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Global Paperboard Packaging Market: Thriving E-commerce Sparks Demand, finds TMR

The  global paperboard packaging market  is moderately fragmented and some of the key players are International Paper, NIPPON PAPER INDUSTRIES CO. LTD., WestRock Company, STORA ENSO, Smurfit Kappa Group, and Mondi. In 2015, the top six players held more than 60% of the market in 2015, says a recent study by Transparency Market Research. Some of the large companies have formed their own distribution channels through ancillary companies and joint ventures. Typically, these companies offer products through supply deals with suppliers and distributors. Some paperboard manufacturers have entered into partnerships with logistics companies to diversify operations and augment their presence across the value chain. The global paperboard packaging market is expected to reach a valuation of US$227.47 bn at the end of 2024 displaying a 7.1% CAGR from 2016 to 2024. In 2015, the market stood at a valuation of US$122.69 bn.    Obtain Report Details @  http://www.tran...

Paperboard Packaging Market to Reach US$227.47 bn by 2024, Growth Attributable to Strong Demand from F&B Industry

Paperboard is a thick paper-based material manufactured through wood pulp. It is generally thicker than paper. According to the International Organization for Standardization, a paper can be considered as paperboard if the weight is above 224 g/m2. Paperboard is a renewable and recyclable resource that is sourced from the managed tree farms and recycled paperboards. Paperboard can be single ply or multi-ply, depending on its usage. It is engineered to be strong, yet lightweight and can be easily cut and formed according to the need of the user. Paperboard can also be employed in graphic printing due to its good printing surface. It can be used as information carrier for brand building and finds its application in cosmetics, medicine, and food, clothing industries.   View Exclusive Global Strategic Business Report:   http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2231 Paperboard packaging is available in several different grades ...