Corrugated Box Market Analysis/Opportunity, 2014 – 2020

 

According to a new report this week by Future Market Insights, Valley College, N.Y., USA, rapid industrialization, particularly in emerging economies such as China, Brazil, and India, is expected to increase trade activities in this region, thus, subsequently driving the demand for corrugated boxes market. In addition, growth of the electronics and automotive sectors is expected to boost the growth of the corrugated boxes market over the next few years, as these boxes provide protection to the various delicate parts of this equipment. 

Furthermore, innovation in design of corrugated boxes has led to its increased demand in packaging of various foods & beverages, cosmetics, and pharmaceuticals, thus boosting the growth of the corrugated boxes market. The growth of these sectors is expected to fuel the demand for corrugated boxes over the next few years. 

The report studies the economic turndown in 2008 – 2009, which led to a lowering in trade activities, adversely impacting the corrugated boxes market. Slow economic recovery and trade activities in several nations are expected to restraint the growth of the corrugated boxes market. 

Moreover, according to the report, increasing prices for corrugated boxes are expected to be another vital factor hampering the growth of the corrugated boxes market over the next few years. The growing concept of corrugated boxes as a point-of-sale display is expected to open opportunities for the growth of the corrugated boxes market. Other corrugated boxes market growth considerations include: 

• Foods & beverages was the largest end-use segment of the market. However, personal care products, household care products, electronics, and chemicals are expected to show a significant growth in demand for corrugated boxes over the next six years.
• The U.S. had the largest corrugated boxes market; however, China is expected to surpass the U.S. within the forecast period, making Asia Pacific the largest corrugated boxes market. 
• On a regional level, Asia Pacific was the largest market and the trend is expected to continue over the next few years, due to the high prevalence of 
  

More information is available online.