The global corrugated and paper boxes market size was US$ 91.9 billion in 2021. The global corrugated and paper boxes market is forecast to grow to US$ 151.54 billion by 2030 by growing at a compound annual growth rate (CAGR) of 6.10% during the forecast period from 2022 to 2030.

Factors Influencing the Market

Paper and paper-based packaging are widely adopted to deliver goods from one place to another. This method is considered one of the cost-efficient, lightweight, and attractive, which also ensures the safety of the product. Thus, these benefits are forecast to drive the global corrugated and paper boxes market forward during the forecast period.

Corrugated boxes are also used in the form of shipping containers in the food & beverages industry. Thus, the rapidly growing food and beverage sector will contribute to the growth of the global corrugated and paper boxes market.

The growing e-commerce industry is forecast to offer ample growth opportunities for the corrugated and paper boxes market. In addition, the rising awareness related to sustainable packaging solutions will propel the corrugated and paper boxes market forward.

Rising industrialization and favorable government policies to ban plastic waste will offer lucrative growth opportunities for the market. Furthermore, the growing number of online food delivery and shopping platforms will escalate the growth of the global corrugated boxes market.

The high installation costs of machinery and equipment may impede the growth of the corrugated and paper boxes market.

COVID-9 Impact Analysis

The wake of the COVID-19 pandemic has been beneficial for the corrugated and paper boxes market. The market witnessed a sudden rise in global sales due to rising demand for doorstep delivery. The demand for packed food, beverages, dairy products, and other items escalated. People started adopting online platforms to avoid contact. Thus, it has been beneficial for the entire corrugated and paper boxes market. In addition, corrugated and paper boxes are low in cost and can be recycled. This factor has been a significant push towards market growth.

Regional Analysis

Asia-Pacific corrugated and paper boxes market is forecast to emerge as the largest market due to the rapidly growing e-commerce industry. Furthermore, increasing disposable income and the growing food and beverage industry will contribute to the growth of the corrugated and paper boxes market.

Competitors in the Market

Cascades Inc.
DS Smith Plc
Georgia-Pacific Corporation
Graphic Packaging International, Inc.
International Paper Company
Klabin S.A.
Mondi Group
Nine Dragons Paper (Holding) Limited
Nippon Paper Industries Co. Ltd
Oji Holding Corporation
Orora Packaging Australia Pty Ltd
Packaging Corporation of America
Rengo Co., Ltd.
Smurfit Kappa Group
WestRock
Other Prominent Players
Market Segmentation

The global corrugated and paper boxes market segmentation focuses on Material, Product, Application, and Region.

The corrugated and paper boxes market has been segmented based on material

Paperboard
Adhesives
Inks
Waxes
The corrugated and paper boxes market has been segmented based on product

Corrugated & Solid Fiber Boxes
Set-up Paperboard Boxes
Folding Paperboard Boxes
The corrugated and paper boxes market has been segmented based on application

Food & Beverages
Paper & Publishing
Chemicals
Personal Care Products
Pharmaceuticals
Others (Consumer Goods and Electronic Goods)
The corrugated and paper boxes market has been segmented based on region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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