openPR Logo
Press release

In a world striving for sustainability, the Containerboard Market is leading the charge by transforming recycled materials into innovative packaging solutions that reduce our carbon footprint in the U.S., Canada, Germany, China, and Australia.

10-17-2024 01:58 PM CET | Industry, Real Estate & Construction

Press release from: Bonafide Research

The global containerboard market is anticipated to cross USD 180 Billion by 2029 with 3.82% CAGR by 2024-29.

The global containerboard market is anticipated to cross USD 180 Billion by 2029 with 3.82% CAGR by 2024-29.

In the ever-evolving world of packaging, the containerboard industry stands as a cornerstone, providing an essential material for the transportation and protection of goods. As the demand for efficient and sustainable packaging solutions continues to rise, containerboard often referred to as corrugated cardboard plays a crucial role in meeting the needs of industries worldwide. The origins of containerboard trace back to the late 19th century when corrugated paper was first patented. Early forms of corrugated cardboard were primarily used for packaging delicate items like eggs. According to the research report, "Global Containerboard Market Outlook, 2029" published by Bonafide Research, the market is anticipated to cross USD 180 Billion by 2029, increasing from USD 146.38 Billion in 2023. The market is expected to grow with 3.82% CAGR by 2024-29. One of the most significant trends in the containerboard industry is the push towards sustainability. With growing environmental awareness, manufacturers are focusing on using recycled fibers and adopting eco-friendly production processes. Many companies are also investing in technology to reduce water and energy consumption. The surge in online shopping has dramatically increased the demand for corrugated packaging. Containerboard's ability to provide custom sizes and shapes makes it ideal for e-commerce applications, where efficient and protective packaging is crucial. Advances in technology are leading to improved performance characteristics of containerboard. Innovations include enhanced strength-to-weight ratios, better resistance to moisture, and improved printability, which allows for more effective branding and consumer engagement.

For more insights: https://www.bonafideresearch.com/product/240799741/global-containerboard-market

Recycled paper's dominance in the containerboard market is driven by its dual advantages of cost savings and environmental sustainability. As the demand for containerboard increases, companies are seeking ways to reduce production costs and mitigate environmental impact. Recycled paper offers a significant cost advantage because it repurposes existing materials rather than relying on virgin pulp, which reduces raw material costs and the associated expenses of sourcing and processing new fibers. Additionally, the use of recycled paper aligns with growing environmental regulations and consumer expectations for sustainable practices. By incorporating recycled fibers, manufacturers can lower their carbon footprint, reduce waste, and contribute to a circular economy, where materials are reused rather than discarded. The food and beverage industry drives the containerboard market's growth primarily because it relies heavily on robust and adaptable packaging to ensure product integrity, freshness, and safety from production to consumption. This sector encompasses a wide range of products, including fruits and vegetables, processed foods, ready-to-eat meals, and poultry products, all of which require packaging that can withstand various handling and transportation challenges. Containerboard provides the ideal solution due to its strength, cushioning properties, and ability to be easily customized for different product sizes and shapes. Additionally, food and beverage products often require packaging that is not only protective but also compliant with stringent health and safety regulations, which containerboard effectively meets through its suitability for food-grade applications.

For more insights: https://www.bonafideresearch.com/product/6407997406/india-containerboard-market

The largest and the fastest-growing containerboard market is North America, with a strong e-commerce sector and a strong preference for environment friendly packaging materials. The US is leading the growth curve in demand, with a strong demand for corrugated boxes, specially in food and beverages. Organizations such as the Fiber Box Association initiated promotion campaigns to increase usage of corrugated packaging and enhance consumer acceptance and awareness. Containerboard in Europe is on the expansion way, though, at a slow pace compared to that in North America. The area has strict environmental regulations that encourage the use of recyclable materials. The two countries experiencing the most change have been Germany and the UK; the latter now observes increased investment in sustainable packaging solutions. The product development in manufacturing containerboard focuses on making these tougher while remaining environmentally friendly. The Asia-Pacific region is expected to deliver the greatest market contributions for containerboard, mainly due to rapid industrialization and urbanization. Among the major countries contributing to the market, the growth in retail sectors in developing countries of China and India has boosted their market contributions significantly due to growing demand for packaged goods. There is a vast need for efficient packaging solutions with the emergence of e-commerce products in these markets, thus fueling further demand for containerboard products. The South American containerboard market is growing gradually, and Brazil is the leading market in that region. There is an increasing demand for sustainable packaging solutions in order to bring the businesses to the level of compliance with environmental standards. However, it remains modest in its growth rate than the others due to economic fluctuation and indifferent levels of industrial development within individual countries. The Middle East and Africa are smaller regional segments of the global containerboard market but are growing steadily. Awareness regarding sustainable packaging is increasing in this region, driving demand. South Africa is moving gradually towards more eco-friendly packaging solutions, though economic instability and infrastructural problems will probably be a barrier for a fast growth pace.

