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Cartonboard Market Size Predicted to Generate Huge Revenues in the Future | Packaging Corporation of America, Asia Pulp & Paper
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Global industries were impacted by the Russia-Ukraine War, which started in February 2022. There have been widespread announcements of strict travel restrictions over Ukrainian airspace. The market in 2022 has been damaged by the Russia-Ukraine War. The conflict between Russia and Ukraine raises defense spending and fortifies NATO nations' armed forces. Due to Russia's invasion, the majority of European nations have raised their defense budget. Germany earmarked USD 109 billion, which is more than the whole cost of the military in 2021, increasing its defense spending above 2% of GDP.
Moreover, consumers nowadays prefer products that are eco-friendly in nature and this is leading to a voluntary shift towards sustainable form of packaging for faster adoption of cartonboards in the market. Furthermore, the cartonboards can be recycled many times which reduces the overall wastage in the environment leading to faster adoption among governments who are actively taking steps to reduce the wastage in the environment.
The Covid-19 pandemic had a significant negative impact on the Global Cartonboard Market as there was a temporary suspension of the production units during the initial days of the lockdown. This led to disruptions in the production facilities and global supply chains as the manufacturers had to make certain adjustments to the volume of production because of the excess inventory left idle.
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Scope of the Report
The companies analysed in the report include Mayr-Melnhof Karton AG, Box-Pak, WestRock Company, WEIG Karton, Graphic Packaging Holding Company, International Paper Company, Packaging Corporation of America, Asia Pulp & Paper, Oji Holdings Corporation and Tetra Pak
The report presents the analysis of Cartonboard market for the historical period of 2017-2021 and the forecast period of 2022-2027.
The report analyses the Cartonboard Market by Value (USD Billion)
The report analyses the Cartonboard Market by Grade (SBS, URB, CRB, CUK)
The report analyses the Cartonboard Market by End-use (Food & Beverage Industry (Food and Beverages), Electronics, Healthcare, Cosmetics & Personal Care and Others)
The Global Cartonboard Market has been analysed By Region (North America, Europe, Asia Pacific and LAMEA).
The Global Cartonboard Market has been analysed By Country (United States, Canada, Germany, United Kingdom, France, Italy, China, Japan, India and South Korea).
The attractiveness of the market has been presented by Grade, By End-use and By Region.
Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
Key Target Audience
Cartonboard Manufacturers
Logistics Companies
Consulting and Advisory Firms
Government and Policy Makers
Regulatory Authorities
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The Cartonboard is paperboard that used for folding cartons and rigid set-up boxes and art creation.
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This report studies the global Cartonboard market status and forecast, categorizes the global Cartonboard market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).
The major manufacturers covered in this report
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