What is Paperboard Packaging Market?
Paperboard packaging includes the chipboard, laminated board, corrugated box packaging which is generally thicker than the normal packaging material, it provides flexibility and durability. Paperboard packaging is available in different types and sizes according to the product packaging requirements. Packaging grades such as solid bleached sulfate, coated unbleached kraft, MET-PET boards, and others are used in the paperboard packaging. With the increasing awareness about sustainability and environmental concern, the paperboard packaging market is expected to rise during the forecasted period.
Highlights from Paperboard Packaging Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Amcor plc (Australia), Cascades Inc. (Canada), Nippon Paper Industries Co., Ltd. (Japan), All Packaging Company (United States), Metsa Group (Finland), WestRock (RockTenn) (United States), ITC Limited (India), Evergreen Packaging (United States), Sabert Corporation (United States), Mondi Group (Austria) and DS Smith plc (United Kingdom) |
Amcor plc (Australia), Cascades Inc. (Canada), Nippon Paper Industries Co., Ltd. (Japan), All Packaging Company (United States), Metsa Group (Finland), WestRock (RockTenn) (United States), ITC Limited (India), Evergreen Packaging (United States), Sabert Corporation (United States), Mondi Group (Austria) and DS Smith plc (United Kingdom) are some of the key players profiled in the study. Paperboard Packaging Market Segmentation:
Scope | Sub-Segments |
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Type | Chipboard, Laminated/Pasted Chipboard, Boxboard, Flexible Paper Packaging, Corrugated Box and Others |
Packaging Grade | Solid Bleached Sulfate (SBS),Coated Unbleached Kraft (CUK Board),Coated Recycled Board (CRB),MET- PET Board |
Industry Verticals | Healthcare,Food & Beverage,Education & Stationery,Personal & Health Care,Others |
Product | Rigid Boxes,Folding Cartons |
On the basis of geography, the market of Paperboard Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Availability of Paperboard Packaging in Different Shapes and Sizes
Market Growth Drivers:
Demand for the Flexible and Durable Packaging
Challenges:
Extreme Weather Conditions might be the Problem for Paperboard Packaging
Restraints:
Problem with the Heavy Weight Product Packaging will Hinder the Paperboard Packaging Market
Opportunities:
Increasing Environmental Concern Across the Nations will Boost the Paperboard Packaging
Key Target Audience
Paperboard Packaging Manufacturers, Paperboard Packaging International Traders, Paperboard Packaging Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Market Leaders & Development Strategies
On 30th April 2020, Nippon Paper Industries and its wholly-owned subsidiary, Paper Australia Pty Ltd, announced the completion of the purchase of Orora Limited's paperboard and fibre-based packaging business in Australia/New Zealand. Through the acquisition of the Business, Nippon Paper Group will be entering the integrated corrugated paperboard manufacturing business in the Oceania region.
On 9th July 2020, Sabert launches corrugated and paperboard food packaging solutions. Innovative food packaging products and solutions manufacturer Sabert has expanded its sustainable packaging solutions with a new collection. The new product line, Kraft Collection, consists of corrugated and paperboard food packaging solutions. The offerings are developed using materials that are recyclable, compostable, and contain post-consumer fiber content.
"The Paper & Paperboard Packaging Environmental Council (PPEC) represents the environmental interests of the Canadian corrugated & containerboard industry. Established in 1990, the council’s membership includes both the packaging mills that make containerboard, boxboard and kraft paper packaging material, and the converters who turn this into boxes, bags, and cartons. and The RPTA Protocol contains a list of chemicals developed in cooperation with leading food safety industry experts, along with their corresponding health risk-based allowable concentrations. The Protocol establishes a testing regime to evaluate levels of unintended chemical constituents in paperboard or containerboard and contains information on how to use the test data. In addition, it establishes a process for further evaluations should test results deem additional study is needed."