Folding Boxboard Market to Reach US$20.3 Billion by 2032, Fueled by Growing Demand for Lightweight Packaging Solutions

Posted on 2024-04-26 by Future Market Insights in Advertising, Retail // 0 Comments

The Folding Boxboard market demonstrates robust growth potential, poised to reach US$ 20.3 billion by 2032 with a steady 5.2% CAGR from 2022. The study highlights the significance of the 201-300 GSM and 301-350 GSM basis weight segments, jointly comprising 65% of the market share in 2022. Europe spearheads the market, holding a substantial 28% share in 2022. Additionally, the China market is anticipated to grow by 4.8% YoY, contributing to the East Asia region’s projected valuation of US$ 2.4 billion in 2022. This data underscores the evolving dynamics and global potential of the Folding Boxboard industry.

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The folding boxboard market is predicted to be led by the Europe region, which is predicted to account for a sizeable market share of around 28% in 2022. The FMI team also predicts a 4.8% yearly growth rate for the Chinese folding boxboard market in 2022. The entire market value for folding boxboard in East Asia is anticipated to reach US$ 2.4 Bn in 2022.

The team of researchers at Future Business Insights are focussing on research and market study to produce different Folding Boxboard Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Folding Boxboard Market.

The report on the global Folding Boxboard market provides an up-to-date analysis of the existing scenario of the market along with the latest drivers and trends, and the overall environment of the said market. This report comes with an objective as well as an in-depth study of the existing state aimed at the growth of the key players, strategies of the market, and prominent drivers of the market.

The report also makes the involvement of the important achievements pertaining to the launch of new products, regional growth, research and development, product responses, and market achievements. In addition to that, the regional growth of the prominent market players has been included in the report so as to provide a 360 view of the said market.

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.

Market Segmentation

Material

Pulp Based
Bleached Chemical
Recovered Paper
Other Materials

Application Type

Higher end and General Packaging
Healthcare
Cosmetics
Greeting Cards
Other Applications

Queries Solved

What is the size of the overall Folding Boxboard Market in the Food and Beverage Market and its segments?
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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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Frequently Asked Questions

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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.

Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.

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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