Zion Market Research Corrugated Board Packaging Market, 2015 - 2021 | Page 3

Corrugated Board Packaging Market
addition, changing lifestyle and online business will further propel the demand in the near
future. The government has put strict regulations against contamination of landfills which may
restrict the growth of the market in coming years.
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Corrugated board packaging market is segmented on the basis of application as personal &
home care, glassware &ceramics, food & beverages, paper products, textile goods, and others.
Out of these, the food & beverages application segment is leading the market.
Geographically, Europe accounts for the highest market share across the world owing to highest
paper recycling rate. Additionally, other developing countries struggling to lower the carbon
footprints also contribute to the market growth. China is also increasing its paper recycling rate.
Moreover, governments support to supply corrugated packaging material in order to reduce the
accumulation of waste products is fostering the market in this region.
Some of the major players dominating the global corrugated board packaging market are Kashi
Pack Care, I. Waterman (Box Makers) Ltd., Ariba & Company, and Klingele Papierwerke GmbH &
Co. KG.