Tuesday, 21 November 2017

Worldwide Corrugated Container Board Market 2022: Key Challenges, Feature Trends and Outlook

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.


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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