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According to Fortune Business Insights, The global corrugated board packaging market size is expected to display exceptional growth during the forecast period of 2024-2032. Corrugated board packaging is a versatile and budget-friendly method of packaging, safeguarding, and transporting a vast variety of products. There are several advantages of using these boards, such as lightweight nature, recyclability, and biodegradability, which make them a popular packaging item in many industries. This factor will play a key role in boosting the demand for this form of packaging, thereby accelerating the market’s growth.
Fortune Business Insights presents this information in a report titled "Corrugated Board Packaging Market, 2025-2032."
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Major Players Profiled in the Report:
Key players in the corrugated board packaging space are focusing on capacity expansion, mergers & acquisitions, and digital innovation. Major companies include:
Mondi Group (U.K.)
Smurfit Kappa (Ireland)
Sealed Air Corporation (U.S.)
Wertheimer Box Corp. (U.S.)
Arabian Packaging Co. LLC (Dubai)
Klingele Papierwerke GmbH & Co. KG (Germany)
Pregis LLC (U.S.)
DS Smith (U.K.)
John Hargreaves (U.K.)
IPS Packaging and Automation (U.S.)
Hughes Enterprises (U.S.)
Segments:
By board type, the market is divided into single face corrugated board, single wall (double face) corrugated board, double wall corrugated board, and triple wall corrugated board.
By flute type, the market is segmented into A flute, B flute, C flute, E flute, F flute, BC flute, and EB flute.
By end-user, the market is segregated into food & beverage, personal care & cosmetics, e-commerce, electronics & electrical, healthcare, and others.
With respect to geography, the market is studied across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
Emerging Trends
Automation & Smart Manufacturing: Companies are integrating AI, robotics, and machine learning into production lines, increasing speed and reducing waste.
Cold Chain & Heavy-Duty Corrugated Solutions: Growing demand for temperature-sensitive and industrial packaging.
Design Personalization: Custom printed packaging for brand identity and consumer engagement is increasingly common.
Plastic Replacement Initiatives: Corrugated trays, wraps, and containers are replacing rigid plastic in multiple industries.
Report Coverage:
The report has conducted a detailed analysis of the market and focused on several critical aspects, such as leading end-users, board types, flute types, and top market players. It has also highlighted the most recent market trends and the key developments in the industry. In addition to the factors mentioned above, the report delves into several other factors that have helped the market grow.
Drivers:
Increasing Demand for Eco-Friendly Packaging Solutions to Fuel Market Growth
Customers are becoming increasingly conscious about their overall impact on the environment. This has increased their preference for eco-friendly packaging products to reduce their carbon footprint. Moreover, the ever-expanding food & beverage industry is also fueling the adoption of corrugated board packaging products to safely transport food products without compromising on their quality and freshness.
However, low mechanical strength and endurance do not make these products suitable for packing heavy items, which can impede their demand.
Regional Insights
North America Leads Global Market Growth Due to Increasing Sales of Consumer Electronics
North America is dominating the global corrugated board packaging market share as the region is witnessing high sales of consumer electronics, such as smartphones and laptops. Rapid urbanization and digitization are some of the key factors bolstering the sales of these products, which will positively impact the demand for corrugated board packaging solutions.
Asia Pacific is recording the fastest growth due to rising eco-consciousness and growing demand for sustainable packaging solutions.
Europe will also witness steady growth due to major advancements in the electronics industry and robust demand for processed foods.
Latin America and the Middle East & Africa will showcase moderate progress due to the growing need for corrugated boards with plastic coatings, lightweight flutes, and other features.
Future Outlook (2025–2032)
The corrugated board packaging market is expected to continue on a stable growth trajectory with key opportunities in:
Digital printing and customizable packaging
Integration with IoT and blockchain for smart logistics
Expansion in pharmaceutical and healthcare packaging
Biodegradable coatings to enhance moisture resistance
Information Source: https://www.fortunebusinessinsights.com/corrugated-board-packaging-market-108360
Key Industry Development
September 2022 - Palm Group announced the acquisition of the family-owned corrugated board plant, Orsini Imballaggi. The acquisition increases the production capacities of Palm Group in Italy.
May 2022 - Mondi announced an investment of USD 302 million to increase corrugated board and cardboard production. This investment helps to expand capacity and increase efficiency in the Czech Republic, Poland, Germany, and Turkey. Of this investment figure, USD 199 million includes its central and eastern European Corrugated Solutions plant network.
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