Paperboard Packaging Market to Witness Impressive CAGR of 7.1% in 2024

By Roshan k    11 / Jan / 2019    In Category Business

Paperboards are manufactured from wood pulp or layers of paper. The thickness of the paper piles defines the paperboard, which is usually large as compared to paper in order to maintain the weight to area ratio. According to International Organization for Standardization, the weight should be 224g/m2 to consider it as paperboard. Depending on application, paperboard can be a single ply or multi-ply. Paperboard offers good printing surface and excellent print quality. This makes it an ideal information carrier and brand builder. Paperboards are generally employed in cosmetics, clothing, footwear, and food industries.

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The report comprises in-depth analysis and forecast of the paperboard packaging market on a global as well as regional level. The report includes forecast for the period from 2016 to 2024 in terms of volume (kilo tons) and revenue (US$ Mn). Quantitative data has been derived through extensive secondary research of the global paperboard packaging market. Secondary sources typically include company websites, relevant magazines, government documents, and press releases. The top-down approach has been adopted to derive the regional numbers from global revenue and volume figures. Furthermore, the bottom-up approach has been employed to derive data for various product segments based on demand for paperboard packaging in each geographic segment. A combination of top-down and bottom-up approaches helps in validation of the quantitative data. The data was further validated with the help of primary research with industry experts to ensure accuracy of derived numbers.

Detailed analysis of various factors driving the global paperboard packaging market has been included for astute decision making. Impact of these drivers during the forecast period has been included with data to substantiate research findings. Furthermore, factors restraining market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the forecast period. The report also comprises various opportunities available for market growth over the next eight years. Opportunities entail untapped or recently explored factors that are anticipated to drive the paperboard packaging market during the forecast period.

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The report includes value chain analysis to help understand the industry thoroughly. Value chain analysis comprises detailed evaluation of the roles of various entities involved in the paperboard packaging industry, from raw material suppliers to end-users. Various processes employed in the manufacture of paperboard packaging have been included in the value chain analysis. Porter’s Five Forces model has been employed to determine the degree of competition in the market during the forecast period.