Press release
Corrugated Board Packaging Market 2020 Precise Outlook - Ariba & Company, Klingele Papierwerke GmbH & Co. KG, Mondi, others
Corrugated Board Packaging Market
The Corrugated Board Packaging Market provides a 360 view and insights, outlining the key outcomes of the industry, current scenario witnesses a slowdown and study aims to unique strategies followed by key players. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. The study bridges the historical data from 2014 to 2020 and estimated till 2026*. Some are the key & emerging players that are part of coverage and were profiled in current version are Waterman (Box Makers) Ltd., Ariba & Company, Klingele Papierwerke GmbH & Co. KG, Mondi, Smurfit Kappa, Klabin, International Paper, Rengo Co.Ltd., Sealed Air, Georgia-Pacific, NIPPON PAPER INDUSTRIES CO. LTD., Amcor Limited, Cascades inc., DS Smith and SCG PACKAGING.
Worldwide Corrugated Board Packaging Industry 2020 Market Research Report is spread crosswise over 129 pages and gives restrictive essential insights, information, data, patterns and aggressive scene points of interest in this specialty division.
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An introduction of Corrugated Board Packaging Market 2020
Global Corrugated Board Packaging Market is expected to rise from its initial estimated value of USD in 2018 to an estimated value of USD 250.98 billion in 2018 to an estimated value of USD 350.14 billion by 2026, registering a CAGR of 4.25% in the forecast period of 2019-2026. This rise in market value can be attributed to the demand for sustainable packaging methods.
Corrugated board packaging is an end product that utilizes corrugated fibreboard which is made with the help of gluing together flutes with the cardboard paper or a heavy paper. Corrugated board comes in differing strengths and sizes depending upon the requirements of the consumer. In single wall, a single flute is glued with cardboard paper, whereas in double wall ply two flutes are glued together along with a middle or intermediate sheet of paper. In tri-wall ply another sheet of flute and cardboard paper is added thus increasing the overall strength of the packing.
Crucial Market Segment details-:
By Type (Single Faced, Single Wall, Twin Wall, Triple Wall),
Applications (Personal & Home Care, Glassware & Ceramics, Food & Beverages, Paper Products, Textile Goods, Others),
End-User (Food & Beverage, Electronics & Electrical Industry, Others),
Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2026
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Market Drivers:
Biodegradable nature of the materials used in the packaging amid concerns regarding the nature and environment is expected to act as a driver to the market growth
Growing rate in preferences of consumption of convenience foods which holds the highest application area for corrugated board packaging is expected to act as a driver for the market growth
Market Restraints:
Lower strength and lack of rigidity if faced with high pressure or load is expected to act as a restraint to the market growth
What are the Recent Development of the Market?
In February 2018, Thai Containers Group Co. Ltd.; joint venture between Rengo Co.Ltd. and SCG PACKAGING announced that they had completed the acquisition of 25% stake in Dyna Packs Co. Ltd. and Orient Containers Co. Ltd. and have been made into wholly owned subsidiaries of Thai Containers Group Co. Ltd.
In August 2017, Cascades inc. announced that they are planning to construct a new containerboard packaging production plant situated in New Jersey, United States. The investment amounting up to USD 80 million will help expand the total production capacity of corrugated packaging products up to 2.4 billion square feet
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Strategic Points Covered in Table of Content of Corrugated Board Packaging Market:
Chapter 1: Introduction, Definition, Specifications, Classification and Scope the Corrugated Board Packaging market 2019
Chapter 2: Exclusive Summery like Industry chain structure, Manufacturer cost structure, suppliers, etc
Chapter 3: Displays Trends, Drivers and Challenges of the Corrugated Board Packaging market
Chapter 4: By the study of SWOT analysis it displays sales analysis, investment analysis, market analysis, etc
Chapter 5: It evaluates the market by segments, by countries and by manufacturers with revenue, share and sales by key countries in these various regions.
Chapter 6: Evaluate the leading manufacturers of the Global Corrugated Board Packaging market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: Corrugated Board Packaging Research Findings and Conclusion, Appendix, system and information source
Read Complete Details with TOC @https://www.databridgemarketresearch.com/toc/?dbmr=global-corrugated-board-packaging-market
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