The global corrugated carton market size was valued at USD 158.76billion in 2022 and is projected to grow from USD 164.93 billion in 2023 to USD
218.39 billion by 2030, exhibiting a CAGR of 4.09% during the forecast period.
Corrugated cartons are manufactured by integrating two to threelayers of liners that create a robust structure. These cartons help to
transport goods safely. The increasing demand for renewable and sustainable
packaging has raised the corrugated-carton packages demand, as they are made
from a high percentage of recycled paper.
FortuneBusiness Insights™ mentionedthis in a report titled, “CorrugatedCarton Market, 2023-2030.”
COVID-19Impact
IncreasedGrowth in the Pharmaceutical Industry During COVID-19 Pandemic Augmented Market
Growth
Thecorrugated cartons market witnessed a boost during the COVID-19 pandemic. The
growth was attributed to the increased demand for pharmaceutical and healthcare
products. Post-pandemic, the market is expected to witness significant growth
due to the rising number of clinical trials.
Segments:
GrowingPreference by Online Businesses to Augment Single Wall Segment Growth
Based onwall type, the market is segmented into single wall, double wall, and triple
wall. The single wall segment holds the largest market share due to the rising
preference for single wall cartons by several online businesses.
