What is Paperboard Market?
Paperboard is a thick material made from paper. Paperboard can be easily cut and formed and it is commonly used for packaging food and beverage products including juices, milk and cereal products. Paperboard packaging has become a major packaging material worldwide due to its low cost. Paperboard is mainly produced with primary fiber and secondary fiber derived from old corrugated containers. It has various advantages like wide availability, low weight, printability, mechanical strength and recycles ability. In order to improve mechanical strength, barrier properties against water and gasses, it is combined with other materials such as oil, wax, polymers and metals through coating and lamination.
The market study is being classified by Type (Solid Bleached Sulfate Paperboard, Coated Unbleached Kraft Paperboard, Coated Recycled Paperboard and Uncoated Paperboard), by Application (Packaging, Graphics Printing and Other) and major geographies with country level break-up.
ITC Limited (India), Stora Enso (Finland), Nippon Paper Industries (Japan), Smurfit Kappa Group (Ireland), Shandong Bohui Paper Industry Co Ltd. (China), Zumbiel Packaging (United States), Metsä Group (Finland), Svenska Cellulosa AB (Sweden), Paper Works Industries (United States) and Graphic Packaging International (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Multi Packaging Solutions (United States), Clondalkin Group (Netherlands) and Caraustar Industries, Inc. (United States).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Paperboard market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Paperboard market by Type, Application and Region.
On the basis of geography, the market of Paperboard 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.
Market Drivers
- Increased Demand for Packaging of Various Products
- Environment-Friendly, Sustainability and Recyclable Properties
Market Trend
- Demand for Eco-Friendly Packaging Materials
Restraints
- Unable To Handle Mechanical Stress of Heavy Materials
- Sensitivity to the Moisture
Opportunities
- Rising Demand from E-Commerce Industry
- Growing Demand for Sustainable Packaging Solutions
Challenges
- Government Rules and Regulations about the Deforestation
On 16th May 2019, Stora Enso introduced Cupforma Natura Solo, a renewable paperboard for paper cups. The innovative material is suitable for hot and cold drinking cups, as well as for ice cream packaging. It is produced without a traditional plastic coating layer and designed for full fibre recovery in a recycling process.
Key Target Audience
Paperboard Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user