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Asia Pacific Corrugated Packaging Market
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Asia Pacific Corrugated Packaging Market

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Asia Pacific Corrugated Packaging Market, By Type (Corrugated Box, Folding boxboard); By Printing Techniques (Lithography, Flexography, Digital Printing, Others); By End-Use Industry (Food & Beverages, Personal Care & Home Care, Medical, Home Appliances & Electronics, Agriculture, Industrial, Others); By Country (China, Japan, India, South Korea, Singapore, Malaysia, Australia, Indonesia, Vietnam, Philippines, Rest of Asia Pacific); Trend Analysis, Competitive Landscape & Forecast, 2023–2029

  • Published Date: January 2023
  • Report ID: BWC22614
  • Available Format: PDF
  • Page: 190

Report Overview

Rapid expansion of the e–commerce industry demanding sturdy packaging that offers rigidity and cushioning quality to protect the products and increasing awareness about impact of plastic packaging on the environment are expected to drive Asia-Pacific corrugated Packaging Market during the forecast period between 2023 and 2029.

Asia-Pacific Corrugated Packaging Market - Industry Trends & Forecast Report, 2029

Asia-Pacific corrugated packaging market size is projected to grow at a CAGR of 8.5% during the forecast period between 2023 and 2029. The market's growth is attributed to the rapid expansion of the e–commerce industry that demands sturdy packaging that offers rigidity and cushioning quality to protect the products along with increasing consumer–consciousness towards the negatives of plastic packaging on the environment. Many APAC countries including India, South Korea, and Japan, are banning single–use plastic and promoting the use of other sustainable alternatives, such as paper and corrugated packaging, which are made from pulp and paper and are highly recyclable, the demand for corrugated packaging is projected to surge in the forecast period, propelling the overall market growth.

Asia-Pacific Corrugated Packaging Market - Overview

Corrugated packaging is a type of packaging which is produced from sustainable materials like pulp and paper and is made of many layers of materials instead of one. Many layers provide sturdiness to the packaging and protect the product from damages. Inside liner, outer liner, and a fluted medium sandwiching the two make up the three layers of corrugated. They are manufactured from large high-precision machines called corrugators. Corrugated packaging is popular in the packaging industry, because of its various properties, including moisture control, impact resistance, tear resistance, burst strength, bending resistance, and shock absorption.

Asia-Pacific Corrugated Packaging Market

Growth Drivers

Increasing Use of Small and Medium-sized Corrugated Boxes in Food and Beverages Packaging

Corrugated packaging is increasingly being used in the food and beverages industry. According to research by The University of Bologna, corrugated packaging prevents bacterial infections and promotes food safety. This type of packaging is also capable of keeping fruits and vegetables fresher for longer periods compared to other packaging types with its moisture control property. Food exports are also registering a significant boost from countries such as South Korea and Japan due to the rising popularity of pop culture, K-pop, and anime. As a result, the demand for corrugated packaging is projected to rise in the forecast period, propelling the overall market growth.

Restraints

High Exposure to Damage Due to Adverse Weather Conditions

One of the major drawbacks of corrugated packaging is that it is highly unstable under adverse weather conditions. Furthermore, water and other types of fluid may seep into it and may damage the products inside. This is much of an issue in the case of exports in countries with different weather conditions. Due to this, end–user industries often opt for plastic packaging instead of corrugated packaging. This may act as a substantial restraining factor for the growth of the Asia-Pacific corrugated packaging market.

Impact of COVID-19 on Asia-Pacific Corrugated Packaging Market

Asia-Pacific corrugated packaging market was badly hit by the unprecedented COVID–19 pandemic outbreak. As the lockdown imposed by the Asian countries to curb the virus spread hindered the operations of the end–user industries including e–commerce, the demand for corrugated packaging fell substantially. The market was floating with the business of essential items only, then also the corrugated packaging manufacturers had to incur huge losses. However, the market is expected to witness significant growth in the post COVID–19 period owing to the increasing environmental–consciousness among consumers.

Asia-Pacific Corrugated Packaging Market

Segmental Coverage

Asia-Pacific Corrugated Packaging Market – By Type

Based on type, Asia-Pacific corrugated packaging market is segregated into corrugated boxes and folding boxboard segments. The corrugated box segment held a higher market share in 2022 and is projected to dominate the market during the forecast period as well. The increasing popularity of the corrugated box in the packaging industry is associated with its cost–effectiveness and sustainability. Along with these corrugated boxes are also easy to customize and are favorable for the company's branding and brand awareness.

