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Home > Industrial Markets > Advanced Materials > Packaging
World Corrugated Boxes
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| Published Date:
April 2009
Published By:
Freedonia Group Inc
Page Count:
131
Order Code:
R154-1934
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Global corrugated box demand to rise 3.4% annually through 2013
World demand for corrugated boxes is forecast to increase 3.4 percent per year to 213 billion square meters in 2013, in line with real (inflation-adjusted) gains in GDP. Factors contributing to rising box demand will include growth in industrial activities, particularly the manufacturing sector, which often requires corrugated packaging to protect and transport goods. In addition, ongoing developments in small flute and high-quality graphic board will allow corrugated boxes to penetrate traditional folding carton applications, especially in the developed world. Greater interest in corrugated packaging as a point-of-sale display in retail applications will also boost demand for value-added corrugated boxes.
However, gains will be limited by the mature state of the corrugated box industry in developed areas such as the US, Western Europe and Japan, where boxes are essentially commodity items used in well-established markets. Corrugated boxes also face competition from reusable plastic shipping crates and other types of plastic packaging. Nonetheless, corrugated boxes will benefit from their environmentally friendly image, as well as certain cost advantages compared to plastics crates -- especially considering that old corrugated boxes can often be sold to recycling companies, whereas the usage of plastic crates typically involves cleaning and returning costs.
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