Cardboard Box And Container Manufacturing Market is presently valued at USD 70.03 billion and is poised to amass a valuation of USD 92.94 billion by 2030, amplifying at a CAGR of 3.6% over the forecast duration.
The majority of manufactured boxes used for product packaging are cardboard boxes and containers. Manufacturing of cigarettes, medical instruments, household electronic gadgets, and food and beverage are a few examples of important end-use industries that require packaging.
By including eye-catching images on the packaging, marketers cleverly utilise cartons. Cardboards are well-suited for printing and holding graphics. Therefore, businesses include their logo, company name, and other promotional information on their packaging to draw in specific consumer groups.
Due to their low cost and ability to be combined with other packaging materials to lower the price of the finished product, cardboard containers are the most popular choice for packaging domestic electronic appliances, food & beverages, and medical equipment.
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Global Cardboard Box And Container Manufacturing Market: Segmental Analysis
By Type:
- Hard Cigarette Pack or Paperboard Box
- Corrugated Box Used for Storage of Archives
- Drink Boxes
- Milk in Gable-Top Carton
- Set-Up Box Made of Non-Bending Paperboard
The drink boxes segment is poised to amass notable gains over 2022-2030 owing to the rising consumption of beverages across the globe.
By Application:
- Food & Beverages
- Household Electronic Appliances
- Cigarette Manufacturing
- Medical Instruments Manufacturing
Competitive Hierarchy
The prominent players characterizing the competitive terrain of this industry vertical are International Paper Company, Mondi Group, Smurfit Kappa Group, DS Smith PLC, WestRock Company, Packaging Corporation of America, Cascades Inc., Oji Holdings Corporation, Georgia-Pacific LLC, Nippon Paper Industries Ltd., Rengo Co. Ltd., Klingele Papierwerke GmbH & Co. KG, Klabin SA, and Sealed Air Corporation.
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