The global paperboard partition market is set to experience significant growth, with a projected market size of USD 1,291.5 million in 2024, and an anticipated increase to USD 1,769.7 million by 2034. According to market analysis, sales are expected to rise at a compound annual growth rate (CAGR) of 3.2% during the forecast period from 2024 to 2034. In 2023, the revenue generated from paperboard partitions reached USD 1,238.3 million.
Among the various product types, brown kraft partitions are anticipated to dominate the market, accounting for 67.8% of the total share in 2024. The popularity of brown kraft partitions can be attributed to their excellent strength and durability, which ensure the safe transport and shipping of delicate products over long distances.
Their versatility in being formed into different sizes and shapes also allows for customized packaging solutions across multiple end-use industries.
Unlock Growth Potential – Request Your Sample Now and Explore Market Opportunities!
The food and beverage sector is expected to be the largest application area for paperboard partitions, capturing over 29.3% of the total market share during the assessment period. This is largely due to the industry’s reliance on effective packaging for fragile items, such as glass bottles, jars, and delicate food products.
Paperboard partitions provide the necessary secure separation for these items within cartons and boxes, thereby minimizing the risk of damage and breakage during transportation.
Product Visibility Challenges May Impact Growth in the Paperboard Partition Market
As consumer expectations evolve, manufacturers are increasingly prioritizing visually communicative packaging solutions that not only protect products but also enhance brand visibility. While paperboard partitions offer robust packaging for multiple items within a single carton, they fall short in providing the product visibility that’s crucial for branding and consumer engagement.
With competition intensifying across markets, brands are seeking packaging solutions that support brand recognition and differentiation throughout the supply chain. This preference for transparent and product-showcasing packaging could pose significant challenges for the paperboard partition market. The shift towards packaging options that balance product protection with visibility signals a key trend impacting the industry, as brands prioritize packaging that supports effective marketing and customer appeal.
Key Takeaways: Paperboard Partition Market
- The market for paperboard partitions recorded a moderate growth rate with a CAGR of 2.3% during the period from 2019 to 2023.
- By the end of 2023, the global paperboard partition market reached a value of USD 1,238.3 million.
- USA: Expected to grow at a CAGR of 1.6% by 2034, highlighting a steady demand in the North American market.
- UK: Presents promising growth opportunities, particularly in cosmetics and personal care packaging, with an anticipated CAGR of 1.7% through the evaluation period.
- Product Type: Brown kraft paperboard is projected to hold a dominant market share, estimated to reach 67.8% by 2034.
- End-Use Sector: The food and beverage industry is set to lead, expected to hold a 29.3% market share by 2034.
Competitive Landscape
Key players in the paperboard partition business are creating and delivering new goods to the market. They are combining with various organizations and expanding their geographical reach. A few of them also collaborate and work with local brands and start-up enterprises to produce new products.
Key Players in Paperboard Partition Market
- Mondi plc
- DS Smith plc
- International Paper
- WestRock Company
- Stora Enso Oyj
- RTS Packaging, LLC.
- M & M Box Partitions Co.
- Mil-Spec Packaging of GA, Inc.
- NIPPON PAPER INDUSTRIES CO., LTD.
- Smurfit Kappa Group plc
- Innerpak Of Wisconsin, Inc.
- Multicell Packaging Inc.
- NEFAB GROUP
- Micor Packaging Pty Ltd
- Cactus Corrugated Containers Inc.
Key Developments in Paperboard Partition Market
- In May 2024, Mondi invested €200 million into a high-quality recycled containerboard machine with an annual capacity of around 420,000 tonnes at its Duino mill.
- In June 2023, Mondi partnered with Syntegon to develop a recyclable paper packaging solution using recycled fibres for dried foods such as flour, sugar and pasta.
- In May 2024, Stora Enso collaborated with Marimekko to create new, dynamic and renewable gift packaging boxes made of renewable certified materials such as fibre-based corrugated board feature Unikko, Marimekko’s most iconic print.
Paperboard Partition Market Segmentation
By Grade:
A few of the grades in the paperboard partition market include bleached and unbleached.
By Product:
In terms of product, the paperboard partition market is divided into brown kraft and white kraft.
By End Use:
Some of end users related to paperboard partition market include food and beverage, personal care, electronic goods, automotive, pharmaceuticals and other industrial.
By Region:
Key countries of North America, Latin America, East Asia, South Asia and Pacific, Western Europe, Eastern Europe, Middle East and Africa are covered.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube