Article

Corrugated’s Global Market to Exceed $165 Billion

The worldwide market for corrugated and paperboard boxes is projected to exceed $165 billion by 2010, says Global Industry Analysts in a new study entitled Corrugated and Paperboard Boxes: A Global Business Report.

Asia-Pacific represents the fastest growing region with a computed annual growth rate of 6.99 percent during the period 2000-2010, while the U.S. constitutes the largest market with a share of 23.42 percent in 2007. Corrugated and solid fiber boxes represent the largest segment, whereas folding cartons represent the fastest growing segment over the analyzed period. Sales of corrugated and solid fiber boxes are projected to exceed $115 billion in 2009. Demand for corrugated and paperboard boxes in the food and beverage market is projected to reach $69.6 billion by 2010.

The report notes that the global corrugated and paperboard industry is concentrated among few players. Ongoing consolidation of paperboard suppliers, converters and packaged product companies is resulting from the globalization of factors concerning economies of scale (such as supply chain logistics). Market growth is aided by reduced trade barriers and the opening up of markets; increased globalization; consumer interest towards corrugated packaging for point-of-sale display use; and increasing popularity of Internet shopping.

Key players listed in the report include Amcor Ltd., Carter Holt Harvey Limited, International Paper, Kappa Packaging, Mondi Packaging Europe, Rengo Co. Ltd., SCA Packaging, Smurfit-Stone Container Corp., and Weyerhaeuser Co.

The report provides a comprehensive review of market trends and issues, drivers, business profile, players, competitive landscape, recent developments, mergers, acquisitions, alliances, product launches, and other strategic industry activities. Analytical estimates and projections are presented in terms of annual sales in U.S. dollars over the years 2000 to 2015. For more information, call 408-528-9966 or visit www.StrategyR.com.

Asia-Pacific represents the fastest growing region with a computed annual growth rate of 6.99 percent.