The Asia Pacific Corrugated Packaging Market should witness market growth of 4.9% CAGR during the forecast period (2022-2028).
In terms of shopping, customer behavior has changed over time, and this has resulted in enormous developments. People's propensity for online shopping is growing quickly, which will have a significant impact on the development of themarket. The rise of the online retail sector is anticipated to offer the corrugated packaging market excellent growth opportunities as globalization's influence spreads.
Additionally, the adoption ofcorrugated packaging is significantly influenced by sustainability. When it comes to environmental preservation. The governments of many nations are concentrating on reducing the negative effects of pollution, and other factors on the environment as knowledge of the effects of pollution and global warmingrises. Numerous government and non-government organizations are putting together recycling programs and initiatives. These programs contribute to sustainability standards being maintained.
The corrugated box industry is integrally tied to the industrial sector in India, which primarily depends on corrugated box packing for completed commodities transit and handling. India's corrugated box industry has grown due to increased consumer demand for fresh food and beverages, home and personal care products, electronics, and ecological packaging, as well as the development of e-commerce. The five-ply type of box contributed significantly to sales volume in FY2018. Since it is now made using fully or partially automated machinery, enhancing its strength and displacing the 7-Ply and 9-Ply boxes, the 5-Ply box has taken over the market. All of these elements are hastening the demand for and use of corrugated boxes in the region, which is, in turn, hastening the expansion of the regional market.
The China market dominated the Asia Pacific Corrugated Packaging Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $17,703.8 Million by 2028. The Japan market is estimated to grow a CAGR of 4.3% during (2022-2028). Additionally, The India market would experience a CAGR of 5.5% during (2022-2028).
Based on Industry, the market is segmented into Food & Beverages, Electronic Goods, Personal Care, Pharmaceuticals, and Others. Based on Wall Type, the market is segmented into Single Wall, Double Wall, Triple Wall, and Single Face. Based on Packaging Type, the market is segmented into Boxes, Sheets, Trays, Containers, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DS Smith Plc, Georgia-Pacific LLC (Koch Industries, Inc.), Mondi Plc, Oji Holdings Corporation, International Paper Company, WestRock Company, Smurfit Kappa Group plc, Menasha Corporation, Packaging Corporation of America, and Rengo Co., Ltd.
In terms of shopping, customer behavior has changed over time, and this has resulted in enormous developments. People's propensity for online shopping is growing quickly, which will have a significant impact on the development of themarket. The rise of the online retail sector is anticipated to offer the corrugated packaging market excellent growth opportunities as globalization's influence spreads.
Additionally, the adoption ofcorrugated packaging is significantly influenced by sustainability. When it comes to environmental preservation. The governments of many nations are concentrating on reducing the negative effects of pollution, and other factors on the environment as knowledge of the effects of pollution and global warmingrises. Numerous government and non-government organizations are putting together recycling programs and initiatives. These programs contribute to sustainability standards being maintained.
The corrugated box industry is integrally tied to the industrial sector in India, which primarily depends on corrugated box packing for completed commodities transit and handling. India's corrugated box industry has grown due to increased consumer demand for fresh food and beverages, home and personal care products, electronics, and ecological packaging, as well as the development of e-commerce. The five-ply type of box contributed significantly to sales volume in FY2018. Since it is now made using fully or partially automated machinery, enhancing its strength and displacing the 7-Ply and 9-Ply boxes, the 5-Ply box has taken over the market. All of these elements are hastening the demand for and use of corrugated boxes in the region, which is, in turn, hastening the expansion of the regional market.
The China market dominated the Asia Pacific Corrugated Packaging Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $17,703.8 Million by 2028. The Japan market is estimated to grow a CAGR of 4.3% during (2022-2028). Additionally, The India market would experience a CAGR of 5.5% during (2022-2028).
Based on Industry, the market is segmented into Food & Beverages, Electronic Goods, Personal Care, Pharmaceuticals, and Others. Based on Wall Type, the market is segmented into Single Wall, Double Wall, Triple Wall, and Single Face. Based on Packaging Type, the market is segmented into Boxes, Sheets, Trays, Containers, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DS Smith Plc, Georgia-Pacific LLC (Koch Industries, Inc.), Mondi Plc, Oji Holdings Corporation, International Paper Company, WestRock Company, Smurfit Kappa Group plc, Menasha Corporation, Packaging Corporation of America, and Rengo Co., Ltd.
