Global Paperboard Packaging Market Growth, Trends & Forecasts 2018-2023, With an Expected CAGR of 4.5% - ResearchAndMarkets.com

DUBLIN--()--The "Global Paperboard Packaging Market - Segmented by Grade, Type, End-User Industry and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global paperboard packaging market is expected to witness a CAGR of 4.5% during the forecast period, 2018 to 2023, majorly driven by the increasing demand for folded carton packaging from the food & beverage industry.

Increasing access to more qualified jobs and higher disposable income are causing the traditional meals to be replaced by more modern processed, frozen, and packaged food. Due to this change from unpackaged to industrially packaged food, the demand for folding carton is increasing in the food & beverage industry.

The food & beverage industry is the largest end user for the paperboard packaging market, and accounts for more than half of the global market share. The food & beverage industry majorly utilizes coated unbleached boards for packaging of beverages, and corrugated containerboards for packaging of fruits, vegetables, and food products. The acceleration of frozen foods is likely to drive the demand for folding carton packaging. Currently, over 30% of the Americans order food twice a week and this is expected to grow at 3% in the coming years.

In terms of consumption, in 2017, Asia-Pacific held a significant market share, followed by Europe. The region contributes around 50% of the total market share. The Asia-Pacific paperboard packaging market is also expected to grow at a high rate, owing to emerging food & beverages, electronics, cosmetics, and pharmaceutical industry due to economic development.

Companies Mentioned

  • Amcor Ltd.
  • Cascades Inc.
  • ITC Ltd.
  • DS Smith Plc.
  • Packaging Corporation of America
  • Clearwater Paper Corporation
  • Metsa Group
  • Mondi Group
  • Nippon Paper Industries Co. Ltd.
  • Smurfit Kappa Group plc
  • Stora Enso Oyj
  • International Paper Company SAppi Limited
  • Georgia-Pacific Packaging
  • INDEVCO
  • Tetra Pak
  • WestRock
  • ALL PACKAGING COMPANY
  • Bio-PAPPEL SAB de CV
  • Colbert Packaging
  • Diamond Packaging
  • Europac Group
  • Nampak
  • Pratt Industries
  • Howell Packaging
  • Evergreen Packaging
  • MOD-PAC
  • Sonoco Products
  • Winston Packaging

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

10. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/gwwfph/global_paperboard?w=4

Contacts

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Related Topics: Packaging

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Packaging