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Paperboard Container Market Growth, Opportunity and Forecast, 2031 Upsurge to Reach $207.40 bn

12-20-2023 09:16 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

The paperboard container market size was valued at $135.48 billion in 2021, and is estimated to reach $207.40 billion by 2031, growing at a CAGR of 4.3% from 2022 to 2031.

The global paperboard container market is poised for growth, driven by the increasing demand for paperboard container packaging across vital end-use sectors such as food and beverages, healthcare, industrial products, and more. The food and beverages as well as healthcare industries in emerging nations are expected to experience significant growth due to the expanding global population, consequently leading to an increased need for paperboard container packaging.

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Moreover, paperboard-based packaging presents an economical and lightweight solution that provides adequate protection for various items. This category of packaging encompasses shipping sacks, paperboard, containerboard, and paper bags.

Containerboard, crafted from cardboard, is available in diverse grades with specific qualities that make it ideal for packaging cereals, cosmetic items, and medications. Multi-wall paper bags, commonly known as shipping sacks, are commonly employed for transporting large goods.

Segmentation Based On:

By End-user
Food and beverages
Industrial products
Healthcare
Others

By Board Type
Paperboard
Containerboard

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Top Players:
Westrock, International Paper, Oji Fibre Solutions, Sappi, Cascades, Nampak Products Ltd, Nippon Paper Industries Co. Ltd, Evergreen Packaging LLC, Meta Board, Mondi Plc, Svenska Cellulosa Aktiebolaget, DS Smith Plc, Amcor Plc, Stora Enso, Nine Dragons Paper, Keystone Folding Box, Smurfit Kappa Group Plc

Key Findings Of The Study
• The report provides an extensive analysis of the current and emerging global paperboard container market trends and dynamics.
• Depending on board type, the paperboard segment has dominated the market, in terms of revenue in 2021, and containerboard is projected to grow at a significant CAGR during the paperboard container market forecast period.
• By end users, the food and beverage segment has registered highest revenue in 2021.
• Asia-Pacific is projected to register the highest paperboard container market growth rate in the coming years.
• The key players within the global paperboard container market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the paperboard container industry.
• The report provides an extensive analysis of the current trends and emerging paperboard container market opportunities of the market.
• In-depth global paperboard container market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.

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About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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