corrugated packaging industry - Market Application, Technological Advancement, Key Players
Overview:
The Corrugated Packaging Market is set to grow at a CAGR of 5.9% during the forecast period 2019 to 2025. As per the Market Research Report, the market will hit US$250.9 billion in terms of valuation by the end of 2025. The market growth will be driven by the growing application in industries such as food & beverages. Based on the research report, a huge online customer base for corrugated packaging products will accelerate growth in the market till 2025. Although increasing regulations in the corrugated box industry will have a negative impact on the Global Corrugated Packaging Market’s Growth during this period. Increase in raw material prices is predicted to be a key challenge which could become a strong threat from 2019 to 2025 to companies. The market report published by expert analysts includes primary and secondary data and suggests that application, material, type, and wall construction segments are anticipated to witness tremendous growth till 2025. Factors such as technological innovations will become key growth drivers during the forecast period and an increase in preference for sustainable packaging solutions is also said to be supporting the market globally, however, the growth projected for the forecast period could be affected by increasing regulations and requirements which could negatively affect activities taking place across the market. The high cost associated with products is another challenge the market could face till 2025. Request sample report @ https://www.marketresearchfuture.com/sample_request/1205
Market Segmentation:
The Corrugated Packaging Market is segregated into different market segments based on application, material, type, and wall construction. For a comprehensive analysis of the market, the application, material, type, and wall construction segments are further split into smaller segments. The type segment is categorized into rigid boxes, self-erecting boxes, telescope boxes, slotted boxes, and others. Furthermore, based on wall construction, the global market is also segmented into single-wall, double-wall, and triple-wall. Based on the market segmentation analysis, the report covers market forecasts. On the basis of application, the global market is split into sub segments including food & beverages, electronic goods, pharmaceuticals, personal care, and others. The material segment is categorized into linerboard, medium, and others.
The rising e-commerce industry will support the market growth from 2019 to 2025. As per the market research report, the global market for corrugated packaging is anticipated to grow at a healthy rate across all the application, material, type, and wall construction segments. However, the presence of active threats such as the lack of skilled human resource could hamper the market growth. Business activities across packaging and printing have also been examined and studied by packaging and printing industry’s experienced analysts. The Corrugated Packaging Market Research Report covers findings with predictions and forecasts till 2025.
Regional Overview:
The Corrugated Packaging Market, with its product and service-related segments, is spread across the world. packaging and printing based regional markets are also covered in the market research report. The regional markets are Asia-Pacific, Europe, North America, the Middle East and Africa and the rest of the world. The growth in the demand for FMCG products and branded consumer durables is anticipated to be a major factor for growth across the packaging and printing space during the forecast period. The regional market in North America is classified as the United States, Mexico, Canada, and others. The packaging and printing sector based regional markets in Europe are split into Italy, Germany, France, and the United Kingdom. In the Asia Pacific region, the market is segmented into China, India, Japan, and others. packaging and printing based businesses in these regional markets are anticipated to grow due to the growing food & beverage industry during the forecast period 2019 to 2025. Although the market’s growth could be affected by the availability of substitutes. The analysts have also segmented markets of the Middle East, Africa, and the rest of the world.
Competitive Landscape:
Packaging and printing based organizations are profiled in the Market Research Report. The Corrugated Packaging Market along with companies and segments have been studied. The analysis of packaging and printing based business is also done to identify key challenges and strengths of these companies. The Global Corrugated Packaging Market Research Report covers SWOT analysis, Porter’s Five Force analysis of major packaging and printing related organizations. The strategy and other key details of these companies for the forecast period 2019 to 2025 are covered in the report. Easy handling is anticipated to support the market growth as the market is set to grow at a CAGR of 5.9% and reach a value of US$250.9 billion by 2025.
Industry News:
International Paper is supplying Olmuksan, a leading Turkish corrugated packaging maker, to Mondi. Mondi's footprint in the area will grow as a result of the takeover, which will result in organisational enhancements and the potential for paper incorporation. Mondi has decided to pay International Paper €66 million (US$81 million) for 90.38 percent of the outstanding shares of Olmuksan International Paper Ambalaj Sanayi ve Ticaret (Olmuksan). In a 100 percent basis, the implied market valuation will be around €88 million (US$108 million). Access Complete @ https://www.marketresearchfuture.com/reports/corrugatedpackaging-market-1205
Report
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