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Containerboard Market Statistics: 2019-2025 Global Share Report

Author : Rahul Varpe | Published Date : 2019-06-14 

An analysis of Containerboard Market has been provided in the latest report introduced by Global Market Insights that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

Increasing demand for high strength and lightweight packaging material in food processing industry may propel industry growth. Containerboards are utilized in food industry owing to its food grade quality which prevents food from direct exposure to sunlight and water thereby stimulating product demand. These products are also utilized in agricultural industry due to its impact resistance property which shield vegetables and fruits from getting damaged during accidents and forceful impacts.

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According to a new research report by Global Market Insights, Inc. Containerboard Market size is set to surpass USD 250 billion by 2025.

Containerboards are utilized for meat product storage in order to retain freshness and avoid loss of nutritional content which may fuel product demand. Containerboards maintains sterilized environment thereby shielding meat products from fungal, pathogenic and microbial contamination along with protecting it from direct exposure to air, water and heat. These factors are likely to foster industry growth.

Containerboard market from alcohol and drinks application is predicted to witness growth at 4% by 2025. These products are utilized for secondary packaging for alcohol beverages to shield them against shocks owing to complex transportation due to bulk volume. These products offer high strength body to weight ratio which makes mobility of packed product convenient thereby propelling containerboard market.

Germany containerboard market from textile application may witness gains at over 3.5% by 2025. Containerboards shield textile fabrics from dust & cloth retardation which protect clothes from getting damaged or wrinkled. Increasing count of small and medium scale textile industries along with high disposable income may fuel industry growth.

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Japan containerboard market from construction applications may surpass 430 Mn. Sqr. Mtrs. at the end of 2025. These products are utilized in construction industry to protect building material from rusting and breaking down. New infrastructural development and upgradation of existing infrastructures along with investment from government in constructing new domestic infrastructures including hospitals, schools and offices may stimulate containerboard market.

Global containerboard market share is moderately fragmented with major players includes International Paper, Mondi Group and Smurfit Kappa. Manufacturers are emphasizing on research and development activities along with new technological advancement to develop ecofriendly products to cater high demand of customers.

Read More @ https://www.reuters.com/brandfeatures/venture-capital/article?id=120321

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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