The Asia Pacific Corrugated Packaging Market would witness market growth of 4.9% CAGR during the forecast period (2022-2028).
In terms of shopping, customer behavior has changed over time, and this has resulted in enormous developments. People's propensity for online shopping is growing quickly, which will have a significant impact on the development of the market. The rise of the online retail sector is anticipated to offer the corrugated packaging market excellent growth opportunities as globalization's influence spreads.
Additionally, the adoption of corrugated packaging is significantly influenced by sustainability. When it comes to environmental preservation. The governments of many nations are concentrating on reducing the negative effects of pollution, and other factors on the environment as knowledge of the effects of pollution and global warming rises. Numerous government and non-government organizations are putting together recycling programs and initiatives. These programs contribute to sustainability standards being maintained.
The corrugated box industry is integrally tied to the industrial sector in India, which primarily depends on corrugated box packing for completed commodities transit and handling. India's corrugated box industry has grown due to increased consumer demand for fresh food and beverages, home and personal care products, electronics, and ecological packaging, as well as the development of e-commerce. The five-ply type of box contributed significantly to sales volume in FY2018. Since it is now made using fully or partially automated machinery, enhancing its strength and displacing the 7-Ply and 9-Ply boxes, the 5-Ply box has taken over the market. All of these elements are hastening the demand for and use of corrugated boxes in the region, which is, in turn, hastening the expansion of the regional market.
The China market dominated the Asia Pacific Corrugated Packaging Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $17,703.8 Million by 2028. The Japan market is estimated to grow a CAGR of 4.3% during (2022 - 2028). Additionally, The India market would experience a CAGR of 5.5% during (2022 - 2028).
Based on Industry, the market is segmented into Food & Beverages, Electronic Goods, Personal Care, Pharmaceuticals, and Others. Based on Wall Type, the market is segmented into Single Wall, Double Wall, Triple Wall, and Single Face. Based on Packaging Type, the market is segmented into Boxes, Sheets, Trays, Containers, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Corrugated Packaging Market is Projected to reach USD 170.5 Billion by 2028, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DS Smith Plc, Georgia-Pacific LLC (Koch Industries, Inc.), Mondi Plc, Oji Holdings Corporation, International Paper Company, WestRock Company, Smurfit Kappa Group plc, Menasha Corporation, Packaging Corporation of America, and Rengo Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Industry
- Food & Beverages
- Electronic Goods
- Personal Care
- Pharmaceuticals
- Others
By Wall Type
- Single Wall
- Double Wall
- Triple Wall
- Single Face
By Packaging Type
- Boxes
- Sheets
- Trays
- Containers
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- DS Smith Plc
- Georgia-Pacific LLC (Koch Industries, Inc.)
- Mondi Plc
- Oji Holdings Corporation
- International Paper Company
- WestRock Company
- Smurfit Kappa Group plc
- Menasha Corporation
- Packaging Corporation of America
- Rengo Co., Ltd
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Corrugated Packaging Market, by Industry
1.4.2 Asia Pacific Corrugated Packaging Market, by Wall Type
1.4.3 Asia Pacific Corrugated Packaging Market, by Packaging Type
1.4.4 Asia Pacific Corrugated Packaging Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.2.5 Joint Ventures
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers : 2018, Jun – 2023, Jan) Leading Players
Chapter 4. Asia Pacific Corrugated Packaging Market by Industry
4.1 Asia Pacific Food & Beverages Market by Country
4.2 Asia Pacific Electronic Goods Market by Country
4.3 Asia Pacific Personal Care Market by Country
4.4 Asia Pacific Pharmaceuticals Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Corrugated Packaging Market by Wall Type
5.1 Asia Pacific Single Wall Market by Country
5.2 Asia Pacific Double Wall Market by Country
5.3 Asia Pacific Triple Wall Market by Country
5.4 Asia Pacific Single Face Market by Country
Chapter 6. Asia Pacific Corrugated Packaging Market by Packaging Type
6.1 Asia Pacific Boxes Market by Country
6.2 Asia Pacific Sheets Market by Country
6.3 Asia Pacific Trays Market by Country
6.4 Asia Pacific Containers Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Corrugated Packaging Market by Country
7.1 China Corrugated Packaging Market
7.1.1 China Corrugated Packaging Market by Industry
7.1.2 China Corrugated Packaging Market by Wall Type
7.1.3 China Corrugated Packaging Market by Packaging Type
7.2 Japan Corrugated Packaging Market
7.2.1 Japan Corrugated Packaging Market by Industry
7.2.2 Japan Corrugated Packaging Market by Wall Type
7.2.3 Japan Corrugated Packaging Market by Packaging Type
