Market Research Industry Today

Paperboard Packaging Market to Reach US$181.81 Billion in 2020 owing to Growth of Packaged Food Industry.

Global paperboard packaging market was valued at US$ 108.08 Bn in 2013 and is anticipated to reach US$ 181.81 Bn by 2020, expanding at a CAGR of 7.8% between 2014-2020.
Published 12 October 2015
A new report has been published by Transparency Market Research, titled “Paperboard Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”. TMR, a market intelligence company based in the U.S., says in its report that the global paperboard packaging market was estimated at US$108.08 billion in 2013, growing at a CAGR of 7.8% from 2014 to 2020 and is predicted to reach US$181.81 billion in 2020.According to this TMR report, based on product, the paperboard market is segmented into containerboard and boxboard. On the basis of volume, in 2013, containerboards were the biggest segment in the global market for paperboard packaging. The segment is predicted to grow at a rapid rate when compared to boxboards in the forecast horizon. Boxboards can further be categorized into solid unbleached boards (SUB), folding boxboards (FBB), white lined chipboards (WLC), and solid bleached boards (SBB). On the basis of volume, in 2013, the white lined chipboards represented the biggest share in the boxboard product segment. 
Get Request Sample of the Report :
As per the TMR report, in terms of applications, the paperboard market is segmented into food and beverages, durable goods, non-durable goods, medical, and others. On the basis of volume, food and beverages surfaced as the biggest application segment of the worldwide market for paperboard packaging in 2013, and the segment held over 40% of the market in 2013.This segment is expected to sustain as the biggest application in the forthcoming future, developing at the most expeditious rate amongst all applications. The worldwide packaged food industry’s growth is proposed to stimulate the segment for food and beverages. The segment of non-durable goods is predicted to be the second largest segment in the worldwide market for paperboard packaging during the forecasting horizon.
The TMR study states that the elevating demand for paperboard packaging in the packaging industry is predicted to boost the market. In addition, ongoing expansion of the packaged food industry is anticipated to drive the market for paperboard packaging, which comprises packaging of packaged fruits, meat and seafood, cheese, staples, vegetables, and ready-made packaged food. Likewise, paperboard packaging’s demand is anticipated to rise in the forthcoming future due to substantial development in the global industry for cosmetics. However, presence of substitutes that are high in performance, such as plastics, is expected to impede the paperboard packaging market. The expansion of e-commerce in BRICS countries is expected to provide huge opportunities for manufacturers in the market for paperboard packaging.
Browse the full Paperboard Packaging (Boxboard and Containerboard) Market for Food & Beverages, Nondurable Goods, Durable Goods, Medical and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 report at :
As per this TMR research report, the paperboard packaging market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). In 2013, Asia Pacific constituted about 45% of total market volume. It is contemplated as a manufacturing hub for key manufacturing industries worldwide, centered on China and India. Major players in this market include Oji Holdings Corporation, International Paper Company, Stora Enso Oyj, Smurfit Kappa Group plc, Nippon Paper Industries Co. Ltd., Mondi plc., Metsa Group, ITC Limited, Shandong Bohui Paper Group Co., Ltd, and Sappi Limited.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. 
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Mr. Nachiket
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Other Industry News

Ready to start publishing

Sign Up today!