Corrugated boxes is widely seen as one of the primary segments of the global paperboard packaging market. These containers are made of high performance materials that make the processes of packing, promoting and safeguarding contents easier. Corrugated board is a flexible medium that allows the production of boxes to be done in multiple shapes and sizes.
Corrugated boxes can be made from single wall, double wall, triple wall and single faced corrugated board. Of these single walled boxes are most widely preferred, owing to light weight characteristics and simultaneous protection for contents during transport.
The growing demand for corrugated boxes in a wide variety of end use sectors such as food packaging, electrical and electronics, and e-commerce sectors, are widely considered to have a key impact in the sustained demand for the global corrugated boxes market. The market’s growth is also driven by the following:
- Corrugated boxes can be made either from virgin or recycled fiber. Among these, recycled fiber is anticipated to witness a greater rate of growth, attributable to the growing awareness about environment conservation and the rising presence of recycling facilities around the globe. Further, corrugated boxes will play roles either as primary or secondary packaging.
- The wide range of end use applications for corrugated boxes can include food, beverages, health care, tobacco, personal care, cosmetics, e-commerce, fertilizers, and consumables. While food and beverage packaging is anticipated to hold control over major market share, the cosmetics and e-commerce industries are expected to display a relatively higher rate of growth in the near future.
- The rising activity in the e-commerce sector and the consequent rise in consumer preference for shopping online are projected to have a significant impact on the growth of the corrugated boxes market. This will result in the dominance of the Asia Pacific Excluding Japan region, followed by North America and Europe.
Corrugated boxes are also multipurpose, which makes them suitable for transport, retail, and display packaging and minimizes damage to contents during transit, boosting adoption rates in the global corrugated boxes market.
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