Corrugated Box Market Size to grow by 798.44 billion sq ft | Food and Beverage to be Largest Revenue-generating End-user Segment | Technavio

News provided by

Jul 04, 2022, 06:00 ET

NEW YORK, July 4, 2022 /PRNewswire/ -- Corrugated boxes are paper-based carton boxes that are used for packaging various durable and non-durable commodities. These boxes are durable, flexible, and lightweight and are cost-effective. They are used for packaging industrial and consumer goods. They are used as shelf-ready packaging (SRP) boxes by retailers in stores.

The corrugated box market size is expected to grow by 798.44 bn sq ft from 2020 to 2025, according to Technavio. Moreover, the growth momentum of the market will accelerate at a CAGR of 6.23% during the forecast period.

Technavio has announced its latest market research report titled Corrugated Box Market by End-user and Geography - Forecast and Analysis 2021-2025

Technavio offers additional market insights that assist global businesses to obtain growth opportunities. Read a Sample Report

Corrugated Box Market 2021-2025: Vendor Analysis and Scope

The corrugated box market is fragmented, and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market. Some of the major vendors of the corrugated box market include Amcor Plc, BillerudKorsnas AB, DS Smith Plc, Georgia-Pacific LLC, International Paper Co., Mondi Group, Orora Packaging Australia Pty Ltd., Packaging Corp. of America, Smurfit Kappa Group Plc, and WestRock Co. The key offerings of some of these vendors are listed below:

Amcor Plc - The company offers corrugated boxes that are available in different print effects and reliable packaging formats with its smart and connected solutions.

The report also covers the following areas:

Get lifetime access to our Technavio Insights. Subscribe now to our "Basic Plan" billed annually at USD 5000.

Corrugated Box Market 2021-2025: Five Forces Analysis

Bargaining power of buyers: The high volume and frequency of purchase allow customers to exert pressure on vendors for a price drop. Furthermore, the presence of many vendors in the market allows buyers to switch to other vendors if their demands for lower prices are not met. Therefore, the overall bargaining power of buyers in the market was high in 2020 and is expected to remain the same during the forecast period.

Corrugated Box Market 2021-2025: Segmentation

End-user

Food And Beverage
Non-durable Products
Durable And Other Products

Geography

APAC
North America
Europe
South America
MEA

Learn more about the contribution of each segment of the corrugated box market. View our Report Sample

Corrugated Box Market 2021-2025: Revenue-generating End-user Segments

The food and beverage segment will have significant market share growth during the forecast period. The growing demand for processed food and ready-to-eat products has fueled the packaging requirement for food products, which is driving the demand for corrugated boxes. In addition, food and beverage manufacturers are using corrugated display boxes as an effective marketing tool to advertise their products.

Corrugated Box Market 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist corrugated box market growth during the next five years
Estimation of the corrugated box market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the corrugated box market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of corrugated box market vendors

Food Contact Paper Market by Type and Geography - Forecast and Analysis 2022-2026

Corrugated Box Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 6.23%
Market growth 2021-2025	798.44 bn sq ft
Market structure	Fragmented
YoY growth (%)	4.64
Regional analysis	APAC, North America, Europe, South America, and MEA
Performing market contribution	APAC at 61%
Key consumer countries	China, US, Japan, Germany, and India
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Amcor Plc, BillerudKorsnas AB, DS Smith Plc, Georgia-Pacific LLC, International Paper Co., Mondi Group, Orora Packaging Australia Pty Ltd., Packaging Corp. of America, Smurfit Kappa Group Plc, and WestRock Co.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

For more valuable insights, Download Latest Sample Report

Table of Contents

1 Executive Summary

1.1 Market ecosystem
1.2 Value chain analysis

2 Market Sizing

2.1 Market definition
2.2 Market segment analysis
2.3 Market size 2020
2.4 Market outlook: Forecast for 2020 - 2025

3 Five Forces Analysis

3.1 Five forces analysis
3.2 Bargaining power of buyers
3.3 Bargaining power of suppliers
3.4 Threat of new entrants
3.5 Threat of substitutes
3.6 Threat of rivalry
3.7 Market condition

4 Market Segmentation by End-user

4.1 Market segments
4.2 Comparison by End-user
4.3 Food and beverage - Market size and forecast 2020-2025
4.4 Non-durable products - Market size and forecast 2020-2025
4.5 Durable and other products - Market size and forecast 2020-2025
4.6 Market opportunity by End-user

5 Customer landscape

6 Geographic Landscape

6.1 Geographic segmentation
6.2 Geographic comparison
6.3 APAC - Market size and forecast 2020-2025
6.4 North America - Market size and forecast 2020-2025
6.5 Europe - Market size and forecast 2020-2025
6.6 South America - Market size and forecast 2020-2025
6.7 MEA - Market size and forecast 2020-2025
6.8 Key leading countries
6.9 Market opportunity by geography

7 Drivers, Challenges, and Trends

7.1 Market drivers
7.2 Market challenges
7.3 Market trends

8 Vendor Landscape

8.1 Overview
8.2 Landscape disruption

9 Vendor Analysis

9.1 Vendors covered
9.2 Market positioning of vendors
9.3 Amcor Plc
9.4 BillerudKorsnas AB
9.5 DS Smith Plc
9.6 Georgia-Pacific LLC
9.7 International Paper Co.
9.8 Mondi Group
9.9 Orora Packaging Australia Pty Ltd.
9.10 Packaging Corp. of America
9.11 Smurfit Kappa Group Plc
9.12 WestRock Co.

10 Appendix

10.1 Scope of the report
10.2 Currency conversion rates for US$
10.3 Research methodology
10.4 List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio