Corrugated Board Cost and Pricing Analysis
In this corrugated board procurement intelligence report, we have estimated the pricing of the key cost components. Kraft Paper, Labor, and corn starch form the largest cost component of this category. Kraft paper holds the majority of the cost. Post Covid-19 pandemic recovery, the disrupted supply chain has surged the energy costs and freight costs globally, which has decreased the demand globally resulting in a 5% decrease in the export from the year 2020. Despite less export, the value increased in terms of supplies to reach USD 3.6 billion surging 16%. This is due to the rise in the average export price by 23% to reach USD 1,882 per tonne. Kraft paper which is the principal material in making corrugated board has seen a surge of 25% in the price during the initial month of 2022. European region exported the cheapest wastepaper material used in the category, and with the ban on export from the region, the prices started jumping off.
Freight cost has a lot of impact in judging the price in the category. Amid the Pandemic recovery, logistics costs reached USD 3600 per 40 feet container, just double the usual cost involved. This resulted in a decline in the import of cheaper raw materials from LCC countries, resulting in higher prices of the category. The pricing also depends upon the type of flute type used such as A, B, C, E, F type, and others. The usual corrugated board-making machine costs around USD 20,000 - 50,000, but 3,5,7 ply costs around USD 70,000 - 80,000. Production made using different categories of machines has an impact on the prices of the category.
Order your copy of the Corrugated Board category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis
Operational Capabilities - Corrugated Board
Industries Served - 22%
Geographic Service Provision - 17%
Certification - 16%
Years in Service - 15%
Employee Strength - 10%
Revenue Generated - 10%
Key Clients - 10%
Functional Capabilities - Corrugated Board
By type:
Single Face - 25%
Single Wall - 25%
Double Wall - 25%
Triple Wall - 25%
Rate Benchmarking
The geographical location, scale, and type of materials used during manufacturing play a vital factor in analyzing the rate benchmarking of the corrugated board category. For example, board services in China are typically cheaper than services in other parts of the world. This is due to the wide availability of Kraft papers in the country and the latest technology used for subsequent packaging has broadened the market reach for them. China exports around USD 158 million of Kraft papers around to South Korea, Vietnam, Australia, and Malaysia. Machines used for production are also cheaper ranging from semi-automatic to fully automatic machines of different ply involved ranging from starting price of USD 20,000 to 80,000. The wide availability of raw materials and cheap labor to run operations has allowed it to lead in the market.
List of Key Suppliers
- DS Smith
- Smurfit Kappa
- WestRock Company
- Mondi
- Packaging Corporation of America
- Stora Enso
- International Paper
- Georgia-Pacific
- Oji Holdings Corporation
- Port Townsend Paper Company
Supplier Newsletter
- In September 2021, Mondi Group expanded its production line in Szczecin, Poland. This expansion plan is to streamline their packaging process for the e-commerce industry and help them in establishing themselves as a leader in the European market for the industry.
- In July 2022, Georgia-based Company WestRock, which is the leading manufacturer of packaging and containerboard products in the U.S., entered into a strategic agreement to acquire Mexico-based Company Grupo Gondi for USD 970 million. This strategic acquisition will help in enhancing its position in the packaging materials market.
- In September 2021, Heinz, a food processing company, entered into a strategic partnership with WestRock Company for developing a replacement for shrink-wrapped multipacks with recyclable paperboard. These are renewable, recyclable, responsibly sourced carbon-neutral paperboard sleeves designed for sustainable packaging solutions.
- In 2022, Westrock Co., the U.S.-based manufacturer of packaging and containerboard acquired a leftover interest in GRUPO Gondi. GRUPO Gondi has multiple businesses throughout Mexico including corrugated plants, graphic plants, and paper mills. After the acquisition, Westrock Co. expanded its operations to Latin American markets.
