Corrugated Packaging Market Size 2020 – Global Overview by Top Players like Mondi, Smurfit Kappa, Orora, WestRock and many more
February 12, 2020Global Corrugated Packaging Market Size, Share,
Growth, Trends, Analysis, Future Scope by Type (Rigid Boxes, Self-Erecting
Boxes, Telescope Boxes, Slotted Boxes and Others), By Wall Construction
(Single-Wall, Double-Wall, Triple-Wall), By Application (Food & Beverages,
Consumer Goods, Personal Care, Healthcare, E-Commerce, Others) And Region –
Forecast To 2025
Corrugated Packaging Market Synopsis
The global Corrugated Packaging Market US is
driven by Asia-Pacific followed by Europe. In 2016, Asia-Pacific accounted for
the largest market share of 49.50% and is projected to grow at the highest
CAGR, in terms of value, during the forecast period. Steady growth in
e-commerce business and food and beverage industry in Asia-Pacific region
offers a potential opportunity for the Corrugated Packaging Market US to boom
during the forecast period. The Europe region has the highest paper recycling
rate which is leading to an increased production of corrugated boxes.
The global Corrugated Packaging Market US was
valued at USD 61,229.4 million and is projected to grow at a CAGR of 3.91%
during the forecast period