The Future of Global Corrugated Packaging to 2029

This latest research provides a global outlook for the corrugated board and containerboard market.

Table of Contents Key Facts and Figures
Key facts
  • The containerboard market saw a drop in consumption of almost 7% in 2022, followed by a further decline of over 8.5% in 2023 
  • Plunging raw material prices have seen the containerboard market value tumble to just over $121 billion, which is below the market value for 2017. Meanwhile the value of converted corrugated boxes has dropped to some $160 billion, below the 2018 total, driven down by a decline in demand exacerbated by adjustments to high inventory levels throughout the supply chain. There is talk in the market of upward price adjustments being implemented in the short term, but this remains to be seen.
Find out:
  • What factors have caused the decline in the corrugated packaging market 
  • How will the market respond to changing environmental regulations 
  • Where will the impact of these regulations be most felt 
  • Why has void fill, rightsizing and lightweighting caused the market to decline 
  • When will new products enter the market and across what end uses
  • Who is innovating these products, and who are the winners and losers.  
Report definition 
  • Corrugated board typically consists of three layers: two layers of linerboard, which sandwich a layer of fluting. This board is then made into boxes for the packaging of a wide range of products, from fresh produce to FMCG, and industrial items, mainly in secondary packaging applications 
  • This report covers 13 end-use sectors and key grades within the corrugated market.  
Who should buy the report?  
  • Raw material suppliers  
  • Packaging manufacturers
  • End-users in the packaging sector
  • Industry consultants and analysts  
The Smithers Methodology
This report is based on extensive primary and secondary research. Primary research consists of targeted interviews with material suppliers, converters and experts drawn from key markets. This is supported by secondary research in the form of extensive literature analysis of published data, official government statistics, domestic and international trade organisation data, company websites, industry reports, trade press articles, presentations, and attendance at trade events.

Smithers provides deep insights, with raw data gained from consistent monitoring of the packaging industry. We use a range of data sources from key player annual reports to trade data including both import and export numbers, combined with in-house market research and analyst experience. We use an independent market modelling process, which when combined with primary research gives us the basis of our market data. We use a combined top-down and bottom-up approach for our market sizing and consistently examine the economic situation as developments occur and update our data accordingly. We work to establish the current norm of a market, and from there we assess the micro- and macro-economic environment implications which are going to ripple through the packaging sphere, with specific focus on material, end use and geographic region. We then move on to identifying industry defining technological advancements that provide a solid foundation for the future growth of the market and the numbers we publish.

About the author
Stephen Harrod spent 11 years building a market research company in South Africa, focused on the paper and packaging industry in that country, following which he spent six years in the paper industry with Mondi and JAC Labels before relocating to the UK. He has been authoring reports for Smithers since 2006, with a focus on global paper and packaging markets. 
The Future of Global Corrugated Packaging to 2029

Name The Future of Global Corrugated Packaging to 2029

Date 3/29/2024

Price $6750.00

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