Comprehensive analysis on Paperboard Packaging Market | Key Players are Nippon Paper Industries, Mondi plc, ITC Limited, International Paper Company, Metsä Group, Oji Holding Corporation, Rock-Tenn Company, Smurfit Kappa Group
The product segment includes boxboard and containerboard. Boxboard category is further divided as solid unbleached board, folding boxboard, white lined chipboard, and solid bleached board. Folding boxboard segment have several applications such as in confectionaries, cigarettes, beauty products, pharmaceuticals, and frozen foods. Its market is likely to grow at CAGR of 8.5% in forecast timeframe.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2060
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. Moreover, this product is witnessing a significant demand in many countries owing to increasing health and environmental concern from the harmful effects of plastic packing.
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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Nippon Paper Industries Co., Ltd.
2. Mondi plc
3. ITC Limited
4. International Paper Company
5. Metsa Group
6. Oji Holding Corporation
7. Rock-Tenn Company
8. Stora Enso Oyj
9. South African Pulp & Paper Industries Limited (Sappi Limited)
10. Shandong Bohui Paper Co. Ltd.
11. Smurfit Kappa Group plc
12. Svenska Cellulosa Aktiebolaget (SCA)
13. Outlook Group LLC
14. Southern Champion Tray
15. Badger Paperboard, Inc.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/paperboard-packaging-market
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.
- Paperboard Packaging Market by Application
• Food & beverages
• Non-durable goods
• Durable goods
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2060
The applications for this product are segmented into four key segments including food & beverage (F&B), medical, durable goods, nondurable goods and others. Increasing demand from online based retail industry, and food takeaways are predicted to propel the product growth in future. F&B is a major end-user which held a more than one-third share of the global paperboard packaging market. Food and beverage is fastest growing application and is likely to witness growth at a CAGR of 8% in forecast period.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Comprehensive analysis on Paperboard Packaging Market | Key Players are Nippon Paper Industries, Mondi plc, ITC Limited, International Paper Company, Metsä Group, Oji Holding Corporation, Rock-Tenn Company, Smurfit Kappa Group here
News-ID: 1799435 • Views: 329
More Releases from global market insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers. Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies. Meanwhile, yet other company, Boston Metal has declared having raised over USD 20
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses. Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet
More Releases for Paper
Global Kraft Paper Market
Global Kraft Paper Market Report provide definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis. This report is by Material,
Pulp & Paper Enzymes Market
APAC pulp & paper enzymes market will witness gains over 6.5% by 2024. Increasing enzymes adoption in manufacturing facilities due to its enhanced benefits will stimulate the regional demand. Easy availability of resources and labor coupled with environment regulations on industrial wastages are driving the industry, as the product reduce pollutants in waste water. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1995 Global pulp & paper enzymes industry share
Paper Bags Packaging Market
Global Paper Bags Packaging Market Insights, Forecast To 2025 provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on Markets and materials, capacities and technologies, and on the
Disposable Paper Cup Market
Marketinsightsreports adds “Global Disposable Paper Cup Market by Manufacturers, Regions, Type and Application, Forecast to 2023” new report to its research database that gives a top to bottom investigation of the market as far as income and developing business sector patterns. The abstract includes business overview, product offering, revenue share, strategies, and service offering of the dominant players. This report covers several key areas in the Disposable Paper Cup market. Global
Global Greaseproof Paper Market 2017 - Krpa Paper, Nordic Paper, Vicat Group, Di …
This report studies the Greaseproof Paper market, Greaseproof paper is paper that is impermeable to oil or grease and is normally used in cooking or food packaging. Normally greaseproof paper is produced by refining the paper stock and thus create a sheet with very low porosity. Scope of the Report: This report focuses on the Greaseproof Paper in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and
Global Wheat Straw Pulp Market 2017- Yinge Paper, Xinya Paper Group, Baiyun Pape …
The Global Wheat Straw Pulp Market 2017 examines the performance of the Wheat Straw Pulp market. It encloses an in-depth judgment of the Wheat Straw Pulp market state and the competitive landscape globally. This report analyzes the potential of Wheat Straw Pulp market in the present and the future prospects from various angles in detail. The Global Wheat Straw Pulp Market 2017 report includes Wheat Straw Pulp industry volume, market Share,