverages among the population. Moreover, the slotted box’s remarkable properties, such as higher versatility to stack many products and easy handling feature, will further enhance the growth of the segment.

Based on the printing technology, the Flexographic Printing is expected to dominate the global corrugated box market attributed to its cost-effective feature and its accelerating adoption in printing technology for corrugated boxes. In addition to this, this type of printing is widely adopted for various applications, such as e-commerce and food & beverage industries.

Based on the end-use industry, the Food & Beverage end-user is projected to grow at a higher CAGR during the forecast period owing to the growing awareness of the safe packaging of the product among consumers and increasing demand for packaged & brand products. The corrugated boxes are widely used in the food & beverage industry as it provides better protection during transportation and uses safe packaging materials.

Based on the material, the linerboard material segment is expected to witness a higher CAGR over the forecast period. The linerboard material is a thick and rigid paper used in the external faces of the corrugated products. The linerboard is available in different thicknesses based on the weight, surface smoothness, and degree of rigidity. The linerboard includes the sheet of papers which glued to the medium corrugated boxes. All these properties and application of the linerboard material is attracting a large number of customers to the market in the coming years.

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Based on the region, the Asia-Pacific region is projected to illustrate a higher CAGR during the forecast period owing to the rapid economic development and easy availability of raw materials. Moreover, the availability of cheap labor for the packaging manufacturing industry will further enhance the market growth in this region. Emerging economies like India and China are the largest contributors to the growing demand for corrugated boxes due to the increasing disposable income and growing population rate in these nations. On the other hand, Europe is also expected to grow at a higher CAGR during the forecast period attributed to the strong demand for corrugated packaging, increasing paper prices, and high profitability margins in the manufacturing of corrugated boxes.

Various notable players operating in the market include Mondi PLC, International Paper Company, Westrock Company, Smurfit Kappa Group, Rengo Co. Ltd., Cascades Inc., DS Smith PLC, Packaging Corporation of America, Georgia-Pacific LLC, Kapstone Paper and Packaging Corporation, among others.

Key Developments:

• • In 2019, Rengo Co. Ltd acquired 80% of shares of Nishihara-Shigyo Co., Ltd. in Japan and worked as a subsidiary of Rengo Co. Ltd. The company will strengthen its corrugated packaging business through this acquisition.
  • In 2018, DS Smith PLC signed an agreement to acquire Corrugated Container Corporation (CCC) to expand packaging capacity in the North America region.
  • In 2018, Mondi PLC planned to invest €30 million in its Czech Corrugated Plant to increase production facility.

The global corrugated box market has been segmented on the basis of product type, printing ink, printing technology, material, End-Use Industry, and region. Based on product type, the market is segmented into slotted boxes, telescope boxes, rigid boxes, and folder boxes. Based on printing ink, the market is segmented into water-based ink, UV-curable based ink, solvent-based ink, and hot-melt-based ink. Based on printing technology, the market is segmented into digital printing, flexographic printing, lithography printing and others. Based on material, the market is segmented into linerboard, medium and others. Based on end-user, the market is segmented into food & beverage, electronic goods, home & personal care goods, chemicals, textile goods, paper products and others.

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Key questions answered in this research report:

• • At what pace is global Corrugated Boxes Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Corrugated Boxes Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Corrugated Boxes Market?
  • Which Product Type generated maximum revenues in 2019 and identify the most promising Product Type during the forecast period?
  • What are the various Printing Inks of global Corrugated Boxes Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Value (USD Million)
Market Segment	By Product Type, By Printing Ink, By Printing Technology, By Material, By End-Use Industry, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Mondi PLC, International Paper Company, Packaging Corporation of America, Westrock Company, DS Smith PLC, Smurfit Kappa Group, Rengo Co. Ltd., Cascades Inc., Georgia-Pacific LLC, Kapstone Paper and Packaging Corporation; A total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation:

Global Corrugated Boxes Market by Product Type

• • Slotted Boxes
    • Regular Slotted Containers (RSC)
    • Half Slotted Containers (HSC)
    • Full Overlap Slotted Boxes (FOL)
  • Telescope Boxes
    • Full Telescope Design Container
    • Half Telescope Design Container
  • Rigid Boxes
  • Folder Boxes
    • One Piece Folder
    • Five Panel Folder

Global Corrugated Boxes Market by Printing Ink

• • Water-based Ink
  • UV-curable based Ink
  • Solvent-based Ink
  • Hot-melt-based Ink

Global Corrugated Boxes Market by Printing Technology

• • Digital Printing
  • Flexographic Printing
  • Lithography Printing
  • Others

Global Corrugated Boxes Market by Material

• • Linerboard
  • Medium
  • Others

Global Corrugated Boxes Market by End-Use Industry

• • Food & Beverage
  • Electronic Goods
  • Home & Personal Care Goods
  • Chemicals
  • Textile goods
  • Paper products
  • Others

Global Corrugated Boxes Market by Region

• • North America Corrugated Boxes Market (Option 1: As a part of the free 25% customization)
    • North America Market by Product Type
    • North America Market by Printing Ink
    • North America Market by Printing Technology
    • North America Market by Material
    • North America Market by End-Use Industry
    • United States of America (US) Market All-Up
    • Canada Market All-Up
  • Europe Corrugated Boxes Market (Option 2: As a part of the free 25% customization)
    • Europe Market by Product Type
    • Europe Market by Printing Ink
    • Europe Market by Printing Technology
    • Europe Market by Material
    • Europe Market by End-Use Industry
    • United Kingdom (UK) Market All-Up
    • Germany All-Up Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Corrugated Boxes Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Product Type
    • Asia-Pacific Market by Printing Ink
    • Asia-Pacific Market by Printing Technology
    • Asia-Pacific Market by Material
    • Asia-Pacific Market by End-Use Industry
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Corrugated Boxes Market (Option 4: As a part of the free 25% customization)
    • RoW Market by Product Type
    • RoW Market by Printing Ink
    • RoW Market by Printing Technology
    • RoW Market by Material
    • RoW Market by End-Use Industry
    • Brazil Market All-Up
    • South Africa Corrugated Boxes Market All-Up
    • Saudi Arabia Corrugated Boxes Market All-Up
    • UAE Corrugated Boxes Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Corrugated Boxes Market All-Up

Major Players Operating the Corrugated Boxes (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Mondi PLC
  • International Paper Company
  • Westrock Company
  • DS Smith PLC
  • Smurfit Kappa Group
  • Rengo Co. Ltd.
  • Cascades Inc.
  • Packaging Corporation of America
  • Georgia-Pacific LLC
  • Kapstone Paper and Packaging Corporation