Containerboard Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Containerboard Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Containerboard Market
The global containerboard market size was valued at USD 132.88 billion in 2023 and is projected to grow from USD 136.11 billion in 2024 to USD 165.02 billion by 2032, exhibiting a CAGR of 2.44% during the forecast period.
The pandemic substantially impacted the containerboard market, leading to fluctuations in demand and delivery chains. With elevated e-commerce sports, the call surged initially, but production and logistics disruptions later brought challenges. However, the market adapted, specializing in resilience and innovation to navigate the uncertainties, albeit with various effects throughout regions and segments, impeding the rise of containerboard market growth.
Elements including increasing e-commerce activities, rising demand for sustainable packaging answers, and growth inside the meals and beverage industry drive the containerboard market's growth. Additionally, advancements in era and innovation and the need for green logistics and transportation contribute to market enlargement, increasing containerboard market share.
Fueled by the e-commerce surge and a developing green conscience, the containerboard market is on a regular upward trajectory. Manufacturers are innovating with lighter but sturdy containerboard grades, leading to decreased transportation fees and a smaller environmental footprint. This eco-friendly method, coupled with advancements in virtual printing for on-call customization and automation for performance, is propelling market growth. With its thriving online shopping scene, the Asia Pacific area is predicted to be a pacesetter on this upward push, pushed by the ever-increasing call for long-lasting and sustainable packaging solutions.
Comprehensive Analysis of Containerboard Market
In the containerboard market, segmentation plays a pivotal role in the knowledge of the numerous elements driving its boom. Recycled containerboard, pushed via increasing preference from stop-users and call for green packaging solutions, leads the market in material analysis. In the quit-person section, the food & beverage industry dominates because of the need for corrugated containers for transportation and storage. Containerboards' longevity and resistance residences reduce transport prices, fueling their adoption. Additionally, the private care & cosmetics section is witnessing a boom due to the protecting features of paperboards during transportation, emphasizing the market's numerous applications and possibilities for expansion.
The Asia Pacific region led the medical devices market by benefitting a size of USD 59.06 billion in 2023 due to the rapid industrialization of sports and the extended choice of purchasers for prepared-to-make and packaged ingredients & liquids because of busy lifestyles.
The key players in the containerboard market significantly influence its growth trajectory and set industry standards. These industry leaders, including Mondi Group (U.K.), SCG PACKAGING PUBLIC COMPANY LIMITED (Thailand), DS Smith (U.K.), Lee & Man Paper Manufacturing Ltd. (China), Smurfit Kappa (Ireland), International Paper (U.S.), Oji Fibre Solutions (NZ) Ltd. (Australia), WestRock Company (U.S.), Rengo Co., Ltd. (Japan), Georgia-Pacific LLC (U.S.), Hamburger Containerboard (Austria), Nine Dragons Paper (Holdings) Limited (Hong Kong), and Stora Enso (Finland), shape a competitive landscape marked by innovation and market advancement.
In August 2023, Billerud unveiled robust-coated white top kraftliners in the U.S. Marketplace. This launch guarantees extensive enhancements in sustainability and cost-effectiveness for packaging converters and brand proprietors alike. It enhances aid performance and diminishes carbon emissions across the price chain.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 2.44% from 2024 to 2032
Unit Value (USD billion), Volume (Million ton)
Segmentation By Material
- Virgin
- Recycled
By End-User
- Food & Beverage
- Personal Care & Cosmetics
- Industrial
- Others
By Geography
- North America (By Material, By End-User, By Country)
U.S.
Canada
Mexico
- Europe (By Material, By End-User, By Country)
Germany
France
U.K.
Italy
Spain
Russia
Rest of Europe
- Asia Pacific (By Material, By End-User, By Country)
China
Japan
India
South Korea
Indonesia
Rest of Asia Pacific
- Latin America (By Material, By End-User, By Country)
Brazil
Argentina
Mexico
Rest of Latin America
- Middle East & Africa (By Material, By End-User, By Country)
GCC
Rest of Middle East & Africa
Table of Contents
199 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
- 4.3. Latest Technological Advancement
- 4.4. Insights on Regulatory Scenario
- 4.5. Porters Five Forces Analysis
- 4.6. Impact of COVID-19 on Global Containerboard Market
- 5. Global Containerboard Market Analysis, Insights and Forecast, 2019-2032
- 5.1. Key Findings / Summary
- 5.2. By Material (Volume/Value)
- 5.2.1. Virgin
- 5.2.2. Recycled
- 5.3. By End-Use (Volume/Value)
- 5.3.1. Food & Beverage
- 5.3.2. Personal Care & Cosmetics
- 5.3.3. Industrial
- 5.3.4. Others
- 5.4. By Region (Volume/Value)
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America Containerboard Market Analysis, Insights and Forecast, 2019-2032
- 6.1. Key Findings / Summary
- 6.2. By Material (Volume/Value)
- 6.2.1. Virgin
- 6.2.2. Recycled
- 6.3. By End-Use (Volume/Value)
- 6.3.1. Food & Beverage
- 6.3.2. Personal Care & Cosmetics
- 6.3.3. Industrial
- 6.3.4. Others
- 6.4. By Country (Volume/Value)
- 6.4.1. U.S.
