Press release
Containerboard Market Poised for Steady Growth: Valued at $138.69 Billion in 2024 with a 2.30% CAGR Forecast
๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ was valued at USD 138.69 billion in 2024 and is projected to grow at a CAGR of 2.30%, reaching approximately USD 166.37 billion by 2032.๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The containerboard market plays a pivotal role in the packaging industry, primarily driven by the demand for corrugated cardboard used in various applications such as food and beverages, consumer goods, and e-commerce packaging. Containerboards are lightweight, durable, and environmentally sustainable, with variants like kraftliners and testliners catering to different industrial needs. The increasing adoption of recycled fibers alongside virgin fibers underscores the industry's commitment to sustainability.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:https://www.stellarmr.com/report/req_sample/Containerboard-Market/1147
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ:
The market growth is propelled by the rising demand for corrugated boxes, fueled by the expansion of the food and beverage sector and the rapid growth of e-commerce. The shift toward packaged and ready-to-eat food products is also a significant factor, as corrugated packaging ensures product safety and shelf-life. Additionally, the trend of adopting eco-friendly packaging solutions and government regulations promoting recycling further bolster the containerboard market.
๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Mergers and acquisitions, such as Smurfit Kappa's acquisition of Cartones del Pacifico and Klabin's acquisition of International Paper, are shaping the competitive landscape. Technological advancements in lightweight and high-strength containerboard production and the increasing use of recycled fibers highlight the industry's focus on innovation and sustainability. Moreover, the growing popularity of kraftliners for food-grade packaging in online food delivery and retail is a prominent trend in the market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.stellarmr.com/report/enquire_now/Containerboard-Market/1147
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ
๐๐ข๐๐ญ๐ง๐๐ฆ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ
Vietnam's containerboard market is thriving, driven by its booming export sector and increasing demand for eco-friendly packaging solutions. Companies like Nine Dragons Paper and Vietnam Paper Corporation are investing in expanding production capacities to cater to the growing domestic and international demand. Government initiatives to promote sustainable practices are further boosting the industry.
๐๐ก๐๐ข๐ฅ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ
Thailand's containerboard market is witnessing significant growth, supported by its robust manufacturing and export-oriented economy. Major players such as SCG Packaging are adopting innovative recycling technologies to produce high-quality containerboard. The government's focus on environmental conservation is driving the adoption of sustainable packaging materials.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ
Japan remains a leader in the containerboard market, with a focus on premium and sustainable packaging solutions. Companies like Rengo Co., Ltd. and Oji Holdings Corporation are pioneering the development of lightweight and high-strength containerboard products. The integration of AI and IoT in production processes is a notable trend in the Japanese market.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ
South Korea's containerboard market is undergoing consolidation, with leading firms such as Hanchang Paper Co., Ltd. acquiring smaller players to enhance their market share. The rising demand for durable and eco-friendly packaging from the electronics and automotive sectors is driving innovation and growth in the South Korean market.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ
Singapore's containerboard market is evolving, leveraging its strategic position as a global trade hub. Companies like Asia Pulp & Paper are introducing sustainable containerboard solutions tailored for high-end packaging applications. Collaborative R&D efforts between global corporations and local firms are fostering technological advancements in the industry.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ
The United States remains a dominant player in the global containerboard market, fueled by the e-commerce boom and advancements in recycling technologies. Key players like International Paper and WestRock Company are expanding their production capacities to meet increasing demand. Recent mergers and acquisitions, such as WestRock's acquisition of KapStone Paper and Packaging, highlight the competitive dynamics of the US market.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ
Europe's containerboard market is thriving, supported by stringent environmental regulations and the growing adoption of circular economy principles. Countries like Germany, the UK, and Italy are leading the market, with companies such as Smurfit Kappa and DS Smith setting benchmarks in sustainability and innovation. Collaborative efforts between governments and industry players are driving advancements in recycling and production technologies.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/Containerboard-Market/1147
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ:
By Material
Virgin Fibers
Recycled Fibers
Virgin+Recycled Fibers
By Type
Kraftliners
Testliners
Flutings
By End-user
Food & Beverages
Consumer Goods
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐๐จ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Mondi Group (U.K)
SCG PACKAGING PUBLIC COMPANY LIMITED (Thailand)
DS Smith (U.K)
Lee & Man Paper Manufacturing Ltd. (China)
Smurfit Kappa (Ireland)
International Paper (U.S)
Oji Fiber Solutions (NZ) Ltd. (Australia)
WestRock Company (U.S)
Rengo Co. Ltd. (Japan)
Georgia-Pacific LLC (U.S)
Hamburger Containerboard (Austria)
Nine Dragon Paper (Holdings) Limited (Hong-Kong)
Stora Enso (Finland)
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Containerboard-Market/1147
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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Green Steel Market https://www.stellarmr.com/report/Green-Steel-Market/2124
Fishing Nets Market https://www.stellarmr.com/report/Fishing-Nets-Market/2161
Pulse Lavage Market https://www.stellarmr.com/report/Pulse-Lavage-Market/2163
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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