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Containerboard Market Report | Covid-19 Impact Analysis
The Containerboard Market is Segmented by Product Type [Linerboard (Kraft Liners, Test Liners), Corrugating Medium (Recycled, Semi Chemical Medium), and White Tops], by Application Type [Fast-Moving Consumer Goods (Processed Foods, Home & Personal Care, Meat, Pharmaceuticals, Fats & Oils, Dairy & Alternatives, and Alcohol ...
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Containerboard Market is likely to witness an impressive CAGR of 4.5% during the forecast period. Major factors such as increasing demand for lightweight packaging material, friendly government norms about recycled paper usage, and increasing usage of agricultural chemicals for protecting crops from insects and worms, are expected to drive the market growth during the forecast period.
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Containerboard Market – Snapshot |
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Growth |
4.5% for the next five years |
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Major Product Type |
Kraft Liners |
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Dominant Application Type |
Processed Food |
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Region with the highest demand |
Asia-Pacific |
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Key Players |
Cascade Inc., Cheng Loong Corporation, Georgia Pacific LLC, International Paper, Klabin, Mondi plc, Packaging Corporation of America, Stora Enso, Svenska Cellulosa AB, and The Smurfit Kappa Group plc |
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Based on the product type, the market is segmented as linerboard, corrugating medium, and white tops. The linerboard is further divided into kraft liners and test liners. Kraft liners are estimated to hold the major part of the share in the market owing to their high tensile strength and wide application in paper sacks production during the forecast period.
On the other hand, test liners are estimated to witness significant growth owing to their range of applications in consumer durables packing which includes processed food, meat products, and home & personal care, and in lowering the emission level of carbon, which is fueling the segment’s growth over the forecast period.
Based on the application type, the market is segmented as fast-moving consumer goods, industrial, flowers, agriculture, and fruits. The fast-moving consumer goods is further segmented as processed foods, home & personal care, meat, pharmaceuticals, fats & oils, dairy & alternatives, and alcohol & drinks. Processed food application is estimated to hold the largest share of the market owing to its wide utilization in shielding consumables from contamination and tempering, boosting the segment’s growth during the forecast period. These products need food stability so as to maintain their taste and texture.
On the other hand, pharmaceutical is anticipated to witness significant growth over the forecast period. These products find use in maintaining sterilized environment, fragile product protection and stacking efficiency, and also protect drugs from radiations which may cause any change in chemical formulations coupled with loss of therapeutic values, accelerating the market growth during the forecast period.
In terms of regions, Asia-Pacific is estimated to be the leading region in the market with South Korea, Japan, China, Australia, and India being the major countries with lucrative growth opportunities during the forecast period. Further, for preventing food deterioration these establish an antimicrobial environment and protect meat products from direct influence of exterior environment as growing consumption of meat in the region can cause food spoilage.
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In addition, Europe is projected to account for a significant share of the market owing to growing personal care & cosmetic market in the region during the forecast period. France and Germany are projected as the growth engines of the region owing to increasing exports because of growing cosmetic manufacturing during the forecast period.
Further, the Brazilian containerboard industry is estimated to register strong growth on account of increasing flower commercialization during the forecast period. Also, increasing small supplementary agribusiness supported by growth and development of retail flower distribution channels is expected to fuel the product demand for effective packaging, boosting the market growth over the forecast period.
Some of the key players in the containerboard market are-
Containerboard is basically a kind of paperboard which is especially made for the production of corrugated board, including both types of paper i.e. linerboard and corrugating medium used for making corrugated board.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Containerboard Market Research Report - Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The containerboard market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The containerboard market is expected to witness an impressive growth of 4.5% CAGR in the foreseeable future.
Cascade Inc., Cheng Loong Corporation, Georgia Pacific LLC, International Paper, Klabin, Mondi plc, Packaging Corporation of America, Stora Enso, Svenska Cellulosa AB, and The Smurfit Kappa Group plc are among the key players in the containerboard market.
Asia-pacific is expected to be the leading region in the containerboard market during the next five years.
Kraft liners are expected to hold the major part of the share in the containerboard market in the coming years.
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