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From a total value of USD 126.69 billion in 2022, the worldwide containerboard market is expected to reach USD 129.79 billion in 2023 and USD 153.52 billion in 2030, expanding at a CAGR of 3.4% between 2023 and 2030. Demand has been more than expected in all regions since the start of the global COVID-19 pandemic, which is unusual and shocking.
Corrugated boxes are almost entirely made up of containerboards. Corrugated boxes are in high demand because they are ideal for storing and transporting a wide variety of things, including food and drink, glassware, chemicals, electronics, and consumer goods. The expansion of the food and beverage sector has led to increased demand around the world. Consumers' shifting preferences and the convenience of ready-to-eat, frozen, and packaged meals have fueled the expansion of the food and beverage market. As a result, demand for containerboard has increased. The use of corrugated boxes tailored to individual products to prevent damage during shipping and ensure secure delivery is another factor in the brisk expansion of the e-commerce sector. Government controls on the extraction of raw minerals are severely limiting market expansion. Producing virgin containerboards requires using virgin wood fiber, which adds to pollution levels in the environment. These boards are more expensive since their production requires the use of scarce natural resources and results in the release of harmful greenhouse emissions. The government's restrictions on tree felling are also limiting business expansion. As a result, the aforementioned elements can slow the expansion of the market.
Growing industrial and manufacturing activities are the primary drivers of the containerboard industry. The increased convenience of shipping between any two points in the world is anticipated to be a major factor propelling the containerboard industry. Because of remarkable containerboards, the durability and quality of compartment boxes has increased, providing a better option for manufacturers and businesses. It is expected that the containerboard market, which includes the use of folded boxes or holders, would grow as a result of the increased business in various sales channels, such as online company, where web based business undertakings primarily focus on the health and feel of the packaging.
The global containerboard industry is expanding as more people seek out lightweight and novel packaging options. Manufacturers and businesses are influenced to employ folded boxes because of the eco-friendliness and recyclable product specific achieved through containerboard. However, rising plastic usage is stifling the demand for containerboard around the world. The growth in the price of crude materials and the expense of shipping and handling are seen as the main obstacles in the global containerboard market.
Since the pandemic broke out in late 2019, many countries have placed limits on the distribution and transit of raw materials, which has impacted the value chain of the containerboard market. For starters, major production countries were on lockdown, which meant there would be a shortage of the product for the first half of 2020 at the earliest. This factor hampered the companies' production capacities because of a lack of workers and a scarcity of raw materials as a result of the disrupted supply chain. A severe lockout has also prevented people from collecting carton boards for recycling, which has interrupted recycling efforts. The demand for corrugated packing increased, however, as online shopping became more popular during the pandemic.
Almost all corrugated boxes, which are used for shipping and storing everything from food and drink to chemicals and glassware to consumer goods and electronics, are made from containerboards. The global food and beverage sector's rapid growth has fueled increased demand. Growth in the food and beverage business can be attributed to consumers' changing preferences and the rise of convenience foods like frozen dinners, microwaveable meals, and pre-packaged snacks. In addition, the use of product-specific packaging to keep things safe from external stress is accelerating expansion as a result of the rapid development of e-commerce platforms.
The government's strict limitations on the utilization of natural resources are the main factor preventing the market from expanding. Using virgin wood fiber in the production of virgin containerboards adds to environmental stress. Creating these circuit boards requires extensive use of natural resources and results in detrimental greenhouse gas emissions, driving up the ultimate price. The regulatory rules imposed on the tree-cutting are also hindering the industry expansion. Thus, the aforementioned factors are preventing the market from expanding.
