CORRUGATED PACKAGING MARKET ANALYSIS

Corrugated Packaging Market, By Design (Single wall boards, Single Face boards, Double wall boards, Triple wall boards), By Product Type (Boxes, Crates, Trays, Octabin, Others), By End Use (Food & Beverage, Electrical & Electronics, Home care products, Personal care products, E-commerce, Transportation & Logistics, Healthcare, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jul 2024
Code : CMI3349
Pages :170
Formats :
Excel and PDF
Industry : Packaging

Regional Analysis

Corrugated Packaging Market Regional Insights

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North America has been dominating the global corrugated packaging market for decades with an estimated market share of 34.5% in 2024. The well-established packaging industry and strong presence of key players in the region have allowed North America to lead in terms of overall market size and revenue share. Majority of the top corrugated packaging brands globally are headquartered in the U.S., giving them competitive advantage in the home market through strong customer relationships, brand recognition and expertise in producing a wide variety of corrugated products. Moreover, the region's well-connected logistics infrastructure and advanced manufacturing capabilities enable seamless supply of packaging solutions to customers across industries such as food and beverages, chemicals, pharmaceuticals, consumer goods, and e-commerce.

North America remains the market leader, and Asia Pacific region has emerged as the fastest growing market for corrugated packaging in recent years. Rapid growth of end-user industries coupled with rising domestic consumption has propelled the demand for cost-effective and sustainable packaging formats in Asia Pacific. Two of the world's largest developing economies China and India are spearheading growth in the region supported by their giant manufacturing sectors and growing middle-class populations. E-commerce boom in the region has further boosted the upstream corrugated packaging demand.