Corrugated packaging boom driven by eCommerce and sustainability: Report

The global corrugated packaging market is experiencing robust growth, fuelled by the rapid expansion of e-commerce and increasing demand for sustainable packaging solutions, according to a new study by Persistence Market Research. The sector, valued at USD 216,086.7-million in 2023, is projected to grow at a 6.2% CAGR through 2033, reaching USD 394,342.2-million.

Persistence Market Research confirms that South Asia is the fastest-growing market, with a projected 9.4% compound annual growth rate, driven by urbanisation, eCommerce growth, and rising demand for electronics and FMCG products.

What’s driving the demand?
The shift to online shopping has been a major driver, with more than 40% of global corrugated packaging demand now linked to e-commerce. The Covid-19 pandemic accelerated this trend, as businesses sought durable, lightweight, and cost-effective packaging to protect goods during shipping.

Corrugated cardboard’s versatility makes it ideal for everything from fragile electronics to fashion items. Its customisability allows brands to optimise packaging for efficiency while enhancing the unboxing experience.

With consumers and regulators pushing for greener alternatives, corrugated packaging has gained traction as a recyclable, renewable, and low-waste solution. Around 90% of corrugated materials are recycled globally, making them a preferred choice for eco-conscious brands.

A Nielsen study found that 73% of consumers are willing to pay more for sustainable products, prompting industries like food & beverage, retail, and tech to adopt corrugated solutions. Stricter regulations, such as the European Union's mandate for fully recyclable packaging by 2030, are further boosting demand.

Smart packaging in the corrugated industry 
According to the report, technological advancements are reshaping the industry. Digital printing, AI-driven design optimisation, and smart packaging featuring QR codes, NFC tags, and sensors are enhancing logistics and consumer engagement. For pharmaceuticals and perishable goods, temperature and humidity-monitoring packaging is becoming critical.

The future outlook
As eCommerce and environmental concerns grow, the industry’s innovation and adaptability will keep it at the forefront of global packaging solutions. The market is set to evolve with greater sustainability investments, including alternative fibres like bamboo, smart packaging integration for real-time tracking and consumer engagement, customisation to enhance brand differentiation, and localised production to mitigate supply chain risks.