Corrugated Boxes Market Overview
The report is titled as ‘North America Corrugated Boxes Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Corrugated Boxes market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.
The North America corrugated boxes market is estimated to reach at a value of US$ 32,576.3 Mn by the end of 2022 and expected to reach at a value of US$ 46,770.5 Mn by 2030 with a significant CAGR of 4.6%.
Corrugated Boxes Introduction
A corrugated box is a disposable container with three layers of material on the sides: an inner layer, an exterior layer, and a middle layer. Fluted arches provide cushioning and support for weighted materials arranged in a corrugated box in the middle layer, which is sandwiched between the outer and inner layers.
Inclination of manufacturers to use sustainable packaging solutions is expected to drive the growth of market
Corrugated boxes are recyclable and reusable packaging material, comprised of materials such as, cardboard cartons, papers, etc. further, this packaging material is mostly manufactured without the use of dyes or bleaches, reducing the hazards and level of recyclability.
Recycling and reusing of the corrugated boxes have a knock-on effect, that it helps to reduce the energy. Since it is sustainably created using a high percentage of recycled materials, the energy required to produce corrugated boxes is greatly reduced. Often made from locally available recycled materials, transportation costs for manufacturing remain lower than if the materials had to be imported or freighted long distances.
Manufacturers are now focusing on utilizing packaging materials which reduces carbon emission for sustainable development to achieve the net zero emission targets. Preferred packaging material is boosting the demand for corrugated boxes and increasing production have been benefited.
Corrugated Boxes Market Segmentation
The corrugated boxes market is segmented on the basis of product type, material type, board type, grade type, flute type, end use, and region.
By Product Type
Slotted Box
Folder Box
Telescope Box
Die-Cut Box
By Material Type
Virgin
Recycled
By Board Type
Single Face Board
Single Wall Board
Double Wall Board
Triple Wall Board
By Grade Type
Liner
Fluting Medium
Kraftliner
Bleached
Unbleached
Test liner
Semi-Chemical
Recycled
By Flute Type
A Flute Cardboard
B Flute Cardboard
C Flute Cardboard
E Flute Cardboard
F Flute Cardboard
By End Use
Food
Processed Food
Fresh Produce
Dairy Products
Food Grains
Confectionery & Bakery
Other Foods
Beverages
Alcoholic
Non-Alcoholic
Electricals & Electronics
Industrial
Consumer
Healthcare
Pharmaceutical
Medical Devices
Textiles & Apparels
Tobacco
E-commerce
Building & Construction
Automotive & Allied Industries
Personal Care & Cosmetics
Chemical & Fertilizers
By Region
U.S.
West U.S.
North East U.S.
South East U.S.
South West U.S.
Mid-West U.S.
Canada
East Canada
West Canada
North Canada
South Canada
Corrugated Boxes Market Key Players
Key players of Corrugated Boxes are International Paper Company, WestRock Company, Georgia Pacific Packaging LLC, Packaging Corporation of America, Cascades, Associated Bag, Western Container Company and many others.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
Global Packaging Industry Growth Outlook
Medical Sector Growth Outlook
Requirement for moisture resistant packaging
Top Companies Historical Growth Rate
Pricing Impact
Impact of Regulations
Growth in e-commerce business
Development in the Manufacturing Industry
Recycling of the paperboards and corrugated boxes
Growing packaging demand in food and beverages industry
These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.
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The north america corrugated boxes market is estimated to reach at a value of US$ 32,576.3 Mn by the end of 2022 and expected to reach at a value of US$ 46,770.5 Mn by 2030 with a significant CAGR of 4.6%
The base year for the report is 2021 in north america corrugated boxes market.
The corrugated boxes market is segmented on the basis of product type, material type, board type, grade type, flute type, end use, and region
Key players of Corrugated Boxes are International Paper Company, WestRock Company, Georgia Pacific Packaging LLC, Packaging Corporation of America, Cascades, Associated Bag, Western Container Company and many others.