Scope of the Study
By Industry
- Food & Beverages
- Electronic Goods
- Personal Care
- Pharmaceuticals
- Others
By Wall Type
- Single Wall
- Double Wall
- Triple Wall
- Single Face
By Packaging Type
- Boxes
- Sheets
- Trays
- Containers
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- DS Smith Plc
- Georgia-Pacific LLC (Koch Industries, Inc.)
- Mondi Plc
- Oji Holdings Corporation
- International Paper Company
- WestRock Company
- Smurfit Kappa Group plc
- Menasha Corporation
- Packaging Corporation of America
- Rengo Co., Ltd
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Corrugated Packaging Market, by Industry
1.4.2 Asia Pacific Corrugated Packaging Market, by Wall Type
1.4.3 Asia Pacific Corrugated Packaging Market, by Packaging Type
1.4.4 Asia Pacific Corrugated Packaging Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.2.5 Joint Ventures
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers : 2018, Jun - 2023, Jan) Leading Players
Chapter 4. Asia Pacific Corrugated Packaging Market by Industry
4.1 Asia Pacific Food & Beverages Market by Country
4.2 Asia Pacific Electronic Goods Market by Country
4.3 Asia Pacific Personal Care Market by Country
4.4 Asia Pacific Pharmaceuticals Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Corrugated Packaging Market by Wall Type
5.1 Asia Pacific Single Wall Market by Country
5.2 Asia Pacific Double Wall Market by Country
5.3 Asia Pacific Triple Wall Market by Country
5.4 Asia Pacific Single Face Market by Country
Chapter 6. Asia Pacific Corrugated Packaging Market by Packaging Type
6.1 Asia Pacific Boxes Market by Country
6.2 Asia Pacific Sheets Market by Country
6.3 Asia Pacific Trays Market by Country
6.4 Asia Pacific Containers Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Corrugated Packaging Market by Country
7.1 China Corrugated Packaging Market
7.1.1 China Corrugated Packaging Market by Industry
7.1.2 China Corrugated Packaging Market by Wall Type
7.1.3 China Corrugated Packaging Market by Packaging Type
7.2 Japan Corrugated Packaging Market
7.2.1 Japan Corrugated Packaging Market by Industry
7.2.2 Japan Corrugated Packaging Market by Wall Type
7.2.3 Japan Corrugated Packaging Market by Packaging Type
7.3 India Corrugated Packaging Market
7.3.1 India Corrugated Packaging Market by Industry
7.3.2 India Corrugated Packaging Market by Wall Type
7.3.3 India Corrugated Packaging Market by Packaging Type
7.4 South Korea Corrugated Packaging Market
7.4.1 South Korea Corrugated Packaging Market by Industry
7.4.2 South Korea Corrugated Packaging Market by Wall Type
7.4.3 South Korea Corrugated Packaging Market by Packaging Type
7.5 Singapore Corrugated Packaging Market
7.5.1 Singapore Corrugated Packaging Market by Industry
7.5.2 Singapore Corrugated Packaging Market by Wall Type
7.5.3 Singapore Corrugated Packaging Market by Packaging Type
7.6 Malaysia Corrugated Packaging Market
7.6.1 Malaysia Corrugated Packaging Market by Industry
7.6.2 Malaysia Corrugated Packaging Market by Wall Type
7.6.3 Malaysia Corrugated Packaging Market by Packaging Type
7.7 Rest of Asia Pacific Corrugated Packaging Market
7.7.1 Rest of Asia Pacific Corrugated Packaging Market by Industry
7.7.2 Rest of Asia Pacific Corrugated Packaging Market by Wall Type
7.7.3 Rest of Asia Pacific Corrugated Packaging Market by Packaging Type
Chapter 8. Company Profiles
8.1 DS Smith Plc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.5.4 Geographical Expansions:
8.2 Mondi Plc
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.4.2 Acquisition and Mergers:
8.3 Smurfit Kappa Group plc
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segment and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.4 Rengo Co., Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.5 International Paper Company
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Acquisition and Mergers:
8.6 WestRock Company
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.7 Oji Holdings Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.7.5.2 Joint Venture:
8.8 Packaging Corporation of America
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.9 Georgia-Pacific LLC (Koch Industries, Inc.)
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Geographical Expansions:
8.10. Menasha Corporation
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:
Companies Mentioned
- DS Smith Plc
- Georgia-Pacific LLC (Koch Industries, Inc.)
- Mondi Plc
- Oji Holdings Corporation
- International Paper Company
- WestRock Company
- Smurfit Kappa Group plc
- Menasha Corporation
- Packaging Corporation of America
- Rengo Co., Ltd
Methodology
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