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Global Corrugated Board Market to reach USD 141.4 billion by 2027.

Global Corrugated Board Market Size study, By Flute Type (A, B, C, E, F), By Board Style (Single Face, Single Wall, Double Wall, Triple Wall) and Regional Forecasts 2021-2027

Product Code: OIRCGS-46470086
Publish Date: 23-06-2021
Page: 200

Global Corrugated Board Market is valued approximately USD 91 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.5% over the forecast period 2021-2027. A corrugated fiberboard sheet is formed by sticking three sheets together, two sheets on the outside which are flat liners and the sheet in the middle which has a rippled shape, with a thick, starchy glue that is frequently used in the packaging industry. They are useful for shipping purposes because they can easily be printed on, are very strong and durable, and they can be widely recycled. Its multi-layered design offers a steady cushion that keeps products safe during transportation. Its lightweight, customizable design makes it one of the most cost-effective options available for packaging. Above mentioned advantages, coupled with the rising demand for eco-friendly packaging solutions and increasing demand from e-commerce platforms, are driving the Corrugated Board market. The major usage of corrugated boards is in the shipping of products from e-commerce channel. The e-commerce industry is booming, and hence the demand for corrugated boards will increase. United Nations Conference on Trade and Development reports that the global e-commerce sales jumped to $26.7 trillion in 2019, up 4% from $25.6 trillion in 2018. In addition to that, COVID-19 pandemic increased online retail sales share of total retail sales from 16% to 19% in 2020. The United States continued to dominate the overall e-commerce market, followed by Japan, China, South Korea and UK. As compared to cardboard boxes, there is a lack of durability in corrugated boards. This issue may act as a restraint for its growth. However, the growing demand for the eco-friendly packaging acts as an opportunity for Corrugated Board Market in subsequent decade.

Key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World are analysed to provide a holistic picture of Corrugated Board Market. Due to eco-friendly practices followed by manufacturers as well as higher per capita income, North America has emerged as a significant region across the world in terms of market share. Whereas, Asia-Pacific is expected to exhibit the highest growth rate for the forecast period 2021-2027 owing to the growing e-commerce industry. Rising disposable income and growing awareness for environment friendly practices will also boost growth in this region.

Major market player included in this report are:
International Paper
Georgia-Pacific
WestRock Company
Packaging Corporation of America
Stora Enso
Oji Holdings Corporation
Smurfit Kappa
Port Townsend Paper Company
Mondi
DS Smith

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Flute Type:
A-Flute
B-Flute
C-Flute
D-Flute
E-Flute
F-Flute
Others

By Board Style:
Single Face
Single Wall
Double Wall
Triple Wall

By Region:
North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Corrugated Board Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Corrugated Board Market, by Flute Type, 2019-2027 (USD Billion)
1.2.2. Corrugated Board Market, by Board Style, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Corrugated Board Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Corrugated Board Market Dynamics
3.1. Corrugated Board Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Rising demand from the e-commerce industry
3.1.1.2. Recycling property and ease of use of corrugated boards
3.1.2. Market Challenges
3.1.2.1. Lack of durability as compared to substitutes
3.1.3. Market Opportunities
3.1.3.1. Growing demand for the eco-friendly packaging
Chapter 4. Global Corrugated Board Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Corrugated Board Market, by Flute Type
5.1. Market Snapshot
5.2. Global Corrugated Board Market by Flute Type, Performance – Potential Analysis
5.3. Global Corrugated Board Market Estimates & Forecasts by Flute Type 2018-2027 (USD Billion)
5.4. Corrugated Board Market, Sub Segment Analysis
5.4.1. A-Flute
5.4.2. B-Flute
5.4.3. C-Flute
5.4.4. D-Flute
5.4.5. E-Flute
5.4.6. F-Flute
5.4.7. Others
Chapter 6. Global Corrugated Board Market, by Board Style
6.1. Market Snapshot
6.2. Global Corrugated Board Market by Board Style, Performance – Potential Analysis
6.3. Global Corrugated Board Market Estimates & Forecasts by Board Style 2018-2027 (USD Billion)
6.4. Corrugated Board Market, Sub Segment Analysis
6.4.1. Single Face
6.4.2. Single Wall
6.4.3. Double Wall
6.4.4. Triple Wall
Chapter 7. Global Corrugated Board Market, Regional Analysis
7.1. Corrugated Board Market, Regional Market Snapshot
7.2. North America Corrugated Board Market
7.2.1. U.S. Corrugated Board Market
7.2.1.1. Flute Type breakdown estimates & forecasts, 2018-2027
7.2.1.2. Board Style breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Corrugated Board Market
7.3. Europe Corrugated Board Market Snapshot
7.3.1. U.K. Corrugated Board Market
7.3.2. Germany Corrugated Board Market
7.3.3. France Corrugated Board Market
7.3.4. Spain Corrugated Board Market
7.3.5. Italy Corrugated Board Market
7.3.6. Rest of Europe Corrugated Board Market
7.4. Asia-Pacific Corrugated Board Market Snapshot
7.4.1. China Corrugated Board Market
7.4.2. India Corrugated Board Market
7.4.3. Japan Corrugated Board Market
7.4.4. Australia Corrugated Board Market
7.4.5. South Korea Corrugated Board Market
7.4.6. Rest of Asia Pacific Corrugated Board Market
7.5. Latin America Corrugated Board Market Snapshot
7.5.1. Brazil Corrugated Board Market
7.5.2. Mexico Corrugated Board Market
7.6. Rest of The World Corrugated Board Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.3. International Paper
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. Georgia-Pacific
8.3.3. WestRock Company
8.3.4. Packaging Corporation of America
8.3.5. Stora Enso
8.3.6. Oji Holdings Corporation
8.3.7. Smurfit Kappa
8.3.8. Port Townsend Paper Company
8.3.9. Mondi
8.3.10. DS Smith
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
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Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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