The competitive analysis of the major market players studied in the Corrugated Board Packaging report, assists businesses take better moves for improving their product and sales. The report contains the details about market analysis, market definition, market segmentation, key development areas, competitive analysis and research methodology. This Corrugated Board Packaging market report delivers the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2020-2027. All statistical and numerical information given in the report is symbolized with the help of graphs and charts which facilitates the understanding of facts and figures.
Global Corrugated Board Packaging Market is expected to rise from its initial estimated value of USD in 2018 to an estimated value of USD 250.98 billion in 2018 to an estimated value of USD 350.14 billion by 2026, registering a CAGR of 4.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the demand for sustainable packaging methods.
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Global Corrugated Board Packaging Market, By Type (Single Faced, Single Wall, Twin Wall, Triple Wall), Applications (Personal & Home Care, Glassware & Ceramics, Food & Beverages, Paper Products, Textile Goods, Others), End-User (Food & Beverage, Electronics & Electrical Industry, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
Complete report on Global Corrugated Board Packaging Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Corrugated Board Packaging Market
Corrugated board packaging is an end product that utilizes corrugated fibreboard which is made with the help of gluing together flutes with the cardboard paper or a heavy paper. Corrugated board comes in differing strengths and sizes depending upon the requirements of the consumer. In single wall, a single flute is glued with cardboard paper, whereas in double wall ply two flutes are glued together along with a middle or intermediate sheet of paper. In tri-wall ply another sheet of flute and cardboard paper is added thus increasing the overall strength of the packing.
Key Questions Answered in Global Corrugated Board Packaging Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Corrugated Board Packaging Market in 2026?
- What are the key factors driving, Analysis by Applications and Countries Global Corrugated Board Packaging Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Corrugated Board Packaging Market?
- Who are Opportunities, Risk and Driving Force of Global Corrugated Board Packaging Market?
- Who are the opportunities and threats faced by the vendors in Global Corrugated Board Packaging Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Corrugated Board Packaging Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Waterman (Box Makers) Ltd.,
- Ariba & Company,
- Klingele Papierwerke GmbH & Co. KG,
- Smurfit Kappa,
- International Paper,
- Rengo Co.Ltd.,
- Sealed Air,
- NIPPON PAPER INDUSTRIES CO. LTD.,
- Amcor Limited,
- Cascades inc.,
- DS Smith
- SCG PACKAGING.
- Biodegradable nature of the materials used in the packaging amid concerns regarding the nature and environment is expected to act as a driver to the market growth
- Growing rate in preferences of consumption of convenience foods which holds the highest application area for corrugated board packaging is expected to act as a driver for the market growth
- Lower strength and lack of rigidity if faced with high pressure or load is expected to act as a restraint to the market growth
Key Developments in the Market:
- In February 2018, Thai Containers Group Co. Ltd.; joint venture between Rengo Co.Ltd. and SCG PACKAGING announced that they had completed the acquisition of 25% stake in Dyna Packs Co. Ltd. and Orient Containers Co. Ltd. and have been made into wholly owned subsidiaries of Thai Containers Group Co. Ltd.
- In August 2017, Cascades inc. announced that they are planning to construct a new containerboard packaging production plant situated in New Jersey, United States. The investment amounting up to USD 80 million will help expand the total production capacity of corrugated packaging products up to 2.4 billion square feet
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Global Corrugated Board Packaging Market is segmented on the basis of
Market Segmentations in Details:
- Single Faced
- Single Wall
- Twin Wall
- Triple Wall
- Personal & Home Care
- Glassware & Ceramics
- Food & Beverages
- Paper Products
- Textile Goods
- Food & Beverage
- Electronics & Electrical Industry
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Rest of South America
Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Competitive Analysis: Global Corrugated Board Packaging Market
Global corrugated board packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of corrugated board packaging market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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