The global folding boxboard market is poised for remarkable expansion, with estimations indicating a valuation of US$ 12.2 billion in 2022, projected to surge to US$ 20.3 billion by 2032, boasting a robust Compound Annual Growth Rate (CAGR) of 5.2%. Future Market Insights predicts a comprehensive analysis of the folding boxboard market dynamics, highlighting various industry factors and specific influences on properties such as tear strength, brittleness, and elasticity.
Recent market advancements, including the development of lighter folding boxboards without compromising strength properties, are driving cost savings in raw materials. In a notable move, Metsä expanded its Husum mill production by 200,000 tonnes in May 2022 to extend folding boxboard capacity, indicative of industry growth and innovation.
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The Fast-Growing E-commerce Industry: A Catalyst for Folding Boxboard Market Growth
The burgeoning e-commerce industry, both in developed and developing economies, is poised to unlock significant growth opportunities for folding boxboard manufacturers. With millions of products shipped annually from retailers’ warehouses to consumers via e-commerce platforms, the demand for protective and functional packaging solutions is soaring.
The Role of Folding Boxboards in E-commerce Packaging:
Every product transported through e-commerce channels necessitates protective packaging to ensure safe delivery to consumers. Corrugated boxes and folding boxboards emerge as indispensable packaging solutions, safeguarding delicate products during transportation while maintaining structural integrity.
The Impact of E-commerce Trends on Folding Boxboard Market:
The escalating trend of internet shopping is forecasted to drive the global corrugated boxes market, amplifying the demand for convenient and lightweight packaging solutions like folding boxboards. Renowned for their efficacy in protecting packaged contents and sustainability, folding boxboards are poised to experience heightened demand amidst the e-commerce industry’s rapid expansion.
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The following players hold a significant share in the global Folding Boxboard market
The writer will create content on the general strategies of market players. And then will write the key players in the market are:
International Paper Co., ITC Limited, Kotkamills Oy., Mayr-Melnhof Karton AG, Metsä Board Corp., Mondi Group plc, Nippon Paper Industries Co., Ltd., SAPPI Ltd., Shandong Bohui Paper Industrial Co., Ltd. and Stora Enso Oyj.
Queries Solved
- What is the size of the overall Folding Boxboard Market in the Food and Beverage Market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities, and challenges of the Folding Boxboard Market in the Food and Beverage Market, and how they are expected to impact the market?
- What are the attractive investment opportunities within the Folding Boxboard Market in the Food and Beverage Market?
- What is the Folding Boxboard Market in the Food and Beverage Market size at the regional and country-level?
- What are the key market players focusing on?
- What are the strategies for growth adopted by the key players in Folding Boxboard Market in the Food and Beverage Market?
- What are the recent trends in Folding Boxboard Market in the Food and Beverage Market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Folding Boxboard Market in the growth of the Food and Beverage Market?
- What are the key market trends impacting the growth of the Folding Boxboard Market in the Food and Beverage Market?
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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)
Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
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.
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