Press release
Double Packing Box Market 2021 Global Size, Status and Outlook 2021 - WestRock Company, Bell Incorporated, Amcor Ltd
The “Double Packing Box” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.“The Double Packing Box Market is predicted to register a CAGR of 5.65% over the forecast period 2021 – 2027.”
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Market Overview
Major factors driving the market studied are the growth in e-commerce sales and the increasing demand for folded carton packaging. However, the availability of high-performance substitutes is expected to hinder the growth of the market studied. Paperboard packaging is one of the most used eco-friendly packaging solutions. The ability of this format of packaging to be produced in many sizes with a small footprint, when compared to the other bulkier packaging options, makes it feasible for use in almost all end-user industries.
This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the Double Packing Box market within the upcoming years.
Double Packing Box market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.
The Double Packing Box market is often split supported product types, major applications, and important countries as follows:
Key Competitors of the Double Packing Box market is: The Mondi Group, International Paper Company, All Packaging Company, Smurfit Kappa Corporation Limited, WestRock Company, Bell Incorporated, Amcor Ltd
Major Types covered are:
Printed Double-Sided Box
Multicolor Duplex Box
Ordinary Duplex Box
Laminated Duplex Box
Major Applications covered are:
Food
Electronic
Cosmetic
Household Appliances
Other
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Key Market Trends
Increasing Demand from Food and Beverage
The food and beverage industry is the largest end-user for the paperboard packaging market and accounts for more than half of the global market share.
The food and beverage industry majorly utilizes coated unbleached boards for packaging of beverages, and corrugated container boards for packaging fruits, vegetables, and food products. The acceleration of frozen foods is likely to drive the demand for folding carton packaging.
Regional market Double Packing Box (regional production, demand and forecast by country):
United States to Witness Significant Growth Rate
North America continues to be one of the leading markets for paperboard packaging products with a host of players operating in the country. In 2018 alone, paper and paperboard consumption in North America reached 74.21 million metric tons. This is according to data released by FAO and UNECE.
The United States dominates the folding carton packaging market in the North American region, where food is expected to continue as the primary end-user of folding cartons. For instance, according to the Association for Packaging and Processing Technologies, the US food industry is expected to proliferate at a steady rate of 2.9% CAGR through 2022.
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.
The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.
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Recent Developments
January 2021 - DS Smith, has just installed an EFI Nozomi C18000 Plus digital printer at its Lisbon plant. The new device will allow 100% customized, sustainable packaging to be supplied with photographic printing quality and shorter delivery times, as well as changes of the image within the same order. This new device means DS Smith will be able to expand its offer to customers in Portugal and Spain.
September 2020 - Oji Holdings Corporation announced a partnership with Ishizuka Glass Co. Ltd, for paper container-related business. This partnership is in the form of a joint venture keeping in view the large demand for non-plastic packaging.
Report Features:
To project the worth and sales volume of the Double Packing Box market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global Double Packing Box market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the Double Packing Box market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).
Report Customization:
The Global Double Packing Box Market report may be modified to meet your specific business needs. Because we understand what our clients want, we offer 25% customization for any of our MarketIntelligenceData reports at no additional cost to all or any of our clients.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
About Us:
Market intelligence data could also be a worldwide front-runner within the research industry, offering contextual and data-driven research services to customers. Customers are supported in developing commercial enterprise plans and reaching long-time period achievement of their respective marketplaces through the organization. The enterprise offers consulting services, Market Intelligence Data studies, and customized studies reports.
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