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Paperboard Packaging Market Share

Report ID: GMI2060
Published Date: Oct 2020
Report Format: PDF

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Paperboard Packaging Market Share

The paperboard packaging market participants are trying to increase their market share by strategic partnerships & collaborations, mergers & acquisitions, product differentiation & development and diversification of sales & distribution network. In October 2018, Mondi plc entered the market for ‘Saturating Kraft’ with its recently launched new specialty kraft paper grade Advantage Boost that will be mainly used in laminate applications in the European market. In April 2016, International Paper Company completed the purchase of Weyerhaeuser’s Pulp business for approximately USD 2.2 billion to strengthen its market share.

The key players in paperboard packaging industry include

Nippon Paper Industries Co., Ltd.
Stora Enso
South African Pulp & Paper Industries
Mondi plc
ITC Limited
Smurfit Kappa Group
Oji Holding Corporation
International Paper Group
Svenska Cellulosa Aktiebolaget

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The global paperboard packaging industry revenue was USD 142.3 billion in 2019 and is expected to surge at 3% CAGR through 2026 due to increasing packaged food consumption & rising demand from the packaged food business.

The recycling segment dominated the global paperboard packaging market size with a 50% share in 2019. The segment is projected to witness tangible growth due to the rising concerns towards deforestation and decreasing forest cover worldwide.

The folding boxboard segment of the global paperboard packaging market share is expected to grow at a CAGR of over 3% through 2026.

Asia Pacific paperboard packaging market size is valued at over USD 65 Billion in 2019. Robust economic growth, rapid urbanization, and an increase in consumption of packed food will foster the industry growth in the coming years.