It has been used to transport silkworms, line top hats, contain breakfast cereals and to move house. You name it, and the humble cardboard box has probably contained it.
First invented two centuries ago, the cardboard box is undergoing yet another transformation, this time as the most visible manifestation of the global boom in e-commerce.
Cardboard boxes, also known as corrugated boxes, are made from several layers of corrugated paper, which make them flexible, durable, lightweight, biodegradable, recyclable, and most importantly, cost-effective. They have become the most common material in the global packaging industry and used for consumer and industrial products across a variety of industries.
According to a recent report from Mordor Intelligence, the global paper packaging market was valued at US$69.9 billion in 2019 and is expected to reach a value of US$88.7 billion by 2025. The expansion of online retail and global food and beverage industry are among the primary growth drivers for the global cardboard box market.
With retail e-commerce still just a fraction of total retail sales in most countries, it looks like cardboard boxes are here to stay.