Canada Corrugated Board Market Size & Outlook, 2022-2030
Canada corrugated board market, 2018-2030 (US$M)
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Canada corrugated board market highlights
- The Canada corrugated board market generated a revenue of USD 3,470.5 million in 2022 and is expected to reach USD 5,850.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.7% 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 3,470.5 million |
| Market revenue in 2030 | USD 5,850.2 million |
| Growth rate | 6.7% (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, Canada accounted for 2.6% 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 North America, U.S. corrugated board market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 5,255.0 million by 2030.
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Corrugated Board Market Scope
Corrugated Board Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 will help companies and investors design strategic landscapes.
C flute was the largest segment with a revenue share of 28.26% in 2022. Horizon Databook has segmented the Canada 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.
With a relatively low population, Canada expanse over a vast range of landmass mostly concentrated in the Northern part of the country; this essentially supports a heavier demand for energy and higher emissions.
The government of Canada has decided to take firm decisions to reduce greenhouse gas emissions and support clean technology innovation. This type of governmental support via tax subsidies is expected to boost the demand for sustainable packaging solutions such as corrugated boards.
Based on flute type, C Flute led the Canadian market with a maximum revenue share of XX% in 2021 and the segment is anticipated to maintain its dominance throughout the forecast period from 2022 to 2030.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada corrugated board market , including forecasts for subscribers. This country databook contains high-level insights into Canada corrugated board market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada corrugated board market size, by flute type, 2018-2030 (US$M)
Canada Corrugated Board Market Outlook Share, 2022 & 2030 (US$M)
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