Containerboard Market
Regions Covered
USA
SEA
Europe
LATAM
Regions Covered
USA
SEA
Europe
LATAM
The global corrugated packaging market was valued at USD 250 billion in 2017. The market is expected to grow between 3-4% until 2021 with APAC emerging as the highest demand generating geography followed by North America and Europe. Growth in E-commerce business in emerging countries will remain the foremost growth driver for corrugated. Shift in packaging from plastic to paper on account of sustainability is also expected to contribute to the growth of corrugated. New capacities in the corrugated industry are seen in the recycled segment both in North America and Europe complimenting the need for sustainability in packaging. Prices are expected to follow an upper trend in China due to Ban on import of low quality recovered paper which is the key feedstock for corrugated in the region. Growing demand leading to higher operating rates is expected to keep supply levels tight in North America thereby reducing the possibility of price drops.
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