Press release
Global Containerboard Market Insights and Forecast to 2028
The Containerboard market was valued at USD 155920 million in 2022, and it is anticipated to reach USD 198430 million by 2028, registering a CAGR of about 4.1% during the forecast period (2022-2028). The rapid development of the e-commerce industry is also boosting growth, owing to the use of corrugated boxes in specific products to protect items from external stress. These sheets are used to make cardboards that are used in the packaging of medications, food, chemicals, and engineering goods. Since containerboard is made from recyclable material, it contributes to a lower carbon footprint and helps in meeting sustainable development goals.
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Containerboard (CCM or corrugated case material) is a type of paperboard specially manufactured for the production of corrugated boards. It includes both liner board and corrugating medium (or fluting), the two types of paper that make up the corrugated board.
Increasing e-commerce and export activity across the globe is expected to drive the containerboard market. The containerboard is stackable, can withstand top and side pressure, and is crush resistant. It is resistant to impact, drop, and vibration damage and can be customized for added security. Such a feature makes it the preferred packaging material for shipping everything from electronics to fragile glassware to perishable goods for industrial and residential.
Increasing emphasis on reducing shipping costs is expected to further propel the Containerboard market. Containerboard is relatively lightweight and can be broken down for easy transport. This allows for reducing shipping and transportation costs which decrease overall packaging and carriage costs.
Cosmetics, food and beverage, pharmaceutical, personal care, and other sectors are all seeing an increase in the demand for sustainable packaging. This is a significant contributor to the containerboard market's expansion. Containerboard is made from a renewable resource - recovered paper and trees that are replanted to ensure a sustainable supply.
The growing popularity of ready-to-eat frozen meals and convenience foods will boost the food and beverage industry's productivity, necessitating the use of more container boards for packaging and shipping. This in turn will fuel the containerboard market.
Containerboard Market, By Type
During 2017, the recycled containerboard market segment held the greatest proportion of the global market. According to this corrugated cardboard market research study, there will be a high demand for recycled packaging materials during the forecast period, and as a result, this sector will continue to dominate the market in the coming years.
Containerboard Market, By Application
The food and beverage industry is expected to be the most lucrative. The food and beverage industry requires corrugated boxes built from container boards for transportation and storage. This is due to features like hardness, stacking and vibration resistance, and the capacity to withstand crushing.
Containerboard Market, By Region
Based on region, North America is expected to be the most lucrative during the forecast period. The United States is a major exporter of containerboard, particularly corrugated containers around the world. In comparison to other regions, the cost of materials and manufacturing in the country is lower. The country's concern for sustainable development is also a factor for high containerboard manufacturing.
By Type
Linerboard
Corrugating Medium
By Application
Food & Beverage
Electronics & Home Appliance
Consumer Good
Medical and Pharmaceuticals
Chemical Industry
Other
This report includes the following manufacturers; we can also add the other companies as you want.
International Paper
Mondi
SCA
Westrock
Stora Enso
Sonoco Products
PCA
SAICA
Georgia-Pacific
DS Smith
Smurfit Kappa Group
Klabin
Heinzel Group
Greif
Daio Paper
Oji Holdings
Rengo
Nippon Paper
BillerudKorsnas
Pratt Industries
Cascades
Kruger Inc
Hamburger Containerboard
New Indy Containerboard
Grupo Zucamor
Nine Dragons Paper
Yuen Foong Yu Group
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
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SIMILAR REPORT
https://reports.valuates.com/reports/QYRE-Othe-0Q458/industrial-packaging
https://reports.valuates.com/reports/QYRE-Auto-1E1526/global-edible-packaging
https://reports.valuates.com/reports/QYRE-Auto-1E1526/global-edible-packaging
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