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Surge In Food And Beverage Industry Demand Propels Recycled White Lined Chipboard Market Growth Driving Market Acceleration in the Recycled White Lined Chipboard Industry, 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Recycled White Lined Chipboard Market Size By 2025?
In recent times, there has been a notable expansion in the market of recycled white lined chipboard. Its market size, which stood at $1.08 billion in 2024, is predicted to reach $1.23 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 14.3%. The factors that have contributed to this growth in the historical period involve the increase in demand for high-grade, eco-friendly products, a surge in the need for sustainable packaging, acceleration of e-commerce and online retail, government policy intervention and regulations promoting recycling, and an increase in awareness regarding the advantages of using recycled materials.
How Big Is the Recycled White Lined Chipboard Market Size Expected to Grow by 2029?
Rapid expansion is anticipated in the market size of recycled white lined chipboard in the coming years, with projections showing growth to $2.08 billion in 2029 at a compound annual growth rate (CAGR) of 14.0%. This growth over the forecast period could be due to increasing environmental sustainability and conservation awareness, the shift towards sustainable packaging in the food and beverage industry, a rise in demand from packaging and printing sectors, growing consumer preference for eco-friendly products, and a boost in various end-use sectors. Key trends for this period encompass advancements in the production of superior quality chemicals, regulations set by the government and industry standards, introduction of new products, utilising new technologies to bolster product range, and developments in recycling technology to enhance cost-effectiveness.
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Which Key Market Drivers Powering Recycled White Lined Chipboard Market Expansion and Growth?
The recycled white-lined chipboard market is set to grow, fueled by the escalating demand from the food and beverages industry. The business sector involved in the production, processing, and sales of food and drinks for human needs is experiencing a surge in demand for recycled white-lined chipboards. The growth in demand is linked to sustainability needs, consumer tastes, brand reputation, and corporate accountability. Constituting a sustainable, affordable, and adaptable packaging answer, recycled white-lined chipboard aligns with the food and beverage sector's aims of lessening environmental harm and meeting the consumer need for eco-friendly merchandise. For example, as per reports issued by the US Department of Agriculture in November 2024, a U.S. based body, U.S. families spent about 12.9% of their total spending on food in 2023, marginally higher from 12.8% in the previous year. Consequently, the rising demand from the food and beverages sector is propelling the recycled white-lined chipboard market's expansion.
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Which Fast-Growing Trends Are Poised to Disrupt the Recycled White Lined Chipboard Market?
Major players in the recycled white-lined chipboard industry are aiming to develop revolutionary chipboard materials such as recycled end-of-life composite, in response to the escalating demand for eco-friendly packaging solutions. Recycled end-of-life (EOL) composites are composite materials that are repurposed into fresh materials or products once they have served their original purpose. An instance of this is Anmet's launch in March 2023. Anmet, a firm based in Poland that creates chipboard panels, brought forth chipboard panels using their exclusive process of shredding and manufacturing for creating chipboards as wood substitutes from recycled end-of-life (EOL) composites. These panels have several benefits compared to regular chipboard plates as they leverage an innovative recycling solution to transform wind turbine blades and other composites into high-quality, sustainable chipboards utilised in construction. Furthermore, they eliminate the need for a drying process during manufacturing that wood chips require and thereby, help in decreasing wood usage.
What Are the Emerging Segments in the Recycled White Lined Chipboard Market?
The recycled white lined chipboard market covered in this report is segmented -
1) By Type: Waste Paper Type, Recycled Fibers 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
Subsegments:
1) By Waste Paper Type: Old Corrugated Containers (OCC), Mixed Paper, Office Waste Paper
2) By Recycled Fibers Type: Post-Consumer Recycled Fibers, Pre-Consumer Recycled Fibers
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Who Are the Global Leaders in the Recycled White Lined Chipboard Market?
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
Which are the Top Profitable Regional Markets for the Recycled White Lined Chipboard Industry?
Asia-Pacific was the largest region in the recycled white lined chipboard market in 2024. The regions covered in the recycled white lined chipboard market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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