The Containerboard Market is being driven by Booming e-commerce industry
The Containerboard Market is expected to grow at a CAGR of 2.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 25.4 billion. In the era of Industry 4.0, sustainability and innovation have become key drivers in manufacturing and consumption processes. The packaging sector, including the containerboard market, is experiencing significant advancements as a result. One such development poised to significantly influence the global containerboard market over the forecast period is the emergence of flexible packaging. Flexible packaging, characterized by its ability to conform to the shape of the enclosed product, offers numerous advantages. These include enhanced safety and extended shelf life, heating and barrier protection, ease of use, high resale value, and printability. As consumer preferences shift towards more convenient and eco-friendly packaging solutions, the demand for flexible packaging is expected to surge, potentially disrupting the containerboard market landscape.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
220 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.9% |
Market growth 2025-2029 |
USD 25.4 billion |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
2.7 |
Key countries |
China, US, Japan, India, South Korea, UK, Germany, France, Canada, and Australia |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Containerboard Market is characterized by various factors including linerboard tensile strength and containerboard stiffness for optimal packaging performance. Moisture content control and paper machine efficiency ensure product consistency. Coating weight uniformity and print quality assessment enhance visual appeal. Packaging durability testing evaluates strength through box compression and stacking performance. Software for packaging design, recycling infrastructure development, and waste management technologies promote sustainability. Fiber furnish optimization, pulping process improvements, and chemical recovery systems reduce raw material usage and costs. Process automation technology, energy-efficient machinery, and emission reduction strategies promote eco-friendliness. Supply chain transparency, logistics optimization techniques, inventory control systems, product lifecycle assessment, and packaging waste reduction adhere to circular economy principles and the zero waste initiative.
The containerboard market, a segment of the larger paper and plastic packaging products and materials market according to Technavio, encompasses the production of corrugated boards. These boards, crafted from kraft linerboard, offer advantages such as lightweight, biodegradability, and recyclability, making them an ideal choice for protecting, preserving, and transporting various goods. Kraft linerboard, a crucial component of corrugated board, is renowned for its strength and durability, with its properties influenced by the recycled fiber content. Containerboard undergoes rigorous testing to adhere to industry standards, ensuring consistent quality and performance.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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