Data Bridge Market research presents the professional report which guides the clients with key strategic development of the market including acquisition & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures. The Corrugated Board Packaging Market research report provides you the insights which help to get more precise information of the market landscape. Analysis and discussion of important industry trends, market size and share estimates are also highlighted in the research report. Key market players striving in the market are also examined and the business strategies of the players are also mentioned in the report.
This report focuses on the key Global Corrugated Board Packaging Market players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next seven years.
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Global Corrugated Board Packaging Market is expected to rise to an estimated value of USD 350.14 billion by 2026, registering a CAGR of 4.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the demand for sustainable packaging methods.
The key players operating in this market are :
Waterman (Box Makers) Ltd., Ariba & Company, Klingele Papierwerke GmbH & Co. KG, Mondi, Smurfit Kappa, Klabin, International Paper, Rengo Co.Ltd., Sealed Air, Georgia-Pacific, NIPPON PAPER INDUSTRIES CO. LTD., Amcor Limited, Cascades inc., DS Smith and SCG PACKAGING.
Corrugated board packaging is an end product that utilizes corrugated fibreboard which is made with the help of gluing together flutes with the cardboard paper or a heavy paper. Corrugated board comes in differing strengths and sizes depending upon the requirements of the consumer. In single wall, a single flute is glued with cardboard paper, whereas in double wall ply two flutes are glued together along with a middle or intermediate sheet of paper. In tri-wall ply another sheet of flute and cardboard paper is added thus increasing the overall strength of the packing.
- Biodegradable nature of the materials used in the packaging amid concerns regarding the nature and environment is expected to act as a driver to the market growth
- Growing rate in preferences of consumption of convenience foods which holds the highest application area for corrugated board packaging is expected to act as a driver for the market growth
- Lower strength and lack of rigidity if faced with high pressure or load is expected to act as a restraint to the market growth
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Global corrugated board packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of corrugated board packaging market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
By Type (Single Faced, Single Wall, Twin Wall, Triple Wall)
By Applications (Personal & Home Care, Glassware & Ceramics, Food & Beverages, Paper Products, Textile Goods, Others)
By End-User (Food & Beverage, Electronics & Electrical Industry, Others)
By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
What does this report offers?-:
- Developing patterns alongside critical drivers, difficulties and conceivable outcomes.
- Fortifies decision making capabilities of market players.
- Statistics of the market in form of graphs, pictures, pie-charts and tables.
- Detailed knowledge of corrugated board packaging market.
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