The containerboard market plays a vital role in the packaging industry, providing the raw material for manufacturing corrugated boxes and other packaging solutions. Containerboard, made from recycled fibers or virgin pulp, is widely used for packaging various goods, ranging from food and beverages to electronics and consumer goods. This article will provide an overview of the containerboard market, including its drivers, restraints, and key statistics from government organizations.
The global containerboard market size reached USD 128.95 Billion in 2021 and is expected to register a revenue CAGR of 3.1 % during the forecast period, according to the latest analysis by Emergen Research. The containerboard market is driven by several factors, one of which is the increasing demand for sustainable packaging solutions. With growing environmental concerns, businesses and consumers alike are seeking packaging materials that are recyclable, biodegradable, and made from renewable resources. Containerboard fits the bill, as it is predominantly manufactured from recycled fibers, reducing the reliance on virgin pulp and minimizing the environmental impact.
Another driver of the containerboard market is the e-commerce boom. The rise of online shopping has led to a surge in demand for packaging materials to protect and ship products. Corrugated boxes made from containerboard are the preferred choice for e-commerce packaging due to their durability, lightweight nature, and cost-effectiveness. As the e-commerce industry continues to expand, the containerboard market is expected to witness substantial growth.
However, the containerboard market also faces certain restraints. One significant challenge is the volatility in raw material prices. Containerboard production heavily relies on the availability and cost of recycled fibers or virgin pulp. Fluctuations in the prices of these raw materials can impact the profitability of containerboard manufacturers and potentially lead to price fluctuations in the market.
Government organizations play a crucial role in monitoring and regulating the containerboard market. The Environmental Protection Agency (EPA) in the United States, for instance, sets guidelines and regulations for the recycling and disposal of packaging materials. The EPA encourages the use of recycled fibers in containerboard production, promoting sustainability and reducing waste.
Statistics from government organizations shed light on the containerboard market's significance. According to the American Forest & Paper Association (AF&PA), the containerboard production in the United States reached 38.3 million tons in 2020, reflecting a 2.2% increase compared to the previous year. This growth can be attributed to the rising demand for packaging materials, driven by e-commerce and sustainable packaging trends.
Furthermore, the AF&PA reports that the recycling rate for containerboard in the United States was 96.4% in 2020. This high recycling rate demonstrates the industry's commitment to sustainability and the circular economy. The containerboard market's reliance on recycled fibers contributes to reducing deforestation and conserving natural resources.
The report on the Containerboard market is formed through broad essential and auxiliary examination alongside subjective and quantitative investigation of crucial parts of the market. The clever information is additionally approved and checked by the business experts. The report endeavours to offer further experiences into the general market situation of the Containerboard business circle.
Request a Sample Report with Table of Contents and Figures to click Here: https://www.emergenresearch.com/request-sample/2080
Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Containerboard market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Smurfit Kappa, Mondi Group, Stora Enso, DS Smith, Hamburger Containerboard, SCG Packaging Public Company Limited, Lee & Man Paper Manufacturing Ltd, Georgia-Pacific LLC, WestRock Company and Rengo Co. Ltd
Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: https://www.emergenresearch.com/industry-report/containerboard-market
Emergen Research has segmented the global Containerboard market on the basis of type, application, end-use, and region:
Material Outlook (Revenue, USD Billion; 2019–2032)
Recycled Fibers
Virgin Fibers
Type Outlook (Revenue, USD Billion; 2019–2032)
Testliners
Flutings
Kraftliners
End-Use Outlook (Revenue, USD Billion; 2019–2032)
Food & Beverage
Cosmetics and Personal Care
Industrial
Consumer Goods
Others
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
Analysis and estimation of the Containerboard Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Containerboard Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Request Customization as per your specific requirement@ https://www.emergenresearch.com/request-for-customization/2080
Latest Published Reports by Emergen Research:
Stentless Bioprostheses
Stentless Bioprostheses
Stentless Bioprostheses
Tetrachloromethane
Tetrachloromethane
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Trending Titles: Software As A Medical Device Market | Immunoprecipitation Market
Latest Report: Airway Stent and Lung Stent Market | Large Format Display Market
댓글