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Global Heavy Duty Corrugated Packaging Market to reach USD XX billion by 2028.

Global Heavy Duty Corrugated Packaging Market to reach USD XX billion by 2028.

Product Code: CMP-73587592
Publish Date: 16-03-2022
Page: 200

Global Heavy Duty Corrugated Packaging Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Heavy duty corrugated packaging products are widely used as shipping containers. Corrugated packaging solutions are used to package goods such as food items, beverages, cosmetics, pharmaceuticals, and other materials. Heavy duty corrugated boxes such as boxes provide crush resistance and adequate strength for stacking in warehouses. They are sustainable, biodegradable, and can be recycled. Growing demand for Consumers Electronics and rising e-commerce sector are key drivers for the growth of Heavy Duty Corrugated Packaging market. For instance, according to global database Management Company Statista- As of 2022, revenue in the Consumer Electronics market amounts to USD 1.0 trillion and the market is expected to grow annually by 1.82% from 2022 to 2026 and would amount to USD 1.07 trillion and as per India Brand Equity Forum (IBEF)-As of 2019, Indian appliance and consumer electronics (ACE) market was estimated at USD 10.93 billion and as per projections the Appliances and consumer electronics industry is expected to double to reach USD 21.18 billion by the year 2025.Recently, in June 2021, Mondi Group, British multinational packaging and paper group has acquired Olmuksan International Paper, a leading corrugated packaging player based in Turkey. Also, with growing Cross border Trade in post covid era and rising Food and beverages sector, the adoption & demand for Heavy Duty Corrugated Packaging is likely to increase the market growth during the forecast period. However, fluctuation in raw material prices coupled with disruptions in demand due to COVID-19 pandemic are some of the factors which impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Heavy Duty Corrugated Packaging Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to growing adoption of sustainable packaging solutions and rising consumer electronics industry in the region. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as growing e-commerce sector in the region would create lucrative growth prospects for the Heavy Duty Corrugated Packaging Market across Asia-Pacific region.

Major market player included in this report are:
Mondi Group
VPK Packaging Group
International Paper Company
WestRock Company
Georgia Pacific LLC
Pratt Industries Inc.
Smurfit Kappa Group Plc.
DS Smith Packaging Limited
Sonoco Products Company
Elsons International
.
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:
Corrugated Box
Octabins
High Performance Totes
Vegetable Totes
Pallets
POP Displays
Others (Edge Protectors, etc.)
By Board Type:
Single Wall Heavy Duty Corrugated Packaging
Double Wall Heavy Duty Corrugated Packaging
Triple Wall Heavy Duty Corrugated Packaging
By Capacity:
Up to 100 lbs. Heavy Duty Corrugated Packaging
100 to 300 lbs. Heavy Duty Corrugated Packaging
Above 300 lbs. Heavy Duty Corrugated Packaging
By End Use Industries:
Food & Beverages
Chemicals
Consumer Electronics
Cosmetics & Personal Care
Healthcare
Textiles
Glassware & Ceramics
Automobiles
Homecare
Others
By Region:
North America
U.S.
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

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Heavy Duty Corrugated Packaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Heavy Duty Corrugated Packaging Market, by Region, 2020-2028 (USD Billion)
1.2.2. Heavy Duty Corrugated Packaging Market, by Product Type, 2020-2028 (USD Billion)
1.2.3. Heavy Duty Corrugated Packaging Market, by Board Type, 2020-2028 (USD Billion)
1.2.4. Heavy Duty Corrugated Packaging Market, by Capacity, 2020-2028 (USD Billion)
1.2.5. Heavy Duty Corrugated Packaging Market, by End Use Industries, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Heavy Duty Corrugated Packaging Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Heavy Duty Corrugated Packaging Market Dynamics
3.1. Heavy Duty Corrugated Packaging Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing Consumers Electronics industry.
3.1.1.2. Rising e-Commerce Sector.
3.1.2. Market Challenges
3.1.2.1. Disruptions in demand due to COVID-19 pandemic.
3.1.2.2. Fluctuations in raw material costs.
3.1.3. Market Opportunities
3.1.3.1. Rising Food and beverages industry.
3.1.3.2. Growing Cross border Trade in post covid era.
Chapter 4. Global Heavy Duty Corrugated Packaging Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Heavy Duty Corrugated Packaging Market, by Product Type
6.1. Market Snapshot
6.2. Global Heavy Duty Corrugated Packaging Market by Product Type, Performance – Potential Analysis
6.3. Global Heavy Duty Corrugated Packaging Market Estimates & Forecasts by Product Type 2019-2028 (USD Billion)
6.4. Heavy Duty Corrugated Packaging Market, Sub Segment Analysis
6.4.1. Corrugated Box
6.4.2. Octabins
6.4.3. High Performance Totes
6.4.4. Vegetable Totes
6.4.5. Pallets
6.4.6. POP Displays
6.4.7. Others (Edge Protectors, etc.)
Chapter 7. Global Heavy Duty Corrugated Packaging Market, by Board Type
7.1. Market Snapshot
7.2. Global Heavy Duty Corrugated Packaging Market by Board Type, Performance – Potential Analysis
7.3. Global Heavy Duty Corrugated Packaging Market Estimates & Forecasts by Board Type 2019-2028 (USD Billion)
7.4. Heavy Duty Corrugated Packaging Market, Sub Segment Analysis
7.4.1. Single Wall Heavy Duty Corrugated Packaging
7.4.2. Double Wall Heavy Duty Corrugated Packaging
7.4.3. Triple Wall Heavy Duty Corrugated Packaging

