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Corrugated Cardboard Boxes Manufacturing Unit with Printing Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study)
Saturday, June 3, 2017
Cardboard boxes are industrially prefabricated boxes, primarily used for packaging goods and materials. Specialists in industry seldom use the term cardboard because it does not denote a specific material.
The term cardboard may refer to a variety of heavy paper-like materials, including card stock, corrugated fiberboard, or paperboard. The meaning of the term may depend on the locale, contents, construction, and personal choice.
Packing, in a way represents the extent of industrialization of a country. Packaging has been assuming importance in the context of growth of industries in general and consumer industries in particular. Among the packaging materials, paper and paper based products continue to occupy a predominant place. Corrugated boxes form an integral part of the packaging industry. These are found everywhere helping people shift both domestic as well as industrial items safely from one place to the other.
A corrugated box is quite strong and can withstand huge weights. These boxes are especially made of cardboard. Also there are partitions which basically protect items inside and hold them in place so as to avoid damage.
Market Outlook
The global market for corrugated boxes is forecast to grow from $63.29 billion in 2016 to reach $76.76 billion by 2021, at an estimated CAGR of 3.94% with flexography printing and slotted boxes accounted for the largest market share due to the growing demand for environment-friendly packaging and growth of the e-commerce industry.
Global demand for corrugated boxes is forecast to increase 4.2% per year to 234 billion square meters in 2017.
The Global Corrugated Box Packaging Market is expected to grow at a CAGR of 4.37% during the period 2015 to 2022. The increasing industrial activity in manufacturing sector and rising demand for value added box are the drivers for corrugated box packaging market. Corrugated boxes and solid fiber boxes are the largest and fastest growing segments in corrugated & paperboard boxes market due to recovery of the manufacturing sector. Food and beverage segment dominates the global corrugated box packaging market due to increasing demand for value added boxes.
World demand for corrugated boxes is expected to increase 3.7 percent per year through 2019, approaching 260 billion square meters.
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