The value of the coated recycled paperboard market is anticipated to increase from US$ 7.27 billion in 2022 to US$ 10.5 billion in 2032, at a CAGR of 4.7%, according to Future Market Insights. Coated recycled boards are getting more and more popular as more people grow worried about the state of the environment.
Customers appreciate products marked as “green” more and more, which reflects the popularity of eco-friendly packaging solutions. This helps brand owners increase consumer attachment to their products, which benefits them. This is projected to increase the use of coated recycled paperboard.
Coated Recycled Paperboard Market Overview
Coated Recycled Paperboard is majorly utilized in consumer products and food and beverage industries, for product categories including soap and laundry detergent packaging, cookie packaging, cracker packaging, paper goods packaging (facial tissue and napkins), cake mix packaging, and cereal boxes and other dry food packaging.
Market Overview:
Paperboard is a kind of paper which is thicker than the normal paper and is mainly used for the purpose of packaging. Major properties which make paperboard ideal for packaging purposes are its thickness, and light weight. Paperboard can be single ply or multi ply depending upon its usage, and can be cut in any size as per the requirements of the customer.
This flexibility of the paperboard makes it an obvious choice for packaging of various goods. Also, surface of paperboard is very smooth, which makes it useful for graphic printing companies to use it as a platform for marketing and branding. Coated Recycled Paperboard can be recycled with materials such as old containers, newspapers, box board clippings, and so on. The coated recycled paperboard is usually coated with a thin layer of kaolin clay to improve the finishing of its printing surface.
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Market Dynamics:
The most important advantage that the Coated recycled paperboard provides is convenience, ease of use and ease of transport. The coated recycled paperboard is very convenient to use for packaging purpose. Coated Recycled Paperboardcan be easily customized as per the requirements of the customer that uses it for packaging of various goods. This has increased the popularity of the coated recycled paperboard for the packaging purposes.
The other driving factors that are associated with the global coated recycled paperboard market are extended shelf life of the products, eco-friendliness and recycling ability, usage for wide array of products, branding and marketing strategies, rapidly growing e-commerce businesses and so on. The coated recycled paperboard market also receives fierce competition from the other medium of packaging that is used for the products of the same category. Therefore to stay ahead in the competition the coated recycled paperboard need constant improvement in their features. This is a major challenge for this market.
The global Coated Recycled Paperboard market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). North America leads the global market of coated recycled paperboard. This region has been ahead from the other regions for quite a long time now because of the ever increasing demand. European region ranks second globally in the market of coated recycled paperboard.
Since there has been a rise in the disposable income of the consumers from the developing regions, the global coated recycled paperboard market has started to witness a boost due to this factor. The markets in the regions of APEJ, Latin America and Middle East are rising steadily because of the increased demand from these regions. With respect to Asian region is concerned India and China have a lot of potentials as far as the growth of the coated recycled paperboard market is concerned.
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Key Players:
The Key players in the Coated Recycled Paperboard market are as follows:
- Caraustar
- Westrock
- Strathconapaper
- Graphic Packaging International
- Pacific Paper
- Impressions Incorporated
- Spartan Paperboard
- Paperworks
- Smurfit Kappa
- Sonoco
- Trim-Pac Inc.
- Papertec Inc.
- Cascades
- White Pigeon
- The Newark Group
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico, Brazil and Rest of Latin America)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg and Rest of Western Europe)
- Eastern Europe (Poland, Russia and Rest of Eastern Europe)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, and Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Market Segmentation:
By coating type, the coated recycled paperboard can be classified as follows:
- Kaolin clay or china clay
- Calcium carbonate
- Titanium Dioxide
By application, the coated recycled paperboard can be classified as follows:
- Soap and laundry detergent packaging
- Beauty and Personal care
- Paper goods packaging (facial tissue and napkins)
- Cereal Cartons
- Light bulbs
- Dry foodstuffs
- Others (Pet food, Bakery, Home and Garden and so on)
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https://issuu.com/nk99/docs/canvas_bags_market_size_
https://www.transferbigfiles.com/5d5e7adf-2a46-4c47-930d-c67870911f10/UbpiVMoGvTM4ThiLl97z9Q2
https://www.slideserve.com/niranjan6/canvas-bags-market-size-share-cagr-forecast-report-for-2030
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