Global Heavy Duty Corrugated Packaging Market, By Type (Rigid Boxes, Self-Erecting boxes, Telescopes Boxes, Slotted Boxes, Others), Material (Linerboard, Medium, Others), Style (Slotted Box, Telescopes, Folders, Trays, Sheets, Fanfold, Die Cut Bliss, Die Cut Interiors), Product Type (Corrugated Boxes, Octabins, High-Performance Totes, Vegetable Totes, Pallets, POP Displays, Others), Board Type (Single Wall, Double Wall, Triple Wall), Capacity (Up to 100 lbs., 100-300 lbs., Above 300 lbs.), End Use (Food and Beverages, Chemicals Industry, Consumer Electronics, Cosmetics and Personal Care, Healthcare, Textile, Glassware and Ceramics, Automobile, Homecare, Logistics, Electronic goods, Pharmaceutical, Other) – Industry Trends and Forecast to 2030.
Heavy Duty Corrugated Packaging Market Analysis and Size
The global heavy duty corrugated market is expanding as public awareness of issues such as the environment grows. People are willing to contribute to sustainability, improving the quality of life while helping to save the environment and create a better society. People are adopting working standards that encourage online purchases of everything from small items, such as milk, to large ones, such as gifts. Since e-commerce relies on great packaging that is product-safe and gentle, the heavy duty corrugated board packaging market will be the one to be dependent upon. Additionally, the market is mainly attributed to the increasing adoption of heavy duty carton boxes, which are majorly used by the food industry.
Data Bridge Market Research analyses that the heavy duty corrugated packaging market, valued at USD 8.06 billion in 2022, will reach USD 12.16 billion by 2030, growing at a CAGR of 5.27% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Heavy Duty Corrugated Packaging Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Rigid Boxes, Self-Erecting boxes, Telescopes Boxes, Slotted Boxes, Others), Material (Linerboard, Medium, Others), Style (Slotted Box, Telescopes, Folders, Trays, Sheets, Fanfold, Die Cut Bliss, Die Cut Interiors), Product Type (Corrugated Boxes, Octabins, High Performance Totes, Vegetable Totes, Pallets, POP Displays, Others), Board Type (Single Wall, Double Wall, Triple Wall), Capacity(Up to 100 lbs., 100-300 lbs., Above 300 lbs.), End Use (Food and Beverages, Chemicals Industry, Consumer Electronics, Cosmetics and Personal Care, Healthcare, Textile, Glassware and Ceramics, Automobile, Homecare, Logistics, Electronic goods, Pharmaceutical, Other)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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International Paper (U.S.), Mondi (U.K.), Smurfit Kappa (Ireland), WestRock Company (U.S.), Oji Holdings Corporation (U.S.), Packaging Corporation of America (U.S.), DS Smith PLC. (U.K.), Rengo Co., Ltd. (Japan), Georgia-Pacific LLC. (U.S.), Cascades inc. (Canada), NIPPON PAPER INDUSTRIES CO., LTD. (Japan), Arabian Packaging Co L.L.C. (U.A.E), Neway Packaging (U.S.), Wertheimer Box Corporation (U.S.), Klabin S.A. (Brazil)
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Market Opportunities
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Market Definition
Heavy duty corrugated packaging is paperboard packaging typically made of corrugated fibreboard (corrugated cardboard). It is also called a "triple wall" or a "double wall." The enameled lining, a thin layer of waxed or coated paper that lines the interior cavity, gives the box most of its rigidity. Heavy-duty corrugated boxes are made to accommodate the various requirements of the logistics sector when shipping goods over long distances. The capacity to easily fold, discard, and withstand shocks while transported.
Heavy Duty Corrugated Packaging Market Dynamics
Drivers
- Growing consumer awareness of environmentally friendly packaging is driving the market growth
Corrugated box packaging can be produced more easily from recycled or composted waste. Consumers, majorly millennials, are becoming more concerned about how waste, packaging, and food production affect the environment. According to a survey, 59% of millennials think packaging should be eco-friendly at every value chain stage. Consumer demand for green packaging options positively impacts the growth of the heavy duty corrugated board packaging market.
- Sales of heavy-duty corrugated boxes in FMCG create a surge in market
Solid and long-lasting materials are used to construct heavy-duty corrugated boxes, which offer excellent protection for large items and enable secure long-distance transportation. Shipping containers made of heavy-duty corrugated packaging are frequently used. Food, drinks, cosmetics, pharmaceuticals, hazardous materials, and other items that come in packages are commonly used. Heavy duty corrugated packaging products offer protection on their own but frequently need additional padding from corrugated inserts and edge protectors to keep the fragile product safe. The need for heavy-duty corrugated packaging rises as consumer goods consumption per person rises. Fragile items are packed with extreme care using heavy-duty corrugated, which helps prevent damage during storage and transportation.
Opportunities
- Heavy duty Corrugated board packaging boosts market growth by providing protection and durability while being transported
Corrugated board products are designed to offer the highest level of protection during storage and transportation for delicate, big, bulky, or high-value products. The heavy-duty corrugated board layers strengthen the packaging, making it more robust than regular cardboard. To add strength, corrugated cardboard uses a variety of liners, such as Kraft liners, test liners, and chip linear. The transit cushion for the product is made of corrugated paperboard. Such packaging is used instead of wood and metal packaging because it is eco-friendly, affordable, and renewable. There are many variations of corrugated board packaging, such as double-wall, triple-wall, and others. Heavy duty packaging is increasingly used for packaging goods because it is lightweight and extremely durable Octa bins are highly used for heavy-duty work packaging.
