SkyQuest Technology Group recently introduced Corrugated Board Market study with in-depth overview, describing about the Product/Industry Scope and elaborates market outlook and status (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. The Corrugated Board Market has witnessed Excellent growth over the past decade and is expected to maintain its upward trajectory.
Corrugated Board Market size was valued at USD 134.7 billion in 2023 and is poised to grow from USD 142.51 billion in 2024 to USD 223.74 billion by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032).
Rising need for greener packaging solutions and an extensive growth in the demand for packaging solutions and packaging products due to the rise in several e-commerce platforms worldwide are the major driving factors for the growth of the corrugated board market during the forecast period. In addition, the characteristics of a corrugated board such as highly recyclable and presence of fluting medium to prevent from shocks and pressure are also anticipated to contribute significantly to the demand for corrugated boards in the coming years.
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Furthermore, continuously growing innovations and rising investment by key market players for the development of their product portfolio and market position is projected to propel the corrugated board market over the forecast period. For instance, in May 2022, Mondi Group announced that it is going to invest around USD 275 million to increase the production of corrugated board. It will help it to increase supply capacity in Poland, Germany, and Turkey.
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2032, Y-o-Y growth rate, and CAGR):
The Corrugated Board Market can be segmented based on several factors, including product type, application, end-user, and distribution channel.
Flute Type
A Flute, B Flute, C Flute, E Flute, F Flute, Others
Product Type
Slotted Carton, Folding Carton, Telescope Carton, Die Cut Carton
Packaging Type
Containers, Boxes, Trays, Sheets, Others
Wall Style
Single Face, Single Wall, Double Wall, Triple Wall
End-User Industry
Processed Foods, Fresh Food And Produce, Beverages, Personal And Household Care, E-Commerce, Other End-User Industries (Electrical & Electronics, Healthcare, Industrial, Textile, Glass & Ceramics)
Corrugated Board Market – Regional Analysis:
– Corrugated Board North America Market includes (Canada, Mexico, USA)
– Corrugated Board Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
– Corrugated Board Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
– Corrugated Board South America Market includes (Brazil, Argentina)
– Corrugated Board Oceania Market (Australia & New Zealand)
Top Market Players in Corrugated Board Market are:
International Paper Company (United States)
Nine Dragons Paper (Holdings) Limited (China)
Smurfit Kappa Group (Ireland)
WestRock Company (United States)
Packaging Corporation of America (United States)
Oji Holdings Corporation (Japan)
DS Smith Plc (United Kingdom)
Mondi Group (United Kingdom)
Stora Enso Oyj (Finland)
Rengo Co., Ltd. (Japan)
Georgia-Pacific LLC (United States)
Nippon Paper Industries Co., Ltd. (Japan)
Klabin S.A. (Brazil)
Sappi Limited (South Africa)
Lee & Man Paper Manufacturing Ltd. (China)
Metsä Board Corporation (Finland)
Svenska Cellulosa Aktiebolaget (SCA) (Sweden)
Graphic Packaging Holding Company (United States)
Sonoco Products Company (United States)
Mayr-Melnhof Karton AG (Austria)
Corrugated Board Key Market Trends:
Increasing prevalence of corrugated board packaging in place of plastic packaging as an alternative for many different-different applications across the globe is creating lucrative growth opportunities for corrugated board market. Many industries are adopting corrugated packaging as main packaging material because it can be created easily, recyclable, and lowering the overall shipment cost as well, which has resulted in fostering the market growth in the recent years and expected to do so in the near future.
Also Read –
https://pando.life/article/794136
https://en.everybodywiki.com/Green_Roof
Forward-Looking Insights
The Corrugated Board Market is set to experience sustained growth, fueled by technological advancements, broader market access, and rising industry demand. With the industry addressing emerging challenges and capitalizing on new opportunities, it is expected to drive innovation and play a pivotal role in advancing health and economic progress.
About Company:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization have expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact Details:
SkyQuest Technology Group
USA (+1) 351-333-4748
Email: [email protected]
