Top 5 Corrugated Boxes Companies in the World

08 Apr.,2024

 

The corrugated boxes market reached a value of US$ 198.8 Billion in 2022. As per the analysis by IMARC Group, the leading companies in the corrugated boxes industry are facing a massive demand for convenient packaging from various end-use industries to deliver their goods to their customers in proper conditions. They are also focusing on partnerships and acquisitions to strengthen their product portfolio and increase their production rates. Key manufacturers are installing efficient machinery to fulfill the demand for sustainable packaging in the food and beverage (F&B) industries. They are also introducing corrugated packaging for the e-commerce industry due to the rising online shopping activities of individuals around the world. In addition, key players are investing in increasing the number of packaging plants and hiring efficient staff to maintain the quality of their products. They are emphasizing on producing high-quality graphic boxes, which is helping them expand their geographic footprint and acquire additional graphics, designs, and structural packaging options for their customers. Key players are manufacturing corrugated boxes with greater stacking strength, shock-absorbing capabilities, and strong outer lining for storing and shipping lightweight and fragile products. Apart from this, the increasing utilization of biodegradable and recyclable packaging in the electronics and apparel industry is offering lucrative growth opportunities to key players. Looking forward, the market value is expected to reach US$ 229.92 Billion by 2028, growing at a CAGR of 2.38% during the forecast period (2023-2028).

Learn about opportunities, challenges, and trends in the global Corrugated Boxes market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the Corrugated Boxes Industry:

The global corrugated boxes market has several major players, including International Paper Company, Nine Dragons Paper (Holdings) Limited, WestRock Company, Smurfit Kappa Group, and Lee & Man Paper Manufacturing Ltd. More information about these companies has been provided below.

1. International Paper Company

Establishment:

1898

Headquarters:

Memphis, Tennessee

Website:

https://www.internationalpaper.com/


International Paper Company is a fiber-based product manufacturing company that is transforming renewable resources into various end user products. It creates packaging solutions that secure and promote goods, enable worldwide commerce, and help keep products and consumers safe. It focuses on producing basic renewable materials, such as pulp for diapers, tissues, and various other personal care products, which are biodegradable and recyclable. It specializes in selling bulk, retail, and corrugated packaging, molded fiber, solid fiber, and paper bags. It also provided recycling solutions to solve complex recycling challenges.

2. Nine Dragons Paper (Holdings) Limited

Establishment:

1995

Headquarters:

Guangdong Province

Website:

http://www.ndpaper.com/en/global/home.php


Nine Dragons Paper (Holdings) Limited is the largest paper manufacturing group worldwide in terms of production capacity and specializes in manufacturing a wide variety of environment friendly packaging paper, high-end virgin paper, and products from the upstream and downstream production chain. The company also has a sister group that has built an upstream recycled resources trading company, which is ensuring a stable supply of recycled paper as well as other raw materials. It is engaging in the production and sale of a wide array of quality packaging paperboard products, including linerboard, high-performance corrugating medium, recycled printing and writing paper, specialty paper, high-performance corrugated sheet, and top-quality corrugated box and pulp. It is also well equipped with energy cogeneration, warehouse, and logistics systems to support its production.

3. WestRock Company

Establishment:

1953

Headquarters:

Atlanta, Georgia

Website:

https://www.westrock.com/


WestRock Company specializes in developing sustainable fiber-based packaging solutions with the agenda to make significant progress towards a more circular and sustainable economy. The company team comprises material scientists, packaging designers, mechanical engineers, and manufacturing experts who are utilizing leading science and technology to drive innovation in packaging. It is committed to helping and supporting the health of the planet, its community, and its customers. It produces products that are 100% reusable, compostable, and recyclable.

4. Smurfit Kappa Group

Establishment:

1934

Headquarters:

Dublin, Ireland

Website:

https://www.smurfitkappa.com/ 


Smurfit Kappa Group specializes in producing corrugated packaging and container boards produced with innovative designs and sustainable qualities. The company focuses on creating retail, industrial, and consumer packaging solutions according to the requirements of its consumers. It also produces an innovative packaging product named the Bag-in-box, which is a sustainable packaging choice for many industries, such as wine, juice, liquid eggs, dairy, and non-edible items, such as motor oil and various types of chemicals. Its bag-in-box packaging is made leakproof and is integrated with taps to effortlessly pour the inner contents. The company also combines its packaging automation experience with world-class packaging expertise to offer its customers a completely customizable packaging solution. It manufactures unique packaging materials for the e-commerce industry, which provide exactly the right support to eliminate any risk of product damage in transit and ensure all items arrive in perfect condition every time. The company also provides recycling solutions to ensure the corrugated packaging and paper availed by their customers are recycled responsibly, efficiently, and reliably. Furthermore, it owns vast forest lands globally, and its forest estate management is based on sustainable development principles for promoting economic growth and utilizing natural resources responsibly.

