Corrugated Packaging market is expected to grow at a robust rate through 2032 owing to the major applications in beauty and health products, confectionaries, graphical users, frozen, cigarettes, and chilled and other foods. Additionally, the increasing customer preference for online shopping is also contributing to the demand for corrugated packaging over the designated timeframe.

In addition, the rising demand for folding boxboard across the thriving healthcare sector would further augment the corrugated packaging industry scenario in the forthcoming years.

Overall, corrugated packaging market is bifurcated in terms of product, printing technique, end-user, and regions.

Based on the product, the folding boxboard segment is expected to reach $18 billion by 2032. While folding boards, in general, have three layers, depending on the product it is used to pack, there can be more. The middle one among the three layers, quite often, utilizes lightweight pulp, which enables mills to maintain lightweight boards.

On the basis of printing technique, the screen printing subsegment, under the others segment, is slated to gain massive traction between 2023-2032. In screen printing, ink is forced through a tight screen before mounting on a frame. The methodology emerges to be a perfect solution for high-resolution images. Hence, screen printing is used in retail packaging in POP displays and can be used for small and medium boxes.

Meanwhile, label stickers are projected to gain major impetus in the market owing to its cost affordability, allowing manufacturers to achieve a glossy finish in the boxes.

In terms of the end-user industry, the market growth is likely to be characterized by the chemical & plastics segment. Since chemical packaging comprises a plethora of associated risks and safety issues, the industry is observing massive demand for corrugated packaging. For packing both solid and liquid chemicals, corrugated boxes are used in a manner that enables the packages to be effectively handled, without compromising their safety.

Based on region, the North America corrugated packaging market is estimated to grow at a 4.0% CAGR during 2023-2032. Within the North American countries, the U.S.A. holds the highest demand for corrugated packets. Reports suggest that the country accounts for a share of over 80% of the overall product demand in the region.

Some of the key players in this market include Packaging Corporation of America (PCA), Danhil de M?xico, Celulosa y Corrugados de Sonora, Montebello Container Company LLC, Mondi Group, S.A. de C.V., Westrock Company, DS Smith, Sultana Packaging, Georgia-Pacific LLC, Evergreen Packaging LLC, Smurfit Kappa Group, Rengo Co., Ltd., and Cascades Inc.