Good insulation qualities of EPS traditionally drove its demand in the food packaging industry. However, growing environmental concerns shifted consumer demand towards eco-friendly packaging solutions, thereby creating lucrative growth opportunities for corrugated fish box market. Need for effective barrier solutions to fat, water and moisture further drives the demand for corrugated fish box.

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Companies such as Stora Enso had entered into collaboration with Walki for developing EcoFishBoxTM, which is likely to provide positive growth impact on the corrugated fish box market. Rapidly increasing demand for customers for fresh fish packaging solutions is expected to further drive the growth of corrugated fish box market. EcoFishBoxTM, newly developed by Stora Enso holds 100% recyclable properties and requires less space compared to conventional EPS box corrugated fish box.

Key players and manufacturers in corrugated fish box market can enter into partnership with Stora Enso as it has been taking immense efforts in developing leak-tight and waterproof corrugated fish box. Fish industry is expected to increase the adoption of EcoFishBoxTM, thereby expanding the customer base in corrugated fish box market. Surging demand for meeting hygiene standards is anticipated to drive the demand and supply of EcoFishBoxTM, thereby offering potential growth opportunities for corrugated fish box market.

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Global Corrugated Fish Box Market: Dynamics

The primary factor driving the growth of the corrugated fish box market in the packaging industry is the rise in the demand for the sea food. As fish has high protein content, the demand for fish and fish products is increasing. In Asia Pacific, the corrugated fish box market is expected to gain maximum share due to growing aquaculture industry and fish farming. Alternate factors influencing the corrugated fish box market are urbanization and preference of healthy food. The manufacturers of corrugated fish boxes are more concerned towards the quality, the use of the coating and laminating of corrugated fish boxes.

However, the restraining factor for the growth of the corrugated fish boxes is use of expanded polystyrene (EPS), which has 80% of plastic content. Strict regulations against the use of plastic across the globe can impact the growth of the corrugated fish boxes market in a negative way.

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Global Corrugated Fish Box Market Segmentation

The corrugated fish box market can be segmented based on Product Type, Weight and Region. On the basis of Product type, the corrugated fish box market is segmented into Coating Type and Lamination Type. By Weight, the corrugated fish box market can be segmented into up to 20 lbs, 20 lbs to 40 lbs, and above 40 lbs. Geographically, the global corrugated fish box market is segmented into six regions, namely North America, Latin America, Europe, Japan, Asia Pacific except Japan, and the Middle East Africa

Global Corrugated Fish Box Market Key Players

A large number of players are present in Europe and North America, but corrugated fish box manufacturers are focusing on expanding their presence in the Asia Pacific region, particularly China, Indonesia and India. Examples of some of the key players operating in the corrugated fish box market are Smurfit Kappa PlC, DS Smith PLC, Stora Enso Oyj, Walki Group Oy, Fronteir Packaging Inc, and VA Whitley & co., among others.

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