India Corrugated Box Market is Expected to Grow at a Double Digit CAGR by 2027: Makreo Research

The corrugated box market in India is rapidly expanding as a result of the rise of e-commerce and advancements in digital printing technology. As sustainability becomes a more pressing concern for the entire business, corrugated board is becoming more and more common in packaging. The pulp and paper industry is already adept at transforming these into new types of containerboards, and recycling them is easier. These characteristics show that expanded polystyrene (EPS) foams and other polymer-based substitutes have lost some of their appeal in favor of corrugated protective forms.

For custom-made shipping containers, packaging, and point-of-purchase displays, corrugated Box is crucial. The corrugated box industry is driven by global economic expansion and rising industrialization, as well as significant advancements in Box technology. Additionally, the market size for the corrugated box market is growing due to many economic and industrial factors of which major demand is coming from the food industry.

The market shares for the corrugated box market in India are being boosted by expanding applications in a variety of emerging sectors, particularly food & beverage, personal care, pharmaceuticals & healthcare, and electronic goods.

Even though the outbreak of COVID-19 hampered the market growth but the demand for packaged food and takeout increased dramatically. Customers flocked to well-liked brands and comfort foods whose well-known Box provided a sense of security to the general populace. And Box itself took on new significance. Prior to the coronavirus, there was a significant effort made to decrease single-use plastic bags and packaging. While some cities were successful in outright banning them, others were going in that direction.

Soon after lifting the restriction market started to witness another trauma that is an increase in the price of raw materials and an increasing export of Kraft paper to China, which created a shortage of raw materials among domestic players.

But with the strong and favorable demographics, rising levels of disposable income, expanding consumer awareness, and the need for processed foods are the main drivers of this increase in consumption in the developing Indian economy. Food, beverage, FMCG, and pharmaceutical end-user segment expansion will have a trickle-down effect on expanding Box solution demand.

Makreo research has published a study on the corrugated box market specific to corrugated boxes titled, “India Corrugated Box Market Future Outlook to 2027 – Segmentation by Type of Boxes, by Structure, by Domestic and Exports, by End User”. The study evaluates corrugated box market demand and production facts with detailed assessment of past and present market trends.

Areas Discussed in India Corrugated Box Market Report

India Corrugated Box Market

• By Type
  • 3 PLY
  • 5 PLY
  • 7 PLY
  • 9 PLY

• By Mode
  • Domestic
  • Export

• By Structure
  • Organized
  • Unorganized

• By End User
  • FMCG
  • Chemical & Pharmaceutical
  • Electrical Products
  • Automobile
  • eCommerce
  • Textile
  • Others

• India eCommerce Industry

Companies covered in the India Corrugated Box Market Report:

• TGI Box Pvt. Ltd.,
• Hariwansh Box Pvt. Ltd.,
• Trident Paper Box Industries,
• Packman Box Pvt. Ltd.,
• Worth Peripherals Ltd,
• Supack

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