According to a market report by Lucintel, the future of the global corrugated plastic board market looks promising with opportunities in the graphic arts and signage, packaging and storage, agriculture, automotive, and building & construction applications. The global corrugated plastic board market is expected to reach an estimated $3.9 billion by 2030 from $2.9 billion in 2023, at a CAGR of 5% from 2024 to 2030. The major drivers for this market are escalating preference for sustainable and eco friendly packaging solutions, rising e-commerce sector, and broadening use of corrugated plastic boards in advertising and signage.
A more than 150-page report to understand trends, opportunity and forecast in corrugated plastic board market to 2030 by type (polypropylene type, polyethylene type, and others), application (graphic arts and signage, packaging and storage, agriculture, automotive, building & construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that polypropylene type is expected to witness the higher growth over the forecast period due to its widespread usage in many different applications, such as consumer product packaging and plastic parts for different industries.
Within this market, building and construction is expected to witness the higher growth due to substantial usage of corrugated plastic board in this sector given to their lightweight, durable, and versatile nature.
North America will remain the largest region over the forecast period.
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Coroplast, Northern Ireland Plastics, SIMONA, Primex Plastics, Sangeeta, Karton, Tah Hsin Industrial, Distriplast, DS Smith, Zibo Kelida Plastic are the major suppliers in the corrugated plastic board market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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