Paperboard Packaging Market Size, Share, Analysis, Industry Report and Forecast 2022-2028
The global paperboard packaging market is anticipated to grow
at a considerable CAGR of 3.4% during the forecast period. More than 60% of all
communities in the US collect and recycle paperboard packaging. For instance,
in December 2019, the Cascades launched a cardboard tray made from recyclable
fibres. Furthermore, as per the Paper & Paperboard Packaging Environmental
Council, Canada, the provinces need Commercial Forest Harvesters to plant new trees
and reforestation through direct sowing and natural regeneration. On average,
over 1,000 new tree seedlings are planted every minute in Canada.
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Rising acquisitions, product approval, collaborations among
the major players in the market also propel the growth of the market. For
instance, in February 2021, Packaging Corporation of America announced the
conversion of Jackson, AL Mill Paper Machine to a High-Performance Virgin
Linerboard. The machine temporarily began producing linerboard in the fourth
quarter of 2020 and continued producing linerboard in the first quarter of 2021
to fulfill strong packaging demand and maintain adequate inventory levels. Over
the next 36 months, the mill will undertake preparations to permanently convert
the 365,000 ton-per-year No. 3 UFS paper machine to a 700,000 ton-per-year
high-performance, virgin kraft liner board machine.
Market Coverage
• The
market number available for – 2022-2028
• Base
year- 2021
• Forecast
period- 2022-2028
Segment Covered-
·
By Grade
·
By Product Type
·
By End-Use Industry
Regions Covered
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
Competitive Landscape-
Nippon Paper Industries Co. Ltd, Mondi PLC., WestRock Company Oji Holdings
Corp., and Others.
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Global Paperboard Packaging Market Report Segment
By Grade
•
Cartonboard
•
Containerboard
By Product Type
•
Folding Cartons
•
Corrugated Boxes
By End-User Industry
•
Food and Beverage
•
Healthcare
•
Personal Care
•
Household Care
•
Electrical Products
Global Paperboard Packaging Market Report Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
·
Latin America
·
Middle East & Africa
Company Profiles
•
Amcor plc
•
Cascades Inc.
•
Clearwater Paper Corp
•
DS Smith PLC
•
Graphic Packaging International
•
Henry Molded Products Inc
•
International Paper Company
•
ITC Ltd
•
Metsä Board Oyj
•
Mondi Group
•
Nippon Paper Industries Ltd
•
Oji Holdings Corporation
•
Packaging Corporation of America
•
Rengo Co. Ltd
•
Seaboard Folding Box Company Inc.
•
Smurfit Kappa Group
•
Sonoco Products Company
•
UFP Technologies, Inc.
•
Visy Industries Pty Ltd
•
WestRock Company
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