7.3 India Corrugated Packaging Market
7.3.1 India Corrugated Packaging Market by Industry
7.3.2 India Corrugated Packaging Market by Wall Type
7.3.3 India Corrugated Packaging Market by Packaging Type
7.4 South Korea Corrugated Packaging Market
7.4.1 South Korea Corrugated Packaging Market by Industry
7.4.2 South Korea Corrugated Packaging Market by Wall Type
7.4.3 South Korea Corrugated Packaging Market by Packaging Type
7.5 Singapore Corrugated Packaging Market
7.5.1 Singapore Corrugated Packaging Market by Industry
7.5.2 Singapore Corrugated Packaging Market by Wall Type
7.5.3 Singapore Corrugated Packaging Market by Packaging Type
7.6 Malaysia Corrugated Packaging Market
7.6.1 Malaysia Corrugated Packaging Market by Industry
7.6.2 Malaysia Corrugated Packaging Market by Wall Type
7.6.3 Malaysia Corrugated Packaging Market by Packaging Type
7.7 Rest of Asia Pacific Corrugated Packaging Market
7.7.1 Rest of Asia Pacific Corrugated Packaging Market by Industry
7.7.2 Rest of Asia Pacific Corrugated Packaging Market by Wall Type
7.7.3 Rest of Asia Pacific Corrugated Packaging Market by Packaging Type
Chapter 8. Company Profiles
8.1 DS Smith Plc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.5.4 Geographical Expansions:
8.2 Mondi Plc
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.4.2 Acquisition and Mergers:
8.3 Smurfit Kappa Group plc
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segment and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.4 Rengo Co., Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.5 International Paper Company
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Acquisition and Mergers:
8.6 WestRock Company
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.7 Oji Holdings Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.7.5.2 Joint Venture:
8.8 Packaging Corporation of America
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.9 Georgia-Pacific LLC (Koch Industries, Inc.)
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Geographical Expansions:
8.10. Menasha Corporation
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:
TABLE 1 Asia Pacific Corrugated Packaging Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Corrugated Packaging Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Corrugated Packaging Market
TABLE 4 Product Launches And Product Expansions– Corrugated Packaging Market
TABLE 5 Acquisition and Mergers– Corrugated Packaging Market
TABLE 6 Geographical expansions – Corrugated Packaging Market
TABLE 7 joint ventures – Corrugated Packaging Market
TABLE 8 Asia Pacific Corrugated Packaging Market by Industry, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Corrugated Packaging Market by Industry, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Electronic Goods Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Electronic Goods Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Personal Care Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Personal Care Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Pharmaceuticals Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Pharmaceuticals Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Corrugated Packaging Market by Wall Type, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Corrugated Packaging Market by Wall Type, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Single Wall Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Single Wall Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Double Wall Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Double Wall Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Triple Wall Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Triple Wall Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Single Face Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Single Face Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Corrugated Packaging Market by Packaging Type, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Corrugated Packaging Market by Packaging Type, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Boxes Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Boxes Market by Country, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Sheets Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Sheets Market by Country, 2022 - 2028, USD Million
TABLE 36 Asia Pacific Trays Market by Country, 2018 - 2021, USD Million
TABLE 37 Asia Pacific Trays Market by Country, 2022 - 2028, USD Million
TABLE 38 Asia Pacific Containers Market by Country, 2018 - 2021, USD Million
TABLE 39 Asia Pacific Containers Market by Country, 2022 - 2028, USD Million
TABLE 40 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 41 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 42 Asia Pacific Corrugated Packaging Market by Country, 2018 - 2021, USD Million
TABLE 43 Asia Pacific Corrugated Packaging Market by Country, 2022 - 2028, USD Million
TABLE 44 China Corrugated Packaging Market, 2018 - 2021, USD Million
TABLE 45 China Corrugated Packaging Market, 2022 - 2028, USD Million
TABLE 46 China Corrugated Packaging Market by Industry, 2018 - 2021, USD Million
