The worldwide corrugated
container board market is expected to witness enormous expansion owing to the
fact that packaging industry has seen huge growth over the last few years. The
growth of packaging industry is driven by many factors one of which is increasing
demand for packaging solutions by food and beverage industry over the last few
years. The increasing growth in the export of commodity in the developing and
developed regions of the world is fuelling the growth of global bulk container
packaging industry which in return is expected to fuel the growth of Global
Corrugated Container Board industry over the forecast period. Increasing demand
for packaging solutions by the rigid industrial products over the last few
years is fuelling the growth of this market over the last few years. One of the
main drivers of global corrugated container board market is growth in
e-commerce industry over the last few years which are also fuelling the growth
of packaging industry.
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The significant growth in
transport packaging is also fuelling the growth of global corrugated
containerboard market over the last few years owing to the fact that many
companies have find transport packaging as the distinctive and significant opportunity
for their solutions. The increasing realization in developed and developing
countries over the last few years is also fuelling the expansion of global
corrugated container board market. In addition to this, the key retailers are
shifting their focus to SRP (Shelf-ready packaging) and RRP (Retail Ready
Packaging) for the trouble less transition of their products from destination
to source and vice versa.
Food and beverage industry are
also expected to see good growth over the forecast period. Electrical goods are
expected to generate second largest revenue over the forecast period.Some of
the key players in this corrugated container board market are Atlantic
Packaging, Boise, Norampac, Pratt, Kapstone Kraft, Longview Fibre, Jiangsu
Shuangdeng, Jielong Group, Interstate Resources, Huanlong Group, International
Paper, Corrugated Services, Georgia-Pacific, Anhui Shanying Paper, Qingdao
Dahua, PCA, Durango Group, Green Bay, Rock-Tenn, Shangfeng Group, Sicuan
Kangli, Shenzhen Huali Packing and Trading, US Corrugated, Temple-Inland
Zhejiang Jingxing Paper, Sonoco Products, Shengda Group.
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