Corrugated Boxes Market
Corrugated Boxes Market Size, Share & Trends Analysis Report by Type (Folding Boxes, Rigid Boxes, Slotted Boxes, and Telescope Boxes), by Box Layer (Single Wall Boards, Double Wall Boards, and Triple Wall Boards), and by End-User (Chemical, Electronic Goods, Food and Beverages, Home and Personal Care Goods, Textile Goods, and Others (Transport and Logistics)) Forecast Period (2024-2031)
Corrugated boxes market is anticipated to grow at a CAGR of 4.0% during the forecast period (2024-2031). Corrugated boxes are disposable containers whose sides are made up of layers of material that include an inside layer, outer layer, and middle layer. The middle layer is fluted, which means it is styled in rigid, wave-shaped arches that provide cushioning and support for weighted materials placed in a corrugated box.
Market Dynamics
Growing demand for sustainable packaging
A growing number of consumers are actively seeking brands that prioritize sustainability as they are more likely to choose products with eco-friendly packaging. With rising awareness of plastic pollution and its impact on ecosystems, consumers are increasingly concerned about the environmental footprint of packaging. This is where the demand for corrugated boxes rises because they are made primarily from recycled paper and cardboard, renewable resources. This shift in consumer behavior puts pressure on businesses to adopt sustainable practices. Corrugated boxes offer a clear advantage here, as they align with this growing demand for eco-friendly solutions. Furthermore, corrugated boxes provide a strong functional and sustainable combination that sets them apart from other alternative packaging materials, making them a good option for companies operating in an industry where environmental awareness is becoming more important.
Growing e-commerce market
Globally, expanding the e-commerce market is a key driver for the corrugated box industry. E-commerce relies on the safe delivery of products, and corrugated boxes excel at protecting a wide range of items during transit with their strong, customizable designs. They're also lightweight and economical to produce, leading to lower shipping costs for businesses. Additionally, corrugated boxes can be stacked efficiently for storage and easily scaled up or down as e-commerce businesses grow. Additionally, they offer branding and marketing potential through custom printing, and their sustainability credentials align with the growing preference for eco-friendly packaging, making them a perfect fit for the e-commerce landscape.
Market Segmentation
Our in-depth analysis of the global corrugated boxes market includes the following segments by type, box layer, and end-user:
- Based on type, the market is sub-segmented into folding boxes, rigid boxes, slotted boxes, and telescope boxes.
- Based on the box layer, the market is bifurcated into single-wall boards, double-wall boards, and triple-wall boards.
- Based on end-users, the market is augmented into chemical, electronic goods, food and beverages, home and personal care goods, textile goods, and others.
Folding Boxes is Projected to Emerge as the Largest Segment
Based on type, the global corrugated boxes market is sub-segmented into folding boxes, rigid boxes, slotted boxes, and telescope boxes. Among these, the folding boxes sub-segment is expected to hold the largest share of the market. The primary factor supporting the segment's growth includes the features it carries such as it can be designed in various shapes and sizes to accommodate a wide range of products, its folding design allows for efficient storage and transportation when empty, and is generally less expensive to produce compared to other corrugated box types like rigid boxes. Folding boxes often utilize a high percentage of recycled content, contributing to their overall sustainability profile.
Food and Beverages Sub-segment to Hold a Considerable Market Share
The food and beverage industry is a significant user of packaging solutions. In this industry, corrugated boxes are frequently used to guarantee the efficient and safe transportation of different food goods. The preference for food safety and quality preservation has led to the widespread use of corrugated packaging, which shields food from physical harm and the elements. Furthermore, corrugated packaging for the food and beverage industry is seeing a surge in customization and branding, which enables businesses to produce eye-catching and educational packaging designs. The corrugated box business continues to provide solutions that fulfill regulatory regulations, sustainability concerns, and the need for visually appealing packaging to meet the unique needs of the food and beverage sector.
Regional Outlook
The global corrugated boxes market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).
North American countries to invest in the corrugated boxes market
- The increased use of online shopping in the US along with sustainability concerns is driving the demand for corrugated boxes.
Global Corrugated Boxes Market Growth by Region 2024-2031
Asia-Pacific Holds Major Market Share
Among all the regions, Asia-Pacific holds a significant share owing to the presence of increased industrial production and consumer spending. Due to this expansion, corrugated boxes are becoming more and more popular as the preferred packing material across a range of businesses. With China and India at the forefront, the Asia-Pacific area is experiencing particularly robust e-commerce growth. The demand for corrugated boxes to ship and package online goods has increased as a result of this rise.
The Asia-Pacific region's fast urbanization and population growth are fueling consumer demand, which raises the requirement for corrugated boxes for packing and shipping. Due to their recyclability and use of renewable resources, corrugated boxes are regarded as an environmentally beneficial alternative that appeals to consumers and businesses in the Asia-Pacific area that are looking for sustainable packaging options.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the global corrugated boxes market include International Paper, DS Smith, Koch Industries, Inc., Mondi plc, and Nine Dragons Paper, among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in August 2022, B2B Industrial Packaging, a GenNx360 company, announced the acquisition of Springfield Corrugated Box, Inc. Through this acquisition, the company will be able to better serve long-standing Springfield Corrugated Box clients and give existing East Coast clients access to greater resources.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global corrugated boxes market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. DS Smith
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Koch Industries, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. International Paper
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Mondi plc.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
