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Corrugated Packaging Market Trend and Forecast Till 2032

Corrugated cardboard market is gaining popularity as an excellent packaging choice owing to its recyclability, cost-effectiveness, and low environmental footprint. Manufacturers of corrugated packaging material are therefore expected to witness robust growth, given the rise of eco-friendly corrugated board and sustainable packaging manufacturing amid the global e-commerce boom.

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Corrugated Packaging Market Trend and Forecast Till 2032

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  1. Corrugated Packaging Market Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2032

  2. Corrugated cardboard market is gaining popularity as an excellent packaging choice owing to its recyclability, cost-effectiveness, and low environmental footprint. Manufacturers of corrugated packaging material are therefore expected to witness robust growth, given the rise of eco-friendly corrugated board and sustainable packaging manufacturing amid the global e-commerce boom. • This factor is providing growth opportunities for suppliers of corrugated boards, which make up over 80% of the market. These factors, alongside the growing emphasis on the consumption of recyclable materials to comply with stringent packaging norms, will favor corrugated packaging market growth. • Some of the major players operating in the Corrugated Packaging Market are All Packaging Company, Mondi Group, Danhil de México, S.A. de C.V., International Paper, Westrock Company, DS Smith, Sultana Packaging, S.A. de C.V., Celulosa y Corrugados de Sonora. • In end-use industries like food and beverages, medical, and electronics, the need for suitable packaging solutions is increasing. In keeping with this, leading brands in these sectors are undertaking strategic initiatives like new product launches to quickly adapt to the changing consumer needs.

  3. The novel coronavirus pandemic has accelerated online grocery shopping activities, especially in the Central European region. To address the burgeoning demand for grocery delivery services, regional packaging companies are continuing to offer fit-for-purpose solutions. • For instance, in August 2021, UK-based Mondi announced the launch of a variety of corrugated shipping boxes for the online grocery sector in Central Europe. These packaging systems include Pick&ShipBox, designed to adapt to multiple packaging requirements; RecipeBox, developed for fresh produce and groceries; and the PantryBox, designed for carrier shipping. • These corrugated boxes were intended to allow retailers to deliver perishable foods and wine bottles in fit-for-purpose packaging. • The packaging industry is gaining remarkable momentum due to the expansion of direct-to-consumer brands operating in the food, consumer electronics, cosmetics, and fashion sectors. Several new-age digital-first brands are also deploying a D2C route and directly engaging with numerous digital shoppers. • According to data from JD Mart, Y-o-Y demand for scrap boxes, laminated boxes, die-cut boxes, and vegetable boxes increased by 200%, 700%, 540%, and 200% respectively in India. This, along with the rapidly expanding D2C sector, is asserting a positive influence on the demand for corrugated boxes in the region.

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  5. Latest Research Report Corrugated Packaging Market @ https://www.gminsights.com/industry-analysis/corrugated-packaging-market Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/5246 Request for customization @ https://www.gminsights.com/roc/5246

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