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The global corrugated board packaging market is projected to grow at a CAGR of over 4% during the forecast period. The market growth is attributed to various factors with increasing e-commerce sales is being one of the primary reasons.
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Orion Market Research Corrugated Board Packaging Market Share, Trends, Size, Research and Forecast 2020-2026 Request https://www.omrglobal.com/request-sample/corrugated-board-packaging-market a free sample of our report on Corrugated Board Packaging Market: ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
The global corrugated board packaging market is projected to grow at a CAGR of over 4% during the forecast period. The market growth is attributed to various factors with increasing e-commerce sales is being one of the primary reasons. According to the United Nations Conference on Trade and Development, global e-commerce sales grew 13% in 2017, hitting an estimated $29 trillion. Further, around 1.45 billion people, or one-quarter of the global population aged 15 and older, made purchases online in 2018, representing an increase of 9% as compared to 2017. Increasing e-commerce sales have a profound impact on packaging demand, especially in the corrugated board packaging industry. A https://www.omrglobal.com/industry-reports/corrugated-board-packaging-market full report of Global Corrugated Board Packaging Market is available at: Further, the recent COVID-19 outbreak has led to increasing e-commerce sales. Several brick-and-mortar businesses have shifted resources to e-commerce. Moreover, immunity boosters, hygiene, and other health-related products have seen tremendous growth since the outbreak. The online demand for products such as masks has quadrupled in China and the US in March 2020, as compared to January 2020 and December 2019. Such increasing sales of products provide growth and tend to expand the global corrugated board packaging market size. To learn more about this report request a free sample copy @ https://www.omrglobal.com/request- sample/corrugated-board-packaging-market The COVID-19 outbreak has also increased the demand for convenience food and the food & beverage industry is one of the major applications of corrugated board packaging. There is an increasing demand for convenient food products as these food items reduce cooking, and clean-up time for consumers. The demand for ready-packed and ready-to-eat products is expected to increase during the forecast period. This is expected to increase the need to provide high-quality, packaged, and processed foods to the customers. This, in turn, will increase the need for packaging and hence will drive the global corrugated board packaging market. Further, the market growth is influenced by the presence of various players operating in the market. Some of the players contributing to the growth of the global corrugated board packaging industry include International Paper Co., Mondi Group, Smurfit Kappa Group, DS Smith Plc, Cascades Inc., Nippon Paper Industries Ltd., Sealed Air Corp., and others. These players adopt various strategies to strengthen their revenue stream and sustain in the global corrugated board packaging market. In February 2020, Mondi Group established a partnership with Cartro, a Mexican corrugated packaging company, for delivering sustainable packaging solutions for fresh produce. Mondi’s portfolio of paper grades and ProVantage Kraftliner Aqua, meet these requirements, and the two companies together have developed a completely new corrugated box to serve the purpose.
Global Corrugated Board Packaging Market – Segmentation By Application Food & Beverages Electronic Goods Pharmaceuticals Beauty & Personal Care Others For more customized data, request for report customization @ https://www.omrglobal.com/report- customization/corrugated-board-packaging-market Global Corrugated Board Packaging Market– Segment by Region North America United States Canada Europe Germany United Kingdom France Spain Italy Rest of Europe Asia-Pacific China Japan India Rest of Asia-Pacific Rest of the World Middle East & Africa Latin America
Company Profiles Ariba & Co. Cascades Inc. DS Smith Plc Georgia-Pacific LLC (Koch Industries Inc.) International Paper Co. Klabin SA KlingelePapierwerke GmbH & Co. KG Lee & Man Paper Manufacturing Ltd. Mondi Group Nine Dragons Paper (Holdings) Ltd. Nippon Paper Industries Ltd. Oji Holdings Corp. Orora Packaging Australia Pty Ltd. Packaging Corp. of America Rengo Co. Ltd. Sealed Air Corp. Smurfit Kappa Group Waterman (Box Makers) Ltd. WestRock Co. About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404