Coated Duplex Board Market Profiles: Segment Size, Growth, and Trends Forecast (2024-2031) - Nine Dragons Paper Group, Venkraft Paper Mills Private Limited, West Coast Paper Mills

Coated Duplex Board Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Coated Duplex Board market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Coated Duplex Board market from 2024 to 2031, and what is the market value expected to change by 2031?

The Global Coated Duplex Board Market reached USD 1.1 billion in 2022 and is expected to reach USD 2.3 billion by 2031, growing with a CAGR of 10.5% during the forecast period 2024-2031

What is Coated Duplex Board Market?

Coated duplex board is a type of paperboard that features two layers, typically made from recycled paper pulp, with a smooth, coated surface on one side. This coating enhances its durability, printability, and visual appeal, making it ideal for packaging applications such as boxes, cartons, and other display materials. The coating can be made from materials like kaolin or china clay to improve brightness and surface finish, making it suitable for high-quality printing. Coated duplex boards are commonly used in industries like food packaging, pharmaceuticals, and consumer goods.

Growth Driver

E-commerce Growth Drives Demand for Coated Duplex Board

E-commerce involves shipping products directly to consumers, making durable and protective packaging materials essential. Coated duplex board provides the strength and rigidity needed to protect products during transit. The surge in online shopping has significantly increased the demand for coated duplex boards in packaging.

E-commerce companies aim to enhance the customer experience through memorable unboxing moments. Coated duplex boards offer a smooth, printable surface, enabling companies to display branding elements, graphics, and product details. This not only improves customer satisfaction but also strengthens brand recognition.

Key Players:

Profiles of some of the major players in the global Coated Duplex Board market, which include:

Nine Dragons Paper Group, Venkraft Paper Mills Private Limited, West Coast Paper Mills, Mayr-Melnhof Karton AG, Graphic Packaging International, LLC, Kartonfabrik Buchmann GmbH, Zhejiang Chunsheng Paper Co., Ltd., Fiskeby Board AB, Elliott Baxter, and Pulp Mill Holding.

Industry Development:

On April 6, 2023, Dongguan Jianhui Paper Co., Ltd. successfully installed the world's first TwinFlo Prime refiner as part of a new mechanical pulping line from Andritz. The newly developed TwinFlo Prime enhances pulp flow to each refining zone through improved refining gap adjustment, leading to longer-lasting refiner plates and reduced maintenance needs due to decreased wear.

On February 9, 2021, Venkraft Paper Mills introduced innovative coated duplex board products with enhanced printability and surface quality. These products cater to evolving packaging needs across industries such as food and beverages, cosmetics, and consumer goods.

In 2019, Nine Dragons Paper Group strengthened its position in the coated duplex board market through strategic acquisitions of mills in the U.S., Canada, and Europe. These moves expanded the company's international presence and diversified its product offerings.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Coated Duplex Board market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

By Application: Shoe, Food & Beverages, Pharmaceuticals, Industrial, Consumer Electronics, Cosmetics, Household Goods, Others

By Type: Kraft Board, White Board

By Thickness: Up to 250 GSM, 250 to 500 GSM, 500 to 750 GSM, 750 to 1000 GSM, Above 1000 GSM

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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