Browse through Grand View Research’s collection of procurement intelligence studies:
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Corrugated Board Procurement Intelligence Report Scope
- Corrugated Board Category Growth Rate : CAGR of 6.8% from 2023 to 2030
- Pricing Growth Outlook : 20% - 25% (Annually)
- Pricing Models : Cost plus pricing model, and market-based pricing model
- Supplier Selection Scope : Cost and pricing, past engagements, productivity, geographical presence
- Supplier Selection Criteria : By type, operating capability, quality measures, technology, certifications, regulatory compliance, and others
- Report Coverage : Revenue forecast, supplier ranking, supplier positioning matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Our services include (not limited to):
- Market Intelligence involving – market size and forecast, growth factors, and driving trends
- Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
- Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
- Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
5th September, 2018 - The Worldwide Corrugated Container Board Market is expected to witness enormous expansion owing to the fact that packaging industry has seen huge growth over the last few years.
The growth of packaging industry is driven by many factors one of which is increasing demand for packaging solutions by food and beverage industry over the last few years.
The increasing growth in the export of commodity in the developing and developed regions of the world is fuelling the growth of global bulk container packaging industry which in return is expected to fuel the growth of Global Corrugated Container Board industry over the forecast period.
Increasing demand for packaging solutions by the rigid industrial products over the last few years is fuelling the growth of this market over the last few years.
One of the main drivers of global corrugated container board market is growth in e-commerce industry over the last few years which are also fuelling the growth of packaging industry.Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/corrugated-container-board-market/request-sampleThe significant growth in transport packaging is also fuelling the growth of global corrugated containerboard market over the last few years owing to the fact that many companies have find transport packaging as the distinctive and significant opportunity for their solutions.
The increasing realization in developed and developing countries over the last few years is also fuelling the expansion of global corrugated container board market.
Corrugated Board Packaging Market report delivers an overview and Outlook of the market trends, drivers, and barriers with respect to the competitive landscape.
It also provides a detailed overview of the market of different regions globally.
Furthermore, the Corrugated Board Packaging market report contains a primary overview of the Corrugated Board Packaging market covering different product definitions, classifications, and participants in the industry chain structure.Standing at a current market value of USD 278.4 billion in 2020, the corrugated board packaging market is expected to show a rise in the market value of USD 370.9 billion by the year 2028.
Also, the market is expected to exhibit a CAGR of 4.9% for the forecast period of 2021-2028.Under the COVID-19 outbreak analysis, the Corrugated Board Packaging Market study investigates the value chain, provincial government strategy, fare control, import, and future impact on the business.
It further elucidates about venture rivalry with an example, market status, potential hindrances of the market, points of interest and industry improvement patterns, macroeconomic approaches, territorial attributes, and production details.
Corrugated Board Packaging Market analysis includes top to bottom investigation on how the COVID-19 will affect this industry with potential changes.Interpret a Competitive Outlook Analysis with Sample Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-corrugated-board-packaging-marketCorrugated Board PackagingCorrugated Board Packaging Market Country Level AnalysisThe countries covered in the corrugated board packaging market report are U.S., Canada and Mexico in North America, Peru, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Kuwait, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).Key Players: Global Corrugated Board Packaging MarketAriba & Company, Cascades inc., DS Smith, Koch Industries, Inc., International Paper., Klabin S.A., Klingele