The Global Heavy-Duty Corrugated Packaging Market is expected to grow at a high CAGR during the forecasting period (2021-2028).
Heavy-duty corrugated packaging is 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 packaging provides protection during transport, storage and handling of consumer electronics, automotive spare parts, semi-finished products, finished products, bulk products and easy to assemble, easy to dispose of packaging material.
Heavy-duty corrugated packaging is substantially used in end-user industries such as industrial machinery, chemical industry, transportation & packaging, electronics, agriculture, food and beverage industry, crockery and glassware, consumer goods and appliances.
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The global heavy-duty corrugated packaging is driven by rising online shopping through E-commerce sites of the consumer’s 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 many 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 packaging 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 packaging market. For instance as per the India Brand Equity Foundation Organization in 2019, the consumer electronics and appliences 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 og the medical devices drives the growth of the Heavy-Duty Corrugated Packaging market around the globe
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 packaging market.
High Performance Totes
By Board Type
Up to 100 lbs
Above 300 lbs
Food & Beverages
Glassware & Ceramics
Cosmetics & Personal Care
Middle East and Africa
The Heavy-Duty Corrugated Packaging 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 Mondi, DS Smith, Oji Holdings Corporation, Georgia-Pacific, WestRock Company, Smurfit Kappa, Stora Enso, International Paper, Packaging Corporation of America, Vpk Packaging Group, Pratt Industries, SCG PACKAGING, Sonoco Products Company, Rengo Co., Ltd, Elsons International, GWP Packaging, Menasha Packaging Company, Quadwall, U.S. Corrugated, Inc. 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 Packaging market globally. For instance, on 13th Feb 2017, Mondi Group has invested to install new machinery plant for the production of heavy-duty corrugated cardboard at its factory in Piaski, in Poland’s western part.
The project will enhance the production capacity by around 200 million square meters per year. Further 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.
Sai Kiran Sales Manager at DataM Intelligence Email: [email protected] Tel: +1 877 441 4866 Website: www.datamintelligence.com