- 6.4.2. Canada
- 7. Europe Containerboard Market Analysis, Insights and Forecast, 2019-2032
- 7.1. Key Findings / Summary
- 7.2. By Material (Volume/Value)
- 7.2.1. Virgin
- 7.2.2. Recycled
- 7.3. By End-Use (Volume/Value)
- 7.3.1. Food & Beverage
- 7.3.2. Personal Care & Cosmetics
- 7.3.3. Industrial
- 7.3.4. Others
- 7.4. By Country (Volume/Value)
- 7.4.1. Germany
- 7.4.2. UK
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
- 8. Asia-Pacific Containerboard Market Analysis, Insights and Forecast, 2019-2032
- 8.1. Key Findings / Summary
- 8.2. By Material (Volume/Value)
- 8.2.1. Virgin
- 8.2.2. Recycled
- 8.3. By End-Use (Volume/Value)
- 8.3.1. Food & Beverage
- 8.3.2. Personal Care & Cosmetics
- 8.3.3. Industrial
- 8.3.4. Others
- 8.4. By Country (Volume/Value)
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. South Korea
- 8.4.5. Indonesia
- 8.4.6. Rest of Asia Pacific
- 9. Latin America Containerboard Market Analysis, Insights and Forecast, 2019-2032
- 9.1. Key Findings / Summary
- 9.2. By Material (Volume/Value)
- 9.2.1. Virgin
- 9.2.2. Recycled
- 9.3. By End-Use (Volume/Value)
- 9.3.1. Food & Beverage
- 9.3.2. Personal Care & Cosmetics
- 9.3.3. Industrial
- 9.3.4. Others
- 9.4. By Country (Volume/Value)
- 9.4.1. Brazil
- 9.4.2. Argentina
- 9.4.3. Mexico
- 9.4.4. Rest of Latin America
- 10. Middle East & Africa Containerboard Market Analysis, Insights and Forecast, 2019-2032
- 10.1. Key Findings / Summary
- 10.2. By Material (Volume/Value)
- 10.2.1. Virgin
- 10.2.2. Recycled
- 10.3. By End-Use (Volume/Value)
- 10.3.1. Food & Beverage
- 10.3.2. Personal Care & Cosmetics
- 10.3.3. Industrial
- 10.3.4. Others
- 10.4. By Country (Volume/Value)
- 10.4.1. GCC
- 10.4.2. Rest of Middle East & Africa
- 11. Company Profiles
- 11.1. Mondi Group
- 11.1.1. Overview
- 11.1.2. Description
- 11.1.3. Material Portfolio
- 11.1.4. Financials (As per Availaibity)
- 11.1.5. Recent Developments
- 11.2. SCG PACKAGING PUBLIC COMPANY LIMITED
- 11.2.1. Overview
- 11.2.2. Description
- 11.2.3. Material Portfolio
- 11.2.4. Financials (As per Availaibity)
- 11.2.5. Recent Developments
- 11.3. DS Smith
- 11.3.1. Overview
- 11.3.2. Description
- 11.3.3. Material Portfolio
- 11.3.4. Financials (As per Availaibity)
- 11.3.5. Recent Developments
- 11.4. Lee & Man Paper Manufacturing Ltd.
- 11.4.1. Overview
- 11.4.2. Description
- 11.4.3. Material Portfolio
- 11.4.4. Financials (As per Availaibity)
- 11.4.5. Recent Developments
- 11.5. Smurfit Kappa
- 11.5.1. Overview
- 11.5.2. Description
- 11.5.3. Material Portfolio
- 11.5.4. Financials (As per Availaibity)
- 11.5.5. Recent Developments
- 11.6. International Paper
- 11.6.1. Overview
- 11.6.2. Description
- 11.6.3. Material Portfolio
- 11.6.4. Financials (As per Availaibity)
- 11.6.5. Recent Developments
- 11.7. Oji Fibre Solutions (NZ) Ltd.
- 11.7.1. Overview
- 11.7.2. Description
- 11.7.3. Material Portfolio
- 11.7.4. Financials (As per Availaibity)
- 11.7.5. Recent Developments
- 11.8. WestRock Company
- 11.8.1. Overview
- 11.8.2. Description
- 11.8.3. Material Portfolio
- 11.8.4. Financials (As per Availaibity)
- 11.8.5. Recent Developments
- 11.9. Rengo Co., Ltd.
- 11.9.1. Overview
- 11.9.2. Description
- 11.9.3. Material Portfolio
- 11.9.4. Financials (As per Availaibity)
- 11.9.5. Recent Developments
- 11.10. Georgia-Pacific LLC
- 11.10.1. Overview
- 11.10.2. Description
- 11.10.3. Material Portfolio
- 11.10.4. Financials (As per Availaibity)
- 11.10.5. Recent Developments
- 11.11. Hamburger Containerboard
- 11.11.1. Overview
- 11.11.2. Description
- 11.11.3. Material Portfolio
- 11.11.4. Financials (As per Availaibity)
- 11.11.5. Recent Developments
- 11.12. Nine Dragons Paper (Holdings) Limited
- 11.12.1. Overview
- 11.12.2. Description
- 11.12.3. Material Portfolio
- 11.12.4. Financials (As per Availaibity)
- 11.12.5. Recent Developments
- 11.13. Stora Enso
- 11.13.1. Overview
- 11.13.2. Description
- 11.13.3. Material Portfolio
- 11.13.4. Financials (As per Availaibity)
- 11.13.5. Recent Developments
- 11.14. Other Key Players
- 12. Strategic Recommendations
Pricing
Currency Rates
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