Global Corrugated Plastic Box Market is valued at approximately USD $ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $ over the forecast period 2022-2028. Corrugated plastic boxes, like corrugated cardboard, are formed of hollow-on-the-inside sheets that are significantly lighter than standard plastic, plywood, or metal sheets, making them easier to pack and transport. Rising need for secondary packaging, availability of excellent features and rising expansion of facilities by key players to increase production capacity has driven the adoption of Corrugated Plastic Box Market across the projected period.
For Instance: Minnesota Diversified in January 2019 expands its facility by adding 11,000 square feet to its Minneapolis headquarters facility to cater to the increasing demand for corrugated plastic boxes from the end-users. Also, incorporation of advanced technology like RFID (Radio Frequency Identification System) and rising mergers & acquisitions to serve the end-user industries are most likely to boost the overall growth of the Corrugated Plastic Box Market. However, high cost of the corrugated plastic box can obstruct the Market’s expansion over the projection period of 2022-2028.
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The key regions considered for the Global Corrugated Plastic Box Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Rising demand for returnable packaging options is driving the Market growth in the region. Asia Pacific specifically India is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. The Market is expected to grow during the projected period, due to rising trade activities and growing demand for safe secondary packaging solutions.
Major Market players included in this report are:
Technology Container Corp
Minnesota Diversified Industries
GWP Group Limited
Amatech Inc.
CoolSeal USA
Corlite Packaging Industries
CLPG Packaging Industries
Classic Enterprises Pvt. Limited
Universal Polymers
Georgia Pacific LLC
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The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:
By Product Type:
Foldable Corrugated Plastic Box
Non-Foldable Corrugated Plastic Box
By Material:
Polypropylene
Polyethylene
Polyvinyl Chloride
Others
By End-User:
Automotive
Medical & Pharmaceutical
Food & Beverages
Electronics & Electricals
Building & Construction
Others
By Region:
North America
U.S.
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Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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