DUBLIN--(BUSINESS WIRE)--The "Corrugated Packaging Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
Global corrugated packaging market is projected to witness a compound annual growth rate of 3.82% during the forecast period to reach a total market size of US$336.26 billion by 2023, increasing from US$268.50 billion in 2017.
The corrugated packaging market is expected to face a boost in sales in next five years due to the surge in its demand in various end-user industries, such as consumer durables, medicines, petroleum, rubber, and others.
Various factors responsible for higher demand of corrugated boxes and packaging in end user industries are rising demand for consumer products along with rising global population, emerging e-commerce stores, wider acceptance of corrugated packaging by manufacturers among others. However, high tendency to deform along with a low degree of durability and strength are certain factors expected to hinder demand for corrugated packing during the forecast period.
The major players discussed in this report include
- Mondi Group Plc.
- International Paper Company
- WestRock Company
- DS Smith Plc.
- Smurfit Kappa Group
- Rengo Co. Ltd.
- KapStone Paper and Packaging Corporation
- Cascades Inc.
- Packaging Corporation of America
- WestRock Company
- Georgia-Pacific
Segmentation
By Corrugated Box Type
- Rigid Box
- Slotted Box
- Folder Box
- Others
By Application
- Food & Beverages
- Electronic Goods
- Home & Personal Care Goods
- Chemicals
- Textile Goods
- Glassware & Ceramics
- Paper Products
- Others
Competitive Intelligence
- Market Share Analysis
- Strategies of Key Players
- Recent Investments and Deals
For more information about this report visit https://www.researchandmarkets.com/research/s3z5gl/268_billion?w=4
