Consumption of corrugated packaging materials likely to increase by nearly 4% annually between 2022 and 2027. Smithers's latest report represents a forecast of the global market for containerboard (raw materials) and corrugated board (converted products), drawn from a programme of primary and secondary research.
Consumption of corrugated packaging materials likely to increase by nearly 4% annually between 2022 and 2027. This will add over 40 million tonnes of material to the market over this period The value of the global market will increase by over $43 billion at constant 2021 prices.
This report represents Smithers's latest forecast of the global market for containerboard (raw materials) and corrugated board (converted products), drawn from a programme of primary and secondary research. The market is assessed from raw material production at paper mills through to finished corrugated packaging sold from converter plants to end users. Readers' attention is drawn to the section below detailing changes from previous reports.
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- The highest volume growth over the forecast period is expected to occur in the processed foods and electronics sectors, with the beverage market expected to add over 2.5 million tonnes of demand to the global total over this period
- The global pandemic was a key driver of growth in corrugated demand, mainly in the e-commerce sector, with internet shopping growing at a dramatic rate during 2020. High growth in demand from the Asia-Pacific region, especially China, fuelled this further during this period.
What will you discover?
- Investment in new capacity during 2019-20 saw production volumes increase by over 8% during 2020, with much of this increase being absorbed into stock level replenishment - one week of stock equates to some 4 million tonnes of materials. Consequently, actual consumption of corrugated materials increased by just 4% during 2020, following over 5% growth during 2019.
The Smithers methodology
This report is based on extensive primary and secondary research. Primary research consisted of interviews with targeted interviews with packaging material suppliers, converters and experts drawn from key markets. This was supported by secondary research in the form of extensive literature analysis of published data, official government statistics, domestic and international trade organisation data, company websites, industry reports, trade press articles, presentations, and attendance at trade events.
Who should buy the report?
- Raw material suppliers
- Corrugated board manufacturers
- Packaging manufacturers
- End users in the packaging sector
- Industry consultants and analysts
About the author
Stephen Harrod spent 11 years building a market research company in South Africa, focused on the paper and packaging industry in that country, following which he spent six years in the paper industry with Mondi and JAC Labels before relocating to the UK. He has been authoring reports for Smithers since 2006, with a focus on global paper and packaging markets.
Table of Contents
Executive summary
Introduction & methodology
- Introduction
- Objectives
- Scope
- Methodology
- Changes from previous reports
- Definitions
The corrugated board market and technology drivers 2022-27
- Introduction
- The corrugated supply cycle
- The profit pool
- Key drivers and trends
- The growth of e-commerce packaging
- Right-sizing expands with e-commerce growth
- Recycling and sustainability
- New coatings technologies
- Changes in retailing
- The evolution of inkjet printing
- Finer flute grades
- Industry consolidation
The global corrugated board market (historic) 2016-21
- Introduction
- The global containerboard industry
- Production
- Major producers
- Capacity changes
- Trade
- Apparent consumption
- The global corrugated board industry
- Conversion
- Converters
- Trade
- Actual consumption
The global corrugated board market (future) 2021-27
- Introduction
- Containerboard
- Apparent consumption
- Region and country forecast
- Grades
- Introduction
- White-top kraftliner
- Unbleached kraftliner
- White-top testliner
- Unbleached testliner
- Waste-based fluting
- Semi-chemical fluting
- Corrugated board
- Actual consumption
- Region and country forecast
Corrugated board packaging markets by end-use application 2021-27
- Overview
- Detailed market analysis
- Processed foods
- Fresh food and produce
- Beverages
- Personal care, healthcare and household care
- Chemicals
- Paper products
- Electrical goods
- Glassware and ceramics
- Wood and timber product
- Textiles
- Tobacco
- Vehicle parts
- Other sectors
Corrugated board packaging markets by geographic region
- Introduction
- Volume
- Value
- Growth
- Incremental demand
- Volume per capita
- Americas
- Raw material supply
- Corrugated conversion
- End-use sectors
- North America
- Raw material supply
- Corrugated conversion
- End-use sectors
- US
- Canada
- Mexico
- South and Central America
- Raw material supply
- Corrugated conversion
- End-use sectors
- Brazil
- Overview
- Raw material supply
- Corrugated conversion
- End-use sectors
- EMEA
- Raw material supply
- Corrugated conversion
- End-use sectors
- Europe
- Western Europe
- Raw material supply
- Corrugated conversion
- End-use sectors
- France
- Germany
- Italy
- Spain
- UK
- Eastern Europe
- Raw material supply
- Corrugated conversion
- End-use sectors
- Poland
- Russia
- Middle East
- Raw material supply
- End-use sectors
- Turkey
- Overview
- Raw material supply
- End-use sectors
- Africa
- Raw material supply
- End-use sectors
- South Africa
- Overview
- Raw material supply
- End-use sectors
- Asia-Pacific
- Raw material supply
- Corrugated conversion
- End-use sectors
- Asia
- Australasia
- Raw material supply
- Corrugated conversion
- End-use sectors