The global corrugated carton market size was valued at USD 171.37 billion in 2024. The market is projected to grow from USD 178.22 billion in 2025 to USD 230.87 billion by 2032, exhibiting a CAGR of 3.77% during the forecast period. Corrugated cartons are produced by using two to three layers of liners, creating a robust structure. These cartons provide strength to the products, which helps for the transportation of goods. They are resistant to tear and pressure and are light in weight which is anticipated to increase their demand and boost market growth during the forecast period.
Fortune Business Insights™ mentioned this in a report titled, “Corrugated Carton Market, 2025-2032.”
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Segmentation Analysis:
Increasing Cost-Effectiveness to Drive Single Wall Segment Growth
By wall type, the market is divided into single wall, double wall, and triple wall. The single wall segment holds the largest corrugated carton market share as single wall cartons are highly cost-effective and lightweight.
Growing Utilization of Slotted Cartons by Customers to Boost Slotted Carton Segment Growth
By product type, the market is classified into slotted carton, folding carton, telescope carton, and die cut carton. The slotted carton segment dominates the market due to increasing utilization by several companies and customers to ship their products. The increased demand is driven by strong flaps & stable structure of slotted cartons.
Growing Usage of Corrugated Cartons in Food & Beverage Industry to Boost Food & Beverage Segment Growth
Based on end-use industry, the market is segmented into food & beverage, pharmaceutical, e-commerce, chemicals, building & construction, and others. The food & beverage segment accounted for the largest market share in 2022 owing to the increasing usage of corrugatedcartons in the food & beverage industry and rising sustainability.
Geographically, the market is studied across North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
Drivers & Restraints:
What is the major driver of market growth?
A: The growing demand from the e-commerce sector is the primary driver, supported by the need for safe, customizable, and printable packaging for online retail, food, and pharmaceuticals.
What is a key restraint impacting market growth?
A: Rising raw material and kraft paper costs globally could limit market expansion during the forecast period.
Regional Insights:
Which region leads the global corrugated carton market?
A: Asia Pacific dominates the market, fueled by growing e-commerce sales and rising consumer interest in online shopping.
Which region is the second largest market?
A: Europe is the second-leading region, benefitting from regulations banning single-use plastics, which boost the shift toward corrugated packaging.
Key Industry Development:
- July 2023 – Apex Packaging: Opened a new corrugated box plant in Samail Industrial City, offering cost-effective, eco-friendly, and recyclable packaging solutions to meet rising market demand.
- July 2022 – Menasha Packaging: Acquired Color-Box to expand its geographic footprint and enhance packaging options across multiple industries, including food & beverage, consumer products, and pharmaceuticals.
List of Key Players Present in the Report:
- Rengo Co., Ltd. (Japan)
- Mondi Group (U.K.)
- Smurfit Kappa (Ireland)
- International Paper (U.S.)
- WestRock Company (U.S.)
- DS Smith (U.K.)
- Cascades (Canada)
- Georgia-Pacific, LLC (U.S.)
- Kapco Packaging (India)
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