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Corrugated and Paperboard Boxes: Global Strategic Business Report

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    Report

  • 348 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 595575

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

What`s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Corrugated and Paperboard Boxes

What is the estimated value of the Global Market for Corrugated and Paperboard Boxes?

The Global Market for Corrugated and Paperboard Boxes was estimated to be valued at $241.3 Billion in 2020.

What is the growth rate of the Global Market for Corrugated and Paperboard Boxes?

The growth rate of the Global Market for Corrugated and Paperboard Boxes is 5.3%, with an estimated value of $346.6 Billion by 2027.

What is the forecasted size of the Global Market for Corrugated and Paperboard Boxes?

The Global Market for Corrugated and Paperboard Boxes is estimated to be worth $346.6 Billion by 2027.

Who are the key companies in the Global Market for Corrugated and Paperboard Boxes?

Key companies in the Global Market for Corrugated and Paperboard Boxes include Cascades Inc., DS Smith Plc, Georgia, Pacific Corporation, Graphic Packaging International LLC, International Paper, Klabin SA, Lee & Man Paper Manufacturing Ltd, Mondi plc and Nine Dragons Paper (Holdings) Limited.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Corrugated and Paperboard Boxes: Lightweight, Durable, Recyclable and Cost Effective Properties Drive Demand
  • Corrugated & Solid Fiber Boxes Continue to Dominate the Market
  • Non-Durable Products Segment: The Leading End-Use Market
  • Developing Economies Promise Tremendous Growth Potential for Corrugated and Paperboard Boxes
  • Recent Market Activity
  • Corrugated Boxes: Preferred Packaging Format for Shipping
  • Food and Beverages Sector Leads Demand for Corrugated Boxes
  • Asia-Pacific Spearheads Worldwide Demand for Corrugated Boxes
  • Factors Restraining Growth in Corrugated Boxes Market
  • Food & Beverages: High Growth Potential for Corrugated Packaging Market
  • Favorable Food Consumption Patterns Strengthen Market Prospects
  • Global Containerboard Market: An Overview
  • Positive Global Economy Buoys General Market Optimism
  • Global Manufacturing PMI - An Important Bellwether
  • Corrugated and Paperboard Boxes - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Cascades Inc. (Canada)
  • Cascades Containerboard Packaging (Canada)
  • DS Smith Plc (UK)
  • Georgia-Pacific Corporation (USA)
  • Graphic Packaging International LLC (USA)
  • International Paper (USA)
  • Klabin SA (Brazil)
  • Lee & Man Paper Manufacturing Ltd (Hong Kong)
  • Mondi plc (UK)
  • Nine Dragons Paper (Holdings) Limited (China)
  • Nippon Paper Industries Co., Ltd. (Japan)
  • Oji Holdings Corporation (Japan)
  • Orora Ltd (Australia)
  • Packaging Corporation of America (USA)
  • Rengo Co., Ltd. (Japan)
  • SAICA (Spain)
  • Smurfit Kappa Group Plc (Ireland)
  • Visy Pty Ltd. (Australia)
  • WestRock Company (USA)
3. MARKET TRENDS & DRIVERS
  • Paper & Paperboard Market - An Overview
  • Corrugated & Paperboard Packaging - Solution for Boosting Sales!
  • Corrugated Packaging Materials: A Review
  • Recyclability - A Major Fetching Factor for Corrugated and Paperboard Boxes
  • Recycled Paper Becoming the Main Raw Material for Manufacturing Boxes
  • Companies Focus on Cost Containment in Packaging
  • Surge in E-Commerce Sales: Corrugated and Paperboard Box Market Positioned for Growth
  • Focus of E-Commerce Companies on Innovative Packaging Formats
  • Bespoke Touches for Luxury E-Commerce Market
  • Environmental Sustainability: A Major Consideration for E-Commerce Packaging Market
  • Retail Sector - A Key Beneficiary of Corrugated Packaging
  • Corrugated & Paperboard Packaging in Point-of-Purchase Display
  • Innovations for Shelf Display
  • Environment-Friendly Packaging and Printing Inks: Gaining Momentum
  • Shift towards Lightweight Corrugated Boxes
  • Distribution Issues Foster Packaging Innovations
  • Developing Innovative Substitute Materials for Corrugated Boxes
  • Growing Demand for Micro-Corrugated Cardboard
  • Recycled Board to Expand Share
  • Shift towards High-Value Products
  • Growing Popularity of Smaller Flute Profiles
  • Threat of Returnables
  • Innovations Benefit Carton Packaging Industry
  • Plastic: A Major Competitor to Corrugated & Paperboard Box
  • Plastic Crates & Corrugated Box: A Comparative Review of Major Attributes
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Corrugated and Paperboard Boxes by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Corrugated and Paperboard Boxes by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for Corrugated & Solid Fiber by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Corrugated & Solid Fiber by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for Corrugated & Solid Fiber by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Folding Paperboard Box by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Folding Paperboard Box by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Folding Paperboard Box by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for Set-Up Paperboard Box by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Set-Up Paperboard Box by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Set-Up Paperboard Box by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Food & Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Food & Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Food & Beverages by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 16: World Recent Past, Current & Future Analysis for Paper & Publishing Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Paper & Publishing Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Paper & Publishing Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 19: World Recent Past, Current & Future Analysis for Chemicals & Allied Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 20: World Historic Review for Chemicals & Allied Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 21: World 15-Year Perspective for Chemicals & Allied Products by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 22: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 23: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 24: World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2012, 2021 & 2027
  • Table 25: World Corrugated and Paperboard Boxes Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
III. MARKET ANALYSIS
UNITED STATES
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
CANADA
JAPAN
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
CHINA
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
EUROPE
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
FRANCE
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
GERMANY
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
AUSTRALIA
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)
INDIA
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Corrugated and Paperboard Boxes Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)
IV. COMPETITION

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