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The global corrugated carton market size was valued at USD 158.76
billion in 2022 and is projected to grow from USD 164.93 billion in 2023 to USD
218.39 billion by 2030, exhibiting a CAGR of 4.09% during the forecast period.
Corrugated cartons are manufactured by integrating two to three
layers of liners that create a robust structure. These cartons help to
transport goods safely. The increasing demand for renewable and sustainable
packaging has raised the corrugated-carton packages demand, as they are made
from a high percentage of recycled paper.
Fortune
Business Insights™ mentioned
this in a report titled, “Corrugated
Carton Market, 2023-2030.”
Source: https://www.fortunebusinessinsights.com/corrugated-carton-market-108688
COVID-19
Impact
Increased
Growth in the Pharmaceutical Industry During COVID-19 Pandemic Augmented Market
Growth
The
corrugated cartons market witnessed a boost during the COVID-19 pandemic. The
growth was attributed to the increased demand for pharmaceutical and healthcare
products. Post-pandemic, the market is expected to witness significant growth
due to the rising number of clinical trials.
Segments:
Growing
Preference by Online Businesses to Augment Single Wall Segment Growth
Based on
wall type, the market is segmented into single wall, double wall, and triple
wall. The single wall segment holds the largest market share due to the rising
preference for single wall cartons by several online businesses.
The global corrugated carton market size was valued at USD 158.76
billion in 2022 and is projected to grow from USD 164.93 billion in 2023 to USD
218.39 billion by 2030, exhibiting a CAGR of 4.09% during the forecast period.
Corrugated cartons are manufactured by integrating two to three
layers of liners that create a robust structure. These cartons help to
transport goods safely. The increasing demand for renewable and sustainable
packaging has raised the corrugated-carton packages demand, as they are made
from a high percentage of recycled paper.
Fortune
Business Insights™ mentioned
this in a report titled, “Corrugated
Carton Market, 2023-2030.”
Source: https://www.fortunebusinessinsights.com/corrugated-carton-market-108688
COVID-19
Impact
Increased
Growth in the Pharmaceutical Industry During COVID-19 Pandemic Augmented Market
Growth
The
corrugated cartons market witnessed a boost during the COVID-19 pandemic. The
growth was attributed to the increased demand for pharmaceutical and healthcare
products. Post-pandemic, the market is expected to witness significant growth
due to the rising number of clinical trials.
Segments:
Growing
Preference by Online Businesses to Augment Single Wall Segment Growth
Based on
wall type, the market is segmented into single wall, double wall, and triple
wall. The single wall segment holds the largest market share due to the rising
preference for single wall cartons by several online businesses.
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