Home / All Categories / Chemicals & Materials / Other / Global Corrugated Plastic Cardboard Market Analysis 2018-2029, by Manufacturers, Regions, Countries, Types, Applications and Forecast
Global Corrugated Plastic Cardboard Market Analysis 2018-2029, by Manufacturers, Regions, Countries, Types, Applications and Forecast
Global Corrugated Plastic Cardboard Market Analysis 2018-2029, by Manufacturers, Regions, Countries, Types, Applications and Forecast

Pages: 137       Published Date: Aug 03 2023       Category: Other       Report ID: HJR340360
This report studies the Corrugated Plastic Cardboard market status and outlook of global and major regions, from angles of players, countries, product types and end industries, this report analyzes the top players in global Corrugated Plastic Cardboard industry, and splits by product type and applications/end industries. This report also includes the impact of COVID-19 on the Corrugated Plastic Cardboard industry.

The Corrugated Plastic Cardboard industry has witnessed significant growth in recent years, with a projected market size of US$2436 million by 2022 and a compound annual growth rate of 6.29%. Corrugated Plastic Cardboard refers to a versatile material that is widely used in various sectors due to its exceptional durability and lightweight nature.

One of the key applications of Corrugated Plastic Cardboard is in the Graphic Arts and Signage industry. The material is highly sought after for creating eye-catching displays, indoor and outdoor signage, and promotional materials. Its ability to withstand harsh weather conditions and maintain its structural integrity makes it an ideal choice for advertising and branding purposes.

Packaging and Storage is another important sector where Corrugated Plastic Cardboard finds extensive use. The material offers excellent protection for goods during transit and storage, ensuring their safety and integrity. Its versatility allows it to be used for various packaging needs, including boxes, crates, totes, and dividers. With an increasing demand for sustainable packaging solutions, the use of Corrugated Plastic Cardboard is expected to grow even further.

The Agriculture sector also benefits greatly from Corrugated Plastic Cardboard. The material is commonly used for creating greenhouse panels, planting trays, and nursery containers. Its lightweight properties make it easy to handle and transport while its durability allows for long-lasting applications in the farming industry. With the ongoing need to improve agricultural practices and increase crop yields, Corrugated Plastic Cardboard is anticipated to witness increased adoption.

The Automotive industry is another significant end-user of Corrugated Plastic Cardboard. In this sector, the material is used for manufacturing automotive components, including interior trim, panels, and protective covers. Corrugated Plastic Cardboard's ability to withstand high temperatures, resistance to chemicals, and durability make it well-suited for automotive applications. With the continuous advancements in the automotive industry and the shift towards lightweight materials, the demand for Corrugated Plastic Cardboard is poised to rise.

The Building and Construction sector also relies on Corrugated Plastic Cardboard for various purposes. From temporary protective barriers, safety signage, to roofing applications, the material offers numerous advantages. It is cost-effective, easy to install, and resistant to weather conditions, making it a preferred choice for construction projects. The growing focus on sustainable and eco-friendly construction practices further boosts the demand for Corrugated Plastic Cardboard in this sector.

Apart from the aforementioned industries, Corrugated Plastic Cardboard also finds applications in diverse sectors such as electronics, healthcare, and retail. Its versatility, durability, and cost-effectiveness have contributed to its widespread use across various industries worldwide.

Leading global manufacturers dominate the Corrugated Plastic Cardboard market. These include Coroplast (Inteplast Group), Primex Plastics, Karton, SIMONA, DS Smith, Distriplast, Sangeeta Group, Northern Ireland Plastics, Zibo Kelida Plastic, Tah Hsin Industrial, Twinplast, Plastflute, Creabuild, and Corex Plastics. These manufacturers contribute significantly to the industry's growth by continually innovating and enhancing their product portfolios.

In conclusion, the Corrugated Plastic Cardboard industry is experiencing steady growth, fueled by its versatile nature and widespread use across multiple sectors. With a projected market size of US$2436 million by 2022 and a compound annual growth rate of 6.29%, Corrugated Plastic Cardboard is expected to continue gaining prominence in the global market. Its applications in Graphic Arts and Signage, Packaging and Storage, Agriculture, Automotive, Building and Construction, and other industries make it an indispensable material for modern-day business operations.

