Global Heavy Duty Corrugated Packaging Market, By Product Type (Corrugated Boxes, Octabins, High Performance Totes, Vegetable Totes, Pallets, POP Displays, Others), Board Type (Single Wall, Double Wall, Triple Wall), Capacity (Up to 100 lbs., 100-300 lbs., Above 300 lbs.), End Use (Food and Beverages, Chemicals, Consumer Electronics, Cosmetics and Personal Care, Healthcare, Textile, Glassware and Ceramics, Automobile, Homecare, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
The heavy duty corrugated packaging market is expected to witness market growth at a rate of approximately 5.60% in the forecast period of 2021 to 2028, and will reach the value of USD 10.97 billion by 2028. Data Bridge Market Research report heavy duty corrugated packaging market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid urbanization globally is escalating the growth of heavy duty corrugated packaging market.
Heavy-duty corrugated boxes refer to the type of packaging boxes that are designed to satisfy the varying needs of the logistics industry to ship products over long distances. These boxes are widely used as shipping containers. They are developed from corrugated cardboards and consists of three different grades based on its strength including single wall, double wall and triple wall of corrugated cardboards.
The increased export and import activities across the globe acts as one of the major factors driving the growth of heavy duty corrugated packaging market. The increase in need for heavy-duty paper and multiwall bags across various end-users such as food and beverages, chemicals, consumer electronics, cosmetics and personal care, healthcare, and textile, among others, and increased intolerance for plastic accelerate the market growth. The high demand for these boxes as they save valuable storage space when the sides of the boxes are folded as per the need without using special carton sizing tool, and growing consumers of the electronics home appliances further influence the market. Additionally, increase in incidences of pollution, rapid urbanization, shift in consumer preferences, rapid urbanization, and surge in online shopping through e-commerce websites positively affect the heavy duty corrugated packaging market. Furthermore, advancements in the packaging solutions extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, stringent regulations and lack of awareness about the importance of sustainability in some emerging economies are expected to obstruct the market growth. Fluctuations in raw material prices are projected to challenge the heavy duty corrugated packaging market in the forecast period of 2021-2028.
This heavy duty corrugated packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on heavy duty paper and multiwall shipping sack market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Heavy Duty Corrugated Packaging Market Scope and Market Size
The heavy duty paper and multiwall shipping sack market is segmented on the basis of product type, board type, capacity and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the heavy duty paper and multiwall shipping sack market is segmented into corrugated boxes, octabins, high performance totes, vegetable totes, pallets, POP displays and others. Corrugated boxes have been further sub segmented into pallet boxes, single cover boxes, double cover boxes, telescopic boxes, liquid bulk boxes, slotted boxes and others. Others segment of product type consists of edge protectors and others.
- On the basis of board type, the heavy duty corrugated packaging market has been segmented into single wall, double wall and triple wall.
- On the basis of capacity, the heavy duty corrugated packaging market has been segmented into up to 100 lbs., 100-300 lbs. and above 300 lbs.
- On the basis of end use, the heavy duty corrugated packaging market consists of food and beverages, chemicals, consumer electronics, cosmetics and personal care, healthcare, textile, glassware and ceramics, automobile, homecare and others.
Heavy Duty Corrugated Packaging Market Country Level Analysis
The heavy duty corrugated packaging market is analyzed and market size, volume information is provided by country, product type, board type, capacity and end use as referenced above.
The countries covered in the global heavy duty corrugated packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the heavy duty corrugated packaging market due to the high usage of these boxes in the food sector within the region. Asia-Pacific is expected to witness fastest growth during the forecast period of 2021 to 2028 because of the expansion of e-commerce sector in the region.
The country section of the heavy duty corrugated packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Heavy Duty Corrugated Packaging Market Share Analysis
The heavy duty corrugated packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to heavy duty corrugated packaging market.
The major players covered in the heavy duty corrugated packaging market report are Smurfit Kappa, Stora Enso, Oji Holdings Corporation, Mondi, DS Smith, International Paper, WestRock Company, Vpk Packaging Group, Georgia-Pacific, Pratt Industries, Inc., Sonoco Products Company, Rengo Co., Ltd., Elsons International, SCG PACKAGING, GWP Packaging, Packaging Corporation of America, Menasha Packaging Company, LLC, Quadwall, Cheng Loong Corp., and U.S. Corrugated, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.