Published by Coherent Market Insights
Posted on September 21, 2021
Paper and board are made from natural fibers which are recyclable. Carton boxes are effective packaging solution, which offers protection against breakage and damage during transit or storage. This packaging has application in various end-use industries such as food and beverages, electronics, consumer goods, healthcare, and personal care and cosmetic industry.
Rising government support for e-Commerce or online retailing fueled demand for board packaging across the globe in 2018. According to the data provided by the US Department of Commerce and International Trade Administration, in 2016, the Malaysian Ministry of International Trade and Industry (MITI) launched a new e-Commerce initiative, in order to focus on small and medium-sized enterprises under e-Commerce and to expand market access for over 87 million digital customers in ASEAN region.
Top Key Players in Board Packaging market: International Paper Company, The Smurfit Kappa Group plc, WestRock Company, Cascades Inc., Amcor plc., Graphic Packaging International, LLC, Stora Enso OYJ, All Packaging Company, and Georgia-Pacific.
Regional Analysis For Board Packaging Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Board Packaging market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Europe accounted for significant market share within the global board packaging market in 2018, due to new product launches of board packaging by key players to strengthen their position within the market. as an example , in 2019, Smurfit Kappa Company launched new corrugated cardboard range named as TopClip for beverages within the market. The new TopClip features two die-cut holes so it are often handled easily future . the merchandise is specially designed to exchange single use plastic for bundling canned and bottled beverages. it’s plastic-free and 100% recyclable, renewable, and biodegradable.
Key players are adopting various in-organic growth strategies such as new product launches, mergers and acquisitions, partnerships, and collaborations, in order to gain market share in the global board packaging market. For instance, in 2019, the U.S based company True Salt launched recyclable cardboard box for retail and hospitality product distribution. The new three-pound box is made for retail and hospitality product distribution. The company has selected 100% recyclable cardboard for its packaging. The company offers a range of salts including flake salts and cocktail salt for beverages.
Moreover, in 2018, the WestRock Company, a leading provider of differentiated paper and packaging solutions acquired all assets of Plymouth Packaging. Inc. (Plymouth) to expand its product portfolio in the containerboard packaging in the North America.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Board Packaging market with New Business Opportunities Discussed appeared first on Gatorledger.
Paper and board are made from natural fibers which are recyclable. Carton boxes are effective packaging solution, which offers protection against breakage and damage during transit or storage. This packaging has application in various end-use industries such as food and beverages, electronics, consumer goods, healthcare, and personal care and cosmetic industry.
Rising government support for e-Commerce or online retailing fueled demand for board packaging across the globe in 2018. According to the data provided by the US Department of Commerce and International Trade Administration, in 2016, the Malaysian Ministry of International Trade and Industry (MITI) launched a new e-Commerce initiative, in order to focus on small and medium-sized enterprises under e-Commerce and to expand market access for over 87 million digital customers in ASEAN region.
Top Key Players in Board Packaging market: International Paper Company, The Smurfit Kappa Group plc, WestRock Company, Cascades Inc., Amcor plc., Graphic Packaging International, LLC, Stora Enso OYJ, All Packaging Company, and Georgia-Pacific.
Regional Analysis For Board Packaging Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Board Packaging market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
Europe accounted for significant market share within the global board packaging market in 2018, due to new product launches of board packaging by key players to strengthen their position within the market. as an example , in 2019, Smurfit Kappa Company launched new corrugated cardboard range named as TopClip for beverages within the market. The new TopClip features two die-cut holes so it are often handled easily future . the merchandise is specially designed to exchange single use plastic for bundling canned and bottled beverages. it’s plastic-free and 100% recyclable, renewable, and biodegradable.
Key players are adopting various in-organic growth strategies such as new product launches, mergers and acquisitions, partnerships, and collaborations, in order to gain market share in the global board packaging market. For instance, in 2019, the U.S based company True Salt launched recyclable cardboard box for retail and hospitality product distribution. The new three-pound box is made for retail and hospitality product distribution. The company has selected 100% recyclable cardboard for its packaging. The company offers a range of salts including flake salts and cocktail salt for beverages.
Moreover, in 2018, the WestRock Company, a leading provider of differentiated paper and packaging solutions acquired all assets of Plymouth Packaging. Inc. (Plymouth) to expand its product portfolio in the containerboard packaging in the North America.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Board Packaging market with New Business Opportunities Discussed appeared first on Gatorledger.
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