Asia Pacific Corrugated Packaging Market Size, Share, and COVID-19 Impact Analysis, By Wall Type (Single Wall Corrugated, Double Wall Corrugated, and Triple Wall Corrugated), By Printing Technology (Lithography, Flexography, Digital Printing, and Others), By Application (Food & Beverages, Personal Care & Home Care, Medical, and Others), and Asia Pacific Corrugated Packaging Market Insights, Industry Trend, Forecasts to 2035
Industry: Chemicals & MaterialsAsia Pacific Corrugated Packaging Market Insights Forecasts to 2035
- The Asia Pacific Corrugated Packaging Market Size was estimated at USD 109.5 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 6.21% from 2025 to 2035
- The Asia Pacific Corrugated Packaging Market Size is Expected to Reach USD 212.5 Million by 2035
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According to a research report published by Spherical Insights & Consulting, The Asia Pacific Corrugated Packaging Market Size is anticipated to reach USD 212.5 million by 2035, growing at a CAGR of 6.21% from 2025 to 2035. The product customization, sustainable packaging, e-commerce expansion, and adoption of recyclable and renewable materials are driving the corrugated packaging market in the Asia Pacific region.
Market Overview
The Asia Pacific corrugated packaging market refers to the industry comprising the production and sales of containers and packaging materials made from corrugated fiberboard, which is a lightweight, durable, and cost-effective material widely used for shipping, storage, and protection. Corrugated packaging material is made from corrugated paper, containing rows of air columns, suitable for transporting diverse items safely, and is easily repulped or reused, which contributes to environmental conservation. The revolution of digital printing in the corrugated packaging landscape has enabled enhanced customization and brand engagement opportunities. E-commerce sector expansion, with an increasing disposable income, especially in developing countries, is driving the demand of corrugated packaging.
Report Coverage
This research report categorizes the market for the Asia Pacific corrugated packaging market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific corrugated packaging market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific corrugated packaging market.
Asia Pacific Corrugated Packaging Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 109.5 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 6.21% |
2035 Value Projection: | USD 212.5 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 190 |
Tables, Charts & Figures: | 121 |
Segments covered: | By Wall Type, By Printing Technology, By Application |
Companies covered:: | tgipackaging.in, Oji Holdings Corporation, Rengo CO., LTD., SCG Packaging, Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis. |
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Driving Factors
The increasing emphasis on customizing corrugated packaging, creating personalized boxes for enhancing product advertising, and improving customer experience is driving the corrugated packaging market. Corrugated cardboard typically comprises 70 -100% recycled newspaper or cardboard cartons, which makes the packaging highly reusable for use in homes, workplaces, and retail stores. As the packaging ensures safe delivery with excellent protection, the expansion of the e-commerce sector ultimately drives the market demand.
Restraining Factors
The volatility in the prices of raw materials, including kraft paper and wood pulp, is challenging the corrugated packaging market. The availability of alternative packaging, such as flexible plastic packaging that is weight and cost-effective, is hampering the market growth.
Market Segmentation
The Asia Pacific corrugated packaging market share is classified into wall type, printing technology, and application.
- The single wall corrugated segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Asia Pacific Corrugated packaging market is segmented by wall type into single wall corrugated, double wall corrugated, and triple wall corrugated. Among these, the single wall corrugated segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Single-wall corrugated is lighter and less expensive, offering basic protection and suitable for shipping lightweight and fragile items.
- The flexography segment dominated the corrugated packaging market in 2024 and is anticipated to grow at a significant CAGR during the projected period.
The Asia Pacific corrugated packaging market is segmented by printing technology into lithography, flexography, digital printing, and others. Among these, the flexography segment dominated the corrugated packaging market in 2024 and is anticipated to grow at a significant CAGR during the projected period. Flexography printing uses quick-drying inks, working on corrugated cardboard, and is widely considered the best printing option.
- The food & beverage segment dominated the corrugated packaging market in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Asia Pacific corrugated packaging market is segmented by application into food & beverages, personal care & home care, medical, and others. Among these, the food & beverage segment dominated the corrugated packaging market in 2024 and is expected to grow at a significant CAGR during the forecast period. Corrugated packaging is needed for storing food products for a longer time and maintaining the food's integrity.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific corrugated packaging market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- tgipackaging.in
- Oji Holdings Corporation
- Rengo CO., LTD.
- SCG Packaging
- Others
Recent Developments:
- In October 2024, Bobst embarked on a new manufacturing journey in India. Bobst is a global leader in printing and converting equipment and services for folding cartons, corrugated, flexible, and label production.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Asia Pacific, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Asia Pacific Corrugated Packaging Market based on the below-mentioned segments:
Asia Pacific Corrugated Packaging Market, By Wall Type
- Single Wall Corrugated
- Double Wall Corrugated
- Triple Wall Corrugated
Asia Pacific Corrugated Packaging Market, By Printing Technology
- Lithography
- Flexography
- Digital Printing
- Others
Asia Pacific Corrugated Packaging Market, By Application
- Food & Beverages
- Personal Care & Home Care
- Medical
- Others
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the Asia Pacific Corrugated Packaging Market over the forecast period?The Asia Pacific Corrugated Packaging Market is projected to expand at a CAGR of 6.21% during the forecast period.
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2. What is the market size of the Asia Pacific Corrugated Packaging Market?The Asia Pacific Corrugated Packaging Market size is expected to grow from USD 109.5 million in 2024 to USD 212.5 million by 2035, at a CAGR of 6.21% during the forecast period 2025-2035.
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3. Who are the top companies operating in the Asia Pacific Corrugated Packaging Market?Key players in Asia Pacific Corrugated Packaging Market include tgipackaging.in, Oji Holdings Corporation, Rengo CO., LTD. , and SCG Packaging
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4. What are the main drivers of growth in the Asia Pacific Corrugated Packaging Market?Product customization, sustainable packaging, e-commerce expansion, and adoption of recyclable and renewable materials are the main drivers of growth in the Asia Pacific Corrugated Packaging market.
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5. What challenges are limiting the Asia Pacific Corrugated Packaging Market?Volatility of raw material prices and availability of alternative packaging remain key restraints in the Asia Pacific corrugated packaging market.
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