FMN | March 4th, 2019

Corrugated Market To Reach $115.15 Billion By 2022 The global corrugated boxes market is projected to rise at a steady Compound Annual Growth Rate of 3.69 percent within the forecast from 2017 to 2022, according to a recent report by Transparency Market Research. In 2017, the market was valued to be near about worth $96.60 billion. By the end of 2022, the global corrugated boxes market is estimated to reach around a worth of $115.15 billion. Based on end user, the segment of food and bever- ages are the leading one across the global corrugated boxes market. Geographically, Asia Pacific region is foreseen to sustain its lead in the span of coming years as well. The demand for corrugated boxes has grown due to notable rise in packaging and convert- ing sector. The rising usage of corrugated boxes in the delivery of fresh food and beverages, logistics, electronic goods, personal care, and home care is propelling the growth in the global market. In upcoming years, the corrugated boxes market is estimated to witness a significant progress from the e-commerce sector, globally. This is due to increased use of corrugated boxes by online vendors, as per the type of product being dispatched.

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