Corrugating Board/Cardboard Market size was valued at USD 200 Billion in 2024 and is forecasted to grow at a CAGR of 4.5% from 2026 to 2033, reaching USD 300 Billion by 2033.
In 2022, the global corrugated board market was valued at approximately USD 134.7 billion and is projected to reach USD 227.8 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. Asia Pacific dominated the market with a revenue share exceeding 40.0% in 2022, driven by factors such as rapid urbanization, increasing consumer spending, and a growing emphasis on sustainable packaging solutions in countries like China and India. In India specifically, the corrugated board market generated revenues of USD 6.25 billion in 2022 and is anticipated to reach USD 13.22 billion by 2030, growing at a CAGR of 9.8% during the forecast period. The surge in e commerce activities globally has significantly bolstered the demand for corrugated packaging, as it offers durability and protection for goods during transit. This trend presents substantial opportunities, particularly in regions experiencing rapid digital transformation and increased online shopping penetration. Additionally, the shift towards environmentally friendly packaging solutions has led to innovations in recyclable and biodegradable corrugated materials, opening new avenues for market expansion. Regions with supportive governmental policies promoting sustainable practices are poised to benefit from these emerging opportunities in the corrugated board market.
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Greif
PCA
Pratt Industries
Sonoco Products Company
BillerudKorsn s
Svenska Cellulosa Aktiebolaget
Klabin
Longchen
Oji Fibre Solutions (NZ) Ltd
Zhejiang Jingxing
Ji'an Group
Lee & Man
Zhejiang Rongsheng
Smurfit Kappa Group
Astron Paper & Board Mill
Eagle Paper International Inc Thai Paper Mill Co
International Paper
Hazel Mercantile Limited
Universal Pulp & Paper
Nine Dragons Paper Holdings Limited
Mondi Group Plc
DS Smith Plc
Georgia-Pacific LLC
WestRock Company
KapStone Paper & Packaging Corporation
Metsä
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Corrugating Board/Cardboard Market
Recycled Fiber
Virgin Fiber
Mixed Fiber
Single-wall Board
Double-wall Board
Triple-wall Board
Die-cut Boxes
Food and Beverage
Electronics
Consumer Goods
Pharmaceuticals
Cosmetics and Personal Care
Standard Thickness (up to5 mm)
Medium Thickness (By5 mm to 5 mm)
Heavy Thickness (above 5 mm)
Packaging Boxes
Display Boxes
Protective Packaging
Shipping Containers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Corrugating Board/Cardboard Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Corrugating Board/Cardboard Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Corrugating Board/Cardboard Market, By Type
6. Global Corrugating Board/Cardboard Market, By Application
7. Global Corrugating Board/Cardboard Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Corrugating Board/Cardboard Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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