Dublin, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The "Global Folding Boxboard Market (2024 Edition): Market Size, Trends, Opportunities and Forecast By End-use, Material Type, Packaging Type, Region, By Country: 2020-2030" report has been added to ResearchAndMarkets.com's offering.
Folding Boxboard Market was valued at USD 10.52 billion and is expected to grow at a CAGR of 4.76% during 2025-2030.
The Folding Boxboard market has experienced robust growth due to the increasing demand for sustainable packaging solutions, advancements in paperboard manufacturing technologies, and the rising awareness of environmental conservation. Folding boxboard is a lightweight, multi-ply paperboard made from virgin and recycled fibers, commonly used for packaging food, cosmetics, pharmaceuticals, and other consumer goods. The market is driven by the need for high-quality, eco-friendly packaging materials that meet regulatory standards and consumer preferences.
One of the primary drivers of the Folding Boxboard market is the growing demand for sustainable and recyclable packaging materials. As consumers and businesses become more environmentally conscious, there is a significant shift towards packaging solutions that minimize environmental impact. Folding boxboard, made from renewable resources, offers excellent recyclability and biodegradability, making it a preferred choice for packaging applications.
The rise in e-commerce and the increasing need for attractive and durable packaging have also played a crucial role in the market's growth. Folding boxboard is widely used in the packaging of products sold online, as it provides protection during shipping while offering opportunities for branding and product differentiation. The demand for aesthetically pleasing packaging that enhances the unboxing experience has further boosted the market.
Advancements in manufacturing technologies have influenced the Folding Boxboard market, leading to the production of high-quality, lightweight, and strong paperboard materials. These advancements allow manufacturers to offer products with improved printability, surface finish, and barrier properties, catering to the diverse needs of various end-use industries.
Geographical Insights
Asia Pacific represents the largest market for Folding Boxboard, driven by rapid urbanization, increasing disposable incomes, and growing demand for packaged goods. Countries like China, India, and Japan are key markets, with expanding packaging industries and a focus on sustainable materials.
Reasons to buy this report:
- In-Depth Comparative Assessment of Top 20 Markets in the Folding Boxboard Market: Comparative assessment of 20 leading countries highlighting the total addressable market, opportunities, lucrative segments and competitive positioning of leading companies.
- Comprehensive Historical, Present, and Future Analytics of the Folding Boxboard Market: A deep dive in the historical (2020-2023), current (2024) and forecast (2025-2030) market analytics of Folding Boxboard Market.
- Detailed Analysis of Folding Boxboard Market By End-use, Material Type, and Packaging Type Across 20 Countries
- Gain insights specific to new entrants or new market areas to tap: The study provides detailed market entry strategies, including analysis of barriers to entry, pricing strategies, opportunities, trends, drivers, and challenges and product positioning using the Opportunity Portfolio Matrix (OPM)
- Strategic Company Movements: Tracking Competitive Developments and Key Players in the Market: The report covers competitive strategies, mergers & acquisitions, new developments, future plans and market share analysis
Key Companies
- Dominus Impex LLP
- Sappi Ltd
- Nippon Paper Industries Co Ltd
- The FOLBB Group
- PG Paper Company
- Shandong Bohui Paper Industry Co Ltd
- Stora Enso Oyj
- Holmen Iggesund
- MM Board & Paper
- Mondi Group PLC
- Smurfit Kappa PLC
Market Segmentation
By End-use:
- Personal care & Cosmetics
- Food & Beverages
- Healthcare
- Food Service
- Other End-uses
By Material Type:
- Bleached Chemical
- Recovered Paper
- Pulp-Based
- Other Material Types
By Packaging Type:
- Trays
- Boxes & Cartons
By Geography:
- Americas (The United States, Canada, Brazil, Mexico, Rest of Americas)
- Europe (United Kingdom, Germany, France, Italy, Spain, Turkey, Russia, Rest of Europe)
- Asia Pacific (China, Japan, South Korea, India, Singapore, Indonesia, Rest of Asia Pacific)
- Middle East and Africa (GCC, Israel, South Africa, Rest of Middle East and Africa)
For more information about this report visit https://www.researchandmarkets.com/r/y1mvct
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