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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Cardboard Wrap Packing Market: By Product Type, By End User, and Region Forecast 2019-2030
Cardboard Wrap Packing Market size was valued at US$ 148.2 billion in 2023 and is poised to grow at a CAGR of 6.5% from 2024 to 2030. Cardboard packaging is incredibly versatile and offers a fantastic range of uses. The primary goal of cardboard packaging is to protect goods (usually solid items) that need to be stored and transported. Cardboard Wraps and containers are fabricated boxes majorly used for packaging goods. The Corrugated fibreboard segment anticipated to grow at significant CAGR over the forecast years owing to corrugated cardboard can be recycled and reused up to 6/7 times before the fibres become too weak to use, this minimises waste generation, meaning fewer products are sent to a landfill. Being fully biodegradable, the product breaks down quickly if sent to a landfill.
Moreover, players are focusing on new launch and expansion to maintain the growth in the market. For instance, In June 2020 Domino to Launch the new business model for corrugated box production. Increase in demand for food and beverage packaging, increasing in demand for industrial, pharmaceutical packaging industries are all contributing to the growth of the cardboard wrap packaging market.
Study Period
2024-2030Base Year
2023CAGR
6.5%Largest Market
North AmericaFastest Growing Market
Asia Pacific
For decades, making cardboard wraps has been a labor-intensive operation. Significant progress has been achieved in the automation of the manufacturing process. Design, machine operation, sales, and administration all demand labor. Technology investment is expected to increase, driving the business towards a capital-intensive condition. The global cardboard wrap and container market is expected to increase at a steady rate throughout the projected period, owing to the expanding food and beverage industries. A surge in online sales is expected to benefit the whole cardboard packaging business in the forecasting period.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 148.2 billion |
Market CAGR |
6.5% |
By Product Type |
|
By End User |
|
By Region |
|
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The cardboard wrap packing market size was valued at US$ 63.1 billion in 2023 and is set to reach US$ 148.2 billion by 2030 at a CAGR of 6.5% from 2024-2030
The key segments covered in the restless leg’s syndrome market are technology, components, applications, and end-users.
The market key players are TetraPak, International Paper Co, Koch Industries Inc., RockTenn Co., Graphic Packaging Holding Co., Smurfit Kappa Group plc, Amcor, Mondi Group, OCTAL, Domtar, WestRock, Packaging Corporation of America
1.Executive Summary |
2.Global Cardboard Wrap Packing Market Introduction |
2.1.Global Cardboard Wrap Packing Market - Taxonomy |
2.2.Global Cardboard Wrap Packing Market - Definitions |
2.2.1.Product Type |
2.2.2.End User |
2.2.3.Region |
3.Global Cardboard Wrap Packing Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Cardboard Wrap Packing Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Cardboard Wrap Packing Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Corrugated fiberboard |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Single-face board |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Single-wall board |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Double-wall board |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Others |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6.Global Cardboard Wrap Packing Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Food and Beverage |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Beauty and Personal Care |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Pharmaceutical Electronics |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7.Global Cardboard Wrap Packing Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific (APAC) |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Middle East and Africa (MEA) |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Latin America |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.North America Cardboard Wrap Packing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.1.1.Corrugated fiberboard |
8.1.2.Single-face board |
8.1.3.Single-wall board |
8.1.4.Double-wall board |
8.1.5.Others |
8.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.2.1.Food and Beverage |
8.2.2.Beauty and Personal Care |
8.2.3.Pharmaceutical Electronics |
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
8.3.1.United States of America (USA) |
8.3.2.Canada |
9.Europe Cardboard Wrap Packing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Corrugated fiberboard |
9.1.2.Single-face board |
9.1.3.Single-wall board |
9.1.4.Double-wall board |
9.1.5.Others |
9.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Food and Beverage |
9.2.2.Beauty and Personal Care |
9.2.3.Pharmaceutical Electronics |
9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Germany |
9.3.2.France |
9.3.3.Italy |
9.3.4.United Kingdom (UK) |
9.3.5.Spain |
9.3.6.Rest of EU |
10.Asia Pacific (APAC) Cardboard Wrap Packing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Corrugated fiberboard |
10.1.2.Single-face board |
10.1.3.Single-wall board |
10.1.4.Double-wall board |
10.1.5.Others |
10.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Food and Beverage |
10.2.2.Beauty and Personal Care |
10.2.3.Pharmaceutical Electronics |
10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.China |
10.3.2.India |
10.3.3.Australia and New Zealand (ANZ) |
10.3.4.Japan |
10.3.5.Rest of APAC |
11.Middle East and Africa (MEA) Cardboard Wrap Packing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Corrugated fiberboard |
11.1.2.Single-face board |
11.1.3.Single-wall board |
11.1.4.Double-wall board |
11.1.5.Others |
11.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Food and Beverage |
11.2.2.Beauty and Personal Care |
11.2.3.Pharmaceutical Electronics |
11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.GCC Countries |
11.3.2.South Africa |
11.3.3.Rest of MEA |
12.Latin America Cardboard Wrap Packing Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Corrugated fiberboard |
12.1.2.Single-face board |
12.1.3.Single-wall board |
12.1.4.Double-wall board |
12.1.5.Others |
12.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Food and Beverage |
12.2.2.Beauty and Personal Care |
12.2.3.Pharmaceutical Electronics |
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Brazil |
12.3.2.Mexico |
12.3.3.Rest of LA |
13. Competition Landscape |
13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
13.2.1.TetraPak |
13.2.2.International Paper Co. |
13.2.3.Koch Industries, Inc. |
13.2.4.RockTenn Co. |
13.2.5.Graphic Packaging Holding Co. |
13.2.6.Smurfit Kappa Group plc |
13.2.7.Amcor |
13.2.8.Mondi Group |
13.2.9.OCTAL |
13.2.10.Domtar |
13.2.11.WestRock |
13.2.12.Packaging Corporation of America |
14. Research Methodology |
15. Appendix and Abbreviations |
Key Market Players