The global corrugated packaging market was valued at $150.1 billion in 2014, and it is expected to grow at a CAGR of 4.6% during the forecast period 2015 – 2020. The global corrugated packaging market is increasing due to booming E-commerce, along with the increasing industrial production in the developing countries. The increasing urbanization and growing disposable income are further encouraging the growth of non-durable consumer goods, which in turn is up surging the growth of the corrugated packaging market.
The corrugated packaging market by application covers corrugated packaging for processed food, personal and household care products, beverages, electrical and electronic goods, chemicals, glassware and ceramics, fresh food and produce, paper products, tobacco, and others. The others application market for corrugated packaging includes furniture, footwear, and apparel.
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The emerging market in Latin America and Asia-Pacific offers significant growth opportunity for the corrugated packaging market. Large population, along with growing consumer awareness towards health and environment has increased the market penetration of corrugated packaging in the non-durable products segment. The growth of e-commerce in China, India, and Brazil has boosted the demand of corrugated packaging material in the recent years. With many new international e-commerce players entering the developing countries, the market for e-commerce is expected to increase further during the forecast period. However, limitation of corrugated materials, such as low strength, low durability, and very low water resistance properties, are hindering the growth of the corrugated packaging market. The global corrugated packaging market is going through number of mergers and acquisitions, which indicates strong sustainability in the corrugated packaging market.
The research offers corrugated packaging market size and market forecast for the period 2011 to 2020. The market breakdown is mentioned below:
GLOBAL MARKET BREAKDOWN
- By Application – Processed Food, Personal and Household Care, Beverages, Electrical and Electronics Goods, Chemicals, Glassware and Ceramics, Fresh Food and Produce, Paper Products, Tobacco, Others
- By Region – North America, Europe, Asia-Pacific and Rest of The World
GLOBAL MARKET BREAKDOWN BY APPLICATION
- Processed food corrugated packaging market breakdown by geography
- Personnel care and household products corrugated packaging market breakdown by geography
- Beverages corrugated packaging market breakdown by geography
- Electrical and electronics goods corrugated packaging market breakdown by geography
- Chemicals corrugated packaging market breakdown by geography
- Glassware and ceramics corrugated packaging market breakdown by geography
- Fresh food and produce corrugated packaging market breakdown by geography
- Paper products corrugated packaging market breakdown by geography
- Tobacco corrugated packaging market breakdown by geography
- Others corrugated packaging market breakdown by geography
GLOBAL MARKET BREAKDOWN BY GEOGRAPHY
North America Market Breakdown
- North America market breakdown by country – The U.S., Canada, and Rest of North America
Europe Market Breakdown
- Europe market breakdown by country – Germany, The U.K., France, Italy, Spain and Rest of Europe
Asia-Pacific Market Breakdown
- Asia-Pacific market breakdown by country – China, Japan, South Korea, India and Rest of Asia-Pacific
Rest of The World Market Breakdown
- Rest of the World (ROW) market breakdown by country – Brazil and Rest of ROW
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