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Corrugated Boxes Market Trends Size & Share - Recent Developments

Corrugated Boxes Market Industry Trends Size & Share - Recent Developments

KailashSuryawanshi
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Corrugated Boxes Market Trends Size & Share - Recent Developments

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  1. Corrugated Boxes Market worth $80.8 billion by 2026

  2. Scope of The Report The research report categorizes the Corrugated boxes Market to forecast the revenues and analyse the trends in each of the following subsegments : • Water-based • UV-curable • Hot melt-based • Solvent-based • Linerboard • Medium By Material By Printing Ink By Printing Technology • Digital • Flexography • Lithography And More…

  3. Key Segments & Report Highlights • Updated financial information/ product portfolio of players 1 2 • Updated market developments of profiled players Recent Market Developments 3 Coverage of new market players in the manufacturers of corrugated boxes market 4 5 • Coverage of impact of COVID-19 on corrugated boxes market

  4. Market Growth Rate COVID-19 impact on the Global Corrugated boxes Market Corrugated boxes Market: Market Dynamics Driver: Sustainability accompanied with increase in online shopping across Central & Eastern Europe to drive market Restraint: Significant competition from flexible plastic packaging Opportunity: Smurfit Kappa is incorporating digitalization in corrugated industry by developing a new range of paper Challenges: Adherence to environmental standards during production Slotted boxes is the largest type segment of the corrugated boxes market Linerboard is the largest material segment of the corrugated boxes market Water-based ink is the largest printing ink segment of the corrugated boxes market Flexography printing is the largest printing technology segment of the corrugated boxes market Food & beverages is the largest end-use industry segment of the corrugated boxes market APAC is the largest market for corrugated boxes market 2026 2021 Market Size of $67.6 Billion Market Size of $80.8 Billion

  5. Infographics Repots

  6. Key Vendors Vendors • Rengo Co., Ltd. (Japan) • Mondi Group (UK) • DS Smith (UK) • Smurfit Kappa Group (Ireland) • International Paper (US) View Report Here - https://www.marketsandmarkets.com/Market-Reports/corrugated-boxes-market-123154454.html

  7. Major Regions • North America • APAC • Europe • Latin America • MAE

  8. Recent Developments • In October 2021, Smurfit Kappa Group completed the acquisition of Verzuolo. As a result of this acquisition, the company converted the PM9 machine into a state-of-the-art 661,387-ton recycled containerboard machine in 2019. It complements the already existing and strategically located operational facilities near the port of Savona. This is expected to benefit the company as well as the customer base. • In September 2021, Rengo Co., Ltd. announced that its joint venture in Vietnam, Vina Kraft Paper Co., Ltd., has opted to build a new containerboard production site. Due to continued foreign direct investments, majorly in the export industry, and expanding domestic consumption, Vietnam's total annual demand for containerboard was over three million tons in 2019. Vina Kraft Paper is expected to firmly establish itself as a market leader in the Vietnam containerboard sector, with the newly constructed mill aiming for long-term development and expansion. It is also expected to boost Vietnam's local integrated containerboard to corrugated box production system. • In September 2021, the Mondi Group expanded by installing new equipment at its corrugated box production plant in Szczecin, Poland. This expansion aims at expanding the company’s packaging portfolio and enhance production processes. This expansion is expected to further strengthen the company's presence as a preferred e-commerce packaging supplier to the growing European markets. • In August 2021, DS Smith developed a completely recyclable e-commerce packaging for BlaueHelden. This sustainably developed e-commerce packaging from DS Smith imparts the environment-friendly cleaning tabs from BlaueHelden, an enhanced appearance catering to online retail, with 100% corrugated cardboard and no plastic filling material at all. • In March 2021, International Paper completed the purchase of two state-of-the-art corrugated box plants in Spain. This purchase will enhance the capabilities of the company in Madrid and Catalonia. Corrugated packaging business is of strategic importance to the company with respect to the EMEA. It offers its customers high-quality packaging solutions in the industrial, fresh fruits and vegetables, and e-commerce segments. The two businesses have been the part of International Paper from April 1, 2021.

  9. Research Coverage The corrugated boxes market has been segmented based on process, end-use sector, and region. This report covers the corrugated boxes market and forecasts its market size until 2026. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the corrugated boxes market. The report also provides insights into the drivers and restraints in the corrugated boxes market along with opportunities and challenges. The report also includes profiles of top manufacturers in the corrugated boxes market.

  10. Key Benefits of Buying the Report • This report segments the corrugated boxes market and provides the closest approximations of revenue numbers for the overall market and its segments across different verticals and regions. • This report is expected to help stakeholders understand the pulse of the corrugated boxes market and provide information on key market drivers, restraints, challenges, and opportunities influencing the market growth. • This report is expected to help stakeholders obtain an in-depth understanding of the competitive landscape of the corrugated boxes market and gain insights to improve the position of their businesses. The competitive landscape section includes detailed information on strategies, such as merger & acquisition, new product developments, expansions, and collaborations.

  11. MarketsandMarkets’ Value Proposition How are we different? • Most-detailed market segmentation in industry • In-depth analysis of patents & profiles of key market players providing a competitive landscape • Market data for segments such as technologies, services & applications across geographies • High level analysis of major market segments and identification of opportunities

  12. MarketsandMarkets’ Delivery Model Here's how we can help you... • Research coverage can be a wide range in varied or niche categories in the published data or custom-made as per client's projects • Assess New Product Development from inception to launch • Optimize investments in established brands and recommend new approaches in global territories • Discover potential in new geographical markets and analyze how to successfully expand into them • Analyze the Challenges, Opportunities, Market structures, Drivers and Competitive Landscape

  13. MarketsandMarkets’ Our Expertise Our Expertise • Compelling Business cases Market size Estimations • Company & Market Best Practices • Entry or Go-To-Market strategies • Market Dynamics, Positioning and Segmentations • Competitive Landscaping and Benchmarking • Opportunity Analysis • Economic Forecasting • Industry-specific Technology solutions • Roadmap Analysis

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