Asia-Pacific Corrugated Packaging Market – By Printing Technique

Based on printing techniques, Asia-Pacific corrugated packaging market is segmented into lithography, flexography, digital printing, and others. The flexography printing technique accounts for the highest market share owing to its higher efficiency, flexibility, and consistency. One of the major growth factors of the flexography technique is its cost–effectiveness in the long run. This type of technology is capable of printing corrugated packaging at high speeds through the application of highly automated equipment to create affordable and environmentally friendly packaging.

Asia-Pacific Corrugated Packaging Market – By End–Use Industry

Based on end–use industry, Asia-Pacific corrugated packaging market is segmented into food & beverages, personal care & home care, medical, home appliances & electronics, agriculture, industrial, and others. The home appliances & electronics segment accounts for the highest market share. Asia–Pacific countries are emerging as major manufacturers and exporters of consumer goods, such as mobile phones, laptops, and washing machines, with high global demand. Corrugated packaging offers maximum protection to these products as it provides stable cushioning which prevents damage.

Asia-Pacific Corrugated Packaging Market – By Region

Geographically, Asia-Pacific corrugated packaging market covers the following major regions: China, Japan, India, South Korea, Singapore, Malaysia, Australia, Indonesia, Vietnam, Philippines, and the rest of Asia Pacific. China dominates Asia-Pacific corrugated packaging market owing to the high export of Chinese products. It is the top exporter of electronic items such as integrated circuits, computers, office machine parts, and broadcasting equipment, which acts as a major factor pulling the demand for corrugated packaging. India is also emerging as a big market for corrugated packaging owing to the expanding e–commerce industry at both domestic and international levels.

Competitive Landscape

Major players operating in the Asia-Pacific corrugated Packaging market include International Paper, Klingele Papierwerke Gmbh & Co. Kg, Klabin S.A., Westrock Company, Rengo Co., Ltd., Mondi Group, SCG Packaging PCL, Continental Packaging, Toppan Printing Co. Ltd, Lee & Man Paper Manufacturing Limited, Oji Holdings, and Nine Dragons Paper (Holdings) Limited. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In November 2022 - JK Paper Ltd., a India-based paper mill company, acquired Mumbai-based Horizon Packs Pvt Ltd and Uttarakhand-based Securipax Packaging Pvt Ltd.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period– 2023–2029

Facts Covered

Revenue in USD Billion

Market Coverage

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

Product/ Service Segmentation

Type, Printing Techniques, End-Use Industry, Country

Key Players

International Paper, Klingele Papierwerke Gmbh & Co. Kg, Klabin S.A., Westrock Company, Rengo Co., Ltd., Mondi Group, SCG Packaging PCL, Continental Packaging, Toppan Printing Co. Ltd, Lee & Man paper Manufacturing Limited, Oji Holdings, Nine Dragons Paper (Holdings) Limited

 

 

