The Latin America, Middle East and Africa Corrugated Packaging Market should witness market growth of 6.9% CAGR during the forecast period (2022-2028).
Businesses in the e-commerce industry have begun extending the size of their warehouses to accommodate the increasing demand for a wide variety of products online. As a result, the need for corrugated packagingboxes has significantly increased. These ideas would contribute significantly to the expansion of the corrugated packaging sector. Additionally, corrugated boxes allow for customization so that they can be made 'right-sized'for the goods.
Customers are frequently impressed by customization since it increases brand awareness and conveys professionalism in business. Customized branding is a great way to win over customers. Companies also include a personal touch in their boxes, which is important for fostering customer loyalty and promoting repeat business.
Corrugated packaging is also very affordable and it may be used repeatedly. Since there is a desire to reduce single-use plastics, corrugated cardboard stands out as the ideal option because a rapidly growing group of environmentally conscious consumers are eager to favor businesses that strive for sustainability. As a result, the food and beverage industry has utilized corrugated packaging solutions to increase future sales and revenue growth.
Brazil is one of the top countries in Latin America in terms of both foreign direct investment and international trade. To address the growing demand for industrial and food products, imports are used. Corrugated packaging is necessary to shield the items from harm. As the percentage of the population who are middle-class rises, it is predicted that demand for packaged goods will increase, supporting the growth of the packaging industry. In order to give customers access to various online retail platforms and boost their earnings, traditional brick-and-mortar retailers are swiftly altering their business methods. For instance, two of the biggest Middle Eastern retailers, Lulu Group and Carrefour, built eCommerce websites in the UAE. As a result of these factors,the necessity for corrugated packaging would increase, which will benefit the regional market.
The Brazil market dominated the LAMEA Corrugated Packaging Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,891.9 Million by 2028. The Argentina market is experiencing a CAGR of 7.4% during (2022-2028). Additionally, The UAE market would display a CAGR of 6.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
Businesses in the e-commerce industry have begun extending the size of their warehouses to accommodate the increasing demand for a wide variety of products online. As a result, the need for corrugated packagingboxes has significantly increased. These ideas would contribute significantly to the expansion of the corrugated packaging sector. Additionally, corrugated boxes allow for customization so that they can be made 'right-sized'for the goods.
Customers are frequently impressed by customization since it increases brand awareness and conveys professionalism in business. Customized branding is a great way to win over customers. Companies also include a personal touch in their boxes, which is important for fostering customer loyalty and promoting repeat business.
Corrugated packaging is also very affordable and it may be used repeatedly. Since there is a desire to reduce single-use plastics, corrugated cardboard stands out as the ideal option because a rapidly growing group of environmentally conscious consumers are eager to favor businesses that strive for sustainability. As a result, the food and beverage industry has utilized corrugated packaging solutions to increase future sales and revenue growth.
Brazil is one of the top countries in Latin America in terms of both foreign direct investment and international trade. To address the growing demand for industrial and food products, imports are used. Corrugated packaging is necessary to shield the items from harm. As the percentage of the population who are middle-class rises, it is predicted that demand for packaged goods will increase, supporting the growth of the packaging industry. In order to give customers access to various online retail platforms and boost their earnings, traditional brick-and-mortar retailers are swiftly altering their business methods. For instance, two of the biggest Middle Eastern retailers, Lulu Group and Carrefour, built eCommerce websites in the UAE. As a result of these factors,the necessity for corrugated packaging would increase, which will benefit the regional market.
The Brazil market dominated the LAMEA Corrugated Packaging Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,891.9 Million by 2028. The Argentina market is experiencing a CAGR of 7.4% during (2022-2028). Additionally, The UAE market would display a CAGR of 6.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Corrugated Packaging Market, by Industry
1.4.2 LAMEA Corrugated Packaging Market, by Wall Type
1.4.3 LAMEA Corrugated Packaging Market, by Packaging Type
1.4.4 LAMEA 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. LAMEA Corrugated Packaging Market by Industry
4.1 LAMEA Food & Beverages Market by Country
4.2 LAMEA Electronic Goods Market by Country
4.3 LAMEA Personal Care Market by Country
4.4 LAMEA Pharmaceuticals Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA Corrugated Packaging Market by Wall Type
5.1 LAMEA Single Wall Market by Country
5.2 LAMEA Double Wall Market by Country
5.3 LAMEA Triple Wall Market by Country
5.4 LAMEA Single Face Market by Country
Chapter 6. LAMEA Corrugated Packaging Market by Packaging Type
6.1 LAMEA Boxes Market by Country
6.2 LAMEA Sheets Market by Country
6.3 LAMEA Trays Market by Country
6.4 LAMEA Containers Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Corrugated Packaging Market by Country
7.1 Brazil Corrugated Packaging Market
7.1.1 Brazil Corrugated Packaging Market by Industry
7.1.2 Brazil Corrugated Packaging Market by Wall Type
7.1.3 Brazil Corrugated Packaging Market by Packaging Type
7.2 Argentina Corrugated Packaging Market
7.2.1 Argentina Corrugated Packaging Market by Industry
7.2.2 Argentina Corrugated Packaging Market by Wall Type
7.2.3 Argentina Corrugated Packaging Market by Packaging Type
7.3 UAE Corrugated Packaging Market
7.3.1 UAE Corrugated Packaging Market by Industry
7.3.2 UAE Corrugated Packaging Market by Wall Type
7.3.3 UAE Corrugated Packaging Market by Packaging Type
7.4 Saudi Arabia Corrugated Packaging Market
7.4.1 Saudi Arabia Corrugated Packaging Market by Industry
7.4.2 Saudi Arabia Corrugated Packaging Market by Wall Type
7.4.3 Saudi Arabia Corrugated Packaging Market by Packaging Type
7.5 South Africa Corrugated Packaging Market
7.5.1 South Africa Corrugated Packaging Market by Industry
7.5.2 South Africa Corrugated Packaging Market by Wall Type
7.5.3 South Africa Corrugated Packaging Market by Packaging Type
7.6 Nigeria Corrugated Packaging Market
7.6.1 Nigeria Corrugated Packaging Market by Industry
7.6.2 Nigeria Corrugated Packaging Market by Wall Type
7.6.3 Nigeria Corrugated Packaging Market by Packaging Type
7.7 Rest of LAMEA Corrugated Packaging Market
7.7.1 Rest of LAMEA Corrugated Packaging Market by Industry
7.7.2 Rest of LAMEA Corrugated Packaging Market by Wall Type
7.7.3 Rest of LAMEA Corrugated Packagzing 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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