Market size in 2024 | US$ 1.67 billion |
Forecast Market size by 2030 | US$ 2.34 billion |
---|---|---|---|
Growth Rate | CAGR of 5.8% | Number of Pages | 205 Pages |
The Asia Pacific PP Corrugated Board market size was valued at US$ 1.67 billion in 2024 and is projected to reach US$ 2.34 billion by 2030, at a CAGR of 5.8% during the forecast period 2024-2030.
PP (Polypropylene) corrugated board is a lightweight, durable, and water-resistant packaging material used in various industries for protective packaging, signage, and reusable containers.
The Asia Pacific PP corrugated board market is experiencing robust growth, driven by the e-commerce boom and demand for sustainable packaging solutions. China accounts for 40% of the market, followed by Japan at 25% and South Korea at 15%. In 2023, the packaging industry consumed 70% of total production, with automotive at 15% and agriculture at 10%. The market experienced a 12% growth in demand from the electronics sector for ESD-safe packaging. Key players include Coroplast (Germany) and DS Smith Plc (UK), holding a combined 35% market share in the region. The industry is investing in recycling technologies, with a 15% increase in R&D spending on closed-loop PP board recycling systems in 2023. Challenges include competition from traditional corrugated cardboard and fluctuating polymer prices, leading to an 8% focus on material efficiency improvements. The trend towards reusable packaging has driven a 20% increase in PP board use for returnable transit packaging. The market is benefiting from the growth of cold chain logistics, with a 25% rise in PP board demand for temperature-sensitive product packaging in countries like India and Thailand.
Report Includes
This report is an essential reference for who looks for detailed information on Asia Pacific PP Corrugated Board . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of PP Corrugated Board , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.
This report aims to provide a comprehensive presentation of the Asia Pacific PP Corrugated Board , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding PP Corrugated Board . This report contains market size and forecasts of PP Corrugated Board in Asia Pacific, including the following market information:
We surveyed the PP Corrugated Board manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
• China
• India
• Japan
• South Korea
• Australia
• Thailand
• Indonesia
• Thickness Below 4 mm
• Thickness 6
Report Attributes | Report Details |
---|---|
Report Title | Asia Pacific PP Corrugated Board Market Research Report 2024-2030 |
Market size in 2024 | US$ 1.67 billion |
Forecast Market size by 2030 | US$ 2.34 billion |
Growth Rate | CAGR of 5.8% |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 205 Pages |
Customization Available | Yes, the report can be customized as per your need. |
1.1 Product Overview and Scope of PP Corrugated Board
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Thickness Below 4 mm
1.2.3 Thickness 6
Frequently Asked Questions ?