Containerboard Market: Key Geographies that will Drive Growth
Regional Growth Analysis and Market Trends 2021-2025
The containerboard market is set to grow by 40.27 mn MT, accelerating at a CAGR of almost 3.81% during the forecast period. This research report analyses the growth trajectory of the market with a purview to prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.
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Containerboard Market: APAC to lead market growth during the forecast period
Containerboard Market: Key Competitors
The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. BillerudKorsnas AB, DS Smith Plc, International Paper Co., Mondi Group, Nine Dragons Paper (Holdings) Ltd., Nippon Paper Industries Co. Ltd., Oji Holdings Corp., Packaging Corp. of America, Smurfit Kappa Group Plc, and Sonoco Products Co. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Market Segmentation by Product
BillerudKorsnas ABDS Smith PlcInternational Paper Co.Mondi GroupNine Dragons Paper (Holdings) Ltd.Nippon Paper Industries Co. Ltd.Oji Holdings Corp.Packaging Corp. of AmericaSmurfit Kappa Group PlcSonoco Products Co.
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