4. Market Segmentation
4.1. Global Corrugated Boxes Market by Type
4.1.1. Folding Boxes
4.1.2. Rigid Boxes
4.1.3. Slotted Boxes
4.1.4. Telescope Boxes
4.2. Global Corrugated Boxes Market by Box Layer
4.2.1. Single Wall Boards
4.2.2. Double Wall Boards
4.2.3. Triple Wall Boards
4.3. Global Corrugated Boxes Market by End-User
4.3.1. Chemicals
4.3.2. Electronic Goods
4.3.3. Food and Beverages
4.3.4. Home and Personal Care Goods
4.3.5. Textile Goods
4.3.6. Others (Transport and Logistics)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East and Africa
6. Company Profiles
6.1. Acme Corrugated Box Co., Inc.
6.2. Cascades, Inc.
6.3. Great Little Box Company Ltd.
6.4. Lee & Man Paper
6.5. Nine Dragons Paper Holding Ltd.
6.6. Neway Packaging Corporation
6.7. Oji Holdings Corporation
6.8. Packaging Corporation of America
6.9. Pratt Industries, Inc.
6.10. Packagingbee
6.11. Rengo Co., Ltd.
6.12. Smurfit Kappa Group
6.13. stora Enso Oyj
6.14. Sealed Air Corporation
6.15. Tat Seng Packaging Group Ltd.
6.16. WestRock Co.
6.17. Wertheimer Box Corp.
1. GLOBAL CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
2. GLOBAL FOLDING CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL RIGID CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL SLOTTED CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL TELESCOPE CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)GLOBAL CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY BOX LAYER, 2023-2031 ($ MILLION)
6. GLOBAL SINGLE WALL BOARDS CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
7. GLOBAL DOUBLE WALL BOARDS CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL TRIPLE WALL BOARDS CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
9. GLOBAL CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
10. GLOBAL CORRUGATED BOXES FOR CHEMICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. GLOBAL CORRUGATED BOXES FOR ELECTRONIC GOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL CORRUGATED BOXES FOR FOOD AND BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. GLOBAL CORRUGATED BOXES FOR HOME AND PERSONAL CARE GOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
14. GLOBAL CORRUGATED BOXES FOR TEXTILE GOODS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
15. GLOBAL CORRUGATED BOXES FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)GLOBAL CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
16. NORTH AMERICAN CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
17. NORTH AMERICAN CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
18. NORTH AMERICAN CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY BOX LAYER, 2023-2031 ($ MILLION)
19. NORTH AMERICAN CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
20. EUROPEAN CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
21. EUROPEAN CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
22. EUROPEAN CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY BOX LAYER, 2023-2031 ($ MILLION)
23. EUROPEAN CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
24. ASIA-PACIFIC CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
25. ASIA-PACIFIC CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
26. ASIA-PACIFIC CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY BOX LAYER, 2023-2031 ($ MILLION)
27. ASIA-PACIFIC CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
28. REST OF THE WORLD CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
29. REST OF THE WORLD CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
30. REST OF THE WORLD CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY BOX LAYER, 2023-2031 ($ MILLION)
31. REST OF THE WORLD CORRUGATED BOXES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
1. GLOBAL CORRUGATED BOXES MARKET SHARE BY TYPE, 2023 VS 2031 (%)
2. GLOBAL FOLDING CORRUGATED BOXES MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL RIGID CORRUGATED BOXES MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL SLOTTED CORRUGATED BOXES MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL TELESCOPE CORRUGATED BOXES MARKET SHARE BY REGION, 2023 VS 2031 (%)
6. GLOBAL CORRUGATED BOXES MARKET SHARE BY BOX LAYER, 2023 VS 2031 (%)
7. GLOBAL SINGLE WALL BOARDS CORRUGATED BOXES MARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL DOUBLE WALL BOARDS CORRUGATED BOXES MARKET SHARE BY REGION, 2023 VS 2031 (%)
9. GLOBAL TRIPLE WALL BOARDS CORRUGATED BOXES MARKET SHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL CORRUGATED BOXES MARKET SHARE BY END-USER, 2023 VS 2031 (%)
11. GLOBAL CORRUGATED BOXES FOR CHEMICALS MARKET SHARE BY REGION, 2023 VS 2031 (%)
12. GLOBAL CORRUGATED BOXES FOR ELECTRONIC GOODS MARKET SHARE BY REGION, 2023 VS 2031 (%)
13. GLOBAL CORRUGATED BOXES FOR FOOD AND BEVERAGES MARKET SHARE BY REGION, 2023 VS 2031 (%)
14. GLOBAL CORRUGATED BOXES FOR HOME AND PERSONAL CARE GOODS MARKET SHARE BY REGION, 2023 VS 2031 (%)
15. GLOBAL CORRUGATED BOXES FOR TEXTILE GOODS MARKET SHARE BY REGION, 2023 VS 2031 (%)
16. GLOBAL CORRUGATED BOXES FOR OTHERS MARKET SHARE BY REGION, 2023 VS 2031 (%)
17. GLOBAL CORRUGATED BOXES MARKET SHARE BY REGION, 2023 VS 2031 (%)
18. US CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
19. CANADA CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
20. UK CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
21. FRANCE CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
22. GERMANY CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
23. ITALY CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
24. SPAIN CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
25. REST OF EUROPE CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
26. INDIA CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
27. CHINA CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
28. JAPAN CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
29. SOUTH KOREA CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
30. REST OF ASIA-PACIFIC CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
31. LATIN AMERICA CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
32. MIDDLE EAST AND AFRICA CORRUGATED BOXES MARKET SIZE, 2023-2031 ($ MILLION)