By Type

  • Corrugated Box

  1. Single-phase corrugated box

  2. Single wall corrugated box

  3. Double-wall corrugated box

  4. Triple wall corrugated box

  • Folding boxboard

By Printing Techniques

  • Lithography

  • Flexography

  • Digital Printing

  • Others

By End-Use Industry

  • Food & Beverages

  • Personal Care & Home Care

  • Medical

  • Home Appliances & Electronics

  • Agriculture

  • Industrial

  1. Chemical & Plastics

  2. Paper & Carton

  3. Others

  • Others

By Country

  • China

  • Japan

  • India

  • South Korea

  • Singapore

  • Malaysia

  • Australia

  • Indonesia

  • Vietnam

  • Philippines

  • Rest of Asia Pacific

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Asia-Pacific Corrugated Packaging Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Rising Use of Small and Medium-Sized Corrugated Box in the Food and Beverage Packaging Industry
        2. E-commerce and Courier Services are Expanding for Product Delivery
        3. Increasing Preferences for Recycled Corrugated Products in the Packaging Industry
        4. Packaging Industry's Transition to Lightweight Packaging Methods
        5. Large Corrugated Boxes are Being Used More Often in the Shipping Industry
      2. Restraints
        1. High Fluctuations in Wood Pulp Prices
        2. Packaged Products Damaged by Adverse Weather Conditions,
        3. High Maintenance Costs Affecting Profit Margins for Corroded Packaging Machinery
      3. Opportunities
        1. Ban on Products Using Plastic Packaging in Asia Pacific
        2. Increasing Profit Margins for Corrugated Boxes Post Pandemic
      4. Challenges
        1. Moist and Humid Weather Affect Firmness and Strength of Corrugated Boxes
        2. Green Substitutes Being Used More Often in Packaging Industry
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Asia-Pacific Corrugated Packaging Market Overview
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
        1. Corrugated Box
          1. Single-phase corrugated box
          2. Single wall corrugated box
          3. Double-wall corrugated box
          4. Triple wall corrugated box
        2. Folding boxboard
      2. By Printing Techniques
        1. Lithography
        2. Flexography
        3. Digital Printing
        4. Others
      3. By End-Use Industry
        1. Food & Beverages
        2. Personal Care & Home Care
        3. Medical
        4. Home Appliances & Electronics
        5. Agriculture
        6. Industrial
          1. Chemical & Plastics
          2. Paper & Carton
          3. Others
        7. Others
      4. By Country
        1. China
        2. Japan
        3. India
        4. South Korea
        5. Singapore
        6. Malaysia
        7. Australia
        8. Indonesia
        9. Vietnam
        10. Philippines
        11. Rest of Asia Pacific
  5. China Corrugated Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Printing Techniques
      3. By End-Use Industry
  6. Japan Corrugated Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Printing Techniques
      3. By End-Use Industry
  7. India Corrugated Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Printing Techniques
      3. By End-Use Industry
  8. South Korea Corrugated Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Printing Techniques
      3. By End-Use Industry
  9. Singapore Corrugated Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Printing Techniques
      3. By End-Use Industry
  10. Malaysia Corrugated Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Printing Techniques
      3. By End-Use Industry
  11. Australia Corrugated Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Printing Techniques
      3. By End-Use Industry
  12. Indonesia Corrugated Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Printing Techniques
      3. By End-Use Industry
  13. Vietnam Corrugated Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Printing Techniques
      3. By End-Use Industry
  14. Philippines Corrugated Packaging Market
    1. Market Size & Forecast by Value, 2019–2029
      1. By Value (USD Billion)
    2. Market Share & Forecast
      1. By Type
      2. By Printing Techniques
      3. By End-Use Industry
  15. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Asia-Pacific Corrugated Packaging Company Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  16. Impact of Covid-19 on Asia-Pacific Corrugated Packaging Market
  17. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
    1. International Paper
    2. Klingele Papierwerke Gmbh & Co. Kg
    3. Klabin S.A.
    4. Westrock Company
    5. Rengo Co., Ltd.
    6. Mondi Group
    7. SCG Packaging PCL
    8. Continental Packaging
    9. Toppan Printing Co. Ltd
    10. Lee & Man paper Manufacturing Limited
    11. Oji Holdings
    12. Nine Dragons Paper (Holdings) Limited
    13. Other Prominent Players
  18. Key Strategic Recommendations
  19. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation

 

*Financial information in case of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

 

 

List of Figures

 

Figure 1    Asia-Pacific Corrugated Packaging Market Segmentation

Figure 2    Asia-Pacific Corrugated Packaging Market Value Chain Analysis

Figure 3    Company Market Share Analysis, 2022

Figure 4    Asia-Pacific Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 5    Asia-Pacific Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 6    Asia-Pacific Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 7    Asia-Pacific Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 8    Asia-Pacific Corrugated Packaging Market Share, By Country, By Value, 2019–2029

Figure 9    China Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 10  China Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 11  China Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 12  China Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 13  India Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 14  India Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 15  India Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 16  India Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 17  Japan Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 18  Japan Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 19  Japan Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 20  Japan Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 21  South Korea Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 22  South Korea Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 23  South Korea Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 24  South Korea Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 25  Australia & New Zealand Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 26  Australia & New Zealand Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 27  Australia & New Zealand Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 28  Australia & New Zealand Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 29  Indonesia Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 30  Indonesia Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 31  Indonesia Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 32  Indonesia Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 33  Malaysia Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 34  Malaysia Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 35  Malaysia Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 36  Malaysia Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 37  Singapore Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 38  Singapore Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 39  Singapore Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 40  Singapore Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 41  Philippines Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 42  Philippines Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 43  Philippines Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 44  Philippines Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 45  Vietnam Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 46  Vietnam Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 47  Vietnam Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 48  Vietnam Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

Figure 49  Rest of Asia-Pacific Corrugated Packaging Market Size, By Value (USD Billion), 2019–2029

Figure 50  Rest of Asia-Pacific Corrugated Packaging Market Share, By Type, By Value, 2019–2029

Figure 51  Rest of Asia-Pacific Corrugated Packaging Market Share, By Printing Techniques, By Value, 2019–2029

