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Corrugated Boxes Market Size

ID: MRFR//2835-CR | 185 Pages | Author: Varsha More| October 2020

The global packaging industry is highly dependent on the corrugated boxes market, which serves as a crucial pillar for smooth and safe product movement. They are used widely because of their durability, adaptability, and economic viability, which have made them an essential choice for packaging and shipping needs in many sectors. In 2021, the Corrugated Boxes Market Size was valued at USD 192.76 billion. The Corrugated Boxes industry will grow from USD 203.13 Billion in 2022 to USD 308.92 billion by 2030, witnessing a CAGR of 5.38%. A major driving force behind the rise in the corrugated boxes market is the e-commerce boom. E-commerce has witnessed an upsurge globally, and as such, there is a high demand for strong and reliable packaging solutions. While in transit, these corrugated boxes are good for protecting the goods, hence helping them reach consumers when they are still new or untampered with.
However, another important factor affecting this market is increasing awareness regarding sustainability factors, thus leading to an emphasis on environmental conservation efforts. As a result, more people prefer eco-friendly packaging when buying goods or services; therefore, they choose corrugated cases that are mainly made from recycled paper and can also be recycled easily when disposed of properly. One of the strengths of corrugated boxes is their diversity, which makes them applicable in various areas since they come in different designs depending on specific requirements.
Furthermore, apart from being versatile, they offer great protection to delicate stuff such as glasses or electronic appliances that could be damaged easily during the transportation process unless packed carefully inside these unique packages designed using three layers of flat paperboard surrounding sinusoidal flutes at its central portion that act as shock absorbers.
They ensure safety and keep off any possible damages during handling owing to their special structural features, including two flat outer layers separated by fluted inner layers, which provide cushioning and shock absorption. Moreover, the corrugated boxes market is shaped by affordability in addition to product protection. The inexpensive nature of corrugated packaging in relation to other alternatives makes them a favorite choice for companies seeking to attain optimum packaging expenses without compromising on their quality. In terms of technological advancement, the corrugated boxes market is evolving fast. Modern printing methods allow for top-quality graphics and corporate branding on corrugated boxes, thereby enhancing their aesthetic appeal. At the same time, automation has led to efficient processes that take less time to complete from ordering up until production, thus leading to shorter lead times.

Covered Aspects:

Report Attribute/Metric Details
Market Size Value In 2023 USD 213.33 billion
Growth Rate 5.38% (2024-2032)
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