corrugate
The corrugated industry has been enriched by the introduction of digitalization by Smurfit Kappa, a renowned manufacturer of corrugated packaging solutions.

The demand for corrugated boxes globally is anticipated to record a CAGR of 4.3% during the period from 2023 to 2033. According to a report from Future Market Insights, the corrugated box market valuation is expected to grow from US$ 140.4 billion in 2023 to US$ 213.9 billion in 2033.

The packaging of corrugated boxes used in Central and Eastern Europe incorporates a sustainable approach and eco-friendly material, which is appreciated by nearly 80% of the population. Consumers use sustainable corrugated packaging solutions for online shopping in 77% of cases. Around 57% of respondents are willing to pay more for customized corrugated packaging solutions and solutions that are sustainable.

The corrugated industry has been enriched by the introduction of digitalization by Smurfit Kappa, a renowned manufacturer of corrugated packaging solutions. Moreover, by developing new technologies and improving current ones, the key players also look forward to increasing their sustainability efforts.

Graphic design customized for each client has produced various benefits, such as increased sales and greater flexibility for custom corrugated box market players. Innovations in these areas are driving the digitization of paper-based packaging and creating substantial opportunities for market expansion. 

Limitations of the corrugated box market

According to a report, the growth of the corrugated box market is slowed by fierce competition from flexible plastic packaging products. Flexible packaging provides the best value for manufacturers and retailers. This is due to its ability to reduce packaging weight which results in reduced shipping and warehousing costs. Consequently, less space is needed for the packaging.

A flexible packaging system results in a 40% reduction in overall packaging costs, allowing landfill waste to be reduced by 50% and greenhouse gas (GHG) emissions to decrease by 62%, states the report.

Compliance with environmental standards during production also poses a significant challenge for the corrugated box market. The high energy consumption and the environmental impacts associated act as key hindrances to their inclusion as a preferred packaging solution. So, end users are switching from rigid to flexible packaging materials due to factors such as convenience, portability, sustainability, and health benefits. Innovative Products for Sustainable Packaging Solutions to Define the Market Position of Corrugated Box Manufacturers.

Businesses in the corrugated cardboard box market are working to launch new products, expand their operations, and build strategic partnerships with other manufacturers. Furthermore, the custom corrugated boxes market’s key players are expanding their manufacturing capabilities, product lines, and global presence. Leading corrugated box manufacturers are also dedicating time and resources to research and develop innovative products. 

Recent developments in the corrugated box industries

Mondi announced the addition of a new product, BCoolBox, to its sustainable e-commerce portfolio on 1 February 2021, which could include fresh produce and food. It is a packaging solution made up of a corrugated range with thermo-insulation that might keep food cold without having to rely on external cooling. As per the company, this new solution is designed to keep stored commodities at a consistent temperature of fewer than 7 degrees for 24 hours.

International Paper completed the acquisition of two state-of-the-art corrugated box plants in Spain in March 2021. By acquiring this company, the company is likely to be able to enhance its capabilities in Madrid and Catalonia. Regarding EMEA, the corrugated box business is of strategic importance for the company. With a focus on fruit and vegetable packaging and eCommerce solutions, it offers high-quality packaging solutions in the industrial segment. The two businesses have been part of International Paper since 1 April 2021.

As part of the Blaue Helden eCommerce packaging design, DS Smith developed completely recyclable packaging in August 2021. With this sustainably designed eCommerce packaging, DS Smith offers environmentally friendly cleaning tabs from Blaue Helden that have an enhanced appearance appropriate for online retail with 100% corrugated cardboard and no plastic filling material.

A new production line was installed in September 2021 at the Mondi Group’s corrugated box production plant in Szczecin, Poland. As a result of the expansion, the packaging portfolio of this company might expand, as well as production processes be streamlined. In addition to this expansion, the company is poised to further establish itself as a leading provider of eCommerce packaging to the expanding European market.

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are growing similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!

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– Naresh Khanna (25 October 2023)

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