Figure 52  Rest of Asia-Pacific Corrugated Packaging Market Share, By End-Use Industry, By Value, 2019–2029

List of Tables

Table 1       Asia-Pacific Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 2       Asia-Pacific Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 3       Asia-Pacific Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 4       Asia-Pacific Corrugated Packaging Market Size, By Country, By Value, 2019–2029

Table 5       China Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 6       China Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 7       China Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 8       India Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 9       India Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 10     India Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 11     Japan Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 12     Japan Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 13     Japan Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 14     South Korea Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 15     South Korea Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 16     South Korea Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 17     Australia & New Zealand Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 18     Australia & New Zealand Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 19     Australia & New Zealand Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 20     Indonesia Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 21     Indonesia Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 22     Indonesia Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 23     Malaysia Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 24     Malaysia Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 25     Malaysia Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 26     Singapore Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 27     Singapore Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 28     Singapore Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 29     Philippines Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 30     Philippines Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 31     Philippines Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 32     Vietnam Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 33     Vietnam Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 34     Vietnam Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 35     Rest of Asia-Pacific Corrugated Packaging Market Size, By Type, By Value, 2019–2029

Table 36     Rest of Asia-Pacific Corrugated Packaging Market Size, By Printing Techniques, By Value, 2019–2029

Table 37     Rest of Asia-Pacific Corrugated Packaging Market Size, By End-Use Industry, By Value, 2019–2029

Table 38     International Paper Company Overview

Table 39     International Paper Financial Overview

Table 40     Klingele Papierwerke Gmbh & Co. Kg Company Overview

Table 41     Klingele Papierwerke Gmbh & Co. Kg Financial Overview

Table 42     Klabin S.A. Company Overview

Table 43     Klabin S.A. Financial Overview

Table 44     Westrock Company Overview

Table 45     Westrock Company Financial Overview

Table 46     Rengo Co., Ltd. Company Overview

Table 47     Rengo Co., Ltd. Financial Overview

Table 48     Mondi Group Company Overview

Table 49     Mondi Group Financial Overview

Table 50     SCG Packaging PCL Company Overview

Table 51     SCG Packaging PCL Financial Overview

Table 52     Continental Packaging Company Overview

Table 53     Continental Packaging Financial Overview

Table 54     Toppan Printing Co. Ltd Company Overview

Table 55     Toppan Printing Co. Ltd Financial Overview

Table 56     Lee & Man paper Manufacturing Limited Company Overview

Table 57     Lee & Man paper Manufacturing Limited Financial Overview

Table 58     Oji Holdings Company Overview

Table 59     Oji Holdings Financial Overview

Table 60     Nine Dragons Paper (Holdings) Limited Company Overview

Table 61     Nine Dragons Paper (Holdings) Limited Financial Overview

 

Market Segmentation

By Type

  • Corrugated Box

  1. Single-phase corrugated box

  2. Single wall corrugated box

  3. Double-wall corrugated box

  4. Triple wall corrugated box

  • Folding boxboard

By Printing Techniques

  • Lithography

  • Flexography

  • Digital Printing

  • Others

By End-Use Industry

  • Food & Beverages

  • Personal Care & Home Care

  • Medical

  • Home Appliances & Electronics

  • Agriculture

  • Industrial

  1. Chemical & Plastics

  2. Paper & Carton

  3. Others

  • Others

By Country

  • China

  • Japan

  • India

  • South Korea

  • Singapore

  • Malaysia

  • Australia

  • Indonesia

  • Vietnam

  • Philippines

  • Rest of Asia Pacific

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Frequently Asked Questions (FAQs):

Ans: India is expected to grow at the fastest rate in Asia-Pacific Corrugated Packaging Market during the forecast period.
Ans: Asia-Pacific Corrugated Packaging Market is expected to grow at a CAGR of 8.5% during the forecast period between 2023 and 2029.
Ans: Major factors driving the growth of Asia-Pacific Corrugated Packaging Market include rising use of small and medium-sized corrugated box in the food and beverage packaging industry and expanding e-commerce and courier services for product delivery.
Ans: Key players in Asia-Pacific corrugated Packaging Market include International Paper, Klingele Papierwerke Gmbh & Co. Kg, Klabin S.A., Westrock Company, Rengo Co., Ltd., Mondi Group, SCG Packaging PCL, Continental Packaging, Toppan Printing Co. Ltd, Lee & Man paper Manufacturing Limited, Oji Holdings, and Nine Dragons Paper (Holdings) Limited.
Ans: The corrugated box segment held the highest market share in Asia-Pacific Corrugated Packaging Market by type.