Bharat Book

World Corrugated Boxes Market Prospects

Press Release   •   Aug 13, 2013 10:01 IST

August 13,2013 : Bharat Book Bureau presents the new report, on 'World Corrugated Boxes to 2017' World demand for corrugated boxes will rise 4.0 percent per year to 226 billion square meters in 2017. Advances will represent a notable acceleration from the 2007-2012 period, in which most developed world markets in North America and Western Europe experienced sluggish increases -- or even declines -- in corrugated box demand. Going forward, gains will be driven by an improved economic outlook as these regions continue to recover from the global economic downturn.
 
 As economies strengthen, demand for manufactured goods will increase as a matter of course, stimulating sales of related packaging like corrugated boxes. The continued expansion of the electronic shopping market will drive heightened requirements for corrugated boxes used in the fulfillment of such sales. Advances will also be fueled by the expanded food, beverage and durable goods output, while rising construction spending will stimulate demand for goods and materials (and their related boxes) used in construction applications.
 
 Opportunities are also anticipated for retail-ready, or shelf-ready, corrugated box packaging, which is increasingly demanded by retailers as a means of controlling labor costs. Retail-ready corrugated boxes are designed to enable products to be placed on store shelves with minimal preparation. Such boxes tend to incorporate clean tearing features that allow the boxes to be converted from shipping containers into display trays without the use of box knives.
 
 Asia/Pacific market to remain largest, fastest growing
 The Asia/Pacific region will remain the largest and fastest-growing outlet for corrugated boxes through 2017. Gains will continue to be driven by the large market in China; although slowing from the double digit growth seen during the 2002-2012 period, the country will post strong gains going forward. Corrugated box demand in the region will also benefit from healthy gains in countries such as India and Vietnam, although subpar increases in the Japanese market will temper this to some extent. Above average growth is also forecast for Central and South America and in Africa/Mideast regions, areas in which corrugated demand per capita is below the world average. Although North America and Western Europe will post below average gains, corrugated box demand in these markets will rebound from 2007- 2012 declines.
 
 For more information kindly visit : http://www.bharatbook.com/packaging-market-research-reports/world-corrugated-boxes-to-2017.html      
 
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