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Containerboard Market Size

Report ID: GMI3326
Published Date: May 2019
Report Format: PDF

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Containerboard Market Size

Containerboard Market size was over USD 160 billion in 2018 and industry expects demand of above 250 million tons by 2025.

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Growing demand for lightweight packaging material in order to increase supply chain efficiency and product safety will promote containerboard market in forecast timeframe. These sheets are used in producing cardboards which are utilized in drugs, food, chemicals and engineering goods packaging. Beneficial government norms regarding recycled paper usage in order to protect environment is likely to prompt product demand by 2025.

Containerboard Market Report Attributes
Report Attribute	Details
Base Year:	2018
Containerboard Market Size in 2018:	160 Billion (USD)
Forecast Period:	2019 to 2025
2025 Value Projection:	250 Billion (USD)
Historical Data for:	2014 to 2018
No. of Pages:	450
Tables, Charts & Figures:	713
Segments covered:	Product, Application , Industrial, Flowers, Agriculture, Fruits, and Region
Growth Drivers:	Growing need for efficient packaging and transportation of personal care products order to avoid damage and spillage is likely to favor product demand Increasing opportunities in pharmaceutical sector may boost industry size Growing demand for processed food products owing to strong base of young population in the region is likely to drive industry size 4 Rising export of agriculture products is likely to surge containerboard market size
Pitfalls & Challenges:	Environmental impacts pertaining to manufacturing process of containerboards may hamper market growth

What are the growth opportunities in this market?

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These products possess toughness, high resistance to stacking and vibration along with minimal impact from side or top pressure & crushing. These are beneficial in reducing shipping and transportation cost which decrease overall packaging and carriage cost. These factors are likely to propel the market size in projected timeframe.

Global crop protection market size is anticipated to surpass USD 75 billion by 2023 owing to its benefit in increasing crop yield in order to maximize agricultural output. Paperboard Containers are extensively used in paper boxes manufacturing which are used in transporting and carrying crop protection products. Growing usage of agricultural chemicals including pesticides and herbicides in order to protect crop from insects and worms is anticipated to fuel market growth by 2025.

Global beverage industry is projected to surpass USD 1.9 trillion by 2021. Paperboard containers are utilized in product packaging and beverage transportation owing to its property to protect beverages from outside influences like bacteria contamination and microbial growth. It enhances thermoforming properties thereby safeguarding beverages from direct sunlight and UV rays which may stimulate the market growth by 2025.

Chemical processing and harvesting of wood for paper manufacturing has resulted in deforestation which has deleterious effect on environment will hamper industry growth. In addition, fluctuating wood pulp prices which is a key raw material for commercial production may limit industry profitability, thus affecting market price trend.

Authors: Suraj Gujar, Sunita Singh

Frequently Asked Questions (FAQ) :

Containerboard market is expected to achieve $250 billion by 2025.

Increasing focus on improving product safety and supply chain efficiency is creating a demand for packaging material that is light in weight, promoting the adoption of containerboard as a viable packaging solution.

Strict environmental conservation regulations and volatile raw material prices are likely to impede commercial level production and limit the adoption of containerboard packaging.

The pharmaceutical sector is likely to create immense demand for containerboard as it is used for protecting fragile products, maintaining stacking efficiency and sterilized environment.

APAC is witnessing increasing consumption of meat, which is creating a demand for packaging solutions that can prevent food deterioration, providing a lucrative growth opportunity for the containerboard industry in APAC.