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US Corrugated Packaging Market| COVID-19 Impact, Global Trends and Forecast to 2025
US Corrugated Packaging Market| COVID-19 Impact, Global Trends and Forecast to 2025

BriefingWire.com, 6/26/2020 - US Corrugated Packaging Market Overview

With its fluting (arched layer) this packaging provides a very high strength to heavy goods as well as to fruit & vegetables, keeping it safe, fresh while maintaining hygiene. Scientific research has proven that corrugated reduces the risk of microbiological contamination prolonging shelf life by up to three days.

Key Players

Archis Packaging India Pvt. Ltd., Mondi Group (US), Smurfit Kappa Group (Ireland) , International Paper Company (Tennessee), Orora Packaging Australia Pty Ltd (Australia), WestRock (US), Georgia-Pacific LLC (Atlanta), KapStone Paper

Competitive Analysis

The US Corrugated Packaging market is competitive and fragmented owing to the presence of several big & small market players forming a competitive landscape. Key players are adopting the strategic trend of business expansion in the emerging markets.

Key market players are keen on taking care of ecological norms. In order to manufacture cardboard boxes without affecting the containers’ strength or durability; they reinforce corrugation inside the panels. This resultantly reduces both cost and wastage.

In order to survive and create new markets; manufacturers rely on innovation. Therefore, they keep themselves abreast of the new technological developments and latest consumer trends by developing human capital.

Segments

For the convenience of the report and enhanced understanding; the market of US Corrugated Packaging is segmented in to 4 key dynamics.

By Types : Comprising Slotted boxes, Self-Erecting Boxes / Auto-Bottom Boxes, Bliss / Rigid Boxes & Telescope boxes, etc.

By Applications : Personal Care, Food & Beverages, Pharmaceuticals & Healthcare, Electronic Goods, Paper Industry, among others.

Industry/ Innovation /Related News

March 20, 2018 – ExxonMobil (Germany) launched its new synthetic lubricant - Mobil SHC™ Grease 462 PF for corrugating machines. The innovation delivers superior bearing protection for corrugator rollers operating at extreme temperatures as 240°C and in humidity.

Geographical Analysis

North America market in 2016, dominated the global [FURL=https://www.marketresearchfuture.com/reports/corrugated-packaging-market-1205]US Corrugated Packaging Market[/FURL] with 33.4% share. The region is further expected to grow at 5.69% CAGR during the review period. This growth of the region attributes to the burgeoning e-commerce industry fueled by the increasing cross-border trade and huge demand for online shopping.

On the other hand, Asia-Pacific region, emerging as the fastest growing market of US Corrugated Packaging registered 6.39% of a CAGR in 2016. Growing with the lucrative opportunities in packaging industry and growing ecommerce industry in the region, APAC is expected to register a fabulous CAGR during the forecast period.

Get Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/corrugated-packaging-market-1205

 
 
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