Global Corrugated Box Demand to Rise 3.4% Annually through to 2013

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2009-04-14 15:52:08 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report analysing world corrugated boxes.

The report “World Corrugated Boxes to 2013: Industry forecasts for 2013 & 2018”, available at www.reportbuyer.com/go/FED00268 reports that the world demand for corrugated boxes is forecast to increase 3.4% per year to 213 billion square meters in 2013, in line with real (inflation-adjusted) gains in GDP.

The 313 page report shows that factors contributing to rising box demand will include growth in industrial activities, particularly the manufacturing sector, which often requires corrugated packaging to protect and transport goods.

Furthermore,ongoing developments in small flute and high-quality graphic board will allow corrugated boxes to penetrate traditional folding carton applications, especially in the developed world. Greater interest in corrugated packaging as a point-of-sale display in retail applications will also boost demand for value-added corrugated boxes.

However, authors of the report note that gains will be limited by the mature state of the corrugated box industry in developed areas such as the US, Western Europe and Japan, where boxes are essentially commodity items used in well-established markets.

They further note that corrugated boxes also face competition from reusable plastic shipping crates and other types of plastic packaging. Nonetheless, corrugated boxes will benefit from their environmentally friendly image, as well as certain cost advantages compared to plastics crates - especially considering that old corrugated boxes can often be sold to recycling companies, whereas the usage of plastic crates typically involves cleaning and returning costs.

The report “World Corrugated Boxes to 2013: Industry forecasts for 2013 & 2018” is available from Report Buyer at:
www.reportbuyer.com/industry_manufacturing/packaging/world_corru ..

Report Buyer product ID: FED00268

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