New York, Nov. 5, 2015 (GLOBE NEWSWIRE) — According to a new market report published by Persistence Market Research “Global Market Study on Corrugated Packaging: Glassware and ceramics application to witness highest growth by 2020”, the global corrugated packaging market is expected to grow at a CAGR of 4.0% during 2014 to 2020, to reach an estimated USD 173.6 million by 2020.

Browse the full report with TOC at: http://www.persistencemarketresearch.com/market-research/corrugated-packaging-market.asp

The corrugated packaging market is thriving mainly due to growing end-user industries, including food, medicine, consumer durables, rubber, and petroleum. Benefits associated with corrugated packaging such as sustainability and low cost makes it one of the preferred modes of packaging across various industries. Emerging markets offer tremendous growth opportunities for the corrugated packaging market due to increasing population and growing demand for consumer products in these regions. The e-commerce industry has emerged as one of the key drivers for the global corrugated packaging market. This is primarily because corrugated packaging is the most reliable form of packaging products in this industry.

However, certain restraints such as low endurance of corrugated packaging and stalled growth across certain end-user industries are affecting market growth. The market, in terms of competitive structure, is consolidated through large numbers of mergers and acquisitions. This indicates tough sustainability in this market. 

View Sample Report: http://www.persistencemarketresearch.com/samples/4433

Increasing population coupled with rising per capita income is encouraging industrial production worldwide, which, consequently, is increasing the number of shipments. Owing to low costs and easy handling, corrugated packaging is considered as ideal for shipments across several industries. Based on the application, corrugated packaging is used in different shapes such as sheets, liner board, boxes, and containerboards. Based on dimensions of the packaging medium, corrugated packaging is classified as A-flute, B-flute, C-flute, E-flute, and F-flute.

The various application industries that use corrugated packaging include processed food, fresh food and produce, beverages, personal and household care, chemicals, paper products, electrical and electronic goods, glassware and ceramics, and tobacco.

Get Customized TOC: http://www.persistencemarketresearch.com/toc/4433

Rising population and growing demand for food, medicine, and consumer durable goods in developing countries are driving the demand for packaging products in these regions. Low costs and high benefits of corrugated packaging have made them one of the most preferred packaging solutions across an array of industries in these regions. Food and healthcare are among the fastest growing industries in China that use corrugated packaging. The processed food sector in China is growing at a rate of over 10%. Electrical equipment and machinery (a key end-user for the corrugated packaging market) market in China is growing at over 11%. Indonesia is another emerging economy with a large number of food processing companies. This, in turn, is driving the corrugated packaging market.

China, Japan, India, and Indonesia are the major corrugated packaging material producers in Asia Pacific. The U.S. leads the corrugated packaging material production in North America while the European market is dominated by Italy, France, Germany, Spain, the U.K., and Poland. Brazil and Turkey feature among the leading corrugated packaging material producers in Rest of the World (RoW).

You can directly buy this report@ http://www.persistencemarketresearch.com/checkout/4433            

Major companies in the corrugated packaging market include International Paper Company, Nine Dragons Paper (Holdings) Limited, Rock-Tenn Company, Smurfit Kappa Group, Lee & Man Paper Manufacturing Ltd., Georgia-Pacific Equity Holdings LLC, Oji Holdings Corporation, Mondi Group, Packaging Corporation of America, and DS Smith Plc.

Below is the segmentation carried out by Persistence Market Research for global market study on corrugated packaging:

Market Size and Forecast by Application

  • Processed Food
  • Fresh Food Produce
  • Personal Care and Household Goods
  • Chemicals
  • Paper Products
  • Electrical and Electronic Goods
  • Tobacco
  • Others

Market Size and Forecast by Region

North America

  • North America Market Size and Forecast, by application
  • North America Market Size and Forecast, by country

Europe

  • Europe Market Size and Forecast, by application
  • Europe Market Size and Forecast, by country

Asia Pacific

  • Asia Pacific Market Size and Forecast, by application
  • Asia Pacific Market Size and Forecast, by country

Rest of the World (RoW)

  • RoW Market Size and Forecast, by application
  • RoW Market Size and Forecast, by country

About Us: 

Persistence Market Research (PMR) is an innovative provider of market research reports and consulting services. The three PMR pillars of strength that have helped us win clients for years are: Quality Research, Quick Research, and In-depth Research.

PMR’s team of seasoned analysts and consultants are experts in their domain. At PMR, we process complex, exhaustive primary and secondary research data into valuable insight. We understand that each client has a unique problem statement, and address it with our strengths.

CONTACT: Mr. Glen Hare,
         
         305 Broadway, 7th Floor
         New York City, NY 10007
         United States
         USA - Canada Toll-Free: 800-961-0353
         Email: [email protected]
         Web: http://www.persistencemarketresearch.com