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The Global Fanfold Corrugated Market Size Was Valued At USD 28.61 Billion In 2021 And Is Projected To Reach USD 9.86 Billion By 2030, At A CAGR Of 3.7% From 2022 To 2030.
Fanfold Corrugated Market Overview:
Known for its structural stiffness and cushioning properties, corrugated boxes are ideal for packaging fragile items. Corrugated boxes are best suited for packaging a wide variety of products regardless of their size and shape. Rising importance of packaging across various industries coupled with boom in e-commerce is expected to create lucrative opportunities for folding corrugated solutions in the coming years.
Fanfold Corrugated market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Fanfold Corrugated market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Key Market Updates:
Major Segments Covered in the Global Fanfold Corrugated Market:
Market Key Players:
Braepac Packaging, International Paper Company, Smurfit Kappa, DS Smith, Independent Corrugator, Northwest Packaging, Box on Demand, Rondo Ganahl Aktiengesellschaft, Menasha Packaging Company, Papierfabrik Palm, And Others.
Fanfold Corrugated Market by Types:
Fanfold Corrugated Market by Applications:
Fanfold Corrugated Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030
The global Fanfold Corrugated market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific accounted for the largest market share of 7.50% in 2020 with a market capitalization of USD 10,21.07 million and is expected to grow at the highest CAGR of 4.52% during the forecast period. North America is the second largest market in 2020.
Significant Market Dynamics:
Due to growing environmental concerns, its demand is expected to increase due to its recyclable nature. Asia Pacific is expected to be a major hub owing to the increasing trend of online shopping from China, India, and other South Asian countries. China is the largest e-commerce market. Hence, with the rise of e-commerce, the demand for packaging is bound to increase, creating a need for folding corrugated solutions. Corrugated boxes are widely used for packaging in the retail industry. The demand for corrugated boxes will only increase in the coming years due to the surge in the number of people choosing to shop online. The FMCG industry is expected to be a major revenue generator for corrugated box manufacturers as it is used to package consumer goods. Leading FMCG companies are focusing on sustainable packaging, thereby creating demand for corrugated boxes. The boom in e-commerce has led to the increasing use of corrugated boxes to transport electronics.
Report Scope of Global Fanfold Corrugated Market:
Report Attributes |
Details |
Growth Rate |
CAGR of 3.7% from 2022 to 2030. |
By Type |
Single-walled, Double-walled |
By Application |
E-Commerce, Offline Retail, Others |
By Companies |
Braepac Packaging, International Paper Company, Smurfit Kappa, DS Smith, Independent Corrugator, Northwest Packaging, Box on Demand, Rondo Ganahl Aktiengesellschaft, Menasha Packaging Company, Papierfabrik Palm |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2022 to 2030 |
Points Covered in the Report
Frequently Asked Questions-
What is the CAGR of Fanfold Corrugated market?
The Fanfold Corrugated Market is growing at a CAGR of 3.7% During Forecast Period.
What are the key types and applications of Fanfold Corrugated market?
- Single-walled, Double-walled
- E-Commerce, Offline Retail, Others
Who are the key players in Fanfold Corrugated market?
Braepac Packaging, International Paper Company, Smurfit Kappa, DS Smith, Independent Corrugator, Northwest Packaging, Box on Demand, Rondo Ganahl Aktiengesellschaft, Menasha Packaging Company, Papierfabrik Palm, And others.
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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.