The Global Corrugated Box Market is likely to gain a significant market share in the forecast period. Manufacturing process of corrugated box packaging could be bifurcated as containerboard combining process and box manufacturing process. In the containerboard combining process, multiple sheets of corrugating medium are glued to one another to the linerboard whereas in the box manufacturing process corrugated sheets are assembled into boxes.
On a commercial scale, the boxes are widely used as a packaging means as they are light weighted, highly durable, greater tensile, and offer cost effectiveness. Corrugated boxes are widely used for shipping of goods and materials. With the tremendous industrialization and globalization mainly in the emerging economies, the trade conditions have turned smooth and have resulted in prosperity. Further, rise in electronics and automotive sector stimulates the market growth during the forecast period. Innovative design and packaging methods are value additions in the global market scenario.
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The drivers for corrugated boxes market include advances in the packaging industry across the globe and use of effective marketing for food & beverage and pharmaceutical industry. Rise in use of household electronic item and appliances is likely to contribute to the market developments in the near future. Effective use of marketing and graphics is driving the packaging industry at present.
Geographical segmentation for corrugated boxed market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the market growth due to the rise in food & beverages industry and increase in personal care products.
The key players in the corrugated boxes market include DS Smith Plc, MeadWestvaco Corporation, Mondi Group, Nampak Limited, Packaging Corporation of America, Nine Dragons Paper, Smurfit Kappa Group, VPK Packaging Group, Tetra Pak, International Paper Co, Koch Industries Inc, Rock Team Corporation and Graphite Packaging Holding Co.
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