Containerboard Trends and Forecast
The future of the global containerboard market looks promising with opportunities in the food & beverage, consumer good, and industrial markets. The global containerboard market is expected to reach an estimated $160.3 billion by 2030 with a CAGR of 2.1% from 2024 to 2030. The major drivers for this market are growing e-commerce and packaging industries, increasing environmental concerns are leading to a shift towards sustainable packaging solutions, and expansion of the food and beverage sector.
• Lucintel forecasts that recycled will remain the larger segment over the forecast period.
• Within this market, food & beverage will remain the largest segment.
• APAC is expected to witness highest growth over the forecast period.
United States - Companies like International Paper invest in advanced recycling technologies to increase recycled content in containerboard production. The government targets waste reduction, encouraging the use of sustainable packaging materials and supporting initiatives to improve recycling infrastructure.
China - Chinese containerboard manufacturers, including Nine Dragons Paper Holdings Limited, expand production capacities to meet domestic demand. Government initiatives promote sustainable packaging practices and encourage investments in recycling infrastructure to reduce environmental impact.
Germany - German companies like Smurfit Kappa Group focus on lightweighting initiatives to reduce material usage and enhance sustainability in containerboard packaging. Government targets aim to increase recycling rates and promote eco-friendly packaging solutions to achieve circular economy goals.
Brazil - Brazilian containerboard producers, such as Klabin S.A., invest in digitalization and automation to improve production efficiency and product quality. Government targets include supporting the packaging industryÄX%$%Xs growth and enhancing export competitiveness through infrastructure development and trade facilitation measures.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Containerboard by Segment
The study includes a forecast for the global containerboard by material, end use, and region.
Containerboard Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Recycled
• Virgin
Containerboard Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Food & Beverage
• Consumer Goods
• Industrial
• Others
Containerboard Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Containerboard Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies containerboard companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the containerboard companies profiled in this report include-
• International Paper
• Oji Fibre Solutions
• Nine Dragons Paper
• Smurfit Kappa
• Mondi Limited
• WestRock Company
• Sappi
• Cascades
• Stora Enso Oyj
• Georgia-Pacific
Recent Development in the Containerboard Market
International Paper: International Paper announces plans to increase the use of recycled content in its containerboard production, aiming to enhance sustainability and reduce environmental impact in packaging materials.
Nine Dragons Paper Holdings Limited: Nine Dragons Paper expands production capacity for containerboard in China, leveraging advanced manufacturing technologies to meet growing domestic demand and support the countryÄX%$%Xs packaging industry growth.
Smurfit Kappa Group: Smurfit Kappa implements lightweighting initiatives to reduce material usage and improve sustainability in containerboard packaging, focusing on eco-friendly solutions to meet evolving customer needs and environmental regulations.
Klabin S.A.: Klabin S.A. invests in digitalization and automation to enhance efficiency and quality in containerboard production, aiming to improve competitiveness and meet the growing demand for packaging materials in Brazil and international markets.
Features of the Global Containerboard Market
Market Size Estimates: Containerboard market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Containerboard market size by material, end use, and region in terms of value ($B).
Regional Analysis: Containerboard market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different materials, end uses, and regions for the containerboard market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the containerboard market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the containerboard market size?
Answer: The global containerboard market is expected to reach an estimated $160.3 billion by 2030.
Q2. What is the growth forecast for containerboard market?
Answer: The global containerboard market is expected to grow with a CAGR of 2.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the containerboard market?
Answer: The major drivers for this market are growing e-commerce and packaging industries, increasing environmental concerns are leading to a shift towards sustainable packaging solutions, and expansion of the food and beverage sector.
Q4. What are the major segments for containerboard market?
Answer: The future of the global containerboard market looks promising with opportunities in the food & beverage, consumer good, and industrial markets.
Q5. Who are the key containerboard market companies?
Answer: Some of the key containerboard companies are as follows:
• International Paper
• Oji Fibre Solutions
• Nine Dragons Paper
• Smurfit Kappa
• Mondi Limited
• WestRock Company
• Sappi
• Cascades
• Stora Enso Oyj
• Georgia-Pacific
Q6. Which containerboard market segment will be the largest in future?
Answer: Lucintel forecasts that recycled will remain the larger segment over the forecast period.
Q7. In containerboard market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the containerboard market by material (recycled and virgin), end use (food & beverage, consumer goods, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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