Plastic Corrugated Sheets Market Size, Share, Trends, Growth and Forecast 2030

Global Plastic Corrugated Sheets Market: Overview

The global Plastic Corrugated Sheets Market size was worth around USD 930.66 Million in 2022 and is predicted to grow to around USD 1,407.88 Million by 2030 with a compound annual growth rate (CAGR) of roughly 5.31% between 2023 and 2030.

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Corrugated plastic can be described as sheets of plastic which are wave-like structures sometimes reinforced with chopped glass fiber to increase the rigidity. The materials used in the manufacturing of these sheets primarily include polypropylene and polyethylene. These sheets are highly recommended due to their reliability, robustness, dimensional accuracy, and durability. Most of the time these sheets are designed as per the specific requirements of the industry and can be tailored as per the client’s details, this makes them highly cost effective and ensures maximum salability in end use industries.

Global Plastic Corrugated Sheets Market: Growth Factors

The global plastic corrugated sheets market is expected to register a significant revenue growth over the forecast period. Rapid growth of the market is attributed to growing use of corrugated plastic sheets in construction sector. The construction sector is one of the most prominent utilizers of plastic corrugated sheets owing to its moisture, chemical, as well as pest and termite resistant properties. With the rapid growth of the construction sector in emerging countries, the market is expected to grow concurrently. Apart from this, the global plastic corrugated sheets market will witness a surge with the increasing demand of plastic corrugated sheets from packaging sector. With the advances such as flexibility, versatile, and impact-resistant properties the plastic corrugated sheets become ideal choice for packaging components. Besides, it is more environment friendly compared to some molded packaging which lack recycling property. Along with this, extensive use in advertising, automobile, and food & beverage industry is collectively urging the demand for plastic corrugated sheets in packaging sector. On the other hand, low adoptability in low-income countries due to availability of alternative and traditional materials may hamper the growth of the market. However, the development of digital and e-commerce platforms is projected to offer better growth opportunity to the global plastic corrugated sheets market.

The onset of COVID-19 pandemic had adverse impact on the several end uses sectors around the world. Major impact of the pandemic can be seen on construction industry, logistic, and packaging sector. The impact of pandemic observed more in developing countries with the lack of advanced healthcare facilities. This has directly affected the overall market positioning and its growth during the pandemic period. Reduced labor numbers, restrictions on supply chain, unavailability of distributors caused shortage of raw materials. This has directly affected the growth of global plastic corrugated sheets market..

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Global Plastic Corrugated Sheets Market: Segmentation

The global market for plastic corrugated sheets is segmented based on material type, thickness, end use, and region. Based on material type, the global plastic corrugated sheets market is categorized into polyethylene (PE), polypropylene (PP), and others. By thickness the, plastic corrugated sheets are segregated into less than 3 mm, 3 to 8 mm, and above 8 mm. The end use segment is categorized as packaging, logistics & transportation, building & construction, agriculture & allied products, and others

Global Plastic Corrugated Sheets Market: Regional Analysis

Asia Pacific is anticipated to dominate the overall global plastic corrugated sheets market over the forecast period. Some of the major factors contributing for the large share of the market include presence of large number of end use industries. In a present time, Asia Pacific is known as global production house, emerging and developed countries such as India, China, South Korea, and Japan in the region are well developed with automotive, construction, food, chemical, advertisement, packaging and logistic sectors. Thus, demand for plastic corrugated sheets is continuously increasing through all these sectors in the region. North America is also expected to contribute significant revenue in the global plastic corrugated sheets market over the forecast period. The demand for plastic corrugated sheets is rapidly increasing in logistic, packaging, and construction industry in the United States. Factors such as easy availability of the products, eco-friendly material, and cost effective products is primarily driving the growth of the market in the US. Europe is also set to expand the market growth over the predicted years. Increasing preference for durable and recyclable materials is driving the market growth in through various end use industries in the region.

Plastic Corrugated Sheets Market: Report Scope

Global Plastic Corrugated Sheets Market: Competitive Players

Major players operating in the global plastic corrugated sheets market are focusing on new product launch to offer cost effective solutions. Also, acquisition and strategic partnerships are on rise to expand the business. Some of the major market players operating in the industry include -

• DS Smith
• Twinplast Ltd.
• Corlite Packaging Industries Sdn. Bhd
• Coroplast
• Shish Industries Ltd.
• Classic Enterprises Pvt Ltd
• Siddhi Plast
• Distriplast
• Creabuild Trading LLC
• Roplast
• Yamakoh
• Corex Plastics Pty Ltd.
• FlutePlast
• Karton S.p.A.
• Androp Packaging Inc.

Material Type:

• Polyethylene (PE)
• Polypropylene (PP)

By Thickness the:

• 3 mm
• 3 to 8 mm
• 8 mm

By End use:

• Packaging 
• logistics & transportation
• Building & construction 
• Agriculture & allied products

Global Plastic Corrugated Sheets Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.