Plastic Corrugated Cardboard Market was valued at USD 22.5 Billion in 2022 and is projected to reach USD 35.7 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
The global plastic corrugated cardboard market has witnessed substantial growth from 2018 to 2022, driven by an increase in demand for lightweight, durable, and eco-friendly packaging solutions. The market has seen a rise in adoption across various industries such as logistics, consumer goods, and electronics. During this period, the versatility of plastic corrugated cardboard has been a key factor, offering protection for goods while being lightweight and cost-effective. Moreover, advancements in manufacturing technologies have enhanced the production processes, further fueling market growth.
Looking forward, the plastic corrugated cardboard market is expected to continue its upward trajectory from 2023 to 2033. The demand is predicted to increase significantly, primarily driven by the expansion of e-commerce, which relies heavily on packaging solutions that ensure product safety and reduce shipping costs. Additionally, plastic corrugated cardboard’s recyclable and water-resistant properties are gaining favor as sustainability becomes a priority across industries.
Plastic corrugated cardboard serves a critical role in packaging, particularly in the transportation of fragile and heavy items, offering superior protection compared to traditional alternatives. The increasing focus on sustainable and cost-efficient packaging is likely to stimulate market demand. The healthcare and food sectors are expected to be significant contributors to the growth due to the need for hygienic, safe, and robust packaging materials. Furthermore, the technological integration in production processes, such as automation and artificial intelligence, is expected to boost production efficiency and meet growing demand.
With expanding applications and the rising demand for sustainable packaging materials, the plastic corrugated cardboard market is poised for steady growth. However, challenges such as raw material price fluctuations and competition from alternative materials like paperboard remain factors to consider. The market's growth potential will largely depend on advancements in recycling technologies and greater awareness about the environmental benefits of plastic corrugated cardboard.
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Coroplast (Inteplast Group)
Primex Plastics
Karton
SIMONA
DS Smith
Distriplast
Sangeeta Group
Northern Ireland Plastics
Zibo Kelida Plastic
Tah Hsin Industrial
Twinplast
Plastflute
Creabuild
Corex Plastics
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Plastic Corrugated Cardboard Market
Graphic Arts and Signage
Packaging and Storage
Agriculture
Automotive
Building and Construction
Others
Based on Types the Market is categorized into Below types that held the largest Plastic Corrugated Cardboard market share In 2023.
Polypropylene Type
Polyethylene Type
Others
Global (United States, Global 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 Plastic Corrugated 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 Plastic Corrugated Cardboard Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Plastic Corrugated Cardboard Market, By Type
6. Global Plastic Corrugated Cardboard Market, By Application
7. Global Plastic Corrugated Cardboard Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Plastic Corrugated Cardboard Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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