Global Paperboard Packaging Market - Segmented by Grade, Type, Application and Geography – Trends and Forecasts (2017 - 2022)
The market is estimated to be valued at USD XX million in 2017. This market is expected to record a CAGR of X.X%, to reach USD XX million by 2022. Paperboard packaging has wide-ranging applications across several industrial verticals, from personal care to homecare, healthcare to food & beverages industries. Rising number of hypermarkets and supermarkets, growing demand for eco-friendly packaging materials and growing packaging industry are the major factors driving the global paperboard packaging market’s growth. The availability of high-performance substitutes such as plastics, which are more durable and cost-effective than papers are expected to counter the market growth in the highly price conscious developing economies. However, the rising e-commerce market is a potential market opportunity for the paperboard packaging industry, owing to the significant push it will lend to this industry. Based on grade, the paperboard packaging market is segmented into coated unbleached ‘Kraft’ paperboard (CUK), solid unbleached board (SUB), solid bleached board (SBB), folding box board (FBB), white line chipboard (WLC) and others. Based on application, the market is further divided into food & beverage packaging, durable goods packaging, non-durable goods packaging, medical packaging and others. By type, the market is classified into corrugated packaging, boxboard and flexible paper packaging. The global market for paperboard packaging was segmented by region into Europe, North America, Asia-Pacific, South America and Middle East & Africa. Asia-Pacific dominated the global paperboard packaging market, followed by Europe and North America. Asia-Pacific is expected to be the fastest growing market due to the emerging economies in the region, rising disposable incomes of people, growing demand for convenience food and better health & personal care products. Some of the key players in the paperboard packaging market include Metsa Group, Mondi Group, Nippon Paper Industries Co. Ltd., Amcor Ltd., International paper company, ITC Ltd. and others. Key Deliverables in the Study: Market analysis for the global Paperboard Packaging market, with region specific assessments and competition analysis on global scale Market definition along with the identification of factors instrumental in changing the market scenarios and prospective opportunities Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect the market A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.