Cardboard Wrap Packing Market: By Product type (Corrugated fiberboard, Single-face board, Single-wall board, Double-wall board, and Others), End User (Food and Beverage, Beauty and Personal Care, Pharmaceutical Electronics), and Geography

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Cardboard Wrap Packing Market size was valued at USD 148.2 billion in 2022 and is poised to grow at a  CAGR of 6.5% from 2023 to 2029. 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.

Cardboard Wrap Packing Market Key Developments:
In September 2021 - Constantia Flexibles achieved up to 80% recycled content in a PE film using EcoLam laminates’ waste in an industrial recycling trial of EcoLam laminates. Further examinations showed that the type of adhesive and the type of printing ink used have a significant influence on the quality of recyclable material. Further investigation is underway to determine whether printed laminates can also be reused in food applications with suitable adhesives and inks.

Cardboard Wrap Packing Market Summary

Study Period

2023– 2029

Base Year

2022

CAGR

6.5%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Cardboard Wrap Packing Market Dynamics

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.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Cardboard Wrap Packing Market Segmentation

By Product Type
  • Corrugated fiberboard
  • Single-face board
  • Single-wall board
  • Double-wall board
  • Others
By End User
  • Food and Beverage
  • Beauty and Personal Care
  • Pharmaceutical Electronics
By Geography
  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA
LOCATION

Geography

Frequently Asked Questions

2022 is the base year and 2029 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

  • 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
  • Other Key Players