Summary
SBS Paperboard Packaging Market Growth, 6% CAGR, Research Report and Industry Forecast
to 2023 | Global SBS Paperboard Packaging Market by Type (Corrugated Boxes, Boxboard, Paper
bags), by Grade (Folding boxboard, Solid bleached sulfate, White line chipboard, Coated
Unbleached Kraft board and others), by Application (personal care, healthcare, food & beverages,
electronics, and others), and by Region – Forecast till 2023
SBS Paperboard Packaging Market Overview
Paperboard packaging is a material with thick paper base. The end product is then used for packing
and wrapping products. The SBS Paperboard Packaging market is expected to gain 6% CAGR
during the forecast period (2017-2023). Market Research Future (MRFR) claims in their report
that the paper & paperboard packaging market can gain much acceptance owing to rise in demand
for sustainable and bio-friendly packaging.
Factors that can impact the global paper & paperboard packaging market are the growing demand
for eco-friendly options to reduce the adverse impacts of plastic on the earth. Online shopping is
one of the major traction providers for the global paper & paperboard packaging market. These
can be cut and molded as per the need, simplifying the packing procedure remarkably, which can
ensure substantial growth for the market in the coming years.
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Competitive Landscape
Several companies are in the run to develop the best and take over the global paper & paperboard
packaging market. These companies are
ITC Ltd. (India)
Amcor Ltd. (Australia)
RockTenn Company (U.S.)
Cascades Inc. (Canada)
Packaging Corporation of America (U.S.)
Clearwater Paper Corporation (U.S.)
Mondi Group (South Africa)
Metsa Group (Finland)
DS Smith Plc. (U.K.)
Georgia-Pacific LLC (U.S.)
Sonoco Products Company (U.S.)