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Paperboard Packaging market Trends By 2026

The global paperboard packaging market is poised for robust growth on the back of the expanding food & beverage sector.

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Paperboard Packaging market Trends By 2026

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  1. Paperboard Packaging Market Analysis and Outlook by Types and Application (2021-2026) © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Global Market Scenario of Paperboard Packaging Industry • As per studies conducted at Global Market Insights Inc., the global paperboard packaging market revenue is expected to surpass $200 billion by 2026. • The global paperboard packaging market is poised for robust growth on the back of the expanding food & beverage sector. Paperboard is usually a paper-based thick material used for packaging applications. It is extensively used for numerous food products like dairy products and soups. • Besides, paper-based packaging has gained significant traction due to its environment-friendly properties. Customers worldwide have started preferring eco-friendly products over traditional non-paperboard-based products. • Moreover, intense pressure from governments, activist groups, and media has also encouraged manufacturing firms to make their packaging, and operations sustainable, thereby accelerating the global paperboard packaging market growth over the forecast period. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- • The global paperboard packaging market is essentially gaining traction from the FMCG sector. The proliferation of extreme competition in the FMCG segment has prompted manufacturers to incorporate brand positioning techniques and creative marketing, such as marketing products as environmental-friendly through expressive branding, packaging, and product designs, thereby accelerating the demand for paperboard packaging adoption. • The market has also recorded unprecedented growth from the F&B and medical industries in wake of the ongoing COVID-19 pandemic. Governments’ stringent lockdown procedures in numerous regions have also resulted in a surge in essential buying, predominantly accelerating the demand for paperboard packaging. • Based on raw material, recycled wastepaper was accounted for over 60% of the paperboard packaging market share. Developed regions such as Europe and North America are key drivers in the paper recycling segment. Numerous government investments and initiatives aimed at recovering infrastructure and have led to rising recycling rates and people participation through awareness campaigns. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/2060 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. 360° Industry Analysis • Based on the application, the non-durable goods segment was accounted for more than 15% of the total market share in 2019. This application segment includes cleaning products, cosmetics, and other perishable items. On the other hand, the non-durable goods application segment has been recording significant traction across developing nations in Latin America and the Asia Pacific on account of its burgeoning imports and per capita usage. • Speaking of regional front, Latin America is expected to record a 3% CAGR in paperboard packaging market size owing to favorable government policies and a growing urbanization rate. The regional market led by Mexico and Brazil have emerged as the major nations for paper packaging solutions in the region. Request for customization:https://www.gminsights.com/roc/2060 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Competitive Analysis: • DS Smith, Westrock Company, Sappi Ltd., Cascade Inc., Stora Enso, Mesta Board, Oji Holdings Corporation, International Paper Company, ITC Ltd., and Mondi plc are some of the key players operating in the Paperboard Packaging market. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  7. Latest Research Report On Paperboard Packaging Market@ https://www.gminsights.com/industry-analysis/paperboard-packaging-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/2060 Request for customization: https://www.gminsights.com/roc/2060 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  8. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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