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Plastic Corrugated Packaging Market Report and Forecast 2024-2032

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    Report

  • 155 Pages
  • May 2024
  • Region: Global
  • Expert Market Research
  • ID: 5973796
According to the report, The global plastic corrugated packaging market is projected to grow at a CAGR of 4.9% between 2024 and 2032. The market is expected to be aided by the increasing demand for innovative packaging solutions and high-quality corrugated plastic solutions.

Plastic corrugated packaging, also known as corrugated plastic or coroplast, is made from polypropylene sheets and is characterised by its lightweight, strength, and flexibility. It is widely used in packaging, signage, automotive components, and construction, among other applications. The material's resistance to moisture, chemicals, and impact makes it a preferred choice for protective packaging in various industries, including electronics, automotive, agriculture, and pharmaceuticals.

The plastic corrugated packaging market growth is fuelled by the increasing demand for sustainable packaging solutions. Plastic corrugated packaging is recyclable and reusable, making it an environmentally friendly alternative to traditional packaging materials like cardboard and wood. This aligns with the global shift towards sustainable practices and the reduction of carbon footprints in the packaging industry.

Furthermore, the e-commerce boom has significantly contributed to the plastic corrugated packaging market expansion. The rise of online shopping has led to an increased need for durable and lightweight packaging to ensure the safe transportation of goods. Plastic corrugated packaging's ability to provide excellent protection while being cost-effective has made it a popular choice for e-commerce packaging.

The robustly growing automotive sector is another key driver of the plastic corrugated packaging market. The need for lightweight components to improve fuel efficiency has led to the adoption of plastic corrugated materials for automotive parts packaging. This trend is expected to continue as the automotive industry focuses on reducing vehicle weight and enhancing sustainability.

Innovation and technological advancements are also shaping the plastic corrugated packaging market. Manufacturers are developing new products with enhanced properties, such as anti-static and flame-retardant plastic corrugated packaging, to meet the specific requirements of various industries. Additionally, the integration of smart technologies, such as RFID tags and QR codes, into plastic corrugated packaging is gaining traction, enabling better tracking and inventory management.

Despite its growth, the plastic corrugated packaging market faces challenges related to environmental concerns. The perception of plastic as a non-eco-friendly material poses a challenge to market growth. However, manufacturers are addressing this issue by investing in research and development to produce biodegradable and recycled plastic corrugated packaging solutions.

The plastic corrugated packaging market growth is likely to surge in the emerging regions owing to rapid industrialisation and the growth of the retail sector, which is driving the demand for efficient and cost-effective packaging solutions. Furthermore, the increasing focus on reducing packaging waste and promoting circular economy practices opens up new avenues for the development of sustainable plastic corrugated packaging products.

Market Segmentation

The global plastic corrugated packaging market can be divided based on packaging type, material, end use, and region.

Market Breakup by Packaging Type

  • Folding Boxes
  • Trays
  • Crates
  • Inserts and Dividers
  • Others

Market Breakup by Material

  • Polypropylene (PP)
  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Polycarbonate (PC)

Market Breakup by End Use

  • Food and Beverages
  • Agriculture
  • Healthcare
  • Automotive
  • Electrical and Electronics
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global plastic corrugated packaging market. Some of the major players explored in the report are as follows:
  • Samuel Grant Group Ltd.
  • Sohner Kunststofftechnik GmbH
  • American Containers Inc.
  • Flexcon Container, Inc
  • Minnesota Diversified Industries
  • Technology Container Corp.
  • Inteplast Group(Coroplast)
  • Twinplast Limited
  • Corlite Packaging Industries Sdn. Bhd
  • Androp Packaging Inc.
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Plastic Corrugated Packaging Market Analysis
8.1 Key Industry Highlights
8.2 Global Plastic Corrugated Packaging Historical Market (2018-2023)
8.3 Global Plastic Corrugated Packaging Market Forecast (2024-2032)
8.4 Global Plastic Corrugated Packaging Market by Packaging Type
8.4.1 Folding Boxes
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Trays
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Crates
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Inserts and Dividers
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Plastic Corrugated Packaging Market by Material
8.5.1 Polypropylene (PP)
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Polyethylene (PE)
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Polyethylene Terephthalate (PET)
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Polycarbonate (PC)
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.6 Global Plastic Corrugated Packaging Market by End Use
8.6.1 Food and Beverages
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Agriculture
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Healthcare
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Automotive
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Electrical and Electronics
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Plastic Corrugated Packaging Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Plastic Corrugated Packaging Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Plastic Corrugated Packaging Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Plastic Corrugated Packaging Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Plastic Corrugated Packaging Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Plastic Corrugated Packaging Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Samuel Grant Group Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Sohner Kunststofftechnik GmbH
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 American Containers Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Flexcon Container, Inc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Minnesota Diversified Industries
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Technology Container Corp.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Inteplast Group(Coroplast)
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Twinplast Limited
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Corlite Packaging Industries Sdn. Bhd
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Androp Packaging Inc.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Plastic Corrugated Packaging Market: Key Industry Highlights, 2018 and 2032
2. Global Plastic Corrugated Packaging Historical Market: Breakup by Packaging Type (USD Million), 2018-2023
3. Global Plastic Corrugated Packaging Market Forecast: Breakup by Packaging Type (USD Million), 2024-2032
4. Global Plastic Corrugated Packaging Historical Market: Breakup by Material (USD Million), 2018-2023
5. Global Plastic Corrugated Packaging Market Forecast: Breakup by Material (USD Million), 2024-2032
6. Global Plastic Corrugated Packaging Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Global Plastic Corrugated Packaging Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Global Plastic Corrugated Packaging Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Plastic Corrugated Packaging Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Plastic Corrugated Packaging Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Plastic Corrugated Packaging Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Plastic Corrugated Packaging Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Plastic Corrugated Packaging Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Plastic Corrugated Packaging Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Plastic Corrugated Packaging Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Plastic Corrugated Packaging Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Plastic Corrugated Packaging Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Plastic Corrugated Packaging Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Plastic Corrugated Packaging Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Plastic Corrugated Packaging Market Structure

Companies Mentioned

  • Samuel Grant Group Ltd.
  • Sohner Kunststofftechnik GmbH
  • American Containers Inc.
  • Flexcon Container, Inc
  • Minnesota Diversified Industries
  • Technology Container Corp.
  • Inteplast Group(Coroplast)
  • Twinplast Limited
  • Corlite Packaging Industries Sdn. Bhd
  • Androp Packaging Inc.

Methodology

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Table Information