Paperboard Packaging Market Update, Analysis, Forecast, 2019 – 2024

Browse key industry insights spread across 190 pages with 302 market data tables & 12
figures & charts from the report, “Paperboard Packaging Market Size By Raw Material (Fresh
Sources, Recycled Waste Paper), By Product (Boxboard [Folding Boxboard, Solid Unbleached
Board, Solid Bleached Board, White Lined Chipboard], Containerboard), By Application
(Food & Beverages, Non-Durable Goods, Durable Goods, Medical), Industry Analysis Report,
Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan,
Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price
Trends, Competitive Market Share & Forecast, 2017 – 2024” in detail along with the table of
contents:
https://www.gminsights.com/industry-analysis/paperboard-packaging-market
Paperboard Packaging Market will likely surpass USD 240 billion by 2024; according to this
new research report. Growing packaging market in emerging economies is likely to boost
paperboard packaging industry in forecast period. It is extensively used in food, medicine,
clothing, footwear, and cosmetics wrapping applications owing to its lightweight and
recyclable properties. Long working hours in growing corporate lifestyle is resulting in
increasing doorstep food deliveries and packaged food eating habits which will drive
paperboard packaging market demand in forecast period.
Though plastic based packaging is predicted to become a threat to the product growth,
owing to its low cost and durable properties. The demand for plastic covering is increasing
because the paperboard packaging properties are not efficient to provide water resisting
shield to the packaged products. This factor will decelerate growth of the paperboard
packaging market.
Currently, food packing standard and law are prohibiting the application of recycled paper
for food industry, to maintain food safety standards and grades. The food packing segment
occupies a major share and government prohibition on the recycled paper usage may
restrain the paperboard packaging market over the coming years
Based on regions, Asia Pacific paperboard packaging market held a substantial share in the
market and is likely to cross USD 170 billion over the forecast timeframe. This region will
experience high gains owing to growing income level and demand from food & beverage
industry. North America is the second ranking region, which accounted for a substantial
share of the industry in 2016. Europe will grow at a slower pace due to unfavorable
regulations on paper recycling.
The prominent companies of paperboard packaging market are SCA paper company,
Outlook, Smurfit Kappa, Badger Paperboard, Shandong Bohui Paper, STORA ENSO,
WestRock, Oji Holding, International Paper, ITC, Southern Champion Tray, Mondi, Nippon,
Metsa and others.
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