Corrugated Packaging Industry Statistics

In this post, we will explore key statistics and insights shaping the corrugated packaging industry. From the projected market value to regional market trends and growth forecasts, these statistics provide a comprehensive overview of the dynamic landscape of corrugated packaging worldwide. Let’s dive into the numbers that define this vital sector.

Statistic 1

"The global corrugated packaging market is projected to reach USD 294.3 billion by 2025."

Statistic 2

"The market had a value of around USD 263.5 billion in 2020."

Statistic 3

"E-commerce is expected to be the fastest growing application segment for corrugated packaging industry, expanding at a CAGR of approximately 4.1% from 2019 to 2025."

Statistic 4

"Asia Pacific led the corrugated packaging market in 2018, accounting for over 47% of the global share."

Statistic 5

"It is estimated that recycling rate of corrugated packaging was nearly 89% in Europe in 2018."

Statistic 6

"In the United States, the corrugated packaging industry has more than 1,140 manufacturing facilities."

Statistic 7

"In India, the corrugated packaging market is set to grow at a CAGR of 13% during 2021-2026."

Statistic 8

"In China, the number of online purchases using corrugated boxes reached 50 billion in 2018."

Statistic 9

"In the US, over 95 percent of all products are shipped in corrugated packaging."

Statistic 10

"The number of corrugated packaging manufacturers in Australia grew by 2.2% per annum between 2014 and 2019."

Statistic 11

"The global corrugated packaging industry is projected to grow at an annual rate of 3.7% through 2022."

Statistic 12

"By 2023, it is estimated that the industry will use 115 Metric tons of material."

Statistic 13

"The food & beverages industry is the largest user of corrugated packaging."

Statistic 14

"The Brazilian corrugated board production was around 350.7 thousand tons in June 2021."

Statistic 15

"The global corrugated packaging software market is expected to increase at a CAGR of 13.6% during 2021-2026."

In conclusion, the global corrugated packaging industry is experiencing significant growth, with projections indicating a promising future. E-commerce is driving this growth, particularly in regions like Asia Pacific and India. Countries such as the United States and Europe are already heavily reliant on corrugated packaging, with high recycling rates and widespread usage. The industry is also witnessing technological advancements, as seen in the growing software market. Despite some missing statistics, the overall outlook for the corrugated packaging industry remains positive, with steady growth and increasing adoption across various sectors.