Market Share of Corrugated & Paperboard Boxes Industry
The market for Corrugated & Paperboard Boxes is fragmented and consists of several major players. In terms of market share, few of these major players currently dominate the market. The level of engagement among the vendors will strengthen in the following years to come due to limited product differentiation and underpricing strategy of the regional and local players.Various inorganic growth strategies are witnessed in the market by several players include acquisitions and partnerships & collaborations. These exercises have paved means for the augmentation of business and customer base of market players.
- October2019 -Graphic Packaging International (GPI) has developed KeelClip, a paperboard packaging solution for cans that offers sustainability advantages and merchandising benefits as compared to other packaging options. KeelClip, the company’s latest innovation in paperboard packaging solutions, performs well in high-speed environments.
- October2019 -Smurfit Kappa has joined with companies HVC and Bluemats to unveil an ambitious plan for the first full beverage carton recycling plant in the Netherlands.Smurfit Kappa would bringlong-term expertise inpaper-recyclinginstallations to the project which has been awarded a European LIFE grant. HVC brings sustainable waste collection experience to the project while Bluemats will handle and separate the plastics and aluminum.
Corrugated & Paperboard Boxes Market Leaders
International Paper
WestRock Company
Smurfit Kappa Inc
DS Smith Plc
Graphic Packaging International Inc
*Disclaimer: Major Players sorted in no particular order