Report Coverage
Global Containerboard research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Containerboard report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Containerboard competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Containerboard market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Containerboard market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Containerboard market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Svenska Cellulosa AB, Klabin, Cheng Loong Corporation, The Smurfit Kappa Group plc., International Paper, Packaging Corporation of America, Mondi PLC, Cascade Inc., Georgia Pacific LLC, Stora Enso
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Containerboard market based on the below-mentioned segments:
Global Containerboard Market, By Material
Virgin
Recycled
Global Containerboard Market, By End User
Food & Beverage
Personal Care & Cosmetics
Industrial
Others
Global Containerboard market, Regional Analysis
Corrugated boxes are almost entirely made up of containerboards. Corrugated boxes are in high demand because they are ideal for storing and transporting a wide variety of things, including food and drink, glassware, chemicals, electronics, and consumer goods. The expansion of the food and beverage sector has led to increased demand around the world. Consumers' shifting preferences and the convenience of ready-to-eat, frozen, and packaged meals have fueled the expansion of the food and beverage market. As a result, demand for containerboard has increased. The use of corrugated boxes tailored to individual products to prevent damage during shipping and ensure secure delivery is another factor in the brisk expansion of the e-commerce sector. Government controls on the extraction of raw minerals are severely limiting market expansion. Producing virgin containerboards requires using virgin wood fiber, which adds to pollution levels in the environment. These boards are more expensive since their production requires the use of scarce natural resources and results in the release of harmful greenhouse emissions. The government's restrictions on tree felling are also limiting business expansion. As a result, the aforementioned elements can slow the expansion of the market.
Growing industrial and manufacturing activities are the primary drivers of the containerboard industry. The increased convenience of shipping between any two points in the world is anticipated to be a major factor propelling the containerboard industry. Because of remarkable containerboards, the durability and quality of compartment boxes has increased, providing a better option for manufacturers and businesses. It is expected that the containerboard market, which includes the use of folded boxes or holders, would grow as a result of the increased business in various sales channels, such as online company, where web based business undertakings primarily focus on the health and feel of the packaging.
The global containerboard industry is expanding as more people seek out lightweight and novel packaging options. Manufacturers and businesses are influenced to employ folded boxes because of the eco-friendliness and recyclable product specific achieved through containerboard. However, rising plastic usage is stifling the demand for containerboard around the world. The growth in the price of crude materials and the expense of shipping and handling are seen as the main obstacles in the global containerboard market.
Since the pandemic broke out in late 2019, many countries have placed limits on the distribution and transit of raw materials, which has impacted the value chain of the containerboard market. For starters, major production countries were on lockdown, which meant there would be a shortage of the product for the first half of 2020 at the earliest. This factor hampered the companies' production capacities because of a lack of workers and a scarcity of raw materials as a result of the disrupted supply chain. A severe lockout has also prevented people from collecting carton boards for recycling, which has interrupted recycling efforts. The demand for corrugated packing increased, however, as online shopping became more popular during the pandemic.
Almost all corrugated boxes, which are used for shipping and storing everything from food and drink to chemicals and glassware to consumer goods and electronics, are made from containerboards. The global food and beverage sector's rapid growth has fueled increased demand. Growth in the food and beverage business can be attributed to consumers' changing preferences and the rise of convenience foods like frozen dinners, microwaveable meals, and pre-packaged snacks. In addition, the use of product-specific packaging to keep things safe from external stress is accelerating expansion as a result of the rapid development of e-commerce platforms.
The government's strict limitations on the utilization of natural resources are the main factor preventing the market from expanding. Using virgin wood fiber in the production of virgin containerboards adds to environmental stress. Creating these circuit boards requires extensive use of natural resources and results in detrimental greenhouse gas emissions, driving up the ultimate price. The regulatory rules imposed on the tree-cutting are also hindering the industry expansion. Thus, the aforementioned factors are preventing the market from expanding.
Report Coverage
Global Containerboard research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Containerboard report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Containerboard competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Containerboard market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Svenska Cellulosa AB, Klabin, Cheng Loong Corporation, The Smurfit Kappa Group plc., International Paper, Packaging Corporation of America, Mondi PLC, Cascade Inc., Georgia Pacific LLC, Stora Enso |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Containerboard Market from 2021 to 2030.
- Market Forecast for Containerboard Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Containerboard competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Containerboard
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Containerboard market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Containerboard market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Svenska Cellulosa AB, Klabin, Cheng Loong Corporation, The Smurfit Kappa Group plc., International Paper, Packaging Corporation of America, Mondi PLC, Cascade Inc., Georgia Pacific LLC, Stora Enso
Primary Target Market
- Market Players of Containerboard
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Containerboard market based on the below-mentioned segments:
Global Containerboard Market, By Material
Virgin
Recycled
Global Containerboard Market, By End User
Food & Beverage
Personal Care & Cosmetics
Industrial
Others
Global Containerboard market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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