Boxboard Packaging - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Boxboard Packaging Market is expected grow at a CAGR of 6.5% during the forecast period. Increasing demand for cosmetic packaging & personal care and high demand for printing which can be done using vibrant colours are some of the factors fuelling the market growth. However, replacement of boxboard packaging with plastics due to its cost-effective, durable and prevalent properties is one of the restraining factors for the market.
Boxboard packaging refers to the packaging with the help of thin and lightweight containers, which are commonly used to carry a single item such as breakfast grain, shoes, crackers and a toy among others. These types of packaging feature durability, portability, protection, and simple dealing for long hours. Moreover, boxboard packaging can also be customized in numerous shapes, sizes, and styles according to the requirement of the item to be packaged. Along with this, boxboard material packaging provides die-cut shapes and curves, sequentially making the package completely presentable and attractive.
Based on End User, Food & Beverages segment is likely to have a huge demand due to increasing demand in food and beverage industry and are widely used in confectionaries, cereals and ready to consume fruit drink packaging. By Geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the developing countries like India and China, where food and beverages, electronics, FMCG and pharmaceutical industries are emerging due to economic development.
Some of the key players profiled in the Boxboard Packaging market include Stora Enso, Sappi, Nippon paper group, Mondi, Metsa Board Oyj, Mayr-Melnhof Karton, ITC Limited, International Paper.
Material Types Covered:
• Recycled Paper
• Coated Unbleached Kraft Paperboard
• Bleached Kraft Paperboard
• Tubes & Cores
• Folding Carton
• Other Products
• From 1.1mm to 2.3 mm
• From 0.75mm to 1mm
End Users Covered:
• Personal Care & Cosmetic
• Home Care
• Food & Beverages
• Electrical & Electronics
• Chemical & Lubricants
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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