The
report titled “China
Corrugated Box Market
Outlook to 2022 – By End Users (Electronics and Consumer Appliances, Food and
Beverage, Beauty and Personal Care, Others), By Wall Type (Single Walled,
Double Walled, Triple Walled), by Colored and Non Colored Boxes” provides a comprehensive analysis on the China corrugated box
Market. The report covers various aspects including introduction and genesis to
corrugated box market in China, China corrugated box market size by revenue,
China corrugated box market segmentation by type of box (single walled, double
walled and triple walled), by end user (FMCG, Beauty and Personal, Electronics
& Appliances and Others), by Type (Color and non colored) and by type of
players (Organized and Unorganized). Major players covered in the report
include Xiamen Hexing, MYS Group, Rengo, Shanying, Bingxin, Yeun Foong Yu,
Pacific Millennium and Shengda Group.). The report also covers Value Chain
Analysis, investment model to set up a corrugated box plant in China,
Government regulations, buying decision parameters from end user point of view,
Snapshot on China Kraft paper market, Export and Import trade scenario, along
with analyst recommendation and macroeconomic variables.
Market Overview
China
corrugated box industry is an inevitable part of manufacturing sectors which
rely heavily on corrugated packaging for finished goods transportation and
handling. China corrugated box industry grew at a single digit CAGR during the
period 2012-2017. Factors such as increasing demand from fresh food and
beverages, home & personal care goods, electronic goods industries,
logistics application, increasing consumer awareness towards sustainable
packaging and growth of the e-commerce industry have propelled the growth of
the China corrugated boxes market.
By Wall Type/Box
In
2017, Double Walled type of box has dominated the China corrugated box market
with a majority share in terms of sales volume in 2017. Double Walled type of
box has dominated the market as these boxes are now manufactured through fully
automatic machines which increases the strength of the box and is used in place
of Triple Walled and other type of boxes. Single Walled, Triple Walled and
other boxes have contributed remaining share in the market.
By End User
In
2017, Electronics and Consumer Appliances have dominated the demand for China
Corrugated box market. Electronics and Consumer Appliances contributed more
than half of the share to the total sale of corrugated box market in terms of
sales volume in 2017. Food and Beverage sector contributed second highest contribution
to the total sale of corrugated box in terms of sales volume during 2017.
Beauty and Personal Care contributed third highest share to the total sale of corrugated
box in China in 2017.
By Non-Colored/Colored Box
In
2017, Colored box has contributed highest share in terms of sales volume in
2017. Non-colored boxes have second highest sales contribution in terms of
sales volume during 2017.
By Organized and Unorganized Players
In
2017, unorganized players have dominated the market with a highest share in
terms of sales volume while organized players contributed the remaining share
in terms of production volume. This is owing to the fact that the corrugated
box industry in China is highly fragmented with a lot of players with low production
capacity, outdated technology and limited expertise. There are very few large
enterprises which provide total comprehensive solution.
The
market for corrugated boxes in China is highly fragmented with the largest
player having an insignificant share in the market. Xiamen Hexing Packaging
& Printing Co., Ltd., Shengda Paper Packaging Co., and MYS Group are the
leading companies in the China Corrugated Box market. Apart from manufacturing
corrugated box, these companies also produce their own corrugated paper medium
and corrugated paper boards. Shanghai Xingtonglian,Henan Gorgeous Paper
Packaging, Wuhan Yudu Paper Packaging and Scihuan Kangli are some other leading
corrugated box manufacturing companies in China.
Future Analysis and Projections
China corrugated industry is expected to increase at a single
digit CAGR between the period 2018 and 2022 in terms of revenue due to the
elevating demand from the end user segment in order to store and to transport
their end products. Increasing the demand of safe and cushioned packaging of
the product will augment the growth of China Corrugated box market. The market
will undergo considerable change from its current fragmented state to a more
consolidated one driven by increasing demand from the market regarding better
quality corrugated box and support services. Demand for retail corrugated
packaging has also been projected to increase due to growing number of
supermarkets in the country.
Key Topics Covered in the
Report:-
China corrugated box market
introduction
China corrugated box market size
China corrugated box market
segmentation by type of Box/box (Double Wall, Single Wall, Triple Wall), by end
user (FMCG, Beauty and Personal Care, Electronics & Appliances and Others),
by type of Box (Colored and Non-colored) and by type of players (Organized and
Un-organized)).
Snapshot on China Kraft Paper Market
Competitive landscape in China
corrugated box market
Company profiling for major players
in China corrugated box market
Government regulation in China
corrugated box market
Buying decision parameters from end
user point
Export and Import trade scenario
China corrugated box market future
outlook and projections
Analyst Recommendations
Macroeconomic Factors in China
corrugated box market
For more
information on the research report, refer to below link:
Related Reports:
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
