Global Paperboard Container market size is USD 199.8 billion in 2021, growing at CAGR of 5.0% during the 2022-2028. Paperboard container are made of material like paper, timber and pulp used to wrap, enclose and protect the product. There are number of different varieties in paperboard container which includes bags, folding boxes, corrugated container and many more. E-Commerce companies use paperboard container for secondary and tertiary packaging because of its lightweight and low cost. Paperboard is replacement of flexible plastic packaging and is eco-friendly and recyclable due to which the growth of paper container is increased in market. The application of paperboard container is divided into different sectors like food and beverages, healthcare, personal care, electronic, home care and others in multiple industries. Changing lifestyle leads to the growth of young population which is growing the higher demand for branded and packaged substances. 67% of consumer across the world believe that items they order they should come in recyclable packaging, 83% of young buyers are spending more packed in sustainable manner. However, for making such huge amount of paperboard container it required large number of trees which leads to deforestation and hearting the environment although it is compensated with the afforestation but that took long time to grow again.
The key regions considered for the Global Paperboard Container Market study includes North America, Europe, South America, Asia Pacific, and Rest of the World. North America dominating for the one of the leading markets for manufacturing of paperboard container, due to the rising demand for packaged food and consumer preference in food and beverages which create large number of opportunities for them. Asia Pacific has the highest growth rate at the fasted CAGR during the forecasted period of time. Factors such as increase in population, the contribution of increasing retail network gives the growth of many end-use industries, which gives the fueling to the demand for the global Paperboard Container Market in Asia Pacific.
Major market player included in this report are:
DS Smith Plc.
Clearwater Paper Corporation
Nippon Paper Industries Co. Ltd
Svenska Cellulose Aktiebolaget
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Paper Bag& Sacks
Corrugated Container & Packaging
Folding Box and Cases
Food and Beverages
Industry Products, Healthcare
Central & South America
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Paperboard Container market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers