Press Release

Global Corrugated Boxes Market to Grow at a CAGR of 4.7% During 2024-2032, Aided by the Growing Demand from the E-commerce Sector

Global Corrugated Boxes Market

According to a new report by EMR titled, ‘Global Corrugated Boxes Market Report and Forecast 2024-2032’, the market attained a value of nearly USD 245.28 billion in 2023. The market is further estimated to grow at a CAGR of 4.7% in the forecast period of 2024-2032 to reach USD 371.82 billion by 2032.

The growing commercialisation and the increasing consumer goods demand, along with a surge in online shopping, are driving the corrugated boxes market growth. The expansion of industries like e-commerce, personal care, food and beverage, amongst others, is fueling a heightened need for corrugated boxes for packaging. The rise of direct-to-consumer models has particularly boosted the demand for sturdy and protective corrugated packaging. The surge in online shopping from popular websites like Amazon (NASDAQ: AMZN) has led to an increased demand for corrugated boxes as they serve as an ideal packaging choice for shipping goods to prevent damage and ensure enhanced protection.


In addition, with increasing environmental awareness, there is a growing preference for sustainable and eco-friendly packaging solutions. Corrugated boxes, being recyclable and made from renewable materials, align with the growing trend of sustainable packaging practices.


Further, with increasing demand trend in encouraging companies to expand facilities. For instance, in October 2023, Visy inaugurated a new corrugated cardboard box facility in Australia. The company invested USD 111 million, with a capacity to manufacture up to one million boxes per day. Furthermore, the rising research and developments in the innovation of corrugated boxes are giving rise to advanced and stronger boxes. In December 2023, Boxery, launched an advanced corrugated shipping boxes line specially designed for e-commerce efficiency.


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Market Breakup by Material, End Use, and Region:

  • The market is segmented based on material into recycled corrugates and virgin corrugates.
  • Based on end use, the market can be divided into food products and beverages, paper products, electrical and electronic goods, personal care and household goods, chemicals, glassware and ceramics, textile goods, and others.
  • Region-wise, the global market for corrugated boxes can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.


Key Findings of the Report:

  • The global market for corrugated boxes is being driven by the growing popularity of online shopping and the expanding e-commerce sector especially in emerging nations.
  • The attributes of corrugated boxes, including their durability, ability to ensure secure transportation of goods, lightweight, and  sustainable nature are supporting their use across diverse sectors including food and beverages and personal care.
  • Companies are increasingly focusing on catching up with sustainability trends and are thus increasing their utilisation of corrugated boxes made from recycled content to reduce their carbon footprint and promote sustainable development.


Key Offerings of the Report:

  • The EMR report gives an overview of the global corrugated boxes market for the periods (2018-2023) and (2024-2032).
  • The report also offers historical (2018-2023) and forecast (2024-2032) market information for the material, end use, and major regions of corrugated boxes.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.


The major players in the corrugated boxes market are International Paper Company, Nine Dragons Paper (Holdings) Limited, WestRock Company, Smurfit Kappa Group plc, and Rengo Co., Ltd. amongst others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.


Key Highlights of the Report

Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Material
  • End Use
  • Region
Breakup by Material
  • Recycled Corrugates
  • Virgin Corrugates
Breakup by End Use
  • Food Products and Beverages
  • Paper Products
  • Electrical and Electronic Goods
  • Personal Care and Household Goods
  • Chemicals
  • Glassware and Ceramics
  • Textile Goods
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • International Paper Company
  • Nine Dragons Paper (Holdings) Limited
  • WestRock Company
  • Smurfit Kappa Group plc
  • Rengo Co., Ltd.
  • Others


About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.


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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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