Corrugated packaging is a paperboard-based packaging. The corrugated board is made up of a combination of two sheets of liners, which are glued to an inner supporting medium called fluting. These layers of paper together gives the overall product a better strength than that of individual layer. The corrugated board is converted into different kind of packaging products for various end-use industries such as ecommerce, electrical & electronics, logistics & transportation, personal care & cosmetics, and food & beverages among others.
Market Dynamics
On the basis of end use, corrugated packaging market is segmented into electronics and electrical, home care products, food & beverages, personal care products, transportation & logistics, and healthcare among others. In 2018, transportation & logistics segment held the largest revenue share in the global corrugated packaging market accounting for around 28.0% in terms of revenue. Corrugated board can be crafted into any shape and size to form corrugated packaging based on the application.
Among regions, in 2018, Asia Pacific held dominant position in the global corrugated packaging market and accounted for a revenue share of 46.5% in the global market. Growing ecommerce sector is increasing demand for corrugated packaging.
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Detailed Segmentation:
• Global Corrugated Packaging Market, By Board Style:
◦ Single Face
◦ Single Wall
◦ Double Wall
◦ Triple Wall
• Global Corrugated Packaging Market, By Product Type:
◦ Boxes
▪ Slotted Boxes
▪ Telescope Boxes
▪ Rigid Boxes
▪ Folder Boxes
◦ Crates
◦ Octabins
◦ Pallets
◦ Others
Key players in corrugated packaging market
• Major players operating in the global corrugated packaging market include International Paper Company, West Rock Company, DS Smith Packaging Limited, Mondi Group, Nefab Group, Georgia-Pacific, Smurfit Kappa, Stora Enso, Packaging Corporation of America, and Graphic Packaging International, LLC.
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