Corrugated Paper Market
Paper packaging is a versatile and cost efficient method to protect preserve and transport a wide range of products.
Corrugated paper market. Over the last couple months and since china launched its ban on certain recycled commodities a lot has happened in the recovered paper markets. The corrugated board packaging market was valued at usd 262 61 billion in 2019 and it is expected to reach usd 339 95 billion by 2025 recording a cagr of 4 41 during the forecast period of 2020. The forecast exhibits the market prospects through 2025. Because it is produced by a small number of paper manufacturers linerboard prices are relatively stable but can change sharply every few months.
Corrugated packaging market overview. Linerboard is a type of paper used to make corrugated boxes. The global corrugated and paperboard boxes market 2020 is prompted to record 4 cagr during the forecast period 2017 2023. The global corrugated packaging market is growing faster than expected confounding some predictions that forecast a slowdown in corrugated consumption.
Among the top 10 manufacturers four of them nine dragons lee and man oji paper and taison group are from asia four from na ip wrk gp and pca and the remaining two are from. This report provides an in depth analysis of the global corrugated paper market. The global corrugated packaging market is fragmented with the top ten players holding just 33 percent market share in 2017. The corrugated packaging market is growing quickly helped by the explosion of e commerce and developments in digital printing technologies.
These changes are caused by a wide variety of market forces that we are tracking here. Global corrugated packaging market the global corrugated packaging market size is projected to reach usd 216470 million by 2026 from usd 211660 million in 2020 at a. Market analysis and insights. The paper packaging market was valued at usd 69 91 billion in 2019 and is anticipated to reach usd 88 73 billion by 2025 registering a cagr of 4 1 during the forecast period of 2020 2025.
And according to bill moore president of moore. The progress in the market can be observed with the.