- Growing demand for e-commerce creates demand for heavy duty corrugated packaging
Through the region's rapidly urbanizing population, including China, India, and other nations, e-commerce has seen significant growth. The shift toward online shopping is primarily motivated by its convenience over physical stores. In some areas, such as the European region, thick paperboard and liner board use is restricted because of the high energy intensity required for manufacturing. Insight to an increase in online shopping for consumer electronics and industrial machinery, the demand for heavy-duty corrugated packaging may grow due to increased demand for machines used in medical devices, food processing equipment, and other products.
Restraints/Challenges
- Rising raw material prices and the availability of inexpensive substitutes hamper the growth of the market
The availability of low-cost alternatives to corrugated packaging restricts the market's growth. Stretch and shrink wrap, reusable plastic packaging, and intermediate bulk packaging containers outperform corrugated packaging in terms of aesthetics, cost-effectiveness, and durability. This indicates that these alternatives' availability limits the demand for corrugated packaging. In addition, rising raw material costs limit the demand for goods made of heavy duty corrugated packaging.
This heavy duty corrugated packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the heavy duty corrugated packaging market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2021, Mondi launched a selection of environmentally friendly corrugated packaging options for online grocery delivery services throughout Europe. Seven new packaging solutions meet the demand for new delivery packaging solutions. During Covid, the company introduced a new product for delivery purposes. These products will feed the delivery market.
- In 2021, International paper decided to divest Turkey's corrugated packaging business. Mondi Group and international paper were the parties to the agreement. This agreement was made between the companies to serve the market and give them an advantage. The packaging industry will experience growth in the market.
- In 2022 - the remaining interest in GRUPO Gondi was purchased by Westrock Co., A U.S.-based manufacturer of containerboard and packaging, for USD 970 billion plus the assumption of debt. GRUPO Gondi runs nine corrugated packaging plants, four paper mills, and six high graphic plants throughout Mexico. After the transaction was completed, the company had reportedly further strengthened its position in the expanding Latin American markets.
- In 2022 - Menasha packaging company, L.L.C., a Menasha corporation subsidiary, announced the signing of a contract to buy the assets of color-box, a Georgia-Pacific, L.L.C. business unit. Early summer 2022 is the anticipated completion date for the acquisition. Like Menasha packaging, colour-box is a corrugated packaging manufacturer focusing on high-graphic boxes. This partnership will help the business's geographic reach and give its clients more graphic, design, and structural packaging options.
Global Heavy Duty Corrugated Packaging Market Scope
The heavy duty corrugated packaging market is segmented on the basis of type, material, style, product type, board type, capacity and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Rigid Boxes
- Self-Erecting boxes
- Telescopes Boxes
- Slotted Boxes
- Others
Material
- Linerboard
- Medium
- Others
Style
- Slotted Box
- Telescopes
- Folders
- Trays
- Sheets
- Fanfold
- Die Cut Bliss
- Die Cut Interiors
Product Type
- Corrugated Boxes
- Pallet Boxes
- Single cover boxes
- Double cover boxes
- Telescopic Boxes
- Liquid Bulk Boxes
- Slotted Boxes
- Others
- Octabins
- High Performance Totes
- Vegetable Totes
- Pallets
- POP Displays
- Others
- Edge protectors
Board Type
- Single Wall
- Double Wall
- Triple Wall
Capacity
- Up to 100 lbs.
- 100-300 lbs.
- Above 300 lbs.
End User
- Food and Beverages
- Chemicals Industry
- Fertilizers
- Consumer Electronics
- Electrical and electronics
- Cosmetics and Personal Care
- Healthcare
- Textile
- Glassware and Ceramics
- Automobile
- Homecare
- Logistics
- Electronic goods
- Pharmaceutical
- Other
Heavy Duty Corrugated Packaging Market Regional Analysis/Insights
The heavy duty corrugated packaging market is analysed and market size insights and trends are provided by country, type, material, style, product type, board type, capacity and end user are referenced above.
The countries covered in the heavy duty corrugated packaging market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
Europe dominates the market and will continue to flourish its trend of dominance during the forecast period. The major factors attributable to the region’s dominance are the high usage of these boxes in the food sector within the region.
Asia-Pacific will undergo the highest growth rate during the forecast period owing to the expansion of e-commerce sector in Malaysia, Indonesia, and Philippines. Additionally, the continuous industrialization and urbanization is leading high consumption rate of these products in China, India and Japan.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Heavy Duty Corrugated Packaging Market Share Analysis
The heavy duty corrugated packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to heavy duty corrugated packaging market.
Some of the major players operating in the heavy duty corrugated packaging market are:
- International Paper. (U.S.)
- Mondi (U.K.)
- Smurfit Kappa (Ireland)
- WestRock Company. (U.S.)
- Oji Holdings Corporation (U.S.)
- Packaging Corporation of America (U.S.)
- DS Smith Plc (U.K.)
- Rengo Co., Ltd. (Japan)
- Georgia-Pacific LLC. (U.S.)
- Cascades inc. (Canada)
- NIPPON PAPER INDUSTRIES CO., LTD. (Japan)
- Arabian Packaging Co L.L.C. (U.A.E)
- Neway Packaging (U.S.)
- Wertheimer Box Corporation (U.S.)
- Klabin S.A. (Brazil)
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