Market Overview:
The global corrugated octabin market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for corrugated octabin boxes from various end-use industries, such as food and beverages, chemical, consumer goods, shipping and logistics, and others. In addition, the growing trend of online shopping is also contributing to the growth of the global corrugated octabin market. On the basis of type, single-wall corrugated octabin boxes are expected to dominate the global market during the forecast period owing to their low cost as compared with multi-wall boxes. However, multi-wall boxes are expected to witness higher growth rates due their superior properties such as high strength and stiffness. On the basis of application, food and beverages segment is projected to account for a major share in terms of revenue in 2018 followed by chemical segment owingto rising demand for packaged foods & beverages products across different regions worldwide.
Product Definition:
A corrugated octabin is a type of container made from cardboard or plastic that is used to store or transport goods. The sides of the octabin are corrugated to provide extra strength, and the container can be collapsed when not in use to save space.
Single-wall:
Single-wall is a corrugated packaging material that consists of one layer of cardboard or paperboard, coated on one side with plastic and other side with aluminum. It can be used for shipping various products including food & beverages, consumer goods as well as industrial goods.
Multi-wall:
Multi-wall is a corrugated packaging structure that consists of two or more walls made up of different materials. It helps in providing rigid and strong packaging solution for the products. Multi-wall corrugated octabin is used to pack various small and large products such as electrical appliances, consumer goods, industrial machinery, pharmaceuticals among others.
Application Insights:
The shipping and logistics application segment accounted for the largest revenue share of over 30% in 2017. Corrugated octabin is widely used in the shipping and logistics industry owing to its ability to protect valuable goods from damage due to vibration, impact, and shock. It is also used for insulation purposes as well as aesthetic purposes at retail stores displaying luxury products.
Corrugated octabins are widely used in food & beverage packaging applications on account of their properties such as protection against oxygen, light, temperature changes, mechanical stress & pressure along with being able to withstand high temperatures without getting damaged or deformed. These containers offer an attractive solution while packing soft drinks along with a custom-made dispenser that can be attached easily onto the container body by means of rivets or clips depending upon their design. The aforementioned factors are expected drive corrugated octabin demand over the forecast period thereby registering a CAGR around 6% from 2018 to 2030 globally.
Regional Analysis:
Asia Pacific dominated the global corrugated octabin market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing infrastructure activities and rapid industrialization and urbanization. In addition, rising demand for consumer goods is anticipated to drive product demand in this region.
The construction industry in Asia Pacific has been witnessing steady growth due to growing investments from various governments across countries such as China, India, Japan, Indonesia among others are expected to boost construction spending which will result into increased requirement of corrugated packaging materials including octabins.
Europe accounted for a major share of revenue share in 2017 owing with high consumption of dairy products and confectionery items packaged using corrugated boxes produced by companies such as IBC Group BVBA DeBruyne's Belgium; Marel France; Rombouts Bosboer GmbH & Co KG Germany among others.
Growth Factors:
- Increasing demand for corrugated octabin from end-use industries such as food, beverage, and pharmaceuticals owing to its features such as moisture resistance and durability.
- Rising demand for corrugated octabin in the e-commerce sector due to its lightweight and easy handling properties.
- Growing popularity of corrugated octabin among packaging designers for product differentiation and branding purposes.
- Technological advancements in the manufacturing process of corrugated octabin that are resulting in improved quality and performance characteristics of the product.
Scope Of The Report
Report Attributes
Report Details
Report Title
Corrugated Octabin Market Research Report
By Type
Single-wall, Multi-wall
By Application
Food and Beverages, Chemical, Consumer Goods, Shipping and Logistics, Others
By Companies
Mondi, International Paper, Smurfit Kappa, Rondo Ganahl, TRICOR Packaging, Quadwall, VPK Group, DS Smith, S Lester Packing Materials, Northern Paper Board, Bentsen Emballage, Klingele Papierwerke, Ask Packaging Solutions, Zhong Da Paper
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Corrugated Octabin Market Report Segments:
The global Corrugated Octabin market is segmented on the basis of:
Types
Single-wall, Multi-wall
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages, Chemical, Consumer Goods, Shipping and Logistics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mondi
- International Paper
- Smurfit Kappa
- Rondo Ganahl
- TRICOR Packaging
- Quadwall
- VPK Group
- DS Smith
- S Lester Packing Materials
- Northern Paper Board
- Bentsen Emballage
- Klingele Papierwerke
- Ask Packaging Solutions
- Zhong Da Paper
Highlights of The Corrugated Octabin Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-wall
- Multi-wall
- By Application:
- Food and Beverages
- Chemical
- Consumer Goods
- Shipping and Logistics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Corrugated Octabin Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A corrugated octabin is a type of shipping container that is eight feet wide and twenty-four feet long.
