According to a research survey conducted by ChemView Consulting, in 2022, the Global Heavy Duty Corrugated Containers Market was worth US$ 20.0 Bn and is expected to grow at a CAGR of 5.2% over the forecast period. The market is expected to hit US$ 30.0 Bn by 2030 end.
Secondary shipping corrugated boxes, primary corrugated boxes, and corrugated retail display stands are used for packing non-durable products, durable goods, food and beverages, and non-food and non-manufacturing commodities in the corrugated packaging sector. Corrugated cardboard is often produced without dyes or bleaches, reducing its footprint and level of recyclability.
The surge in e-commerce purchasing has produced a large need for packaging solutions worldwide. Rising environmental concerns and product bans have created a significant demand-supply imbalance for reusable packaging solutions.
Heavy Duty Corrugated Containers Market 2017-2030: Report Key Highlights:
- Detailed information on factors that will assist Global Heavy Duty Corrugated Containers growth during the next eight years
- Assessment of the historical and current Global Heavy Duty Corrugated Containers Market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
- The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
- Segment-wise, country-wise, and region-wise market analysis
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
For More Details Visit Our Report Page: https://chemviewconsulting.com/reports/heavy-duty-corrugated-containers-market/
Key Takeaways
By Type: In 2021, corrugated boxes were expected to account for 60.0% of the global market. Corrugated boxes will maintain their advantage over their competitors because of their outstanding crush resistance and high strength, while superstore expansion will drive demand for POP displays.
These boxes allow purchasers to use them for various size needs, minimizing inventory and enhancing cost management. The growing development of new packaging for the food service, medical, transportation, and chemical sectors is driving demand for corrugated boxes.
By End-Use: Increasing demand for consumer electronics such as washing machines, microwaves, etc., is driving the growth of the heavy-duty corrugated packaging market.
For the shipment of such electronic products, safe and secure packaging is required, provided by heavy-duty corrugated packaging. As the consumer electronics industry is witnessing a boom in developing countries, demand for the shipment of flexible items is also expected to increase in parallel.
By Region: Despite its fragmented market, Europe accounts for one-fourth of the worldwide heavy-duty corrugated packaging industry. Because of the region’s large concentration of convenience and superstores, the heavy-duty corrugated packaging market in the United States is expected to grow at a steady CAGR.
Because of the rising number of convenience and superstores in the United States, the heavy-duty corrugated packaging market is expected to grow at a steady CAGR. The country’s increasing need for heavy-duty corrugated shipping boxes and the presence of the top corrugated box manufacturing businesses are driving market expansion in the United States.
Businesses are focusing on expanding their presence in the country through mergers and acquisitions. This important factor boosts demand for heavy-duty corrugated shipping boxes in the United States.
Competition Summary
Heavy-duty corrugated packaging manufacturers are expanding their market dominance by purchasing regional competitors.
Key companies covered in the market study are Mondi Group, VPK Packaging Group, International Paper Company, WestRock Company, Georgia Pacific LLC, Pratt Industries Inc., Smurfit Kappa Group Plc., DS Smith Packaging Limited, Sonoco Products Company, Elsons International, SCG Packaging Public Company Limited, Felbro Inc and Menasha Packaging Company LLC.
Segments Covered in Report
By Type:
- Corrugated Boxes
- Pallet Boxes
- Single Cover Boxes
- Double Cover Boxes
- Telescopic Boxes
- Liquid Bulk Boxes
- Slotted Boxes
- Others
- Octabins
- High-Performance Totes
- Vegetable Totes
- Pallets
- POP Displays
- Others
By Board Type:
- Single Wall
- Double Wall
- Triple Wall
By Capacity:
- Up to 100 lbs.
- 100 to 300 lbs.
- Above 300 lbs.
By End-Use:
- Food & Beverages
- Chemicals
- Consumer Electronics
- Cosmetics & Personal Care
- Healthcare
- Textiles
- Glassware & Ceramics
- Automobiles
- Homecare
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
About ChemView Consulting’s Packaging Domain
ChemView Consulting’s Packaging domain provides unique, reliable, and in-depth analysis of the packaging business with the help of its in-house and experienced analysts and subject matter experts. The comprehensive coverage includes Packaging Equipment’s & Materials, Advanced Packaging, Industrial Packaging, Food & Beverage Packaging, Household Packaging, Personal Care and Pharmaceutical Packaging, and ICT Packaging. In addition, for developing – “The Future Growth Plan,” our research studies serve as market reference guides for manufacturers, research institutes, channel partners, and government agencies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and consulting company serving worldwide Chemicals & Materials, Food & Beverage, Oil & Gas, Clean Energy, and Packaging clients. ChemView Consulting serves clients in approximately 100 countries, with its office in the U.S. and delivery centers in India.
What sets ChemView Consulting apart?
- Full-time research experts and subject matter experts
- In-house primary research team
- The in-house data visualization team
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