Global Corrugated and Paperboard Boxes Market to Reach $346.6 Billion by 2027
The global market for Corrugated and Paperboard Boxes estimated at US$241.3 Billion in the year 2020, is projected to reach a revised size of US$346.6 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027. Corrugated & Solid Fiber, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$257.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Folding Paperboard Box segment is readjusted to a revised 4.7% CAGR for the next 7-year period.The U.S. Market is Estimated at $65.7 Billion, While China is Forecast to Grow at 8.3% CAGR
The Corrugated and Paperboard Boxes market in the U.S. is estimated at US$65.7 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$70.7 Billion by the year 2027 trailing a CAGR of 8.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.Set-Up Paperboard Box Segment to Record 4.3% CAGR
In the global Set-Up Paperboard Box segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.3 Billion in the year 2020 will reach a projected size of US$9.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$45.7 Billion by the year 2027, while Latin America will expand at a 4.6% CAGR through the analysis period.Select Competitors (Total 191 Featured) -
- Cascades Inc.
- DS Smith Plc
- Georgia-Pacific Corporation
- Graphic Packaging International LLC
- International Paper
- Klabin SA
- Lee & Man Paper Manufacturing Ltd
- Mondi plc
- Nine Dragons Paper (Holdings) Limited
- Nippon Paper Industries Co. Ltd.
- Oji Holdings Corporation
- Orora Ltd
- Packaging Corporation of America
- Rengo Co. Ltd.
- SAICA
- Smurfit Kappa Group Plc
- WestRock Company
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Report Attribute | Details |
---|---|
No. of Pages | 348 |
Published | March 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 241.3 Billion |
Forecasted Market Value ( USD | $ 346.6 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
A selection of companies mentioned in this report includes:
- Cascades Inc.
- DS Smith Plc
- Georgia-Pacific Corporation
- Graphic Packaging International LLC
- International Paper
- Klabin SA
- Lee & Man Paper Manufacturing Ltd
- Mondi plc
- Nine Dragons Paper (Holdings) Limited
- Nippon Paper Industries Co. Ltd.
- Oji Holdings Corporation
- Orora Ltd
- Packaging Corporation of America
- Rengo Co. Ltd.
- SAICA
- Smurfit Kappa Group Plc
- WestRock Company