Cartonboard Packaging Market Structure with Key Industry Players,

cartonboard packaging market

New York, according to a new market research report published by Global Insight Services, the cartonboard packaging market is expected to reach US$XX billion by 2031. The report includes in-depth segmentation and data on the market size by categories, product types, applications and geographies. The report also includes a comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, and recent events such as merger and acquisition activities in the market.

Boxboard packaging is a type of corrugated cardboard made up of two layers of cardboard, with a layer of corrugated cardboard in between. It is generally used to wrap products that are not too heavy or flimsy, such as cereal boxes, shoe boxes, and tissue boxes. Cardboard packaging is also recyclable.

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Key trends

There are a few key trends in cartonboard packaging technology. One is the move towards lighter boards. This is driven by the need to reduce packaging costs and environmental impact. Lighter boards use less raw material and result in less waste.

Another trend is the use of more recycled content in boxboard. This is also driven by cost and environmental concerns. Using recycled content reduces the demand for virgin wood pulp and also reduces the amount of waste sent to landfills.

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Key factors

The major drivers of the cartonboard packaging market are growing demand for packaging from the food and beverage industry, growing demand for e-commerce and growing environmental awareness.

The food and beverage industry is the largest end user of cartonboard packaging, accounting for over 50% of total demand. The growing demand for packaged food and beverages, owing to the hectic lifestyle of consumers, is the major driver of the market. Additionally, the growing demand for e-commerce is driving the demand for cartonboard packaging as it is used to package and ship products.

Growing environmental awareness is also a key market driver. Cardboard packaging is made from recycled paper and is 100% recyclable. This makes it an eco-friendly option for packaging, which is preferred by consumers and businesses.

Market segments

The cartonboard packaging market is segmented by material type, product type, end use, and region. By material type, the market is divided into coated unbleached kraft paperboard, bleached kraft paperboard and recycled kraft paperboard. Based on product type, it is divided into boxes, folding cartons, and tubes and cores. Based on end use, it is categorized into food and beverage, personal care and cosmetics, home care, pharmaceuticals, automotive, and others. Regionally, the market is divided into North America, Europe, Asia Pacific and Rest of the World.

Key players

The cartonboard packaging market includes players such as International Paper, Mayr-Melnhof Karton, Mondi, Nippon Paper Group, Metsa Board Oyj, Stora Enso, DS Smith, SMURFIT KAPPA, Sappi, and ITC Limited.

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Reasons for Buying Cardboard Packaging Market Report:

• Develop a comprehensive understanding of the market landscape – industry structure, value chain, key players, trends, drivers and challenges
• Drive revenue and market entry strategy by gaining insights into the most important and fastest growing segments and geographies
• Formulate sales and marketing strategies by gaining an understanding of competitors, their positioning and their strengths and weaknesses
• Develop business and M&A strategies by understanding the latest trends and emerging market players
• Refine your business plans by understanding the impact of disruptions such as Covid-19 and the Russian-Ukrainian conflict on the market

Contact us:

Global Insight Services LLC
16192 Coast Road, Lewes DE 19958
Email: [email protected]
Phone: +1-833-761-1700

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research company headquartered in Delaware, USA. We are committed to providing our clients with the highest quality data, analysis and tools to meet all of their market research needs. With GIS, you can be assured of quality deliverables, a robust and transparent research methodology, and superior service.

This press release was published on openPR.

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