Containerboard Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
- Transparency Market Research
Packaging is an integral part for any type of manufacturing industry where safe handling and shipment is a manufacturer’s priority. Hence corrugated boxes or containers are used to safely handle and ship the goods. Containerboard is used to manufacture containers and boxes. Containerboard are widely used because they provide a lightweight, strong, more durable and cost effective solution to the conventional packaging materials. It was estimated that worldwide consumption of containerboard was over 200 billion square meter in 2013.
Containerboard market is primarily driven by increasing industrial and
manufacturing activities. Better transportation and shipment facilities
made shipping between two points globally much more convenient and is
anticipated to be a major driver in the containerboard market. The improved
durability and strength of container boxes primarily due to high quality
containerboards is providing manufactures and industries a better
alternative. The improved commerce in various sales channels such as
e-commerce where e-commerce enterprises primarily focus on safety and
aesthetics of the packaging are anticipated drive the containerboard market
where corrugated boxes or containers are used. The growing demand for
lightweight and innovative packaging is also driving the global
containerboard market. Eco-friendly and recyclable product specification
obtained due to containerboard are forcing manufacturers and industries to
use corrugated boxes. On the other hand increasing use of plastic is
restraining the global demand of containerboard industry. Increasing raw
material cost as well as processing cost are considered to be the major
restraints in global containerboard market.
The opportunity for global containerboard market lies in introducing innovative solutions to the packaging industry. Strong, light weight and cost effective containerboards are anticipated to be the major opportunity criteria for the developing global containerboard market. Forming strategic tie-ups with container box producers to produce industry specific products to penetrate in new application sectors is considered to be a major opportunity for the global containerboard market.
The global containerboard market is segmented on the basis of type, grades, application and geography. On the basis of type the global containerboard market is segmented into medium (the inner layer of the corrugated container) and Kraft linerboard (the outer lawyer of the corrugated container). On the basis of grades the global containerboards are segmented into the basis weights according to the various application purposes. Generally the grades are expressed in numbers ranging from 18- 90 according to the basis weight which vary for medium and Kraft linerboard. On the basis of application the global containerboard are classified according to automotive, food and beverages, industrial goods, electrical and electronics and others.
On the basis of geography, the global containerboard market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA) and Latin America. Asia pacific is anticipated to be the largest producer as well as consumer by volume of containerboard. China is expected to be the leading consumer of global containerboard market primarily driven by large scale industrial and manufacturing practices. The Latin America is also considered to be the major player in global containerboard market. Europe is forecasted to show strong demand for containerboard in near future followed by Middle East and Africa.
Some of the key industry stakeholders in global containerboard markets are Greif, Packaging Corporation of America, BillerudKorsnäs AB, DS Smith, Pratt Industries, Inc., International Paper., Mondi, Smurfit Kappa Group, Svenska Cellulosa Aktiebolaget SCA, Klabin, Sonoco Products Company and others.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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