Global Industry Analysis Of Containerboard Market 2024

Packaging is an integral part for any type of manufacturing industry where safe handling and shipment is a manufacturer’s priority. Hence corrugated boxes or containers are used to safely handle and ship the goods. Containerboard is used to manufacture containers and boxes.

Containerboard market is primarily driven by increasing industrial and manufacturing activities. Better transportation and shipment facilities made shipping between two points globally much more convenient and is anticipated to be a major driver in the containerboard market. The improved durability and strength of container boxes primarily due to high quality containerboards is providing manufactures and industries a better alternative. The improved commerce in various sales channels such as e-commerce where e-commerce enterprises primarily focus on safety and aesthetics of the packaging are anticipated drive the containerboard market where corrugated boxes or containers are used. The growing demand for lightweight and innovative packaging is also driving the global containerboard market.

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The global containerboard market is segmented on the basis of type, grades, application and geography. On the basis of type the global containerboard market is segmented into medium (the inner layer of the corrugated container) and Kraft linerboard (the outer lawyer of the corrugated container). On the basis of grades the global containerboards are segmented into the basis weights according to the various application purposes. Generally the grades are expressed in numbers ranging from 18- 90 according to the basis weight which vary for medium and Kraft linerboard. On the basis of application the global containerboard are classified according to automotive, food and beverages, industrial goods, electrical and electronics and others.

The opportunity for global containerboard market lies in introducing innovative solutions to the packaging industry. Strong, light weight and cost effective containerboards are anticipated to be the major opportunity criteria for the developing global containerboard market. Forming strategic tie-ups with container box producers to produce industry specific products to penetrate in new application sectors is considered to be a major opportunity for the global containerboard market.

Some of the key industry stakeholders in global containerboard markets are Greif, Packaging Corporation of America, BillerudKorsnäs AB, DS Smith, Pratt Industries, Inc., International Paper., Mondi, Smurfit Kappa Group, Svenska Cellulosa Aktiebolaget SCA, Klabin, Sonoco Products Company and others.

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