China Corrugated Board Market Size & Outlook, 2022-2030
China corrugated board market, 2018-2030 (US$M)
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China corrugated board market highlights
- The China corrugated board market generated a revenue of USD 24,228.0 million in 2022 and is expected to reach USD 40,732.0 million by 2030.
- The China 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 24,228.0 million |
| Market revenue in 2030 | USD 40,732.0 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, China accounted for 18.0% 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.
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Corrugated Board Market Scope
Corrugated Board Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 30.06% in 2022. Horizon Databook has segmented the China 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 highly involved in exports, which require packaging for shipments where corrugated boards are used thus supporting the significant country’s share in 2021.
As per the data released by the China Association of Automobile Manufacturers, the Y-o-Y growth rate of production of passenger cars was 7.5%, wherein it was 20.3% for commercial vehicles in November 2020 in China.
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Horizon Databook provides a detailed overview of country-level data and insights on the China corrugated board market , including forecasts for subscribers. This country databook contains high-level insights into China corrugated board market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China corrugated board market size, by flute type, 2018-2030 (US$M)
China Corrugated Board Market Outlook Share, 2022 & 2030 (US$M)
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