Key companies covered are Stora Enso, Nine Dragons Paper (Holdings) Limited, Hamburger Containerboard, Georgia-Pacific LLC, Rengo Co., Ltd., WestRock Company, Oji Fibre Solutions (NZ) Ltd., International Paper, Smurfit Kappa, Lee & Man Paper Manufacturing Ltd., DS Smith, SCG PACKAGING PUBLIC COMPANY LIMITED, Mondi Group, Other Players

Pune, May 26, 2020 (GLOBE NEWSWIRE) -- The global containerboard market size is projected to reach USD 142.03 billion by 2027 owing to the rising demand for sustainable packaging worldwide. Containerboards are paperboards used generally for packaging material due to their properties such as lightweight and paperweight, or high grammage. A recently published report by Fortune Business Insights™ titled, “Containerboard Market Size, Share & Industry Analysis, By Material (Virgin, and Recycled), By End-User (Food & Beverage, Personal Care & Cosmetics, Industrial, and Others), and Regional Forecast, 2020-2027,” offers a qualitative and quantitative analysis of the market. As per this report, the value of the market stood at USD 120.60 billion in 2019 and will exhibit a CAGR of 2.1% between 2020 to 2027.

Global COVID-19 Impact on Containerboard Industry:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

To Get The Short-Term and Long-Term Impact of COVID-19 on this Market,

Please Visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/containerboard-market-102801

List of Market Manufacturers Include:

• Stora Enso
• Nine Dragons Paper (Holdings) Limited
• Hamburger Containerboard
• Georgia-Pacific LLC
• Rengo Co., Ltd.
• WestRock Company
• Oji Fibre Solutions (NZ) Ltd.
• International Paper
• Smurfit Kappa
• Lee & Man Paper Manufacturing Ltd.
• DS Smith
• SCG PACKAGING PUBLIC COMPANY LIMITED
• Mondi Group
• Other Players

What are the Highlights of the Report?

The report offers an extensive overview of the market and highlights the growth drivers, restraints, upcoming opportunities, and possible challenges of the market. It also discusses the table of segmentation based on factors such as material, end-user, and geography with the names of the leading segment and its attributed factors. It also lists the names of players operating in the market and the key strategies adopted by them. Furthermore, the report discusses significant industry developments, current trends prevalent in the market, and other interesting insights that will help investors to make financial and beneficial decisions in the market.

Market Drivers:
Increasing Demand from Pharmaceutical Industries to Boost Growth

With rapid industrialization, there is an increasing need for sustainable packaging from various sectors such as cosmetics, food and beverage, pharmaceutical, personal care, and others. This stands as a major factor in boosting the containerboard market growth. Besides this, the booming food and beverage sector with increasing popularity for ready-to-eat frozen food and convenient food would increase its productivity, thereby demanding more containerboards for package and shipment purposes. This will bode well for the market in the coming years.

Gain More Insights into the Containerboard Market Research Report with Detailed TOC:

https://www.fortunebusinessinsights.com/containerboard-market-102801

On the contrary, regulatory impositions based on the use of nature-friendly resources for the production of containerboards may pose a major challenge for the market players, thereby hampering the overall market size. Nevertheless, the rapidly developing e-commerce industry would aid growth. Apart from that, the rising preference for product-specific corrugated boxes for safety concerns regarding external stress is likely to create lucrative growth opportunities for the market in the forthcoming years.

Regional Segmentation:

Asia Pacific to Continue its Dominance with China on the Lead

Asia Pacific is dominating the market with a revenue of USD 53.13 billion earned in 2019. The growth of this region is attributed to the rapid industrialization activities, coupled with a rise in the preference for ready-to-eat and packaged food and beverages. China stands as the leading producer of containerboard and will continue to do so in the forthcoming years on account of the busy lifestyle and rising production of convenient food products.

On the other side, the market in Europe is expected to exhibit significant growth owing to the expansion of the personal care and cosmetics market. The market in the Middle East and Africa and Latin America will grow steadily with the development of retail distribution channels and the increasing agriculture-related businesses in the respective regions.

Competitive Landscape

Consolidated Nature of Market will Intensify Competition

The competitive landscape of the market is consolidated in nature with the presence of a bunch of players holding about 20% of the overall production capacity. These include Mondi Group, SCG Packaging Public Company Limited, DS Smith, Lee & Man Paper Manufacturing Ltd., and Smurfit Kappa. Major vendors are investing massively on the research and development of recyclable and water-resistant containerboard products to attract high revenue in the coming years. Besides this, the players are also engaging in collaborative efforts such as agreements and contracts, mergers and acquisitions, joint ventures, and others for gaining a competitive edge in the market.

Quick Buy – Chemicals Containerboard Market Research Report:
https://www.fortunebusinessinsights.com/checkout-page/102801

Significant Industry Development:

June 2018 – Mondi Group acquired Powerflute for USD 398 million for increasing the annual production capacity.

Detailed Table of Content:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Emerging Trends – For Major Countries
  • Key Developments: Mergers, Acquisition, Partnership, etc.
  • Latest Technological Advancement
  • Insights on Regulatory Scenario
  • Porters Five Forces Analysis
• Global Containerboard Market Analysis, Insights and Forecast, 2016-2027
  • Key Findings / Summary
  • Market Analysis, Insights and Forecast – By Material
    • Virgin
    • Recycled
  • Market Analysis, Insights and Forecast – By End-User
    • Food & Beverage
    • Personal Care & Cosmetics
    • Industrial
    • Others
  • Market Analysis, Insights and Forecast – By Region
    • North America
    • Europe
    • Asia pacific
    • Latin America
    • Middle East & Africa
• North America Containerboard Market Analysis, Insights and Forecast, 2016-2027
  • Key Findings / Summary
  • Market Analysis, Insights and Forecast – By Material
    • Virgin
    • Recycled
  • Market Analysis, Insights and Forecast – By End-User
    • Food & Beverage
    • Personal Care & Cosmetics
    • Industrial
    • Others
  • Market Analysis, Insights and Forecast – By Country
    • U.S.
    • Canada

TOC Continued…!!!

Get your Customized Research Report:
https://www.fortunebusinessinsights.com/enquiry/customization/containerboard-market-102801

Have a Look at Related Research Insights:

Sterile Medical Packaging Market Size, Share & Industry Analysis, By Material (Plastics, Glass, Metal, Paper & Paperboard), By Type (Thermoform, Trays, Sterile Bottles & Containers, Sterile Closures, Pre-Fillable Inhalers, Pre-Fillable Syringes, Vials & Ampoules, Blister & Clamshells, Bags & Pouches, Wraps), By Sterilization Method (Chemical Sterilization, Radiation Sterilization), By Application and Regional Forecast, 2019-2027

Cosmetic Packaging Market Size, Share & Industry Analysis, By Material (Glass, Paper & Board, Plastic, Metal, and Others), By Application Type (Skin Care, Hair Care, Make-up and Nail care), and Regional Forecast, 2020-2027

Solar Control Window Film Market Size, Share & Industry Analysis, By Product Type (Clear, Dyed and Vacuum Coated), By Application (Construction, Automotive and Others) and Regional Forecast, 2019-2026

About Us

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand current competitive challenges.

Contact Us

Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1-424-253-0390
UK: +44-2071-939123
APAC: +91-744-740-1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs

Read Press Release: https://www.fortunebusinessinsights.com/press-release/containerboard-market-9933