Chapter 8. Global Heavy Duty Corrugated Packaging Market, by Capacity
8.1. Market Snapshot
8.2. Global Heavy Duty Corrugated Packaging Market by Capacity, Performance – Potential Analysis
8.3. Global Heavy Duty Corrugated Packaging Market Estimates & Forecasts by Capacity 2019-2028 (USD Billion)
8.4. Heavy Duty Corrugated Packaging Market, Sub Segment Analysis
8.4.1. Up to 100 lbs. Heavy Duty Corrugated Packaging
8.4.2. 100 to 300 lbs. Heavy Duty Corrugated Packaging
8.4.3. Above 300 lbs. Heavy Duty Corrugated Packaging

Chapter 9. Global Heavy Duty Corrugated Packaging Market, by End Use Industries
9.1. Market Snapshot
9.2. Global Heavy Duty Corrugated Packaging Market by End Use Industries, Performance – Potential Analysis
9.3. Global Heavy Duty Corrugated Packaging Market Estimates & Forecasts by End Use Industries 2019-2028 (USD Billion)
9.4. Heavy Duty Corrugated Packaging Market, Sub Segment Analysis
9.4.1. Food & Beverages
9.4.2. Chemicals
9.4.3. Consumer Electronics
9.4.4. Cosmetics & Personal Care
9.4.5. Healthcare
9.4.6. Textiles
9.4.7. Glassware & Ceramics
9.4.8. Automobiles
9.4.9. Homecare
9.4.10. Others

Chapter 10. Global Heavy Duty Corrugated Packaging Market, Regional Analysis
10.1. Heavy Duty Corrugated Packaging Market, Regional Market Snapshot
10.2. North America Heavy Duty Corrugated Packaging Market
10.2.1. U.S. Heavy Duty Corrugated Packaging Market
10.2.1.1. Product Type breakdown estimates & forecasts, 2019-2028
10.2.1.2. Board Type breakdown estimates & forecasts, 2019-2028
10.2.1.3. Capacity breakdown estimates & forecasts, 2019-2028
10.2.1.4. End Use Industries breakdown estimates & forecasts, 2019-2028
10.2.2. Canada Heavy Duty Corrugated Packaging Market
10.3. Europe Heavy Duty Corrugated Packaging Market Snapshot
10.3.1. U.K. Heavy Duty Corrugated Packaging Market
10.3.2. Germany Heavy Duty Corrugated Packaging Market
10.3.3. France Heavy Duty Corrugated Packaging Market
10.3.4. Spain Heavy Duty Corrugated Packaging Market
10.3.5. Italy Heavy Duty Corrugated Packaging Market
10.3.6. Rest of Europe Heavy Duty Corrugated Packaging Market
10.4. Asia-Pacific Heavy Duty Corrugated Packaging Market Snapshot
10.4.1. China Heavy Duty Corrugated Packaging Market
10.4.2. India Heavy Duty Corrugated Packaging Market
10.4.3. Japan Heavy Duty Corrugated Packaging Market
10.4.4. Australia Heavy Duty Corrugated Packaging Market
10.4.5. South Korea Heavy Duty Corrugated Packaging Market
10.4.6. Rest of Asia Pacific Heavy Duty Corrugated Packaging Market
10.5. Latin America Heavy Duty Corrugated Packaging Market Snapshot
10.5.1. Brazil Heavy Duty Corrugated Packaging Market
10.5.2. Mexico Heavy Duty Corrugated Packaging Market
10.6. Rest of The World Heavy Duty Corrugated Packaging Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Mondi Group
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. VPK Packaging Group
11.2.3. International Paper Company
11.2.4. WestRock Company
11.2.5. Georgia Pacific LLC
11.2.6. Pratt Industries Inc.
11.2.7. Smurfit Kappa Group Plc.
11.2.8. DS Smith Packaging Limited
11.2.9. Sonoco Products Company
11.2.10. Elsons International

Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Data Collection:
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Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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