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 |
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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 30.52% 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.
Horizon Databook provides a detailed overview of country-level data and insights on the India corrugated board market , including forecasts for subscribers. This country databook contains high-level insights into India corrugated board market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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