The usage of paperboard derived from a blend of virgin and recycled fibres distinguishes the folding boxboard market as a subset of the packaging sector. This kind of paperboard is well-suited for a variety of packaging applications, including boxes for food, cosmetics, electronics, and other consumer goods. It is noted for its strength, durability, ability to hold fine details, and capacity for brilliant colours.
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The global folding boxboard market is expected to grow at a steady pace in the coming years, driven by a number of factors, including increasing demand for sustainable packaging solutions, advancements in printing and converting technologies, and growing e-commerce and online retail sales.
One of the key drivers of the folding boxboard market is the growing awareness of the environmental impact of packaging materials. As consumers and businesses become more conscious of the need to reduce waste and carbon footprint, there is a rising demand for sustainable packaging options, such as paperboard made from recycled fibers or biodegradable materials. This is expected to drive demand for folding boxboard, as it is a more eco-friendly option compared to other packaging materials, such as plastic and aluminum.
Another key driver of the folding boxboard market is the growth of e-commerce and online retail sales. As more consumers turn to online shopping, there is a growing demand for packaging materials that can protect and transport goods during shipping and handling. Folding boxboard is well-suited for this purpose, as it is strong, lightweight, and can be easily customized to fit a wide range of products.
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In terms of regional market, Asia Pacific is expected to be the fastest-growing market for folding boxboard, due to the large population, rising disposable income and the increasing demand for various consumer goods in the region. Western Europe and North America are also expected to see significant growth in the folding boxboard market, driven by the growing demand for sustainable packaging solutions and the rise of e-commerce.
Overall, the folding boxboard market is expected to continue to grow in the coming years, driven by increasing demand for sustainable packaging solutions, advancements in printing and converting technologies, and growing e-commerce and online retail sales. Companies operating in the folding boxboard market should focus on developing sustainable packaging solutions and investing in advanced technologies in order to stay competitive and meet the changing needs of customers.
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Folding Boxboard Market by Category
By Basis Weight :
- Up to 200 GSM
- 201 – 300 GSM
- 301 – 350 GSM
- Above 350 GSM
By Material Type :
- Uncoated Paperboard
- Coated Virgin Paperboard
- Recycled Paperboard
By End Use :
- Food & Beverage
- Pharmaceutical
- Cosmetics & Personal Care
- Automotive
- Electrical & Electronics
- Transportation & Logistics
- Others (Homecare, etc.)
By Rregion :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa (MEA)
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