Corrugated Board Market size is expected to reach USD 149.7 billion by 2028
Corrugated Board Industry Overview The global corrugated board market size was valued at USD 90.79 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2021 to 2028. Rising demand for greener packaging solutions and increasing packaging needs of e-commerce platforms are anticipated to drive market growth. Corrugated boards, derived from pulp & paper, are highly recyclable than plastic packaging. The fluting medium present in the corrugated board acts as a shock absorber, thereby protecting packaged goods from external impact. These containers can withstand high pressure, wherein various thicknesses and layers of the flutes provide benefits, such as cushioning, to protect packaged products. Gather more insights about the market drivers, restrains and growth of the Global Corrugated Board Market The single wall segment led the market in the U.S. in 2020 owing to a wide application scope of these products in ...