Sustainable Surge

One of the key talking points behind sustainability is the fact that it is a win/win proposition for most companies, something very rare in today’s business world. In short, companies with strong sustainability programs are not only proving themselves good environmental stewards, they are also reaping financial reward, as well.

A new report from Transparency Market Research seems to bear this out. The report, entitled Paperboard Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020, predicts the global paperboard packaging market will grow from its 2013 value of $108.08 billion to $181.81 billion by 2020, expanding at a 7.8 percent compound annual growth rate between 2014 and 2020.

But it is the reason for the anticipated growth that is the real takeaway from the report, which speculates the significant growth in the global sustainable packaging industry will drive the growth.

Expansion in the global packaged food and cosmetics industries is perceived as another growth factor, and expansion in the e-commerce in BRICS countries (Brazil, Russia, India, China and South Africa) is also expected to provide tremendous growth opportunities in the paperboard market.

Containerboard is currently the largest product segment of the paperboard packaging market and is expected to be the fastest growing product type during the forecast period. Boxboard is expected to expand at a more moderate rate, with folding boxboard, however, estimated to grow at its fastest clip in the next several years.

The food & beverage segment holds the largest global share of the paperboard packaging market (with about 45 percent share in terms of volume) and is expected to remain the fastest growing segment in the coming years.

The geographic area representing the largest segment for paperboard packaging is the Asia Pacific region, which accounts for 45 percent share in terms of volume.


Share on facebook
Share on twitter
Share on linkedin

Subscribe To Our Weekly Newsletter

No spam, notifications only about new products, updates.

Most Popular

Related Posts

INFOFLEX 2024 Reportedly 75% Sold Out

INFOFLEX 2024 booths are already reportedly 75 percent sold out for the May 6-7, 2024, show at the Kansas City Convention Center in Kansas City, Missouri. The show is the first installment following the start of FTA’s CPC Awareness Campaign. Designed to increase CPC and brand owner engagement at Association events, the Campaign reportedly brought

FLAG To Host November Lunch & Learn

FLAG (Flexo Label Advantage Group LLC), a buying group with 140 label converter members, has announced its next Lunch & Learn event scheduled for November 30th, featuring Label Traxx. The event, titled “Automatic Stock Planning with Batched,” will be presented by Nick Wagner and John Mullins from the Label Traxx team at 1:00 PM EDT.

All Printing Resources Introduces FlexoAcademy Training Program

All Printing Resources (APR) has introduced FlexoAcademy, a new training program for the printing industry. “Our goal is to create a training environment that fosters collaboration and empowers individuals to think beyond their immediate roles,” said Catherine Haynes, VP of Strategic Initiatives for APR and lead developer of the FlexoAcademy program. “By leveraging the familiar

Resource Label Group Acquires Coast Label Company

Resource Label Group, LLC (RLG) has acquired Coast Label Company based in Fountain Valley, California. Coast Label is a seven-time winner of the Eugene Singer award for Best Managed Company. It is a supplier of UL Labels, medical device labels, engineered applications, industrial and security solutions.  In addition, Coast Label maintains certifications including ISO 9001:2015,

Scroll to Top