Because of its low weight, high grammage, and versatility, containerboard, also known as corrugated case material (CCM), is a common packaging material. Liner board (facing) and corrugated medium (fluted paper) are the two main components. Kraftliner is made of virgin fibers, whereas Testliner is made of recycled fibers. Corrugated media can be virgin, semi-chemical, or recycled, depending on the pulp used. Corrugated containers were one of the most recyclable packing materials, with around 88.8% of them being recycled. Container board manufacturing, according to the American Forest and Paper Association, consumes more than half of the recovered fiber used in paper and paperboard manufacturing.
Asia-Pacific Containerboard Market Report Scope and Research Methodology:
The market report offers historical data and forecasts revenue growth at a regional, and country level with a detailed analysis of Asia-Pacific Containerboard market trends in each of the main segments and its sub-segments from 2022 to 2029. Data triangulation is the key research methodology used by Maximize Market Research team, which involves analysis of the impact of data variables on the Asia-Pacific Containerboard market, data mining and primary (industry expert) validation. The research report provides the past and present status Asia-Pacific Containerboard market with forecasted trends and size. The analysis of the complicated data of the Asia-Pacific Containerboard market has been provided in easy language in the research report. SWOT analysis was used to provide the strengths, weaknesses, opportunities and threats for key players in the Asia-Pacific Containerboard industry and to estimate the market size bottom-up approach was used.
Asia-Pacific Containerboard Market Report Overview:
The forecast has been majorly done by analysing past data and the current trends in the Asia-Pacific Containerboard Market. It includes the market size, share, regional analysis, dynamics, CAGR and future trends, which makes the report a guide for the investors as it provides a futuristic view of the Asia-Pacific Containerboard Industry.
Asia-Pacific Containerboard Market Size was valued at USD 56 billion in 2021. The Asia-Pacific Containerboard Market size is estimated to grow at a CAGR of 3.3 % over the forecast period.
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Asia-Pacific Containerboard Market Regional Analysis:
The Asia-Pacific Containerboard Market research examines all regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The report provides the current condition and prediction for the regional Asia-Pacific Containerboard market in terms of market size, share, and volume.
Asia-Pacific Containerboard Market Segmentation:
Due to their high tensile strength and widespread application in the production of paper sacks, kraft liners are likely to account for the bulk of market share over the projection period.
However, test liners are expected to grow significantly due to their wide range of applications in consumer durables packaging, such as processed food, meat products, and home & personal care, as well as their role in reducing carbon emissions, which is driving the segment's growth over the forecast period.
The food and beverage industries are expected to account for a sizable percentage of the containerboard market. Sausages, cheese, pies, canned vegetables, and other food and beverage items are offered. These goods, which are designed to keep consumables safe from tampering and contamination, require nutritional consistency to keep their texture and taste.
Asia-Pacific Containerboard Market Key Players:
SCG PACKAGING PUBLIC COMPANY LIMITED (Thailand)
Lee & Man Paper Manufacturing Ltd. (China)
Rengo Co. Ltd. (Japan)
Nine Dragon Paper (Holdings) Limited (Hong-Kong)
Key Questions answered in the Asia-Pacific Containerboard Market Report are:
What are the Asia-Pacific Containerboard market segments?
Which region of the Asia-Pacific Containerboard market is expected to grow at a high rate during the forecast period?
What is the expected CAGR of the Asia-Pacific Containerboard market during the forecast period?
What are the emerging trends in the Asia-Pacific Containerboard market?
What are the factors restraining the Asia-Pacific Containerboard market growth?
Key offerings:
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