Double Wall Corrugated Boxes Market Size, Share, and Industry Analysis By Capacity (0- 25 kg, 25 - 50 kg, and Above 50 kg), By End-use Industry (Food & Beverages, Healthcare, Consumer Goods, E-commerce, Electrical & Electronics, Shipping & Logistics, and Others), and Regional Forecast, 2024-2032

Double wall corrugated boxes are the type of corrugated boxes used in the shipping and transporting of heavier and fragile items. Manufacturers are increasingly adopting double wall corrugated boxes for product packaging as they offer better customer outcomes, specifically for secondary and tertiary packaging. The rising demand from food & beverage industries for packaging processed foods, such as meat products, bread, and other perishable food items, fosters market growth. Moreover, the mounting urban population along with the developing e-commerce sector, continuous product innovations, and improving consumer awareness regarding eco-friendly packaging are also thriving the market growth.

• For instance, on July 2022, one of the leading U.S.-based packaging and merchandising companies, Menasha Packaging, announced the acquisition of the corrugated packaging company Color-Box. The acquisition would expand Menasha Packaging’s global footprint and offer additional packaging solutions such as containerboard, corrugated boxes & sheets, recyclable mailers for the e-commerce sector, and high-graphic packaging solutions to its customers.

The demand for convenience, processed, and ready-to-eat foods is rapidly growing, which in turn aids the need for efficient packaging solutions. Manufacturers from the food & beverage industry are henceforth opting for double wall corrugated boxes that can keep moisture away from food items and can withstand shipping times for a prolonged time. The demand for double wall corrugated boxes from tech products such as consumer electronics, electrical devices, and others to keep the product intact is rising. The products are prone to damage if the packaging is not cushioned or sturdy. Therefore, the growing demand for double wall corrugated boxes from the electrical & electronics and food & beverage industries is driving the market growth.

Despite the benefits the double wall corrugated boxes offer, several factors limit the market growth. Such boxes hold less endurance to mechanical stress, making them unsuitable for very high-weighted goods or products. Moreover, the growing demand for flexible packaging products hinders market growth. In addition, fluctuating raw material prices, such as pulp prices, are also projected to impede the growth of the double wall corrugated boxes market.

The outbreak of the COVID-19 virus inhibited the development of many end-use industries. The growing e-commerce, healthcare, pharmaceutical, and food & beverage industries during the pandemic caused a massive growth in the demand for double wall corrugated boxes. Delicate medical devices, pharmaceutical drugs, and fragile items required proper packaging, which further aided the market growth and will continue experiencing huge demand in the post-pandemic era.

KEY INSIGHTS

The report covers the following key insights:

• Recent Advancements in the Double Wall Corrugated Boxes Market


• Key Industry Trends


• Regulatory Landscape for the Double Wall Corrugated Boxes Market


• Key Industry Developments (Mergers, Acquisitions, and Partnerships)


• Impact of COVID-19 on the Market

SEGMENTATION

ANALYSIS BY CAPACITY

Based on capacity, the market is segmented into 0- 25 kg, 25 - 50 kg, and above 50 kg. The 25- 50 kg capacity double wall corrugated boxes are gaining traction across the globe. They are also studied to foresee remarkable growth over the projected period owing to the high demand from shipping & logistics and food & beverage industries. Such boxes provide extra security and structural durability during storage, shipping, or transit, due to which several industries demand those boxes. They can also be reused easily and provide more protection when stacked, further enhancing the segment growth.

ANALYSIS BY END-USE INDUSTRY

Based on end-use industry, the market is segmented into food & beverages, healthcare, consumer goods, e-commerce, electrical & electronics, shipping & logistics, and others. The e-commerce holds the largest share of the global double wall corrugated boxes market. The boxes are the backbone of the e-commerce sector. Several marketing companies and brand owners continuously offer perfect corrugated boxes to enhance customer experience and better communicate brand values. The growing e-commerce sector due to online purchasing trends is also boosting segmental growth.

REGIONAL ANALYSIS

The double wall corrugated boxes market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is the leading region in the global double wall corrugated box market. The growing retail and e-commerce sector in the U.S. and Canada is the major factor bolstering the growth of the double wall corrugated boxes market in the North American region. The growth in shipping and transport sectors in North America also contributes to the demand for corrugated boxes.

Asia Pacific is the fastest-growing region and is expected to witness the highest growth rate over the forecast period. Several end-use industries such as pharmaceutical, healthcare, food & beverages, and electronics highly favor the demand for double wall corrugated boxes in the region. The flourishing food industry and the growing technology-driven population in European countries are boosting the demand for sustainable and innovative packaging solutions, further driving market growth. The Middle East & Africa double wall corrugated boxes market will foresee noteworthy growth due to the growing healthcare infrastructures and industries. Latin America is analyzed to experience steady growth owing to the growth of the retail sector in Brazil.

KEY PLAYERS COVERED

The report includes the profiles of key players such as Mondi Group, International Paper Company, DS Smith Plc, Georgia-Pacific LLC, Smurfit Kappa, Rengo Co. Ltd., Cascades Inc., Packaging Corporation of America, and Berlin Packaging.

KEY INDUSTRY DEVELOPMENTS

• In November 2023, Macfarlane Packaging relaunched its standard range of single and double-walled 'storage boxes' in its most durable offering to date. Its double-walled boxes are made from 100% recycled material.


• In April 2022, a leading U.K.-based sustainable packaging manufacturer, DS Smith, introduced an innovative corrugated cardboard box specifically for the e-commerce shipments of medical devices. With the launch, the company aims to provide sustainable packaging to enhance environmental protection across the complete supply chain.


• In February 2022, WestRock Company announced strategic plans to construct a new corrugated box plant in Longview, Washington. Building a new corrugated box plant is a major goal of the company to fulfill the rising demand from WestRock’s regional customers, especially in the Pacific Northwest.