Corrugated Box Market Size to grow by 798.44 billion sq ft | Food and Beverage to be Largest Revenue-generating End-user Segment | Technavio
NEW YORK , July 4, 2022 |PRNewswire| -- Corrugated boxes are paper-based carton boxes that are used for packaging various durable and non-durable commodities. These boxes are durable, flexible, and lightweight and are cost-effective. They are used for packaging industrial and consumer goods. They are used as shelf-ready packaging (SRP) boxes by retailers in stores. The corrugated box market size is expected to grow by 798.44 bn sq ft from 2020 to 2025, according to Technavio. Moreover, the growth momentum of the market will accelerate at a CAGR of 6.23% during the forecast period. Technavio offers additional market insights that assist global businesses to obtain growth opportunities. Read a Sample Report Corrugated Box Market 2021-2025: Vendor Analysis and Scope The corrugated box market is fragmented, and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market. Some of the major vendors of the corrugated box market include Amcor Plc, BillerudKorsnas AB, DS Smith Plc, Georgia-Pacific LLC, International Paper Co., Mondi Group, Orora Packaging Australia Pty Ltd., Packaging Corp. of America, Smurfit Kappa Group Plc, and WestRock Co.
Corrugated Box Market Size to grow by 798.44 billion sq ft | Food and Beverage to be Largest Revenue-generating End-user Segment | Technavio
NEW YORK , July 4, 2022 |PRNewswire| -- Corrugated boxes are paper-based carton boxes that are used for packaging various durable and non-durable commodities. These boxes are durable, flexible, and lightweight and are cost-effective. They are used for packaging industrial and consumer goods. They are used as shelf-ready packaging (SRP) boxes by retailers in stores. The corrugated box market size is expected to grow by 798.44 bn sq ft from 2020 to 2025, according to Technavio. Moreover, the growth momentum of the market will accelerate at a CAGR of 6.23% during the forecast period. Technavio offers additional market insights that assist global businesses to obtain growth opportunities. Read a Sample Report Corrugated Box Market 2021-2025: Vendor Analysis and Scope The corrugated box market is fragmented, and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market. Some of the major vendors of the corrugated box market include Amcor Plc, BillerudKorsnas AB, DS Smith Plc, Georgia-Pacific LLC, International Paper Co., Mondi Group, Orora Packaging Australia Pty Ltd., Packaging Corp. of America, Smurfit Kappa Group Plc, and WestRock Co.