For more insights: https://www.bonafideresearch.com/product/240799742/north-america-containerboard-market

The containerboard market has different unique opportunities and trends that are transforming its future. This need is because there has been a growing demand for green packaging choices preferred by both consumers and companies. As such, containerboard is recyclable and derived from renewable resources, which makes it similar to this trend, especially where e-commerce and food packaging have their supply chains. The surge in online shopping applications has rapidly increased the demand for corrugated boxes as the ultimate requirement for safe product shipment. Consequently, manufacturers are shifting their policy by upgrading the design and boosting the scale of production of corrugated boxes to match the logistics requirements of such online shopping applications. Advances in lightweight material become more relevant as well. Shipments in lightweight containerboard solutions to significantly decrease shipping costs. Increasingly, it is also a factor of reducing environmental impact. Technological innovations will have their marks as well. Introducing smart packaging technologies such as temperature control and active protection features to enhance product safety and monitoring provides new market opportunities. The Asia-Pacific region will lead with rapid industrialization and urbanization together with ever-growing new consumer spending on packaged goods. North America will be more on sustainable building materials with an escalating trend through construction activities. Additionally, the food and beverage industry is still amongst the key demand contributors for containerboard since companies are continuing to seek containers for safe transportation of products.

For more insights: https://www.bonafideresearch.com/product/240799744/asia-pacific-containerboard-market

Considered in this report
• Geography: Global
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Regions & Countries covered in the report:
• North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Spain, Italy, Russia)
• Asia-Pacific (China, Japan, India, Australia, South Korea)
• South America (Brazil, Argentina, Colombia)
• Middle-East & Africa (UAE, Saudi Arabia, South Africa)

Aspects covered in this report
• Global containerboard market with its value and forecast along with its segments
• Region & Country-wise containerboard market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Material
• Recycled Paper
• Virgin Fiber

By End-use
• Food & Beverage
• Cosmetics & Personal Care
• Pharmaceuticals
• Textile Industry
• Electrical & Electronics
• Others

For more insights: https://www.bonafideresearch.com/product/6407997404/china-containerboard-market

Contact us:
Steven Thomas - Sales & Marketing Manager
E-mail: sales@bonafideresearch.com
Asia-Pacific: +91 7878231309
Europe: +44 20 8089 0049
North America: +1 201 793 8545
https://www.bonafideresearch.com/

Bonafide Research is the fastest-growing global market research and consulting company, providing syndicated research reports, customized research reports, and consulting services to a range of verticals. Bonafide Research stands out as a contemporary market research company, renowned for its unparalleled resilience and integrated approach. With an extensive database of more than 19000 reports from 60 countries and expertise across 11 diverse industry domains and even assist the companies in spectrum of services, including designing their market assessment, market entry strategies, and consumer behavior analysis etc. Since last 10 years, we have served close to 1000+ clients and it includes fortune 500 companies across the globe. Bonafide has continuously made efforts to evolve and enhance the report quality with each passing day. Bonafide Research has a strong base of analysts and consultants from assorted areas of expertise who track the latest economic, demographic, trade, and market data globally and help clients make informed business decisions. They periodically update their market research studies to ensure that their clients get the most recent, relevant, actionable, and valuable information for strategy development and to extract tangible results.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release In a world striving for sustainability, the Containerboard Market is leading the charge by transforming recycled materials into innovative packaging solutions that reduce our carbon footprint in the U.S., Canada, Germany, China, and Australia. here

