Global Coated Paperboard Market: Overview
Increasing awareness of the eco-friendly packaging product is boosting the global coated paperboard market significantly. Coated paperboard is a thick paper-based material made of recycled paper pulp. The product is gaining immense market attention owing to it numerous benefits. Coated paperboard can be easily customized as per packaging requirement. Unlike plastic packaging, it does not pose a threat to the environment and can easily be recycled. Its thickness and light weight properties make it ideal product for the packaging industry.
An upcoming report by Transparency Market Research gives a detailed insight into the various aspects of the global coated paperboard market. The report furnishes information on the drivers and restraining factors shaping the growth pace of the global coated paperboard market. It intends to offer a broad analysis of future business prospect of global coated paperboard market. The study includes a detailed geographical segmentation and lists down the top players of the market, their strategies, and their impact on the global coated paperboard market.
Global Coated Paperboard Market: Trends and Opportunities
The global coated paperboard market is expected to rise rapidly owing to the increasing demand in packaging and printing sector. This is because of the convenience of use and ease of transport of coated paperboard. Apart from that, coated paperboard can also extend shelf life of the products and is eco-friendly since it can be recycled. Additionally, it can be used for the wide array of products and hold greater scope for branding and marketing strategies of the companies.
However, global coated paperboard market is also getting hampered due to the inability of the products to handle the mechanical stress of heavy materials and strict government norms pertaining to the packaging industry. To overcome such challenges, nimble manufacturers and independent research bodies are trying develop durable products that can withstand high physical stress.
Coated paperboard can be customized easily as per the product requirement. This is one of the reasons why the demand in the global coated paperboard market could be rising steadily.
The flourishing food and beverage industry is believed to be driving most of the demand in the global coated paperboard market. Strict norms pertaining to food packaging and thrust on eco-friendly materials could be driving uptake of the products.
Global Coated Paperboard Market: Geographical Analysis
Geographical analysis of the global coated paperboard market helps to understand the regional sentiments of the market. On the basis of geography, coated paperboard market is segmented into North America, Europe, and Asia Pacific. Among the mentioned three regions, North America is likely to hold maximum potential for global coated paperboard market because of the prevailing green guidelines for the usage of bio renewable products. Hence the common people are inclined towards the usage of eco-friendly packaging.
Global Coated Paperboard Market: Competitive Landscape
Key players in the global coated paperboard market include ITC, Shandong Bohui Paper, Stora Enso, Zumbiel Packaging, Graphic Packaging International, Paper Works Industries, Multi Packaging Solutions, Caraustar, Cascades, and Clondalkin Group. Stora Enso is likely to emerge as the prominent players of global coated paperboard market owing to its newly launched lightweight packaging technique. The technique is highly beneficial in packaging of food and beverages industry.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.