Global Double Wall Cases Market Size, Share, COVID-19 Pandemic Rising Demand and Worldwide Key Competitors Growth Report 2020 – 2026
Double wall cases, also known as 5-ply corrugated boxes are relatively durable secondary packaging solution over single wall cases, making them highly suitable for packaging of heavy products, or making large capacity boxes. Corrugated boxes are the most widely preferred secondary packaging solution in the almost entire manufacturing industry, representing a tremendous revenue opportunity for the expansion of double wall cases market across the globe. Although the double wall cases possess higher strength as compared to single wall cases, the double wall cases adhere to basic design as the stiffness of the double wall board do not allow enough flexibility to shape the double wall cases into different shapes. Thus, higher flexibility offered by single wall cases has provided a win over double wall cases, restraining the growth of global double wall cases demand.
Global Double Wall Cases Market Dynamics
The end-user industries need to reduce investment in the storage and handling of the products to provide finished products to the consumers in minimum possible price. Reducing investment in secondary packaging is one of the crucial steps, which is attained by using a higher content of recycled fiber in double wall cases, or by reducing the wall thickness for less consumption of fiber in double wall cases to obtain the case at low manufacturing cost. On the other hand, the prices of raw material for the production of double wall cases have witnessed a growth of around 3% over the last five years, affecting the price of double wall cases, and impacting the market negatively. Moreover, the demand for shelf-ready trays is rising rapidly, affecting the demand for double wall cases.
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Global Double Wall Cases Market Developments
Some of the prominent developments took place in 2018 and 2017 in the global double wall cases market are
- In September 2017, Oji Holdings Corporation acquired the corrugated box business from Cardboard Cartons Pvt. Ltd., based in Melbourne, Australia
- In March 2018, Packaging Corporation of America has started to construct its new full-line corrugated plant in Marshfield, Wisconsin
- In March 2018, International Paper Company acquired the business containerboard, packaging, and recycling of Weyerhaeuser Company, manufactures, of forest products based in Washington, United States
Global Double wall cases Market Breakdown
The global double wall cases market can be segmented on the basis of raw material as
- Virgin Fiber
- Recycled
The global double wall cases market can be segmented on the basis of volumetric capacity as
- Up to 100 cubic inch
- 100 to 500 cubic inch
- 501 to 1,000 Cubic Inch
- 1,001 to 5,000 cubic inch
- Above 5,000 cubic inch
The global double wall cases market can be segmented on the basis of the end-user industry as
- Food and Beverage (F&B)
- Personal Care & Cosmetics
- Homecare
- Chemical
- Automotive and Machinery
- Electrical & Electronics
- Others
Global Double wall cases Market Regional Overview
The manufacturing industry of the Middle East and Africa and Eastern Europe is evolving at an impressive pace, representing a lucrative revenue opportunity for the global double wall cases market. The concentrated or relatively organized manufacturing industries based in the developed economies of North America and Western Europe are anticipated to witness sluggish pace in the growth of demand for double wall cases on the backdrop of high adoption of multi-functional transit packaging solutions. In present market scenario, the usage of single-wall cases is much higher in the Asia Pacific region, while the growth rate of double wall cases demand is projected to be highest among all types of corrugated boxes.
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Global Double wall cases Market Key Players
Some of the key players operating in the global double wall cases market are
- DS Smith Packaging Limited
- Packaging Corporation of America
- International Paper Company
- Atlantic Corrugated Box
- Cascades Incorporated
- Mondi Group
- Georgia-Pacific LLC
- Smurfit Kappa Group PLC
- Westrock Company
- Oji Holdings Corporation
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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