Embedded Files
According to IMARC Group, The global corrugated boxes market size reached US$ 203.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 247.9 Billion by 2032, exhibiting a growth rate (CAGR) of 2.1% during 2024-2032.
Corrugated boxes refer to the type of packaging made of cardboard material. This substance is a fluted corrugated sheet, which is situated between one or two flat linerboards. They have different sizes, shapes and strength because of which they can be used for packaging items. They are made to withstand rough handling and protect the contents during transportation and storage. They are of light weight that contribute to the reduction of shipment costs and carbon footprints of the heavy packaging materials. They are easily available, easy to produce, and recyclable, thus making it a budget-friendly option for businesses. They are used for product packaging at retail levels across various industries, such as consumer electronics, cosmetics, food and beverage (F&B), and home goods. They are also used as promotional boxes, gift boxes, subscription boxes, and seasonal packaging.
Request for a free sample copy of this report: https://www.imarcgroup.com/prefeasibility-report-corrugated-box-manufacturing-plant/requestsample
Major players are concentrating on environment-friendly and recyclable materials and provide eco-friendly packaging solutions to satisfy increasing individual demand for more sustainable products. They are designing new packaging that ensures product’s protection, optimize space utilization, and enhance brand visibility. Moreover, firms are incorporating digital printing capabilities in their production lines to provide customers with customized packages and speed up time-to-market. They are also incorporating smart technology into corrugated boxes to improve their performance and value. In line with this, leading manufacturers are developing packaging solutions which are specially designed to meet the unique requirements of online retailers. They are also investing in automation and robotics to increase the speed of production, better efficiency, and decrease labor costs. Many companies are expanding their presence in the corrugated boxes market through strategic acquisitions, partnerships, and investments in new manufacturing facilities.
Besides this, key players are also reworking on their supply chains to decrease lead times, improve logistics efficiency, and respond to the rapidly changing preferences of people. Some enterprises are aiming to develop corrugated boxes from bio-based and compostable materials to decrease their fuel dependence and environmental footprint. They also introducing more durable packaging solutions to ensure that fragile or sensitive products are transported safely. Some businesses are merging AR and VR technologies into corrugated box packaging to provide people with more interactive and immersive experiences.
Top 10 Corrugated Boxes Manufacturers in the World
International Paper Company
Nine Dragons Worldwide (China) Investment Group Co., Ltd.
WestRock Company
Smurfit Kappa Group plc
Lee and Man Paper Manufacturing Ltd.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
Page updated
Google Sites
Report abuse