Global Corrugated Packaging Market 2015-2020 – Industry Insights by Application for the $150 Billion Industry – Research and Markets
February 3, 2016 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/2nxx7f/global_corrugated) has announced the addition of the “Global Corrugated Packaging Market Size, Share, Development, Growth and Demand Forecast to 2020 – Industry Insights by Application” report to their offering.
The global corrugated packaging market was worth $150.1 billion in 2014, and it is expected to grow at a CAGR of 4.6% during 2015-2020.
The processed food corrugated packaging dominated the global corrugated packaging market in 2014, with 25.4% market share. Both the consumer and regulatory bodies have raised their concern towards the environment and sustainability, since the growing number of landfills is becoming more challenging for governments in the developed countries.
Therefore, the demand for environment friendly and easily recyclable packaging material is increasing, especially in the non-durable consumer goods segment. Europe has the highest paper recycling rate (78%), while the developing countries are also aiming towards lowering of carbon footprints. China is expected to increase its paper recycling rate up to more than 72% by the end of 2015. Governments in the developing market are also providing a helping hand to the corrugated packaging material suppliers.
The small and regional corrugated packing suppliers are finding it hard to manoeuvre profitably in the corrugated packaging market, owing to the increasing prices of raw materials, such as paper pulp. The corrugated packaging market has witnessed large numbers of mergers and acquisitions (M&A), in recent years. The falling profit margin, particularly for small players have led to market consolidation in the developed markets of North America and Europe.
Rock-Tenn Company, Smurfit Kappa Group, Georgia-Pacific, Packaging Corporation of America, Mondi PLC, DS Smith PLC, International Paper Company, and Oji Holdings Corporation are among the key acquirers in the corrugated packaging market.
– Rest of the World (ROW) market breakdown by country – Brazil and Rest of ROW
Key Topics Covered:
1. Research Scope and Methodology
2. Executive Summary
3. Market Outlook
4. Global Market Size and Forecast (2011 – 2020)
5. Corrugated Packaging Market Breakdown by Application
6. Corrugated Packaging Market Breakdown by Geography
7. Competitive Positioning and Market Share Analysis
8. Key Company Profiles and Strategic Developments
– DS Smith PLC
– Georgia-Pacific Equity Holdings LLC
– International Paper Company
– Lee & Man Paper Manufacturing Ltd.
– Mondi Group
– Nine Dragons Paper (Holdings) Limited
– Oji Holdings Corporation
– Packaging Corporation of America
– Smurfit Kappa Group
– WestRock Company
For more information visit http://www.researchandmarkets.com/research/2nxx7f/global_corrugated
View source version on businesswire.com: http://www.businesswire.com/news/home/20160203005803/en/
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Sector: Packaging