Multi-Depth Corrugated Box Market
Multi-Depth Corrugated Box Market: APEJ to Lead in Terms of Market Share During the Forecast Period: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)
- 2017-10-13
- REP-GB-5242
- 359 pages
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An Incisive, In-depth Analysis on the Multi Depth Corrugated Box Market
This study offers a comprehensive, 360 degree analysis on the Multi Depth Corrugated Box market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Multi Depth Corrugated Box market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
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Request Covid -19 ImpactThe global market for multi-depth corrugated box was valued at US$ 729.5 Mn in 2016. The market is expected to expand at a CAGR of 6.6% over the forecast period 2017-2027. Multi-depth corrugated box is a rigid packaging solution designed for different sizes of products in which a single box can provide the compact packaging of products of multiple sizes. Multi-depth corrugated boxes are similar to that of conventional corrugated boxes, with an added ability of being used for multiple sized products. These boxes are extensively used in the packaging of various goods such as foods, beverages, cosmetics, pharmaceuticals, hazardous chemicals and other materials. This can be attributed to immense size flexibility offered by these boxes coupled with unique characteristics such as high tensile strength of corrugated boxes. These boxes provides a leverage to use it for various size requirements, thus reducing inventory and optimizing cost management. Multi-depth corrugated boxes have high durability and are light weight coupled with offering significant cost benefits to the buyer. Multi-depth corrugated boxes are being increasingly used in secondary packaging of goods across a variegated range of industries. Traditionally, single wall multi-depth corrugated box served as the benchmark board type for multi-depth corrugated boxes used in the global corrugated packaging market.
Drivers & Restraints
Growing concept of corrugated boxes as a point of sale is expected to open opportunities for the growth of the multi-depth corrugated boxes market. Rapid industrialisation, particularly in emerging economies is expected to drive the sale of multi-depth corrugated boxes. To meet the growing standards of international quality packaging, multi-depth corrugated boxes manufacturers across the globe are showing high inclination towards increasing innovation, ensuring quality assurance, modernisation by adopting latest technologies, installing high speed automatic machines, and incorporating management systems and techniques for efficient operation of plants. Multi-depth corrugated boxes market is expected to gain substantial growth in near future owing to increasing demand in packaging among electronics, consumer goods and automotive parts and components. Multi-depth corrugated boxes are gaining wide adoption in the shipping of goods, thus further fuelling revenues in the global multi-depth corrugated boxes market.
However, recycling of multi-depth corrugated boxes poses a great challenge in terms of recovery of used boxes.
Analysis by Region
On the basis of region the global market for multi-depth corrugated boxes is segmented into North America, Latin America, Eastern Europe, Western Europe, MEA, Japan and APEJ. The U.S multi-depth corrugated box market is expected to grow at a CAGR of 4.9% over the forecast period wherein the single wall type will account for a dominant share by board type. The Brazil multi-depth corrugated box market is expected to expand at a moderate CAGR of 7.3% over the forecast period due to growing popularity of new products in the region. Germany, U.K., France, Italy and Russia account for a significant market share in the Europe multi-depth corrugated box market. The multi-depth corrugated box market in the GCC region is particularly driven by high growth in the food & beverages segment. The APEJ multi-depth corrugated box market represents the most lucrative geographic region wherein India and ASEAN countries represent substantial total incremental opportunity over the forecast period. The multi-depth corrugated box market in India and ASEAN is characterised by a growing trend for single wall boxes.
This Future Market Insights report studies the global multi-depth corrugated box market for the period 2017–2027. The main objective of this report is to offer insights and key market trends pertaining to the global multi-depth corrugated box market that are gradually helping transform global businesses. The global multi-depth corrugated box market report begins with the executive summary for various categories and their share in the multi-depth corrugated box market. It is followed by market dynamics and overview of the global multi-depth corrugated box market, which includes FMI analysis of market drivers, restraints, and trends impacting the growth of the multi-depth corrugated box market. Furthermore, to understand the popularity of the market segments, the attractiveness index and BPS analysis with elaborated insights on the same is provided, which will show the market’s attractiveness based on factors such as CAGR and incremental opportunity. To showcase the performance of the multi-depth corrugated box market in each country and region, BPS and Y-o-Y growth analysis is provided.
The report highlights the multi-depth corrugated box market performance by region and provides the market outlook for 2017–2027. The study investigates the Y-o-Y growth regionally, as well as analyses the drivers that influence the regional multi-depth corrugated box market. The report evaluates the present scenario and growth prospects of the regional multi-depth corrugated box market for 2017–2027. To ascertain the market size in terms of value and volume, revenue generated by key manufacturers and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value across the multi-depth corrugated box market. In order to provide an accurate forecast, we have started by sizing up the current market, which forms the basis of how the multi-depth corrugated box market is expected to develop in the future. Given the characteristics of the market, we have triangulated the outcome on the basis of three different types of analysis – based on supply side, downstream industry demand and the economic envelope. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market based on key parameters such as year-on-year (Y-o-Y) growth rates to understand the predictability of the multi-depth corrugated box market and identify the right opportunities across the market.
The different market segments have been analysed in terms of basis point share (BPS) to understand the individual segment’s relative contribution to market growth. This detailed level of information is important for identifying various key trends in the multi-depth corrugated box market. Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. Absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective in the multi-depth corrugated box market. The overall absolute dollar opportunity along with the segmental split is mentioned in the report. To understand key growth segments in terms of growth and adoption of multi-depth corrugated boxes globally, Future Market Insights has developed the multi-depth corrugated box market ‘Attractiveness Index’ to help providers identify real market opportunities.
Competition Profiling
In the final section of the report, a ‘dashboard view’ of the companies is provided to compare the current industrial scenario and their contribution in the overall multi-depth corrugated box market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the multi-depth corrugated box market. Detailed profiles of companies are also included in the report to evaluate their strategies, key product offerings and recent developments.
Key Segments Covered
By Board Type
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Single Wall
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Double Wall
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Triple Wall
By Capacity type
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Up to 80 lbs
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80 to 180 lbs
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180 to 300 lbs
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Above 300 lbs
By Strength type
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Normal (Below 32 ECT)
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Standard (32 ECT)
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Heavy Duty (44 ECT)
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Heavy Duty Double Wall (48 ECT)
By End Use
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Food & Beverages
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Consumer Electronics
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Home Care & Personal Care
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Textiles
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Glassware & Ceramics
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Automotive
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Others
By Region
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North America
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U.S.
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Canada
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Latin America
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Brazil
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Mexico
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Argentina
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Columbia
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Venezuela
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Chile
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Rest of Latin America
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Europe
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Germany
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France
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Italy
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Spain
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U.K.
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Russia
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BENELUX
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Rest of Europe
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Middle East and Africa (MEA)
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GCC
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Turkey
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Egypt
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Algeria
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Iran
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South Africa
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North Africa
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Rest of MEA
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Asia Pacific
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China
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India
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ASEAN
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Australia and New Zealand
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Kazakhstan
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Uzbekistan
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Rest of APAC
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Japan
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Akshay Godge
Client Partner - Global Business Development
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