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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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