Papierwerke GmbH & Co. KG, Mondi, Nine Dragons Worldwide (China) Investment Group Co., NIPPON PAPER INDUSTRIES CO., LTD., Oji Holdings Corporation., Orora Packaging Australia Pty Ltd, Packaging Corporation of America, Rengo Co., Ltd., Sealed Air, Smurfit Kappa, Waterman (Box Makers) Ltd., Bharath Paper Conversions., Fine Packaging CompanyMAJOR TOC OF THE REPORTPart One: Corrugated Board Packaging Market OverviewPartTwo: Manufacturers ProfilesPartThree: Global Corrugated Board Packaging Market Competition, by PlayersPartFour: Global Corrugated Board Packaging Market Size by RegionsPartFive: Global Corrugated Board Packaging Market Revenue by CountriesPartSix: Global Corrugated Board Packaging Market Revenue by Product Type (Single Faced, Single Wall, Twin wall and Triple Wall)PartSeven: Global Corrugated Board Packaging Market Revenue by Box Style (Folding Box, Slotted Box, Telescopic Box and Rigid Box)PartEight: Global Corrugated Board Packaging Market Revenue by Application (Food and Beverages, Electronic Goods, Pharmaceuticals, Beauty and Personal Care, Automobile, Health and Hygiene and Consumer Goods)PartNine: Global Corrugated Board Packaging Market Revenue by End-Use (Food and Beverage Industry, Pharmaceutical Industry, Electrical Industry and Others)Get Detail TOC@ https://www.databridgemarketresearch.com/toc/?dbmr=global-corrugated-board-packaging-marketKey Insights in the report:Complete market analysis and forecastingMarket definition, understanding the concept of corrugated board packagingMarket drivers and restraints of the industryMarket segmentations and market share divided amongst themKey players in the market and their analysisKey Questions Answered in Report:What is the key to the Corrugated Board Packaging Market?What will the Corrugated Board Packaging Market Demand and what will be Growth?What are the latest opportunities for Corrugated Board Packaging Market in the future?What are the strengths of the key players?ViewComplete Report @ https://www.databridgemarketresearch.com/reports/global-corrugated-board-packaging-marketNOTE: Our team is studying COVID19 and its impact on various industry verticals and wherever required we will be considering Covid19 footprints for a better analysis of markets and industries.
The products included in these packaging differ in shape, size, characteristics and resistance depending upon the contents and demand of the product.Global e-commerce packaging is expected to grow with a healthy CAGR in the forecast period of 2019-2026.
This report contains data from the base year of 2018, and the historic year of 2017.
This rise in market value can be attributed to the growing adoption and penetration of e-commerce shopping methods.
Get Sample Report at : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-e-commerce-packaging-marketCompetitive Analysis: Global E-Commerce Packaging MarketFew of the major competitors currently working in the e-commerce packaging market are International Paper; NIPPON PAPER INDUSTRIES CO., LTD.; Celloglas Ltd.; Smurfit Kappa; Mondi; DS Smith; Packaging Corporation of America; Rengo Co.,Ltd.
; Orora Packaging Australia Pty Ltd; Klabin; Georgia-Pacific; Sealed Air; Amcor Limited; Crawford Packaging; RAJAPACK Ltd; Lil Packaging and Salazar Packaging, Inc. Key Pointers Covered in the Global E-Commerce Packaging Market Trends and Forecast to 2026Global E-Commerce Packaging Market New Sales VolumesGlobal E-Commerce Packaging Market Replacement Sales VolumesGlobal E-Commerce Packaging Market Installed BaseGlobal E-Commerce Packaging Market By BrandsGlobal E-Commerce Packaging Market SizeGlobal E-Commerce Packaging Market Procedure VolumesGlobal E-Commerce Packaging Market Product Price AnalysisGlobal E-Commerce Packaging Market Healthcare OutcomesGlobal E-Commerce Packaging Market Cost of Care AnalysisGlobal E-Commerce Packaging Market Regulatory Framework and ChangesGlobal E-Commerce Packaging Market Prices and Reimbursement AnalysisGlobal E-Commerce Packaging Market Shares in Different RegionsRecent Developments for Global E-Commerce Packaging Market CompetitorsGlobal E-Commerce Packaging Market Upcoming ApplicationsGlobal E-Commerce Packaging Market Innovators StudyGet Detailed TOC:https://www.databridgemarketresearch.com/toc/?dbmr=global-e-commerce-packaging-market Key Developments in the Market:In June 2018, DS Smith announced the launch of “Made2fit” technology for customisable packaging demands.
The new packaging technology comes with three cardboard sheets out of which 33 different sizes of boxes can be formulated manually.
