LONDON--(BUSINESS WIRE)--The corrugated box market is expected to grow by 465.53 billion sq ft during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the corrugated box market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through Response, Recovery, and Renew phases. Download a Free Sample Report on COVID-19
The corrugated box market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure. Click here
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Corrugated Box Market Participants:
Amcor Plc
Amcor Plc operates its business through segments such as Flexibles and Rigid Packaging. The company provides specialty cartons for corrugated boxes.
BillerudKorsnas AB
BillerudKorsnas AB offers fluting and liners for corrugated boxes.
DS Smith Plc
DS Smith Plc operates its business through segments such as Packaging, Paper, and Recycling. The company offers innovative packaging for corrugated boxes.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technvaio.com/report/corrugated-box-market-industry-analysis
Corrugated Box Market 2020-2024: Segmentation
Corrugated box market is segmented as below:
-
End-user
- Food And Beverage Products
- Non-durable Products
- Durable And Other Products
-
Geography
- APAC
- North America
- Europe
- South America
-
MEA
The corrugated box market is driven by the expansion of the online retail market. In addition, other factors such as augmented market consolidation are expected to trigger the corrugated box market toward witnessing a CAGR of over 4% during the forecast period.
Get more insights about the global trends impacting the future of the corrugated box market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR41051
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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