Adroit Market Research - Industry Insights

Strides in e-commerce industry is accounted to trigger massive growth opportunities in global corrugated boxes market. As online retail is progressing on the back of sweeping internet proliferation, and surged user adoption of smart devices, shipping is likely to bask in unlimited growth. This is likely to directly influence advances in corrugated boxes market.

Developing Economies such as India to Remain Favorable Growth Hubs on the Back of Burgeoning E-Commerce Industry

Besides matured economies across the Americas and Europe, countries across APAC region such as

Strides in e-commerce industry is accounted to trigger massive growth opportunities in global corrugated boxes market. As online retail is progressing on the back of sweeping internet proliferation, and surged user adoption of smart devices, shipping is likely to bask in unlimited growth. This is likely to directly influence advances in corrugated boxes market.

Developing Economies such as India to Remain Favorable Growth Hubs on the Back of Burgeoning E-Commerce Industry

Besides matured economies across the Americas and Europe, countries across APAC region such as China and India are expected to record tremendous growth in online retail, substantially backed by improved lifestyles and spending capabilities, plush economic boost and a fast-expanding urban population. In parallel to booming e-commerce growth, advances in sustainable packaging solutions is also witnessing leaps backed by consumer preferences and conscious shift towards sustainable packaging that pose negligible carbon footprint. Therefore, with steady rise in sustainable packaging solutions, and need to leap packaging waste to bare minimum, e-commerce industry is fast bracing corrugated box-based packaging solutions.

Corrugated Boxes Players are Upgrading to Novel Workflow Platforms with Adoption of ERP Solutions

Aligning with brand conscious buyer preferences, apparel brands are expediting their presence across retail chains in the e-commerce zone. This further creates ample growth opportunities for corrugated boxes market owing to their large-scale adoption for apparel shipping.

To skillfully align with end-use industry needs, companies are diversifying their potential to remain industry specific. this is done through portfolio refurbishment investments as well as work culture modification. Developing countries such as India which is currently experiencing booming e-commerce industry, is also showcasing foresight on the part of packaging solution providers who are upgrading to new work models, eying maximum delivery potential with highest quality assurance. To cite an instance in this regard, corrugated boxes developer, B&B Triplewall Containers has turned on to ERP solution platform, Corrugated Samadhan to accurately meet client requirements with minimum turn-around-time.

Known for its dynamic packaging solutions in the realm of corrugated packaging, Europe based Smurfit Kappa is up with a string of innovations in the packaging industry, aligning with sustainable packaging protocols. Amidst massive demands for packaging solutions across end-use industries, facility expansion tops the list of to-do needs amongst leading players in the packaging industry. To elaborate the point, its vital to take note of Smurfit Kappa's latest recycling plant in Italy's Tuscan area to promote packaging recycling, aiming to further develop new age packaging solutions for multiple industries, more specifically corrugated packaging.

The initial recycling capacity of the newly inaugurated plant is 15,000 tones which is expected to skyrocket to 25,000 tones by next year. Packaging such as corrugated packaging as well as solid board and folding cartons can be easily processed through this new facility arrangement to obtain fresh boxes in short span of just a fortnight. Therefore, the company is gearing up to make its corrugated packaging solutions along with other variants to match up with stringent sustainability quotient.

Smurfit Kappa Cements a Strong Foothold with Corrugated Packaging Portfolio Expansion, Eliminating Single Plastic Use

Owing to its dynamic flexibility to meet customized packaging needs, as well as its high recyclability quotient, corrugated boxes are witnessing multi-layered growth driven by steadfast adoption across industries. Advances in end-use industries such as online retail, F&B and the like are portraying rigorous adoption of corrugated boxes to align with the needs of sustainability and biodegradability.

Stressing on innovation and environmental sustainability, Smurfit Kappa has recently unveiled its range of sustainable packaging solutions based on corrugated packaging, specifically for the beverage industry which like many other industries is trying to deal with the burden of single use plastic, a major environmental threat. The brand, Smurfit Kappa is designed to carry a total of six beverage cans together, replacing the conventional plastic ring stands that are used worldwide.

Further the multi-million worth company is also mindful of expanding its foothold, attempting to offset competition. In this regard, Smurfit Kappa is up with its M&A deals to keep growth pace high. The company has recently affirmed its decision to buy out corrugated packaging company, Soyuz, thus expediting its geographical foothold across Russia.

Moscow in particular is a booming growth hub for corrugated packaging market, and this development is aligned to place Smurfit Kappa favorably on the growth chart. The company has also affirmed favorable business outlook of its paper packaging solutions as revenues continue to grow substantially, the current rate standing at over 3%. Talking in terms of corrugated packaging in particular, Smurfit Kappa has concluded the growth rate to be over 4%, Y-o-Y across Europe. Americas are also offering to be a growth specific market for Smurfit Kappa's corrugated packaging, as consumers are readily banking upon more sustainable solutions such as paper-based packaging formats owing to environmental consciousness.

Further in corrugated boxes market, as players are aggressively betting for advanced portfolio improvement to remain industry specific, Texas based AAA Box Co., best known for its advanced custom boxes and packaging solutions, to align with evolving shipping requirements has been sold out to Continental Western Corporation, as announced by Generational Equity. AAA Boxes is well acknowledged for its advanced solutions, in the category of corrugated boxes available in all dimensions and varieties, adhering to end-use industry requirements comprising logistics, food, agriculture and oilfield amongst others. With this deal in place, Continental Western Corporation aspires to further diversify its services in packaging solutions, more emphatically of corrugated boxes all across the US. This development is a significant step ahead towards relentless growth in corrugated boxes market globally.