Market Overview
The Global Heavy-Duty Corrugated Boxes Market is expected to grow at a CAGR during the forecasting period (2021-2028).
Heavy-duty corrugated boxes are a type of packaging produced by corrugated cardboards and consists of three different grades depending on type of strength required. The type includes single wall, double wall and triple wall of corrugated cardboards. These are extensively used for the packaging of the heavy consumer’s electronics such as refrigerators, washing machines etc. As heavy duty corrugated boxes are made from durable materials which provide superior protection for the bulky goods and facilitate safe long-distance transport.
Heavy-duty corrugated boxes is substantially used in end-user industries such as industrial machinery transportation & packaging, consumers electronics, agriculture, food and beverage processing, crockery and glassware, consumer good and appliances.
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Market Dynamics
The global heavy-duty corrugated boxes is driven by rising online shopping through E-commerce sites of the consumers electronics, industrial machinery with increasing number of the small, medium and large scale industries around the globe. Further market is driven by rising demand for the packaging of the medical devices, food processing machineries and other manufacturing industries.
Rising demand of the online shopping through E-commerce sites of the consumers electronics by the logistic companies drives the heavy duty corrugated boxes market
The market is driven by surge in the online shopping through e-commerce websites with growing consumers of the electronics home appliences around the globe. According to the UNCTAD, the global e-commerce sale increased by 13% in 2017 reached to around US$ 29 trillion this is primarily due to surge in the number of online shoppers.
Further rising demand for the consumers electronics in the developing countries due to growing population demand have propelled the heavy-duty corrugated boxes market. For instance as per the India Brand Equity Foundation Organization in 2019, the consumer electronics and appliances sale reached to around US$ 10.93 billion and is projected to reach around US$ 21 billion by 2025 in India.
Rising industrial machinery demand in food processing units as well as rising demand for cooruagated packaging of the medical devices
Increase in the food processing units, and surge in the prevelence of the chronic ailments have boosted the demand for the machineires and medical devices. It created massive demand for the packaging of the above mentioned medical devices furniture, equipment, machinery which ultimately boost the the heavy-duty corrugated boxes market.
Segment Analysis
By Product
Single Wall Boxes/3 Ply
Double Wall Boxes/5 Ply
Triple Wall Boxes/7 Ply
Slotted Boxes
Telescope Boxes
Die Cut Boxes
Folder Boxes
Pallet Boxes
By Type
Recycled Fluting
Testliner
Liner
Kraftliner
Fluting Medium
Semi-Chemical Fluting
Single Cover Boxes
Double Cover Boxes
By Capacity
Up to 50 Kg
50-100 Kg
Above 100 Kg
By End-User
Logistics
Pharmaceutical
Cosmetics & Personal Care
Food & Beverages
Consumer Electronics
Automotive
Chemicals Industry
By Region
North America
Europe
South America
Asia Pacific
Middle East and Africa
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Competitive Landscape
The heavy-duty corrugated boxes market is moderately competitive with the presence of local as well as global companies. some of the key players which are contributing to the growth of the market include Berry Plastics Group, Inc, Amcor Limited, Constantia Flexibles Group GmbH, Bemis Company, Inc, Sonoco Company, Avery Dennison Corporation, 3M Company, E.I. du Pont de Nemours and Company, CCL Industries Inc., WestRock Company and among others.
The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the heavy-duty corrugated boxes market globally. For instance, on 7th July 2020, CCL Industries Inc. has completed the acquisition of the InTouch Label and Packaging Co., Inc based in near Boston, Massachusetts for around US$ 10.9 million.
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Contact Information:
Sai Kiran Sales Manager at DataM Intelligence Email: [email protected] Tel: +1 877 441 4866 Website: www.datamintelligence.com
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