Corrugated Packaging Market is predicted to reach USD 415.73 billion at a CAGR of 5.00% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Corrugated Packaging Market” that contains information from 2018 to 2030. The Corrugated Packaging market is estimated to register a CAGR of 5.00% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the global Corrugated Packaging market— Mondi Group Plc (South Africa), International Paper Company (U.S.), West Rock Company (U.S.), DS Smith Plc (U.K.), Rengo Co. Ltd. (Japan), Cascades Inc. (Canada), Packaging Corporation of America (U.S.), Georgia-Pacific LLC (U.S.), and Smurfit Kappa Group (Ireland).

Market Highlights

The global Corrugated Packaging market is accounted to register a CAGR of 5.00% during the forecast period and is estimated to reach USD 415.73 billion by 2030.

The corrugated packaging market involves the production and distribution of cardboard-based packaging materials with a wavy inner layer that provides strength and cushioning. These packages are widely used for shipping, storing, and protecting various goods across industries. The market's growth is driven by its cost-effectiveness, recyclability, and versatility for packaging solutions.

Segment Analysis

The global Corrugated Packaging market has been segmented based on Product Type and Operating Platforms.

On the basis of Product Type, the market is segmented into Rigid Boxes, Self-Erecting Boxes, Telescope Boxes, Slotted Boxes, and others. According to the revenue from the corrugated packaging industry, the Slotted Boxes corrugated packaging category contributed over 60% in 2021. They are often constructed from a single piece of corrugated board that has been sewn, taped, or glued together.

Based on Wall Construction, the global Corrugated Packaging market has been segmented into Single-Wall, Double-Wall and Triple-Wall. The single-wall segment dominated the market in 2021 and is anticipated to grow at the fastest rate from 2022 to 2030. This is because lowering the package's weight lowers transportation costs. As a result, the segment is anticipated to have the greatest CAGR during the projection period.

Based on Material, the global Corrugated Packaging market has been segmented into linerboard, medium, and others. Both in terms of value and volume, the linerboard material category dominated the market. At least 80% of the fibres in kraft liners are virgin kraft pulp fibres. In corrugated boxes, kraft liner is utilised as the outer and middle ply due to its great strength and resistance to moisture.

Based on Application, the global Corrugated Packaging market has been segmented into Food & Beverages, Electronic Goods, Pharmaceuticals, Personal Care, and others. In 2021, food and drink constituted the majority of the category share. These perishable goods have a short shelf life. Consequently, there is a critical requirement to safeguard the product against bacterial degradation, pathogens, and outside disruptions.

Regional Analysis

The global Corrugated Packaging market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Corrugated Packaging market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Corrugated Packaging market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Corrugated Packaging market comprises of Middle East, Africa, and Latin America.

The Asia-Pacific Corrugated Packaging Market dominated this market in 2022 USD 153.226 billion in 2021 and is expected to exhibit an 6.1% CAGR during the study period. The packaging market in Asia Pacific is expanding at a rapid pace. China, along with India, South Korea, and Australia, has regularly been among the top 15 countries in terms of corrugated output. Factors such as increasing urban population, rising environmental consciousness, need for sustainable and convenient packaging, growing e-commerce activities, and adoption of electronic goods, home, and personal care products are driving revenue growth of this region.

Additionally, For a little revenue share in 2021, Europe will dominate the corrugated packaging market. The corrugated packaging market in this region is expanding in terms of revenue due to rising consumer demand for environmentally friendly packaging across a variety of end-use industries, including the food and beverage, pharmaceutical, cosmetic, and automotive sectors. Another significant element boosting the corrugated packaging market's revenue growth in Europe is the presence of prominent firms as well as numerous startups working on product improvements and developments in this sector by combining improved technology.

Moreover, From 2022 to 2030, the North American Corrugated Packaging Market is anticipated to expand at a CAGR of 3.3%. This is because the market for corrugated packaging has seen revenue increase due to rising environmental awareness. Important businesses are making efforts to achieve sustainable goals. Corrugated boxes used for e-commerce are more likely to be printed with high-quality graphics and tailored to fit packaged contents in order to save money and boost the visual impact while unwrapping. Canada's corrugated packaging market also maintained the biggest market share.

Key Findings of the Study

• The global Corrugated Packaging market is expected to reach USD 415.73 billion by 2030, at a CAGR of 5.00% during the forecast period.


• The Asia-Pacific Corrugated Packaging Market dominated this market in 2022 USD 153.226 billion in 2021 and is expected to exhibit an 6.1% CAGR during the study period.


• Based on Material, Both in terms of value and volume, the linerboard material category dominated the market.


• Mondi Group Plc (South Africa), International Paper Company (U.S.), West Rock Company (U.S.), DS Smith Plc (U.K.), Rengo Co. Ltd. (Japan), Cascades Inc. (Canada), Packaging Corporation of America (U.S.), Georgia-Pacific LLC (U.S.), and Smurfit Kappa Group (Ireland).