According to the report analysis, ‘GLOBAL CORRUGATED PACKAGING MARKET SIZE STUDY, BY
PRODUCT TYPE (SINGLE WALL BOARD, SINGLE FACE BOARD, DOUBLE WALL BOARD, TRIPLE
WALL BOARD), BY PACKAGING TYPE (BOX, CRATES, TRAYS, OCTABIN, PALLET, OTHERS),
BY END USER (FOOD & BEVERAGE, ELECTRICAL & ELECTRONICS, HOME CARE
PRODUCTS, PERSONAL CARE PRODUCTS, E-COMMERCE, TRANSPORTATION & LOGISTICS,
HEALTHCARE, OTHERS) AND REGIONAL FORECASTS 2018-2025’ states that there are several
players which are recently functioning in this sector more actively for
dominating the fastest market growth and accounting the handsome amount of
market share across the globe in the short span of time while developing the
quality of the product and specifications for increasing the demand across the
globe includes Rengo Co, Ltd, Saica Group, OJI Holdings Corporation,
Packaging
Corporation of America, DS Smith Packaging Limited, Mondi Group,
Georgia
Pacific LLC, Westrock Company, Pratt Industries
Inc, Menasha Corporation and several others. In addition,
many of the players of this market are adopting the effective strategies and
policies with the effective technologies of product making for delivering an
effective product for packaging at a reasonable price which further increase
the market growth more positively during the forecasted period.
The corrugated boxes are measured as preferred means of
packaging as they considered benefits such as high durability,
light-weightiness, appealing aesthetic value, cost effectiveness, high strength
and recyclability. Whereas, the corrugated boxes are the type of boxes where
the wavy layer of cardboard prevalently known as fluting that is sandwiched
among the two thin outer layers. With the effective benefits of these boxes
they are precisely utilized for shipping of goods on the global scenario.
Moreover, The Corrugated boxes are available in many sizes and shapes which are
comprehensively used in the packaging of numerous goods which includes
beverages, cosmetics, foods, pharmaceuticals, hazardous chemicals and other
materials. Furthermore, the players of this market are registering the highest
market growth more actively while making the effective developments in the
quality of the product and the significant usage of the product which further
profitable for dominating the handsome amount of market share in the short span
of time.
Although, the global market
of corrugated packaging is sectored into different segments which majorly
includes product type, packaging type, end-users and region. Whereas, the
sector of product type is further segmented into single wall board, single face
board, double wall board and triple wall board while, based on the packaging
type the market is split into box, crates, trays, octabin, pallet and several
others. Moreover, based on the end-user, the market divided into food and
beverage, electrical and electronics, home care products, personal care
products, e-commerce, transportation and logistics, healthcare and several
others.
Not only has this, on the
basis of region, the market is spread across the globe which majorly includes Asia
Pacific, North America, Europe, Latin America and Rest of the World. North
America is the wildest increasing region across the globe in terms of market
share. Whereas, due to the countries such as China, Japan, and India, Asia
Pacific region is expected to be the registering region over the forecast
period of 2018-2025. Therefore, in the near future, it is expected that the
market of corrugated packaging will increase across the globe more effectively over
the recent few years.
For more information on the research
report, refer to below link:
Contact Us:-
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Research
Ankur
Gupta, Head Marketing & Communications
+91-9015378249
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