The global corrugated and paper boxes market size is estimated to be USD 93.79 billion in 2021, and reach USD 141.54 billion by 2027, registering a CAGR of 7.10% during the forecast period (2021-2027). Paper and paper-based packaging are vital components that serve various industries for the delivery of goods. It is considered a versatile and cost-efficient method for the transport of goods, ensuring protection to a large number of products shipped from various industries. Paperboard packaging is lightweight and is also customizable to meet customer requirements. Corrugated boxes are used as shipping containers in the food & beverages industry to deliver a range of items, owing to their several properties such as lightness, recyclability, strength, durability, and cost-effectiveness.

The rising e-commerce industry and the growing demand for sustainable packaging solutions are augmenting the growth of the corrugated and paper boxes market. E-commerce has witnessed a considerable growth in the last decade, backed by the rising internet penetration rate and the huge number of e-commerce websites.

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Corrugated boxes are considered a reliable and recyclable packaging solution. Rising industrialization and establishment of the delivery and retail startup are driving the market growth across the globe. The huge demand for corrugated boxes from online food delivery platforms is further escalating the growth of the global corrugated boxes market. High installation costs of machinery and equipment affect the revenue margins in the long run, which is hampering the global corrugated boxes market.

Due to the outbreak of COVID-19, the corrugated and paper boxes market has witnessed a rise in global sales, as people prefer doorstep delivery of food, beverages, dairy products, and others. These products come in corrugated and paper boxes packaging to avoid getting physical touch and maintain the product’s safety. Moreover, it is easily available and low in cost and can be recycled; therefore, it is much preferable over other packaging solutions, offering a huge growth to the corrugated and paper boxes market in 2020, post the outbreak of the COVID-19 pandemic.

The report outlines the global corrugated and paper boxes market study based on material, product, and application.

The corrugated and paper boxes market has been segmented into five geographical regions: North America, Asia Pacific, South America, Europe, the Middle East, and Africa. In 2020, Asia Pacific held the largest share in the global corrugated and paper boxes market, followed by Europe. The Asia Pacific is further estimated to dominate the corrugated and paper boxes market during the forecast period. Moreover, Europe is expected to project the highest CAGR in the global market over the forecast period.

The corrugated and paper boxes market has a presence of a few market players across the globe. The key corrugated and paper boxes market players operating in the global market include–

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The corrugated and paper boxes market report provides a thorough analysis of macro-economic factors and every segment’s market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market players’ presence in the respective segment and region/country. The information concluded in the report includes the inputs.

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