12th December,
2018- Corrugated
Boxes Market is likely to gain a significant market share in the
forecast period. Manufacturing process of corrugated box packaging could be
bifurcated as containerboard combining process and box manufacturing process.
In the containerboard combining process, multiple sheets of corrugating medium
are glued to one another to the linerboard whereas in the box manufacturing
process corrugated sheets are assembled into boxes.
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On a commercial scale, the
boxes are widely used as a packaging means as they are light weighted, highly
durable, greater tensile, and offer cost effectiveness. Corrugated boxes are
widely used for shipping of goods and materials. With the tremendous
industrialization and globalization mainly in the emerging economies, the trade
conditions have turned smooth and have resulted in prosperity. Further, rise in
electronics and automotive sector stimulates the market growth during the
forecast period. Innovative design and packaging methods are value additions in
the global market scenario.
The drivers for corrugated
boxes market include advances in the packaging industry across the globe and
use of effective marketing for food & beverage and pharmaceutical industry.
Rise in use of household electronic item and appliances is likely to contribute
to the market developments in the near future. Effective use of marketing and
graphics is driving the packaging industry at present.
The key players in the
corrugated boxes market include DS Smith Plc, MeadWestvaco Corporation, Mondi
Group, Nampak Limited, Packaging Corporation of America, Nine Dragons Paper,
Smurfit Kappa Group, VPK Packaging Group, Tetra Pak, International Paper Co,
Koch Industries Inc, Rock Team Corporation and Graphite Packaging Holding Co.
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