5. Lee & Man Paper Manufacturing Ltd.

Establishment:

1994

Headquarters:

Dongguan, China

Website:

https://www.leemanpaper.com/leeman/index?lang=eng&id=0 


Lee & Man Paper Manufacturing Ltd. has been relentless in creating a vertically integrated operation that covers pulp-making and recovered paper collection by operating with five paper mills, three tissue mills, and one pulp factory. It is dedicated to offer the best quality products at the most reasonable prices and investing in machinery and research and development (R&D) activities to produce innovative and sustainable products. It is continuously implementing appropriate measures to protect the environment and build a viable and sustainable business.

About Author:

Shree Basu

Senior Content Writer at IMARC Services Private Limited 

 Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries.

 

International Paper Company, Nine Dragons Paper Holdings, WestRock Company, and Smurfit Kappa Group, among others are the major players in the global corrugated boxes market.

 

The global corrugated boxes market reached a value of about USD 233.6 billion in 2022. The industry is further expected to grow at a CAGR of about 5.0% in the forecast period of 2023-2028 to reach a value of around USD 305.9 billion by 2028. As per the analysis by Expert Market Research, the market is expected to be driven by the trend of online shopping.

Manufacturers are designing corrugated boxes in many shapes and sizes to make the packaging unique and appealing. It has prompted e-commerce giants like Flipkart and Amazon to make extensive use of them for storage and shipment. These boxes can print photorealistic images, which aids in effective marketing and promotion of products among consumers. Consequently, they are frequently used in shelf-ready packaging (SRP) and retail-ready packaging (RRP). These developments are expected to help the industry grow. Increased R&D activities to upgrade and improve the chemical resistance, dimension stability, and other properties of corrugated boxes are diversifying its applications. Glassware and ceramics, food and beverages, chemicals, paper, textiles, electronics, personal care, and household products all use the product. In the coming years, increased demand for the product in end-use industries is likely to propel market growth.

 

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Recycled corrugates are expected to have the most significant market share in 2020. Their widespread use in the packaging of lightweight products such as consumer electronics, cosmetics, and fast-food items can be credited for the segment's growth. The food and beverage industry has the largest market share based on end-use. It has several advantages, including lightweight, structural rigidity, and a cushioning effect. The Asia Pacific region is expected to be the world's leading market, accounting for most of the global market share.

 

Top 4 Corrugated Boxes Companies in the World:

International Paper Company

Headquarters: Memphis, Tennessee Establishment: 1898 Website: https://www.internationalpaper.com/

 

International Paper is a leading global manufacturer of renewable fibre-based packaging, pulp and paper products with manufacturing operations in Europe, North America, Latin America, North Africa, and Russia. The company produces corrugated packaging products that promote and protect goods and enable worldwide commerce; pulp for diapers, and other personal hygiene products that promote health and wellness; papers that facilitate communication and education. The company employs more than 50,000 employees in about 150 countries.

 

Nine Dragons Paper Holdings

Headquarters: Hong Kong, China Establishment: 1995 Website: https://us.ndpaper.com/

 

Nine Dragons Paper Holdings Limited is a paper manufacturing company in Mainland China, engaging in the manufacturing of containerboard products, including duplex board, liner board, and pulp. The company is the largest paperboard producer in Asia and one of the largest in the world in terms of production capacity. It has nine factories in Vietnam and China. It also owns paper mills in the United States. The company employs more than 15,000 employees and produces about 5.25 million tons of paper products annually.

 

WestRock Company

Headquarters: Atlanta, Georgia Establishment: 2015 Website: https://www.westrock.com/

 

WestRock is a corrugated packaging company based in America. It was established in July 2015 after the merger of RockTenn and MeadWestvaco. WestRock is the second-largest American packaging company. It is one of the world's leading packaging and paper companies with USD 15 billion in annual revenue and over 42,000 employees in 30 countries. The company specialises in sustainable packaging, healthcare packaging, merchandising displays, corrugated boxes, paperboard boxes, and automated packaging systems, among others.

 

Smurfit Kappa Group

Headquarters: Dublin, Ireland Establishment: 2005 Website: https://www.smurfitkappa.com/

 

Smurfit Kappa Group is Europe's leading corrugated packaging company and one of the leading paper-based packaging companies in the world. The company has approximately 46,000 employees in over 350 production sites across 36 countries, with a revenue of USD 8.5 billion in 2020. The company specialises in recycling, integrated production, containerboard, solid board, graphic board, packaging, and forestry operations, among others.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

Top 5 Corrugated Boxes Companies in the World

Expert Market Research Explores the Top 4 Companies in the Global Corrugated Boxes Market