Speedy industriliaztion across the globe has created the new opportunities of the global coated unbleached paperboard market. With the help of growing supply chain capabilities, manufacturers are exploring new geographies to tap into the market potential. Coated unbleached kraft paperboard is commonly used for superior strength while packaging of heavy duty products. Coated unbleached paperboard is 100% biodegradable as it uses 80% of the virgin wood pulp. Coated unbleached paperboard finds its application in various end use industry which include food & beverage, pharmaceuticals, electrical & electronics and among others. Increae in penetration of ecommerce sector has created new opportunities for the manufacturers of coated unbleached paperboard market. Due to its strong durability, coated unbleached paperboard finds its application in various end use industry.Coated unbleached paperboard is highly preferred for industrial packaging in which heavy goods are transferred from one end point to another end point in large quantity.Coated unbleached paperboard finds useful application in shipping & logistics industry. Overall the global outlook of the global unbleached kraft paperboard is expected to remain positive during the forecast period.
The global packaging industry has undergone significant transformation in the last couple of decades. To tap the vast potential of rigid packaging, packaging manufacturers are shifting towards eco friendly products to attract the consumers and increase the sales of coated unbleached paperboard. The global coated unbleached paperboard is poised to face heavy demand from the retail sector which has resulted in increase in demand of coated unbleached kraft paperboard among the consumers. Apart from this, increase in awareness among the consumers and manufacturers regarding the effects of plastic packaging on the surrounding has resulted in a major shift in preference of environmentally friendly packaging solutions such as coated unbleached paperboard. Rapid growing end use industry in Asia Pacific region such as automobile, consumer electronics have increased the trade volume of the goods which has ultimately driven the coated unbleached paperboard market. The prevelance of unorganized sector consisting of small & medium manufacturers restricts the growth of the global coated unbleached paperboard market.
The global coated unbleached paperboard market is segmented by product type and end use industry. The pricing for coated unbleached paperboard has being done based on product type segment in US$ million, and the volume is considered in Tonnes
The geographical analysis of the global coated unbleached paperboard market has revealed that the North America is expected to create enormous opportunity of the global coated unbleached paperboard. The United states is expected to register major share of the global coated unbleached paperboard market while Canada is expected to register notable growth during the forecast period.Cosumers are opting coated unbleached paperboard in comparision with plastic packaging.
Asia Pacific & Europe is expected to witness steady demand of the global coatred unbleached paperboard market. Emerging countries such as China & India is expected to create enormous opportunitoies of the manufacturers of the global coated unbleached paperboard market. Increase in awareness among the consumers of using sustainaible and recycleable products has further boost the growth of the global coated unbleached paperboard market. Middle East & Africa (MEA) is expected to register sluggish growth of the global coated unbleached paperboard market during the forecast period.
A few of the key players in the market are International Paper, Sonoco Products Company, Litco International, Inc, Cordstrap B.V. and among others
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