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Paperboard Packaging Market 2023 - Outlook, Demand Factor, Growth Rate, And Forecast To 2032
Paperboard Packaging Market
The Business Research Company's Paperboard Packaging Global Market Report 2023 identifies rising consumption of packaged food is expected to propel the growth of the paperboard packaging market. Packaged food usually requires paperboard packaging as it does not harm the food product. Paperboard folding cartons are used to package frozen foods, dry meals, milk products, and a variety of other items.
The global paperboard packaging market size grew from $192.19 billion in 2022 to $200.44 billion in 2023 at a compound annual growth rate (CAGR) of 4.3%. The market size of global paperboard packaging is expected to grow to $235.61 billion in 2027 at a CAGR of 4.1%.
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Major competitors in the paperboard packaging market are The International Paper Company, Mondi PLC., Nippon Paper Industries, ITC Limited, Stora Enso Oyj, Oji Holdings Corporation, DS Smith PLC., Smurfit Kappa Group plc, WestRock Company, Packaging Corporation of America, Cascades Inc., Metsa Board Oyj, Svenska Cellulosa Aktiebolaget (SCA), Amcor Ltd., and Clearwater Paper Corporation.
New product innovations have emerged as the key trend gaining popularity in the paperboard packaging market. The packaging industry is increasingly focusing on integrating smarter technologies into packaging for better safety in different terrains and conditions.
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The paperboard packaging market is segmented -
• By Type: Corrugated Box, Boxboard, Flexible Paper
• By Grade: Solid Bleached Sulfate (SBS), Coated unbleached kraft paperboard (CUK), White Lined Chipboard (WLC), Glassine & Greaseproof Paper, Label Paper, Other Grades
• By Raw Material: Fresh source, Recycled waste paper
• By End-User Industry: Food, Beverage, Healthcare, Personal Care, Household Care, Electrical Products, Other End-User Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the paperboard packaging market.
The Business Research Company's "Global Paperboard Packaging Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Paperboard Packaging Market Include:
1. Paperboard Packaging Market Executive Summary
2. Paperboard Packaging Market Segments
3. Paperboard Packaging Market Size And Paperboard Packaging Market Growth Rate
4. Key Paperboard Packaging Market Trends
5. Major Paperboard Packaging Market Drivers
……
25. Key Mergers And Acquisitions In The Paperboard Packaging Market
26. Top Paperboard Packaging Companies
27. Paperboard Packaging Market Opportunities And Strategies
28. Paperboard Packaging Market, Conclusions And Recommendations
29. Appendix
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