PUBLISHER: Allied Market Research | PRODUCT CODE: 1140269
PUBLISHER: Allied Market Research | PRODUCT CODE: 1140269
The global paperboard container market size was valued at $135,481.0 million in 2021, and is projected to reach $207,396.1 million by 2031, registering a CAGR of 4.3% from 2022 to 2031. The paperboard is defined by the thickness of the paper piles; it is often greater than paper to preserve the weight-to-area ratio. For example, the weight must be 224g/m2 for the International Organization for Standardization to classify it as paperboard. Paper layers or wood pulp are used to make paperboards. Paperboard creates a great information carrier and brand builder, since it has a superb printing surface and outstanding print quality.
In addition, the cosmetics, apparel, footwear, and food sectors, all use paperboard for packaging the products. Paperboard is a durable, light-weight, smooth, adaptable, and reasonably priced packaging material. Paperboards can be recycled to a degree of around 70%, which makes them superior than plastics, metals, and glassware as sustainable packaging materials. Moreover, consumers choose paper and paperboard containers over plastic since they are now biodegradable and more environmentally friendly. Containers made of paper and paperboard are reusable, recyclable, energy-efficient, and protect natural resources. As a result, all such factors are driving the paperboard container market growth.
Various key players are implementing strategic moves such as collaboration, product launch and business expansion to strengthen its market position. For instance, in November 2021, Oji Holdings Corporation announced the establishment of a new corrugated container plant in Vietnam. This has further helped the company to increase its production volume of corrugated boxes in the Asia-Pacific region. This is anticipated to fuel the global paperboard container market.
The market is segmented on the basis of board type, size, end user, and region. On the basis of board type, the market is divided into paperboard and containerboard. On the basis of size, the market is divided into up to 150 ml, 151 ml to 300 ml, 301 ml to 500 ml, and above 500 ml. On the basis of end users, the market is divided into food and beverages, industrial product, healthcare, and others. Region-wise, the global paperboard container market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Competition Analysis
The key players that operating in the paperboard container industry are Amcor Plc, Cascades, DS Smith Plc, Evergreen Packaging LLC, International Paper, Keystone Folding Box, Metsa Board, Mondi Plc, Nampak Products Ltd., Nippon Paper Industries Co. Ltd., Nine Dragons Paper (Holdings), Oji Fibre Solutions (NZ) Ltd., Sappi, Stora Enso, Smurfit Kappa Group Plc., Svenska Cellulosa Aktiebolaget (SCA), and Westrock
Key Benefits For Stakeholders
Key Market Segments
By Size
By End-user
By Board Type
By Region