Some of the major companies in the corrugated octabin market are Mondi, International Paper, Smurfit Kappa, Rondo Ganahl, TRICOR Packaging, Quadwall, VPK Group, DS Smith, S Lester Packing Materials, Northern Paper Board, Bentsen Emballage, Klingele Papierwerke, Ask Packaging Solutions, Zhong Da Paper.
The corrugated octabin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Corrugated Octabin Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Corrugated Octabin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Corrugated Octabin Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Corrugated Octabin Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Corrugated Octabin Market Size & Forecast, 2018-2028
4.5.1 Corrugated Octabin Market Size and Y-o-Y Growth
4.5.2 Corrugated Octabin Market Absolute $ Opportunity
Chapter 5 Global Corrugated Octabin Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Corrugated Octabin Market Size Forecast by Type
5.2.1 Single-wall
5.2.2 Multi-wall
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Corrugated Octabin Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Corrugated Octabin Market Size Forecast by Applications
6.2.1 Food and Beverages
6.2.2 Chemical
6.2.3 Consumer Goods
6.2.4 Shipping and Logistics
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Corrugated Octabin Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Corrugated Octabin Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Corrugated Octabin Analysis and Forecast
9.1 Introduction
9.2 North America Corrugated Octabin Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Corrugated Octabin Market Size Forecast by Type
9.6.1 Single-wall
9.6.2 Multi-wall
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Corrugated Octabin Market Size Forecast by Applications
9.10.1 Food and Beverages
9.10.2 Chemical
9.10.3 Consumer Goods
9.10.4 Shipping and Logistics
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Corrugated Octabin Analysis and Forecast
10.1 Introduction
10.2 Europe Corrugated Octabin Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Corrugated Octabin Market Size Forecast by Type
10.6.1 Single-wall
10.6.2 Multi-wall
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Corrugated Octabin Market Size Forecast by Applications
10.10.1 Food and Beverages
10.10.2 Chemical
10.10.3 Consumer Goods
10.10.4 Shipping and Logistics
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Corrugated Octabin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Corrugated Octabin Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Corrugated Octabin Market Size Forecast by Type
11.6.1 Single-wall
11.6.2 Multi-wall
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Corrugated Octabin Market Size Forecast by Applications
11.10.1 Food and Beverages
11.10.2 Chemical
11.10.3 Consumer Goods
11.10.4 Shipping and Logistics
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Corrugated Octabin Analysis and Forecast
12.1 Introduction
12.2 Latin America Corrugated Octabin Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Corrugated Octabin Market Size Forecast by Type
12.6.1 Single-wall
12.6.2 Multi-wall
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Corrugated Octabin Market Size Forecast by Applications
12.10.1 Food and Beverages
12.10.2 Chemical
12.10.3 Consumer Goods
12.10.4 Shipping and Logistics
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Corrugated Octabin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Corrugated Octabin Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Corrugated Octabin Market Size Forecast by Type
13.6.1 Single-wall
13.6.2 Multi-wall
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Corrugated Octabin Market Size Forecast by Applications
13.10.1 Food and Beverages
13.10.2 Chemical
13.10.3 Consumer Goods
13.10.4 Shipping and Logistics
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Corrugated Octabin Market: Competitive Dashboard
14.2 Global Corrugated Octabin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mondi
14.3.2 International Paper
14.3.3 Smurfit Kappa
14.3.4 Rondo Ganahl
14.3.5 TRICOR Packaging
14.3.6 Quadwall
14.3.7 VPK Group
14.3.8 DS Smith
14.3.9 S Lester Packing Materials
14.3.10 Northern Paper Board
14.3.11 Bentsen Emballage
14.3.12 Klingele Papierwerke
14.3.13 Ask Packaging Solutions
14.3.14 Zhong Da Paper
