Global demand growth of corrugated cardboard in 2023

Global demand growth of corrugated cardboard in 2023

Corrugated paperboard is often used for packaging to protect products and facilitate transportation. In addition, the development of small corrugated high-quality printed paperboard will promote corrugated paperboard to break through the traditional application in folding carton, which is particularly evident in developed countries. The report points out that the retail industry will increasingly use corrugated cardboard packaging products as a selling point to attract consumers, which will also drive the demand for high value-added corrugated boxes. However, in some developed countries such as the United States, Western Europe and Japan, corrugated boxes have become a common commodity in the market, and the growth of their demand will have to be limited by the maturity of their industrialization. www.chinacartonmachine.com

The demand for corrugated paperboard in developing countries grew relatively fast, although the growth rate slowed down during 2013-2022. Asia/Pacific, Eastern Europe and Africa/Middle East will all exceed the global average growth rate. Corrugated paperboard also faces competition against reusable plastic transport boxes and other types of plastic packaging.

Nevertheless, corrugated cardboard has the characteristics of environmental friendliness and the cost advantage compared with plastic. Especially, old corrugated cardboard can be recycled and plastic products should also consider the costs of packaging cleaning and recycling.