India Corrugated Board Market Size & Outlook, 2022-2030
- Packaging & Packaging Solutions
- Packaging Products
- Corrugated Board Market Outlook
- Packaging Products
India Corrugated Board Market, 2018-2030 (US$M)
Global Market
Related Markets
Ask Prism AI anything about the corrugated board market
Get a cited answer from GVR research in seconds: segment shares, growth drivers, regulation and forecast assumptions.
India corrugated board market highlights
- The India corrugated board market generated a revenue of USD 6,251.6 million in 2022 and is expected to reach USD 13,216.0 million by 2030.
- The India market is expected to grow at a CAGR of 9.8% from 2023 to 2030.
- In terms of segment, c flute was the largest revenue generating flute type in 2022.
- A Flute is the most lucrative flute type segment registering the fastest growth during the forecast period.
Corrugated board market data book summary
| Market revenue in 2022 | USD 6,251.6 million |
| Market revenue in 2030 | USD 13,216.0 million |
| Growth rate | 9.8% (CAGR from 2022 to 2030) |
| Largest segment | C flute |
| Fastest growing segment | A Flute |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | A Flute, B Flute, C Flute, E Flute, F Flute |
| Key market players worldwide | International Paper Co, Georgia-Pacific, WestRock Co, Packaging Corp of America, Stora Enso Oyj Ordinary Shares - Class R, Oji Holdings Corp, Smurfit Kappa Group PLC, Mondi PLC, DS Smith PLC |
Other key industry trends
- In terms of revenue, India accounted for 4.6% of the global corrugated board market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China corrugated board market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 13,216.0 million by 2030.
The country is estimated to exhibit the fastest growth over the forecast period in the regional market. Rising discretionary income and increasing per capita expenditure are the major factors expected to positively impact the fastest growth of the corrugated board market in the country.
Moreover, a requirement for superior quality packaging for use in FMCG products distributed through organized retail channels and the increasing preference for convenience foods are projected to drive the demand for a corrugated board in the country over the forecast period.
Changing lifestyles, expectations, and preferences for product purchasing with an increasing purchasing power of consumers in India are also leading to the high demand for high quality and safer packaging products, which, in turn, is likely to trigger the market.
Key Regions:U.S., UK, Japan, Brazil, South Korea
No credit card required*
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
- Turnaround
- 5–10 working days
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Corrugated Board Market Scope
Corrugated Board Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mondi PLC | View profile | 21,773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | www.mondigroup.com |
| Stora Enso Oyj Ordinary Shares - Class R | View profile | 20,000 | P.O. Box 309, Helsinki, Finland, FI-00101 | www.storaenso.com |
| Georgia-Pacific | View profile | 10001+ | Atlanta, Georgia, United States, North America | www.gp.com/aboutus/companyoverview/index.html |
| WestRock Co | View profile | 56,100 | 1000 Abernathy Road, North East, Atlanta, GA, United States, 30328 | www.westrock.com |
| International Paper Co | View profile | 39,000 | 6400 Poplar Avenue, Memphis, TN, United States, 38197 | www.internationalpaper.com |
| Packaging Corp of America | View profile | 14,900 | 1 North Field Court, Lake Forest, IL, United States, 60045 | www.packagingcorp.com |
| DS Smith PLC | View profile | 29,672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | www.dssmith.com |
| Oji Holdings Corp | View profile | 37,845 | 7-5, Ginza 4-chome, Chuo-ku, Tokyo, Japan, 104-0061 | www.ojiholdings.co.jp |
| Smurfit Kappa Group PLC | View profile | 47,000 | Beech Hill, Clonskeagh, Dublin 4, Dublin, Ireland, D04 N2R2 | www.smurfitkappa.com |
India Corrugated Board Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Corrugated Board Market Outlook will help companies and investors design strategic landscapes.
C Flute was the largest segment with a revenue share of 30.52% in 2022.
Horizon Databook has segmented the India corrugated board market based on a flute, b flute, c flute, e flute, f flute covering the revenue growth of each sub-segment from 2018 to 2030.
The country is estimated to exhibit the fastest growth over the forecast period in the regional market. Rising discretionary income and increasing per capita expenditure are the major factors expected to positively impact the fastest growth of the corrugated board market in the country.
Moreover, a requirement for superior quality packaging for use in FMCG products distributed through organized retail channels and the increasing preference for convenience foods are projected to drive the demand for a corrugated board in the country over the forecast period.
Changing lifestyles, expectations, and preferences for product purchasing with an increasing purchasing power of consumers in India are also leading to the high demand for high quality and safer packaging products, which, in turn, is likely to trigger the market.
- India Corrugated Board Market Flute Type Outlook (Revenue, USD Million , 2018-2030)
- A Flute
- B Flute
- C Flute
- E Flute
- F Flute
- Others
- India Corrugated Board Market Board Style Outlook (Revenue, USD Million , 2018-2030)
- Single Face
- Single Wall
- Double Wall
- Triple Wall
Reasons to subscribe to Corrugated Board Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Corrugated Board Market Outlook databook
- Our clientele includes a mix of Corrugated Board Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India Corrugated Board Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Corrugated Board Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
India Corrugated Board Market, 2018-2030 (US$M)
India corrugated board market statistics, by flute type, 2018-2030 (US$M)
