The global corrugated plastic sheet market is experiencing unprecedented rapid growth. According to industry research data, the global market size is expected to reach US$3.551 billion in 2025, and will continue to expand at an average annual compound growth rate of 7.32%, and is expected to exceed US$5.823 billion by 2032.
Another report shows that the global corrugated plastic sheet market size has reached RMB 20.324 billion in 2024, and is expected to climb to RMB 29.472 billion by 2030.
The core engine driving this growth comes from the dual drive of environmental protection policies and consumer demand:
Environmental protection regulations are becoming stricter around the world: the European Union, North America, China and other places have introduced regulations to restrict disposable plastics, prompting companies to seek sustainable alternatives.
Demand for lightweight packaging has exploded: The rapid development of e-commerce requires lighter and stronger transportation packaging solutions, and corrugated plastic sheets stand out with their excellent strength-to-weight ratio.
Continuous breakthroughs in performance technology: Manufacturers have continuously improved the waterproofness, impact resistance and printability of corrugated plastic sheets by improving production processes, and the application scenarios are becoming increasingly extensive.
The corrugated plastic sheet industry is ushering in a golden age of technological innovation. Advances in printing and conversion technology have greatly improved product performance, enabling manufacturers to produce sheets with complex graphic designs and customized shapes.
At the same time, breakthroughs in materials science have enabled products to achieve strength and durability close to traditional materials while maintaining lightweight.
02 Regional pattern and trade policy, market differentiation is accelerating
The global corrugated plastic sheet market shows distinct regional differentiation characteristics:
North American market: It will occupy the largest market share in 2024, and its leading position stems from the mature packaging industry and strict environmental standards that promote the application of sustainable materials2.
Asia Pacific: As a global manufacturing center, it has strong production capacity and is becoming the most dynamic growth pole, benefiting from escalating environmental regulations and huge consumer demand6.
Latin America: It is expected to become the fastest growing region between 2025 and 2034, mainly driven by consumers’ awakening of environmental awareness and export-oriented economy.
Changes in trade policies are profoundly affecting the global corrugated plastic sheet supply chain. In March 2025, several corrugated plastic board manufacturers in the United States jointly submitted an application requesting the imposition of anti-dumping and countervailing duties on polypropylene corrugated boxes imported from China and Vietnam:
Chinese products face dumping charges of 74.63%-83.49%
Vietnamese products are accused of dumping margins of 40.85%
EU regulatory changes are equally severe. In May 2025, the European Commission announced the cancellation of the tax-free policy for small imported parcels worth less than 150 euros, and introduced a unified parcel handling fee mechanism: 2 euros per direct mail parcel, and 0.5 euros per parcel that is first delivered to the EU warehouse.
More urgently, Amazon has issued a notice to sellers: From January 1, 2025, sellers selling disposable plastic products on the German site must complete the “Disposable Plastic Fund Act” registration and submit the registration number, otherwise the product will face the risk of suspension of sale.
03 Competition landscape, global game between giants and newcomers
The global corrugated plastic sheet market presents a multi-level competition pattern:
The first echelon is dominated by international giants, including Coroplast (Inteplast Group), Primex Plastics, DS Smith and other companies. These companies have a strong global distribution network and R&D capabilities, and occupy a major market share.
The second echelon includes SIMONA, Distriplast, Plastflute and other companies, which have formed differentiated competitive advantages by deepening their presence in specific regional markets or application areas.
The third echelon is mainly composed of small and medium-sized enterprises focusing on the local market, such as Jiangsu Xingchang Chemical and Wuxi Taixing Plastic Products in China, which have won survival space with flexibility and localized services.
China’s corrugated plastic sheet industry belt is accelerating its global layout. In July 2025, Shopee held its first industry belt matchmaking meeting in Jiangmen, helping nearly 30 Xinhui enterprise representatives (covering metal products, household goods, household appliances and other fields) to explore Southeast Asian and Latin American markets through cross-border e-commerce.
“We want to expand our business through multi-platform and multi-channel layout through these
platforms recommended by the government.” Lai Zhiyun, general manager of Jiangmen Xinyi Spice Co., Ltd., said, “With more channels, we can sell our products abroad better.”
04 Enterprise breakthrough strategy, compliance and innovation in parallel
Facing the complex international trade environment, corrugated plastic sheet manufacturers and cross-border e-commerce sellers need to adopt multi-dimensional strategies:
Compliance first: Companies selling to Europe need to immediately assess the impact of Germany’s disposable plastics law. The regulation covers products such as food containers, beverage packaging, and plastic shopping bags, and requires producers to complete DIVID platform registration before January 1, 20259. Those who fail to comply will face a fine of up to 100,000 euros and the risk of product delisting.
Supply chain restructuring: Companies affected by the US anti-dumping investigation should re-evaluate their supply chain layout, consider diversifying their production base configuration, or turn to developing high value-added, tariff-free product types3.
Fully managed model application: Cross-border e-commerce can use the fully managed services upgraded by platforms such as Shopee, and use their full-link support from operations, traffic to logistics and after-sales to focus on product supply and development1.
Breakthrough in material innovation: Develop corrugated plastic sheet products with a higher proportion of recycled materials. The current post-consumer PP price has dropped to 6.13 cents/pound, providing a window period for reducing raw material costs10.
The recycling characteristics of corrugated plastic sheets are becoming a key advantage in market competition. Compared with recycled plastics, whose prices continue to fall, the price of old corrugated boxes (OCC) is stable at around US$70/ton, showing that the recycling system of paper packaging is more mature.
This provides a reference path for the corrugated plastic sheet industry to build a circular economy model.
The wave of environmentally friendly packaging will not recede. As the EU’s disposable plastics directive has a chain reaction around the world, Germany’s new regulations in 2025 are just the beginning. The US anti-dumping investigation on polypropylene products from China and Vietnam may reshape the North American supply chain.
Chinese industrial belt companies have accelerated their entry into the Southeast Asian and Latin American markets through Shopee’s full hosting service. Nearly 30 companies in the fields of metal products and home appliances are transforming Jiangmen’s manufacturing capabilities into global competitiveness.
The future of corrugated plastic sheets lies in circular design – from raw material recovery to recycling convenience, every step is reducing the weight of packaging and reducing the burden on the earth.