Multi-Depth Corrugated Box Market
                     Multi-Depth Corrugated Box Market: Analysis of Major Competitors and their
Strategies
Corrugated box consist of a layer of cardboard know as fluting, which is kept between two thin 
outer layers of the cardboard. It is available in various sizes and shapes extensively used for the 
packaging of various goods such as electronic items, and pharmaceutical products among others. 
High durability, high tensile strength, cost effectiveness, and light weight makes these boxes 
efficient for packaging of shipped goods. Multi depth corrugated boxes possess the same 
characteristic as corrugated boxes, except it can be used for various size application. Multi-depth 
corrugated boxes has a wide range of packaging applications in food and beverages, 
pharmaceuticals, cosmetics, hazardous chemicals furniture, antiques, and automobile among 
others.
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Key players in the Global Multi-Depth Corrugated Boxes Market
Product innovation, mergers and acquisitions, and joint ventures, and partnerships are some of 
the key strategies adopted by the players to ensure their long term sustenance in this market.
For instance, WestRock has bought the shares of Island Container Corp. and Combined Container 
Industries LLC in 2017. Some of the key players operating in the global multi depth corrugated 
boxes market include International Paper, DS Smith Plc, Mondi Group Plc, MeadWestvaco 
Corporation, Packaging Corporation of America, VPK Packaging Group, Nine Dragons Paper, 
Nampak Limited, and Smurfit Kappa Group.
Multi Depth Corrugated Box Market Taxonomy
On the basis of board type, the global multi-depth corrugated box market can be segmented as:
•Single face
•Double wall
•Single wall
•Triple wall
On the basis of application, the global multi-depth corrugated box market can be segmented as:
•Food and beverage
•Pharmaceuticals
•Chemicals
•Furniture
•Electronics
•Automotive
•Cosmetics and Personal Care
•Others
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901
Multi Depth Corrugated Box Market outlook:
•North America holds the dominant position in the global multi-depth corrugated box 
market and is expected to retain its dominance over the forecast period. This is mainly 
due to increasing per capita income and industrialization coupled with the presence of a 
strong consumer base in the countries such as U.S. and Canada. Moreover, the well-
established Electronic commerce segment in the region has further augmented the retail-
ready packaging demand, due to its time and labor cost saving attribute, is expected to 
fuel the market growth.
•Asia Pacific is expected to be the fastest growing region in the global multi-depth 
corrugated box market. The growing industrialization in the emerging economies of the 
region such as India and China has augmented the international trade, thereby propelling 
the demand for multi-depth corrugated boxes for the shipment of goods. Moreover, the 
one belt on road initiative by China and the development of Chabahar Port in Iran by 
India, is expected to increase the trade between Asia pacific with Middle East and Europe.
Moreover, according to the United Nations Economic and Social Commission for Asia 
Pacific (UNESCAP), owing to the recovery from the economic shutdown, low commodity 
prices and adverse exchange rates in 2014, nominal exports and imports are expected to 
rise by 65 by the end of the 2017, which in turn is expected to show a positive impact on
the growth of the multi-depth corrugated boxes market in the regions in the future.
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