Market To Reach USD
352.47 Billion By
www.reportsanddata.comThe global Corrugated Packaging Market is forecast to reach USD 352.47 Billion by 2027,
according to a new report by Reports and Data. Corrugated boxes are thick paper material
consisting of a compressed layer of paper pulp.
Further key findings from the report suggest
• Rigid boxes have two similar end panels and consists of a body that can be folded from the two side
panels, a top, and an unbroken bottom. The flaps are applicable to form the joints. Once these joints are
sealed, the box is considered to be rigid. The segment is forecasted to grow with a CAGR of 4.0% during
the forecast period.
• Single-walled boxes are designed to use only a single layer of fluting. They are used for shipping in the e-
commerce sector. These boxes are cost-effective and can provide offer cushioned protection as well as
rigidity that is required in a shipping container.
• The food and beverage segment is estimated to capture a massive share of the market because of the
flourishing of the take-out food consumption and changing lifestyle patterns of individuals. The segment
held a market share of 4.7% in the year 2019.
Market Size – USD 258.45 billion in 2019, Market Growth - CAGR of 3.9%, Market trends – High demand
from the APAC region.
Type Outlook (Revenue, USD Billion; 2017-2027)
• Self-Erecting Boxes
• Rigid Boxes
• Slotted Boxes
• Telescope Boxes
Wall Construction Outlook (Revenue, USD Billion; 2017-2027)
Mondi Group, WestRock Company, International Paper Company, DS Smith PLC, Smurfit Kappa Group, Nine
Dragons Paper (Holdings) Limited, Georgia-Pacific Equity Holdings LLC, Oji Holdings Corporation, Lee &
Man Paper Manufacturing Ltd., and Packaging Corporation of America, among others.
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