The SWOT analysis of the Corrugated Plastic Cardboard industry is as follows:

Strengths:
1. Durability: Corrugated plastic cardboard is known for its high durability and resistance to damage. It can withstand harsh weather conditions, heavy weights, and rough handling, making it ideal for packaging and transportation purposes.
2. Versatility: Corrugated plastic cardboard can be easily molded and customized into various shapes and sizes, allowing for flexible use in different industries and applications.
3. Lightweight: Compared to traditional cardboard, corrugated plastic cardboard is lightweight, which reduces transportation costs and increases efficiency.
4. Recyclability: Corrugated plastic cardboard is often made from recycled materials, making it an environmentally friendly alternative to traditional cardboard.
5. Cost-effective: Because of its durability and long lifespan, corrugated plastic cardboard offers a cost-effective solution for packaging and storage needs.

Weaknesses:
1. Limited aesthetic appeal: Corrugated plastic cardboard lacks the appealing visual appearance of other packaging materials like paper or cardboard, which may discourage some customers looking for more attractive packaging options.
2. Limited heat resistance: While corrugated plastic cardboard is resistant to water and moisture, it may not perform well under extreme temperatures and may deform or lose its structural integrity.
3. Limited consumer awareness: Compared to traditional cardboard, corrugated plastic cardboard is still relatively unknown to the general public, which may limit its market potential and demand.
4. Limited availability: Corrugated plastic cardboard may not be readily available in all regions, making it less accessible for businesses and manufacturers.

Opportunities:
1. Growing e-commerce industry: With the rise of online shopping, there is an increasing demand for durable and protective packaging materials like corrugated plastic cardboard, presenting an opportunity for growth in the industry.
2. Sustainable packaging solutions: As more companies prioritize sustainability, corrugated plastic cardboard offers a viable alternative to traditional cardboard, as it is recyclable and made from recycled materials.
3. Increasing regulations on single-use plastics: With the growing concern over plastic waste, there is a potential for corrugated plastic cardboard to replace single-use plastics in packaging, providing an eco-friendly alternative.
4. Customization and branding: Corrugated plastic cardboard can be easily printed on and customized, allowing companies to use it as a tool for branding and marketing.

Threats:
1. Competition from alternative packaging materials: Corrugated plastic cardboard faces competition from other packaging materials like paper, cardboard, and various types of plastics, which may limit its market share.
2. Fluctuating raw material costs: The price of raw materials used in the production of corrugated plastic cardboard, such as petroleum-based products, can be volatile, which may impact the profitability of the industry.
3. Inadequate infrastructure: Some regions may lack the necessary infrastructure for recycling corrugated plastic cardboard, limiting its widespread adoption.
4. Regulatory challenges: Changing regulations on plastic use and waste may impose new restrictions on the manufacturing and use of corrugated plastic cardboard.

Key players in global Corrugated Plastic Cardboard market include:
Coroplast (Inteplast Group) (Vanceburg, KY, USA)
Primex Plastics (USA)
Karton (Italy)
SIMONA (Kirn, Germany)
DS Smith (UK)
Distriplast (Dunkirk, France)
Sangeeta Group (India)
Northern Ireland Plastics (UK)
Zibo Kelida Plastic (Shandong, China)
Tah Hsin Industrial (Taichung, Taiwan)
Twinplast (UK)
Plastflute (Malaysia)
Creabuild (Dubai)
Corex Plastics (Australia)

Market segmentation, by product types:
Polypropylene Type
Polyethylene Type
Others

Market segmentation, by applications:
Graphic Arts and Signage
Packaging and Storage
Agriculture
Automotive
Building and Construction
Others

Purchase this Market Research Report

Single User License $3,200.00
Multi User License $5,800.00
Enterprise User License $5,800.00
Add to Cart Buy Now
goods_purchanse_ico goods_purchanse_ico goods_purchanse_ico goods_purchanse_ico goods_purchanse_ico