Heavy-Duty Corrugated Boxes Market Size, Share, Growth, and Forecast to 2029 | DataMIntelligence - Benzinga

2022-07-23 16:03:32 By : Ms. Chloe Zhou

Heavy-duty corrugated boxes are a type of packaging produced by corrugated cardboard and consist of three different grades depending on the type of strength required. The type includes single wall, double wall and triple wall of corrugated cardboard. These are extensively used for the packaging of heavy consumer’s electronics such as refrigerators, washing machines etc. As heavy-duty corrugated boxes are made from durable materials which provide superior protection for bulky goods and facilitate safe long-distance transport.

Heavy-duty corrugated boxes are substantially used in end-user industries such as industrial machinery transportation & packaging, consumers electronics, agriculture, food and beverage processing, crockery and glassware, consumer good and appliances.

The report covers all the major trends and drivers playing a key role in the growth of the heavy-duty corrugated boxes market. The heavy-duty corrugated boxes market is segmented by Product, Application, and Region.

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The global heavy-duty corrugated boxes are driven by rising online shopping through E-commerce sites of consumers electronics, industrial machinery with an increasing number of small, medium and large scale industries around the globe. The further market is driven by rising demand for the packaging of medical devices, food processing machinery and other manufacturing industries.

Rising demand of the online shopping through E-commerce sites of the consumer's electronics by the logistic companies drives the heavy-duty corrugated boxes market

The market is driven by the surge in online shopping through e-commerce websites with growing consumers of electronics home appliances around the globe. According to UNCTAD, the global e-commerce sale increased by 13% in 2017 reached around US$ 29 trillion this is primarily due to a surge in the number of online shoppers.

Further rising demand for consumers electronics in developing countries due to growing population demand has propelled the heavy-duty corrugated boxes market. For instance, as per the India Brand Equity Foundation Organization in 2019, the consumer electronics and appliances sale reached around US$ 10.93 billion and is projected to reach around US$ 21 billion by 2025 in India.

The heavy-duty corrugated boxes market is moderately competitive with the presence of local as well as global companies. some of the key players which are contributing to the growth of the market include Berry Plastics Group, Inc, Amcor Limited, Constantia Flexibles Group GmbH, Bemis Company, Inc, Sonoco Company, Avery Dennison Corporation, 3M Company, E.I. du Pont de Nemours and Company, CCL Industries Inc., WestRock Company and among others.

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The Full Report has the below insights.

The report offers a comprehensive evaluation of the market in terms of Market Value (US$) and Y-o-Y Growth Rates (%). It does so via in-depth qualitative insights, historical data (2020-2021), and verifiable projections about market size during the forecast period (2022-2029).

Visualize the composition of Heavy-duty corrugated boxes Market  segmentation By Technology, service, By Application, and country, highlighting the key commercial assets and players.

Corrugated Box Making Machine Market

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