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What is the projected market size & growth rate of the Corrugated Board Market?
Corrugated Board Market Analysis
According to the USDA, in 2023, U.S. consumers, businesses, and government entities spent USD 2.6 trillion on food and beverages. This expenditure on food and beverages in 2023 supports the growth of the corrugated board market as the demand for packaging materials in the food industry rises. Corrugated board is widely used for packaging food and beverages due to its durability, recyclability, and cost-effectiveness. With increased spending on food products, there is a corresponding rise in the need for efficient packaging solutions to protect and transport these goods, driving the demand for corrugated board in the market. Additionally, the increasing focus on eco-friendly packaging solutions is boosting the demand for corrugated boards, as they are made from renewable materials and are easily recyclable. Manufacturers are also innovating with advanced printing technologies, allowing for customizable designs and branding on packaging, further enhancing market demand.
Corrugated Board Market Size
Global corrugated board market size was valued at USD 108.75 billion in 2023 and is projected to reach USD 175.96 billion by 2031, with a CAGR of 6.20% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Corrugated Board market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Corrugated Board Market.
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Which are the driving factors of the Corrugated Board market?
The driving factors of the Corrugated Board market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Corrugated Board across various industries further propel market expansion.
Corrugated Board Market - Competitive and Segmentation Analysis:
Global Corrugated Board Market Segmentation, By Product (Single Face Board, Single Wall Board, Double Wall Board, and Triple Wall Board), Application (Retail, Food and Drink, Consumer Goods, Industrial, and Shipping and Handling), Flute Type (A-Flute, B-Flute, C-Flute, E-Flute, F-Flute, and Others), Board Style (Single Face, Single Wall, Double Wall, and Triple Wall) – Industry Trends and Forecast to 2031.
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Corrugated Board market?
- DS Smith (U.K.)
- International Paper (U.S.)
- Mondi (U.K.)
- Cascades Inc. (copyright)
- AMERICAN BOX COMPANY (U.S.)
- U.S. Corrugated, Inc. (U.S.)
- Georgia-Pacific (U.S.)
- Koch Industries Inc. (U.S.)
- Menasha Corporation (U.S.)
- Rengo Co., Ltd (Japan)
- Green Bay Packaging Inc. (U.S.)
- WestRock Company (U.S.)
- NIPPON PAPER INDUSTRIES CO., LTD. (Japan)
- Smurfit Kappa (Ireland)
- Stora Enso (Finland)
- Sonoco Products Company (U.S.)
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What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2025-2032) of the following regions are covered in Chapters
What are the key regions in the global Corrugated Board market?
- North America (United States, copyright and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Corrugated Board Market Research/Analysis Report Contains Answers to your following Questions
- What are the global trends in the Corrugated Board market?
- Would the market witness an increase or decline in the demand in the coming years?
- What is the estimated demand for different types of products in Corrugated Board?
- What are the upcoming industry applications and trends for Corrugated Board market?
- What Are Projections of Global Corrugated Board Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the factors contributing to the final price of Corrugated Board?
- What are the raw materials used for Corrugated Board manufacturing?
- How big is the opportunity for the Corrugated Board market?
- How will the increasing adoption of Corrugated Board for mining impact the growth rate of the overall market?
- How much is the global Corrugated Board market worth? What was the value of the market In 2024?
- Who are the major players operating in the Corrugated Board market? Which companies are the front runners?
- Which are the recent industry trends that can be implemented to generate additional revenue streams?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Corrugated Board Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Corrugated Board Market Insights and Forecast to 2032
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Overview
- Corrugated Board Market By Type
- Corrugated Board Market By Function
- Corrugated Board Market By Material
- Corrugated Board Market By End User
- Corrugated Board Market By Region
- Corrugated Board Market: Company Landscape
- SWOT Analysis
- Company Profiles
- Continued...
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Data Bridge Market Research:
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