Heavy-Duty Corrugated Packaging Market Size, Share,Growth, Industry, Forecast and outlook (2024-2031)
Heavy-duty corrugated packaging is a type of packaging produced by corrugated cardboard and consists of three different grades depending on the type of strength required. The type includes single wall, double wall and triple wall of corrugated cardboard. These are extensively used for the packaging of 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 bulky goods and facilitate safe long-distance transport. Heavy-duty corrugated packaging protects during transport, storage and handling of consumer electronics, automotive spare parts, semi-finished products, finished products, bulk products and are 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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Market Dynamics
The global heavy-duty corrugated packaging is driven by rising online shopping through E-commerce sites of the consumer’s electronics, industrial machinery with the increasing number of the small, medium and large-scale industries around the globe. The further market is driven by rising demand for the packaging of medical devices, food processing machinery 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 marketThe market is driven by a surge in online shopping through e-commerce websites with growing consumers of electronics home appliances around the globe.
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Segment Analysis
The global heavy-duty corrugated packaging market is segmented based on product, board types, capacity, end-users and region.Rising launching of the innovative packaging for food and beverages, pharmaceutical, automotive and chemical industries drives the growth of the corrugated boxes segment.Based on product, the global heavy-duty corrugated packaging market is divided into corrugated boxes, high-performance totes, vegetable totes, pallets, octa bins, pop displays and others. Among these, the corrugated boxes segment has the highest share in 2019, owing to increasing the demand by the international traders for packaging of fresh fruits and vegetables and other goods as well as the surge in import and export activities around the globe.
Competitive Landscape
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, Elson's International, GWP Packaging, Menasha Packaging Company, Quadwall, U.S. Corrugated, Inc. and among others.
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