Market Share of Corrugated Board Packaging Industry
The market for corrugated board packaging is fragmented, with many players providing corrugated board packaging solutions. Companies are constantly innovating to promote sustainable packaging and provide eco-friendly packaging products. Companies are launching corrugated box designs for various end-user industries to leverage the opportunities. The market is also witnessing multiple partnerships and acquisitions by market players to strengthen their portfolios in the corrugated board packaging segment.
- May 2022 - Mondi announced to invest EUR 280 million to increase the production of corrugated board and cardboard. This investment will help to expand capacity and increase efficiency in the Czech Republic, Poland, Germany and Turkey. Of this investment figure, EUR 185 million will go to the company's network of Corrugated Solutions plants in Central and Eastern Europe.
- April 2022 - DS Smith, a UK-based sustainable packaging provider, developed and launched a corrugated cardboard box for e-commerce shipments of medical devices. This new corrugated cardboard box features a single-material solution in place of glued packaging with a single-use plastic insert.
Corrugated Packaging Market Leaders
International Paper Company
Mondi Group
DS Smith PLC
WestRock Company
Smurfit Kappa Group
*Disclaimer: Major Players sorted in no particular order
