Corrugated Packaging Market Size

By Author: emrindustry
Total Articles: 266
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The ongoing internet shopping penetration in consumers is sowing a series of innovation in the market of corrugated packaging. Trends within corrugated packaging markets have clear relevance towards the consumption of corrugated board. These are ranging from high demand for electrical goods to the slowing demand for paper products along with inclination towards light-weight boards which are expected to witness growth erosion in this sector of the corrugated packaging market.

A recently published analysis report on the global corrugated packaging market by Trends Market Research (TMR), titled “Corrugated Packaging Market by 2028,” illustrates that the global market for corrugated packaging is predicted to expand at a CAGR of XX% in the forecast period from 2018 to 2028, to reach an expected value worth US$ XX million in the year 2028. The report takes into description of various recent developments influencing the market growth of corrugated packaging globally.

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In order to analyze the growth in market demand for corrugated ...
... packaging, the report has segmented the global market is segmented on the basis of application. Growing population along with rise in income is boosting production of industries across the globe, which in turn is swelling the no. of shipments. Due to low prices and easy handling, these kind of packaging is measured best for shipments through various industries. Based on application type, corrugated packaging can be used in several shapes viz. liner board, container board, sheets, and boxes while based on dimensions, corrugated packaging is fragmented as flute of type A, B, C, E, and F.

Key market drivers impacting the market growth of the corrugated packaging globally include budding end-user industries such as medicine, rubber, food, consumer durables, and petroleum. Profits related with corrugated packaging viz. lower cost and sustainability makes it primary mode preferred for packaging in several industries. Emerging markets proffer remarkable growth opportunities owing to rising population along with escalating product demand among consumer in this region. E-commerce industry is one of the primary growth driver due to packaging reliability of products in the global market for corrugated packaging.