DUBLIN, July 13, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/sx6hmn/corrugated_box) has announced the addition of the "Corrugated Box Market in the US 2015-2019" report to their offering.
The Corrugated Box market in the US to grow at a CAGR of 2.89% over the period 2014-2019
Corrugated boxes are paper-based container boxes used in the packaging various durable and non-durable goods. These boxes are flexible, durable, and lightweight, and they are used as a cost-effective form of packaging. They are primarily used for packaging consumer and industrial goods. Apart from being used as shipping containers, these boxes are also used as shelf-ready packaging boxes by retailers in their stores. Currently, corrugated boxes play a key role in packaging and distribution SCM by ensuring safe transportation of goods, and also in the marketing of products.
This report covers the present scenario and the growth prospects of the Corrugated Box market in the US for the period 2015-2019. To calculate the market size, this report covers revenue generated by corrugated box vendors from the manufacture and sale of corrugated boxes.
One of the major trends of this market is the adoption of innovations in the manufacture of corrugated boxes. Vendors are investing heavily in R&D to create innovations in corrugated box packaging. New paper processing technology and skilled manpower is used to manufacture corrugated boxes.
According to the report, one of the main factors affecting the market positively is the increase in amount of processed food consumed worldwide. Most processed food products are packaged in small, lightweight corrugated boxes for parcels and deliveries as they are non-reactive and cheap. Corrugated box packaging even aids companies in marketing and advertising campaigns by allowing the packaging to be innovative and attractive.
Further, the report states that one of the main challenges in the market is the growing competition from other forms of packaging. Items such as wood and plastics are gaining popularity among both manufacturers and customers because of the variety of options provided by them. Manufacturing industries in particular prefer wood pallets.
The segmentation of the Corrugated Box market in the US by applications is as follows:
- Food Products and Beverage Packaging
- Electrical Goods Packaging
- Personal and Household Care Goods Packaging
- Glassware and Ceramics Packaging
- Paper Products Packaging
- Chemicals Packaging
- Textile Goods Packaging
- Other Non-durable Goods Packaging
- International Paper
- Packaging Corporation of America
Other Prominent Vendors
- American Corrugated
- Bates Container
- Buckeye Corrugated
- KapStone Paper & Packaging
- Pratt Industries
- Riverside Paper
- Shillington Box Company
- Smurfit Kappa
- Sonoco Products Company
- U.S. Corrugated
For more information visit http://www.researchandmarkets.com/research/sx6hmn/corrugated_box
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SOURCE Research and Markets