Press release
Global Containerboard Market Size, Share - Industry Trend and Forecast 2016 - 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 are widely used because they provide a lightweight, strong, more durable and cost effective solution to the conventional packaging materials. It was estimated that
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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. Eco-friendly and recyclable product specification obtained due to containerboard are forcing manufacturers and industries to use corrugated boxes. On the other hand increasing use of plastic is restraining the global demand of containerboard industry. Increasing raw material cost as well as processing cost are considered to be the major restraints in global containerboard market.
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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.
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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.
On the basis of geography, the global containerboard market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA) and Latin America. Asia pacific is anticipated to be the largest producer as well as consumer by volume of containerboard. China is expected to be the leading consumer of global containerboard market primarily driven by large scale industrial and manufacturing practices. The Latin America is also considered to be the major player in global containerboard market. Europe is forecasted to show strong demand for containerboard in near future followed by Middle East and Africa.
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.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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