International Exhibition & Conference on
Corrugated Box, Machinery, Technology & Allied IndustriesBook A Stand
6-9 December, 2021
Pragati Maidan, New Delhi INDIA

Facts & Figures



The global corrugated packaging market is expected to grow at a CAGR of 4.6% during the forecast period, to reach $195.9 billion by 2020. The increase in demand for corrugated packaging is anticipated due to rapid industrialization in developing economies, environmental sustainability and cost benefit associated with corrugated packaging.

The corrugated board packaging market was valued at USD 262.61 billion in 2019, and it is expected to reach USD 339.95 billion by 2025, recording a CAGR of 4.41%, during the forecast period of 2020-2025.
 
India Corrugated Box Market is expected to reach over INR 63,000 Crore by FY’2023.
 
Asia-Pacific was the largest regional market of corrugated packaging, with market share of 47.5% in 2014. Asia-Pacific and developing countries of Latin America are among the fastest growing markets for corrugated packaging, owing to the increasing industrial production in these regions. The Asia-Pacific region is expected to increase its share by more than half of the total corrugated packaging market, by the end of 2020.
 
The growth of E-commerce in China, India, and Brazil has boosted the demand of corrugated packaging materials in the recent years. With various new international e-commerce players entering the developing markets, the demand from e-commerce sector is expected to increase further. The developing economies, mainly BRICS (Brazil, Russia, India, China and South Africa), are witnessing rapid industrialization in the current scenario, where China is a global leader with largest industrial output.