The growth of paperboard packaging market is witnessing steady growth in sales from the growing utilization of this versatile material in multiple end-use industries. Revenues in paper and paperboard food packaging have grown remarkably on the back of the need for sturdy, lightweight, and printable-friendly packaging materials. The global paperboard packaging market is projected to reach valuation of US$ 299.4 Mn by 2031.
Enormous utilization of boxboard and containerboard for packaging cosmetic & personal care and chemical industries has propelled massive profitable avenues which companies in the paperboard packaging market have been capitalizing on. Advancements in paper packaging technology are assisting packaging companies to gain access to materials with high weight-to -area ratio.
The trend of sustainable packaging has gathered enormous attention among both packaging companies and consumers in end-use industries. Paperboard packaging has generated worldwide interest due to the fact that a large proportion of paperboards are recyclable. Efforts to increase the recyclability including robust impetus to boost the recycling infrastructure is catalyzing the adoption of paperboard packaging in multiple end-use industries, thus boosting paper packaging industry growth
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Key Findings of Paperboard Packaging Market study
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Paperboard Packaging Market: Key Drivers
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Paperboard Packaging Market: Regional Growth Dynamics
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Paperboard Packaging Market: Key Players
Some of the key players in the paperboard packaging market are WestRock Company, Svenska Cellulosa Aktibolaget. Smurfit Kappa Group Plc., Shandong Bohui Paper Company Ltd., Oji Holdings Corporation, Nippon Paper Industries Co. Ltd., Metsa Group, Mondi Group, International Paper Company, ITC Ltd., and Clearwater Paper Corporation.
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