November 12, 2024

Plastic Corrugated Packaging Market Size to Garner USD 35.11 Billion by 2032

The global plastic corrugated packaging market size was estimated to be around US$ 15.6 billion in 2022. It is projected to reach US$ 35.11 billion by 2032, indicating a CAGR of 8.50% from 2023 to 2032.

Plastic Corrugated Packaging Market Size 2023 To 2032

Key Takeaways

  • North America led the market with the biggest market share of 38% in 2022.
  • Asia-Pacific is projected to expand at the fastest CAGR during the forecast period.
  • By Packaging Type, the folding boxes segment dominated the market with a 27% share in 2022.
  • By Packaging Type, the trays segment is anticipated to grow at a noteworthy CAGR of 9.8% during the forecast period.
  • By Material, the polyethylene terephthalate (PET) segment held the dominating market share of 29% in 2022.
  • By Material, the polypropylene (PP) segment is expected to grow at a notable CAGR over the projected period.
  • By End-use Industry, the food and beverages segment held the largest market share of 57% in 2022.
  • By End-use Industry, the electrical electronics (EE) segment is predicted to grow at a remarkable CAGR over the projected period.

The market research report on the Plastic corrugated packaging market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Plastic corrugated packaging products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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Plastic Corrugated Packaging Market Scope

Report Coverage Details
Growth Rate from 2023 to 2032 CAGR of 8.50%
Market Size in 2023 USD 16.85 Billion
Market Size by 2032 USD 35.11 Billion
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Packaging Type, By Material, and By End-use Industry
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Polycrystalline Solar Cell Market Size to Garner USD 6.18 Billion by 2032

The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global Plastic corrugated packaging market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Plastic corrugated packaging market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Plastic corrugated packaging products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the Plastic corrugated packaging market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on Plastic corrugated packaging market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Plastic corrugated packaging market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

Plastic Corrugated Packaging Market Players

  • DS Smith Plc
  • Inteplast Group
  • Primex Plastics Corporation
  • Coroplast
  • SINOYQX (Hangzhou)
  • Tianfule Plastic Co., Ltd.
  • KARTON S.p.A.
  • Qingdao Tianfule Plastic Co. Ltd.
  • Supreme Plastic Inc.
  • CLPG (Corrugated Plastic Products Group)
  • NEFAB
  • Corrugated Plastic Solutions Co., Ltd.
  • Shanghai Qichang Plastic Co., Ltd.
  • Shish Industries Limited
  • Boxit Corporation

Market Segmentations

By Packaging Type

  • Folding Boxes
  • Trays
  • Crates
  • Inserts and Dividers
  • Bins and Racks

By Material

  • Polypropylene (PP)
  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Polycarbonate (PC))

By End-use Industry

  • Food Beverages
  • Agriculture
  • Healthcare
  • Automotive
  • Electrical Electronics

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

TABLE OF CONTENT

By Packaging Type

  • Folding Boxes
  • Trays
  • Crates
  • Inserts and Dividers
  • Bins and Racks

By Material

  • Polypropylene (PP)
  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Polycarbonate (PC))

By End-use Industry

  • Food Beverages
  • Agriculture
  • Healthcare
  • Automotive
  • Electrical Electronics

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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