Asia/Pacific Market is the largest and fastest-growing outlet for corrugated boxes through 2017.
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Dallas, Texas (PRWEB) August 02, 2013
World demand for corrugated boxes will rise 4.0 percent per year to 226 billion square meters in 2017. Advances will represent a notable acceleration from the 2007-2012 period, in which most developed world markets in North America and Western Europe experienced sluggish increases -- or even declines -- in corrugated box demand. Going forward, gains will be driven by an improved economic outlook as these regions continue to recover from the global economic downturn.
As economies strengthen, demand for manufactured goods will increase as a matter of course, stimulating sales of related packaging like corrugated boxes (http://www.reportsnreports.com/reports/267003-world-corrugated-boxes-to-2017.html). The continued expansion of the electronic shopping market will drive heightened requirements for corrugated boxes used in the fulfillment of such sales. Advances will also be fueled by the expanded food, beverage and durable goods output, while rising construction spending will stimulate demand for goods and materials (and their related boxes) used in construction applications.
Opportunities are also anticipated for retail-ready, or shelf-ready, corrugated box packaging, which is increasingly demanded by retailers as a means of controlling labor costs. Retail-ready corrugated boxes are designed to enable products to be placed on store shelves with minimal preparation. Such boxes tend to incorporate clean tearing features that allow the boxes to be converted from shipping containers into display trays without the use of box knives.
Asia/Pacific Market to Remain Largest, Fastest Growing
The Asia/Pacific region will remain the largest and fastest-growing outlet for corrugated boxes through 2017. Gains will continue to be driven by the large market in China; although slowing from the double digit growth seen during the 2002-2012 period, the country will post strong gains going forward. Corrugated box demand in the region will also benefit from healthy gains in countries such as India and Vietnam, although subpar increases in the Japanese market will temper this to some extent. Aboveaverage growth is also forecast for Central and South America and in Africa/ Mideast regions, areas in which corrugated demand per capita is below the world average. Although North America and Western Europe will post below average gains, corrugated box demand in these markets will rebound from 2007- 2012 declines.
Demand for containerboard, the primary raw material for corrugated boxes, will also accelerate from the slow growth of the 2007-2012 period. However, volume growth will be restrained by the heightened use of lighter weight, high performance containerboard in light of sustainability and cost control efforts. North America and Western Europe will also see demand improve from the declines of the 2007-2012 period, with both regions continuing to be net exporters of containerboard. The Asia/Pacific region will remain the leading market for containerboard with strong growth in demand anticipated for China, India, Indonesia, and Vietnam. However, although containerboard production is expected to outpace demand, the region will remain a net importer of containerboard. In both the Africa/Mideast and Central and South America regions, containerboard production will expand faster than demand, although both markets will remain net importers. Containerboard demand in Eastern Europe is expected to expand at an average pace.
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1. DS Smith
2. Alliabox International
3. Amcor Limited
4. Bio-PAPPEL SAB de CV
5. Stora Enso
6. Carter Holt Harvey Limited
7. Cascades Incorporated
8. Nine Dragons Paper
9. San Miguel
10. Duropack GmbH
11. Emin Leydier SA
12. Europac Group
14. Greenpac Mill
16. Induspac Incorporated
17. International Paper Company
18. Packaging Corporation
19. Klabin SA
20. Koch Industries Incorporated
21. Lee & Man Paper Manufacturing Limited
22. MeadWestvaco Corporation
23. Metsä Group
25. Mondi Group
27. Nampak Limited
28. Nine Dragons Paper Holdings Limited
29. Oji Holdings Corporation
30. Smurfit Kappa
31. Visy Pty Limited
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