India Corrugated Boxes Market Analysis, Recent Trends and Regional Growth Forecast to 2023-2028

The latest research study "India Corrugated Boxes Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" by IMARC Group offers a comprehensive analysis of the industry, which comprises insights on the investment casting industry

Is the India corrugated boxes market good for investment or future trends?

The India corrugated boxes market size reached US$ 6.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.3 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.

What is the corrugated boxes?

Corrugated boxes represent the packaging solutions that are generally used for transporting goods. They are composed of multi-layered paperboard sheets manufactured by using cellulose fibers obtained from wood. These sheets aid in trapping air between them which acts as a cushion for protecting the contents of the boxes. They offer numerous beneficial properties, such as lightweight, strength, flexibility, high durability, aesthetic value, etc. In addition to this, corrugated box are recyclable and eco-friendly as no harmful chemicals are used in their production. Consequently, they find extensive applications in several sectors, including food and beverage (F&B), personal care, pharmaceutical, etc.

Impact of Covid-19: 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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What is the drivers of change in trends for the India corrugated boxes market:

The expanding e-commerce industry is primarily driving the India corrugated boxes market. Additionally, the widespread adoption of fast-moving consumer goods (FMCG), such as toiletries, beverages, drugs, household items, etc., is further catalyzing market growth. Besides this, the growing consumer inclination towards lightweight and innovative packaging materials has led the leading manufacturers to design corrugated boxes in varying sizes and shapes, which is acting as another significant growth-inducing factor.

Moreover, the increasing utilization of these boxes as an effective marketing strategy for retail-ready packaging (RPR) and shelf-ready packaging (SRP) is also propelling the product demand in this country. Aside from that, increased R&D investments to improve the variations' sustainable qualities, chemical resistance, dimension stability, and weatherability are expected to fuel the India corrugated boxes market throughout the forecasted period.

India Corrugated Boxes Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The report has segmented the market on the basis on material used and end use.

Breakup by Material Used:

Recycled Corrugates
Virgin Corrugates

Breakup by End Use:

Food Products and Beverages
Paper Products
Electrical and Electronic Goods
Personal Care and Household Goods
Chemicals
Glassware and Ceramics
Textile Goods
Others

Breakup by Region:

North India
West and Central India
South India
East India

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Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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