Paperboard Packaging Market Is Expanding at a Cagr of 7.1% Between 2016 & 2024

Transparency Market

Research

Paperboard Packaging Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2016 - 2024

Published Date

06-04-2016

240 Page Report

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Press Release

Paperboard Packaging Market to Reach US$227.47 bn by 2024,

Growth Attributable to Strong Demand from F&B Industry

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Paperboard Packaging Market

REPORT DESCRIPTION

Transparency Market Research has published a new market report titled “Paperboard Packaging Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.” According to the report,

the paperboard packaging market was valued at US$122.69 bn in 2015 and is likely to reach US$227.47 bn

by 2024, expanding at a CAGR of 7.1% between 2016 and 2024.

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.

Paperboard packaging is available in several different grades and offers unique characteristics depending

on the packaging requirements. In terms of application, paperboard is divided into two major categories:

containerboard and boxboard....