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Corrugated cardboard boxes are recognised as the backbone of the e-commerce supply chain. The market constantly works with brand owners and consumer packaged goods (CPG) customers to alter box sizes and print high-quality graphics to enhance the purchaser’s in-home experience and communicate brand values.
Corrugated boxes produced from corrugated paperboard components can be made from either virgin or recycled wood fibres. The use of recycled wood fibres is increasing as it is considerably cheaper and reduces waste disposal to landfills, aiding in the process of reducing environmental degradation.
The low cost of labour and tools required to manufacture the boxes reduces the manufacturing costs, while the boxes’ lightweight keeps shipping costs lower. The ability to use corrugated boxes for various purposes such as storage, shipping, and advertising also enhances their reusability, as they can be folded back up and stored away to be used later in homes, offices, and stores.
Corrugated Boxes Market Trends
Corrugated Boxes Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of USD 245.28 billion in 2023.
The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.7%.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 371.82 billion by 2032.
The different materials used for corrugated boxes include recycled corrugates and virgin corrugates.
The key regional markets for corrugated boxes are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses include food products and beverages, personal care and household goods, electrical and electronic goods, paper products, textile goods, glassware and ceramics, chemicals, and others.
The factors driving the market include increasing e-commerce purchases, rising technological improvements, and a growing inclination towards sustainable packaging.
The key players in the market include International Paper Company, Nine Dragons Paper (Holdings) Limited, Smurfit Kappa Group plc, Westrock Company, and Rengo Co., Ltd, among others.
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