News-ID: 3698416 • Views:

More Releases from Bonafide Research

Transforming everyday routines into moments of elegance, the Faucet Market is reimagining water fixtures with designs that blend functionality and style, turning kitchens and bathrooms into chic retreats across the U.S., Germany, Italy, Japan, and the UK.
Transforming everyday routines into moments of elegance, the Faucet Market is re …
The faucet industry is a significant segment of the broader plumbing fixtures market, which plays a crucial role in residential, commercial, and industrial applications. From basic utilitarian models to sophisticated designs integrating advanced technologies, faucets have evolved tremendously over the years. The faucet industry is poised for continued growth, fueled by advancements in technology, a focus on sustainability, and the ongoing expansion of urban areas. As consumers become more conscious
At the heart of efficient water management, the Water Pump Market is innovating to provide reliable and energy-efficient solutions that ensure the lifeblood of agriculture and industry flows seamlessly in countries like the U.S., India, China, Australia,
At the heart of efficient water management, the Water Pump Market is innovating …
Water pumps are crucial devices used in various applications, from agriculture to residential settings, ensuring that water is efficiently moved from one location to another. Water pumps are crucial for maintaining an adequate water supply in various sectors, including residential, agricultural, industrial, and municipal applications. They help in distributing water efficiently, managing water pressure, and ensuring access to clean water. In agriculture, water pumps are essential for irrigation systems, helping
Merging education with exploration, the Agriculture Tourism Market invites curious travelers to immerse themselves in rural landscapes, fostering a deeper appreciation for farming and food production in the U.S., Australia, France, Brazil, and India.
Merging education with exploration, the Agriculture Tourism Market invites curio …
Agritourism, a fusion of agriculture and tourism, has rapidly emerged as a popular travel trend, offering a unique blend of rural charm and immersive experiences. This form of tourism invites visitors to experience the life of a farmer, understand sustainable agricultural practices, and enjoy the serene beauty of the countryside. As more travelers seek meaningful, eco-friendly vacations, agritourism has gained traction worldwide, providing benefits for both tourists and local communities.
Echoing through homes and concert halls alike, the Speaker Market is revolutionizing auditory experiences, blending cutting-edge technology with artistic design to deliver sound that captivates the soul in the U.S., Japan, Germany, the UK, and India.
Echoing through homes and concert halls alike, the Speaker Market is revolutioni …
In the ever-evolving world of technology, the speaker industry has undergone significant transformation, reflecting broader changes in consumer preferences, technological advancements, and market dynamics. From the classic bookshelf speakers to the modern smart speakers that double as home assistants, the industry has adapted to meet the diverse needs of its users. The journey of the speaker industry begins in the early 20th century with the advent of radio. The introduction

All 5 Releases


More Releases for America

Waterproof Labels Market Outlook, Supportive Judgments | SATO America, LANGGUTH …
Report Ocean recently published a new report on the Global Waterproof Labels Market. The study has an in-depth analysis of the forecast period from 2021-2025. The report reveals a comprehensive picture of the Waterproof Labels Market situation, taking into consideration all major trends, market dynamics, and competitive factors. Additionally, the report contains key statistics concerning the Waterproof Labels Market situation of the leading key players, key market trends, and potential
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Blow Molding Machinery Market Analysis Report, Regional Outlook - Europe, North …
Adroit Market Research has announced the addition of the “Global Blow Molding Machinery Market Size Status and Forecast 2025”, The report classifies the global Blow Molding Machinery in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Blow Molding Machinery Speaker market, analyzes and researches the Blow Molding Machinery Speaker development status and forecast in Europe,
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth
Epigenetics Market by End Users, and by Geography North America, Latin America, …
Increasing research to study the epigenetics of the genome (study called epigenomics) is expected to boost growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics
Spas and Beauty Salons Market - South America, Central America and North America …
Consumers’ changing perception towards personal care coupled with continuous strive to improve general well-being are generating a positive impact on the spas and beauty salons industry. Growing consumer need to improve personal appearance and well-being has increased the demand for wellness solutions. Spa centers and beauty salons, in order to meet the increasing demand for unique spa and beauty services, are constantly striving to improve their services by focusing on