Press release
Global Recycled White Lined Chipboard Market 2024 - By Share, Size, Growth Analysis And Forecast To 2033
The new report published by The Business Research Company, titled ""Recycled White Lined Chipboard Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the recycled white lined chipboard market size has grown rapidly in recent years. It will grow from $0.93 billion in 2023 to $1.04 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The recycled white lined chipboard market size is expected to see rapid growth in the next few years. It will grow to $1.82 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%.
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Surge In Food And Beverage Industry Demand Propels Recycled White Lined Chipboard Market Growth
The increasing demand from the food and beverages industry is expected to propel the growth of the recycled white-lined chipboard market going forward. The food and beverages industry is the economy sector that produces, processes, and sells food and drinks for human consumption. The increasing demand for recycled white-lined chipboards from the food and beverages industry can be attributed to sustainability concerns, consumer preferences, brand image, and corporate responsibility. Recycled white-lined chipboard is a sustainable, cost-effective, and versatile packaging solution that aligns with the food and beverage industry's goals of reducing environmental impact and meeting consumer demand for eco-friendly products. For instance, in May 2021, according to the Australian Bureau of Statistics, an Australia-based government agency, sales of food and non-alcoholic drinks reached 15.1 million tons in 2021-2022, a significant increase from the 14.8 million metric tons sold in the previous fiscal year of 2020-21. Therefore, the increasing demand from the food and beverages industry is driving the growth of the recycled white-lined chipboard market.
Revolutionizing Sustainable Packaging Innovations In Recycled White Lined Chipboard Panels
Major companies operating in the recycled white-lined chipboard market are focused on developing innovative chipboard materials, such as recycled end-of-life composite, to meet the increasing demand for sustainable packaging solutions. Recycled end-of-life (EOL) composites are composite materials that have reached the end of their useful life in their original application. They are then processed and repurposed into new materials or products. For instance, in March 2023, Anmet, a Poland-based company that manufactures chipboard panels, launched chipboard panels using its patented shredding and manufacturing process for wood-replacement chipboards made from recycled end-of-life (EOL) composites. These panels offer several advantages over standard chipboard plates, using a new recycling solution to turn wind turbine blades and other composites into high-performance, sustainable chipboards for construction applications. Additionally, unlike wood chips, they don't require a drying process during manufacturing and help reduce wood consumption.
The recycled white lined chipboard market covered in this report is segmented -
1) By Type: Waste Paper Type, Recycled Fibres Type
2) By Thickness: Thin Board, Medium Board, Thick Board
3) By Application: Cereals And Dry Foods, Frozen Or Chilled Food, Shoes, Toys, Industrial, Car Spares, Electronics, Cosmetics, Household Goods, Other Applications
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Major companies operating in the recycled white lined chipboard market are WestRock Company, International Paper Company, Smurfit Kappa Group, DS Smith Plc, Stora Enso Oyj, Mondi Group, Graphic Packaging International LLC, Sonoco Products Company, Mayr-Melnhof Karton AG, Cascades Inc., Saica Group, Reno de Medici S.p.A., Walki Group, Kotkamills Oy, Dongguan Jianhui Paper Co. Ltd., Fiskeby Board AB, Elliott Baxter & Company Ltd (EBB Paper), Preston Board & Packaging Ltd., WEIG Karton Inc., Shanghai DE Printed Box, KappaStar, Kartonfabrik Buchmann GmbH
Contents of the report:
1. Executive Summary
2. Recycled White Lined Chipboard Market Report Structure
3. Recycled White Lined Chipboard Market Trends And Strategies
4. Recycled White Lined Chipboard Market - Macro Economic Scenario
5. Recycled White Lined Chipboard Market Size And Growth
…..
27. Recycled White Lined Chipboard Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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