TABLE 47 China Corrugated Packaging Market by Industry, 2022 - 2028, USD Million
TABLE 48 China Corrugated Packaging Market by Wall Type, 2018 - 2021, USD Million
TABLE 49 China Corrugated Packaging Market by Wall Type, 2022 - 2028, USD Million
TABLE 50 China Corrugated Packaging Market by Packaging Type, 2018 - 2021, USD Million
TABLE 51 China Corrugated Packaging Market by Packaging Type, 2022 - 2028, USD Million
TABLE 52 Japan Corrugated Packaging Market, 2018 - 2021, USD Million
TABLE 53 Japan Corrugated Packaging Market, 2022 - 2028, USD Million
TABLE 54 Japan Corrugated Packaging Market by Industry, 2018 - 2021, USD Million
TABLE 55 Japan Corrugated Packaging Market by Industry, 2022 - 2028, USD Million
TABLE 56 Japan Corrugated Packaging Market by Wall Type, 2018 - 2021, USD Million
TABLE 57 Japan Corrugated Packaging Market by Wall Type, 2022 - 2028, USD Million
TABLE 58 Japan Corrugated Packaging Market by Packaging Type, 2018 - 2021, USD Million
TABLE 59 Japan Corrugated Packaging Market by Packaging Type, 2022 - 2028, USD Million
TABLE 60 India Corrugated Packaging Market, 2018 - 2021, USD Million
TABLE 61 India Corrugated Packaging Market, 2022 - 2028, USD Million
TABLE 62 India Corrugated Packaging Market by Industry, 2018 - 2021, USD Million
TABLE 63 India Corrugated Packaging Market by Industry, 2022 - 2028, USD Million
TABLE 64 India Corrugated Packaging Market by Wall Type, 2018 - 2021, USD Million
TABLE 65 India Corrugated Packaging Market by Wall Type, 2022 - 2028, USD Million
TABLE 66 India Corrugated Packaging Market by Packaging Type, 2018 - 2021, USD Million
TABLE 67 India Corrugated Packaging Market by Packaging Type, 2022 - 2028, USD Million
TABLE 68 South Korea Corrugated Packaging Market, 2018 - 2021, USD Million
TABLE 69 South Korea Corrugated Packaging Market, 2022 - 2028, USD Million
TABLE 70 South Korea Corrugated Packaging Market by Industry, 2018 - 2021, USD Million
TABLE 71 South Korea Corrugated Packaging Market by Industry, 2022 - 2028, USD Million
TABLE 72 South Korea Corrugated Packaging Market by Wall Type, 2018 - 2021, USD Million
TABLE 73 South Korea Corrugated Packaging Market by Wall Type, 2022 - 2028, USD Million
TABLE 74 South Korea Corrugated Packaging Market by Packaging Type, 2018 - 2021, USD Million
TABLE 75 South Korea Corrugated Packaging Market by Packaging Type, 2022 - 2028, USD Million
TABLE 76 Singapore Corrugated Packaging Market, 2018 - 2021, USD Million
TABLE 77 Singapore Corrugated Packaging Market, 2022 - 2028, USD Million
TABLE 78 Singapore Corrugated Packaging Market by Industry, 2018 - 2021, USD Million
TABLE 79 Singapore Corrugated Packaging Market by Industry, 2022 - 2028, USD Million
TABLE 80 Singapore Corrugated Packaging Market by Wall Type, 2018 - 2021, USD Million
TABLE 81 Singapore Corrugated Packaging Market by Wall Type, 2022 - 2028, USD Million
TABLE 82 Singapore Corrugated Packaging Market by Packaging Type, 2018 - 2021, USD Million
TABLE 83 Singapore Corrugated Packaging Market by Packaging Type, 2022 - 2028, USD Million
TABLE 84 Malaysia Corrugated Packaging Market, 2018 - 2021, USD Million
TABLE 85 Malaysia Corrugated Packaging Market, 2022 - 2028, USD Million
TABLE 86 Malaysia Corrugated Packaging Market by Industry, 2018 - 2021, USD Million
TABLE 87 Malaysia Corrugated Packaging Market by Industry, 2022 - 2028, USD Million
TABLE 88 Malaysia Corrugated Packaging Market by Wall Type, 2018 - 2021, USD Million
TABLE 89 Malaysia Corrugated Packaging Market by Wall Type, 2022 - 2028, USD Million
TABLE 90 Malaysia Corrugated Packaging Market by Packaging Type, 2018 - 2021, USD Million
TABLE 91 Malaysia Corrugated Packaging Market by Packaging Type, 2022 - 2028, USD Million
TABLE 92 Rest of Asia Pacific Corrugated Packaging Market, 2018 - 2021, USD Million
TABLE 93 Rest of Asia Pacific Corrugated Packaging Market, 2022 - 2028, USD Million
TABLE 94 Rest of Asia Pacific Corrugated Packaging Market by Industry, 2018 - 2021, USD Million
TABLE 95 Rest of Asia Pacific Corrugated Packaging Market by Industry, 2022 - 2028, USD Million
TABLE 96 Rest of Asia Pacific Corrugated Packaging Market by Wall Type, 2018 - 2021, USD Million
TABLE 97 Rest of Asia Pacific Corrugated Packaging Market by Wall Type, 2022 - 2028, USD Million
TABLE 98 Rest of Asia Pacific Corrugated Packaging Market by Packaging Type, 2018 - 2021, USD Million
TABLE 99 Rest of Asia Pacific Corrugated Packaging Market by Packaging Type, 2022 - 2028, USD Million
TABLE 100 Key Information – DS Smith Plc
TABLE 101 Key Information – Mondi Plc
TABLE 102 Key Information – Smurfit Kappa Group plc
TABLE 103 Key Information – Rengo Co., Ltd.
TABLE 104 key Information – International Paper Company
TABLE 105 key Information – WestRock Company
TABLE 106 Key Information – Oji Holdings Corporation
TABLE 107 Key Information –Packaging Corporation of America
TABLE 108 Key Information – Georgia-Pacific LLC
TABLE 109 Key Information – Menasha Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisitions and Mergers : 2018, Jun – 2023, Jan) Leading Players
FIG 5 Recent strategies and developments: DS Smith Plc
FIG 6 Recent strategies and developments: Mondi Plc