What is Global Folded Corrugated Paper Market?
The Global Folded Corrugated Paper Market is a vast and dynamic sector that encompasses the production, distribution, and sale of folded corrugated paper products worldwide. This market is driven by a variety of factors, including the increasing demand for eco-friendly packaging solutions, the growth of the e-commerce industry, and the rising need for cost-effective and efficient packaging materials. Folded corrugated paper, also known as cardboard, is a versatile material that is widely used in various industries for packaging purposes due to its durability, light weight, and recyclability. It is made by gluing a flat sheet of paper to a corrugated (wavy) layer, which gives it its unique strength and flexibility. The global market for this product is segmented based on type, application, and region. However, the market's growth is also challenged by several factors, such as the fluctuating prices of raw materials and the increasing competition from alternative packaging solutions. Despite these challenges, the Global Folded Corrugated Paper Market continues to show promising growth, driven by innovation and the increasing awareness about sustainable packaging solutions.
Single-walled, Double-walled, Triple-walled in the Global Folded Corrugated Paper Market:
The Global Folded Corrugated Paper Market is further segmented based on the type of corrugated paper, which includes single-walled, double-walled, and triple-walled. Single-walled corrugated paper is the most common type and is widely used for lightweight items. It consists of one layer of corrugated medium sandwiched between two linerboards. Double-walled corrugated paper, on the other hand, has two layers of corrugated medium and three linerboards, making it stronger and more durable. It is typically used for heavier items or products that require extra protection. Triple-walled corrugated paper is the strongest of the three and consists of three layers of corrugated medium and four linerboards. It is used for very heavy or fragile items that need maximum protection. Each type of corrugated paper has its own unique properties and uses, making them suitable for a wide range of applications in various industries. However, the choice of type depends on the specific requirements of the product to be packaged, such as its weight, size, and fragility.
Online Sales, Offline Sales in the Global Folded Corrugated Paper Market:
The Global Folded Corrugated Paper Market is also segmented based on the mode of sales, which includes online sales and offline sales. Online sales refer to the purchase of folded corrugated paper products through e-commerce platforms, company websites, and other online channels. This mode of sales has been growing rapidly in recent years, driven by the increasing penetration of internet and smartphone usage, the convenience of online shopping, and the wide range of products available online. Offline sales, on the other hand, refer to the traditional method of purchasing folded corrugated paper products from physical stores, distributors, and direct from manufacturers. Despite the growth of online sales, offline sales still account for a significant portion of the market, especially in regions where internet access is limited or where consumers prefer to physically inspect the product before purchase. Both online and offline sales play a crucial role in the distribution and sale of folded corrugated paper products, catering to different consumer preferences and market conditions.
Global Folded Corrugated Paper Market Outlook:
According to a recent survey, the Global Folded Corrugated Paper Market is expected to experience significant growth in the coming years. The market, which was valued at US$ 29670 million in 2022, is projected to reach a value of US$ 38260 million by 2029. This represents a compound annual growth rate (CAGR) of 3.7% during the forecast period from 2023 to 2029. This growth is expected to be driven by several factors, including the increasing demand for sustainable packaging solutions, the growth of the e-commerce industry, and the rising need for cost-effective and efficient packaging materials. However, the market's growth may be challenged by several factors, such as the fluctuating prices of raw materials and the increasing competition from alternative packaging solutions. Despite these challenges, the Global Folded Corrugated Paper Market is expected to continue its upward trajectory, driven by innovation and the increasing awareness about the benefits of corrugated paper products.
| Report Metric | Details |
| Report Name | Folded Corrugated Paper Market |
| Accounted market size in 2022 | US$ 29670 million |
| Forecasted market size in 2029 | US$ 38260 million |
| CAGR | 3.7% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Box on Demand, DS Smith, Rondo Ganahl, Menasha Packaging Company, International Paper Company, Smurfit Kappa, Papierfabrik Palm, Braepac Packaging, Independent Corrugator, Ribble Packaging Ltd |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
