Syndicated Research Studies

Corrugated Board Market Summary The global corrugated board market was valued at USD 134.7 billion in 2022 and is projected to reach USD 227.8 billion by 2030, expanding at a CAGR of 6.8% from 2023 to 2030. The market growth is primarily driven by the global expansion of the e-commerce industry and the increasing demand for sustainable packaging solutions. However, the limited durability of corrugated boards is expected to restrain market growth to some extent. Traditionally, plastic has been one of the most widely used packaging materials across industries such as food and beverage, healthcare, cosmetics and personal care, and consumer goods. Yet, growing environmental concerns surrounding plastic usage are prompting a shift toward eco-friendly alternatives. According to the United Nations, approximately 300 million tons of plastic waste are generated globally each year—almost equivalent to the total human population’s weight. In response, industries are adopting sustai...

Corrugated Board Market Growth & Trends The global corrugated board market size is expected to reach USD 227.8 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.8% from 2023 to 2030. The growing trend of green packaging and global online sales expansion have created a profound impact on the market for corrugated board. The expansion of e-commerce is the most important retail trend that has fueled the growth of the market in the past few years. The e-commerce segment particularly picked up pace following the outbreak of the COVID-19 pandemic in 2020 as strict lockdowns were imposed across nations with limited access to essentials. The aforementioned factor, along with the hesitation of consumers to go outside for shopping as a precautionary measure, is expected to further boost the sales of the e-commerce market. Additionally, 74% of global consumers and retail brand professionals have estimated the spike...

Corrugated Board Industry Overview The global  corrugated board market  size is expected to reach USD 149.7 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.5% over the forecast period. The product demand is projected to be driven by the growth in e-commerce packaging and the rising usage of eco-friendly packaging solutions across the world due to strict regulations by regional governments. Corrugated Board Market Segmentation Grand View Research has segmented the global corrugated board market based on flute type, board style, and region: Based on the Flute Type Insights, the market is segmented into A-Flute, B-Flute, C-Flute, E-Flute, F-Flute, Others. C-Flute held the highest revenue share of 29.4% in 2020. It is commonly used for shipping cases, packaging glass products,  furniture , and products in the automotive industry. For instance, Mondi offers corrugated products for automotive applications, where they can ...