Containerboard Market Size
Containerboard Market size was over USD 160 billion in 2018 and industry expects demand of above 250 million tons by 2025.
Growing demand for lightweight packaging material in order to increase supply chain efficiency and product safety will promote containerboard market in forecast timeframe. These sheets are used in producing cardboards which are utilized in drugs, food, chemicals and engineering goods packaging. Beneficial government norms regarding recycled paper usage in order to protect environment is likely to prompt product demand by 2025.
| Report Attribute | Details |
|---|---|
| Base Year | 2018 |
| Containerboard Market Size in 2018 | 160 Billion (USD) |
| Forecast Period | 2019 to 2025 |
| 2025 Value Projection | 250 Billion (USD) |
| Historical Data for | 2014 to 2018 |
| No. of Pages | 450 |
| Tables, Charts & Figures | 713 |
| Segments covered | Product, Application , Industrial, Flowers, Agriculture, Fruits, and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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These items are strong, can handle stacking and vibration well, and don't get damaged easily when pressure or crushing comes from the side or top. These help lower shipping and transportation costs, which lowers the entire cost of packaging and carrying. These things are expected to make the market bigger in the time frame given.
The global crop protection business is expected to be worth more than $75 billion by 2023 because it helps farmers get the most out of their crops by increasing their yields. Paperboard containers are widely utilized in the production of paper boxes, which are used to move and store crop protection supplies. By 2025, the market is expected to rise because more people are using agricultural chemicals like pesticides and herbicides to keep worms and insects away from crops.
By 2021, the global beverage business is expected to be worth more than $1.9 trillion. Because it keeps drinks safe from outside factors like germs and microbial growth, paperboard containers are used to package products and carry drinks. It improves the thermoforming qualities, which protects drinks from direct sunlight and UV radiation. This might help the market develop by 2025.
Cutting down trees for paper and processing chemicals have led to deforestation, which is bad for the environment and will slow down the expansion of the sector. Also, changing prices for wood pulp, which is an important raw material for commercial production, might hurt the industry's profits and change the trend in market prices.
Containerboard Market Analysis
By 2025, the global market for Kraft liners is expected to be 70 billion square meters. This product is used to make a lot of different kinds of paper sacks, like those used for cement, food, chemicals, consumer products, and flour. It is relatively robust and rough since it has a high tensile strength. Kraft liners are thought to be a cheap way to package and move commodities, which might help the market grow by 2025.
By 2025, the global containerboard market share for test liners is expected to grow by more than 4%. This material is used to package consumer goods such processed food, home and personal care products, and meat products, which helps the sector thrive. It is also utilized to minimize carbon emissions because it can be recycled and has good reliability, quality, and finishing properties.
By 2025, the use of containerboard in processed foods is expected to be worth more than $60 billion. To keep the taste and texture of processed foods like canned vegetables, cheese, sausages, and pies, they need to be stable. These items are used to protect consumables against contamination and tempering, which could help the industry flourish.
It is projected that the pharmaceutical application market will grow by more than 5% by 2025. These devices help keep things clean, stack things more efficiently, and preserve fragile items. It also protects pharmaceuticals from radiation, which can damage medicinal formulations and make them less effective, which drives up demand in the industry.
The Asia Pacific market, driven by South Korea, Australia, Japan, India, and China, is expected to be worth more than USD 110 billion by 2025. Because more and more recipes from the West are being made that need animal-based food items, people in this area are likely to eat more meat. Meat products are more likely to get infected with microbes and spread diseases since they are very acidic, which can make food go bad. These create an environment that is anti-microbial and protects meat products from the direct effects of the outside environment, which helps the business grow.
Europe driven by France, Italy, UK, and Germany containerboard market share may account for over 85 billion square meters by 2025, owing to growth in personal care & cosmetic market in the region. Rising exports owing to growth in cosmetic manufacturing mainly in France and Germany will fuel regional product demand in this sector. It is utilized for consumer care products easy conveyance owing to its property of preventing spillage and pilferage which may propel the market by 2025.
Brazil containerboard industry is anticipated to witness strong gains owing to growing flower commercialization. Growth in small supplementary agribusiness supported by increase and development of retail flower distribution channels will favor product demand for effective packaging, thus driving industry growth.
Containerboard Market Share
Global containerboard market share is moderately fragmented with major industry players includes
- Smurfit Kappa
- Kraft Liner SA
- Mondi Group
- International Paper
Companies are involved in sourcing quality raw material including pulp in order to manufacture quality products. New industry participants are anticipated to enter this industry owing to its growing industrial applications including food, pharmaceutical and meat industry.
Industry Background
Paperboard containers are manufactured using fibres made from recycled material, cellulose and mixture of both. It is used for cushioning, packing, stacking and transportation purpose in packaging industries. They offer high tensile strength, mechanical stability and sustainability which may drive the market growth by 2025.
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