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

Market Facts

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.
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.