Global Folding Boxboard Market Report and Forecast 2024-2032

Global Folding Boxboard Market Outlook

The global folding boxboard market is expected to grow at a CAGR of 5.8% in the forecast period of 2024-2032.

North America to be Among the Leading Regions for the Global Market for Folding Boxboard

North America is one of the leading regions for the folding boxboard industry. The market growth of folding boxboard in North America is attributed to the rising demand for bio-based packaging solutions, along with the rising awareness and demand among the consumers regarding the personal care products.

The market in the Asia Pacific region is expected to witness a robust growth due to the rapid urbanisation and the rising income of the consumers in emerging countries such as India and China. Moreover, efficient production facilities, increased capacities, and the availability of cheap labour are projected to further assist the growth of the Asia Pacific market in the coming years. Another important factor for the expansion of the Asia Pacific market has been the increased spending power of consumers, leading to a heightened downstream demand for the product. Additionally, due to the growing awareness about the environment in the recent years, consumers are becoming more inclined towards purchasing eco-friendly packaging solutions in the region, which is further projected to contribute towards the growth of the market in the Asia Pacific.

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Folding Boxboard: Market Segmentation

Folding boxboard is a packaging material, having a high stiffness. It is generally made up of mechanical pulp, which is then put between a top and a back sheet that is made up of chemical pulp. The highest layer of the folding boxboard is bleached and is usually coated with pigments.

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On the basis of material, the market is segmented into:

• Pulp Based
• Bleached Chemical
• Recovered Paper
• Others

The market finds its application in the following segments:

• Greeting Cards
• Transportation
• Packaging
• Others

The regional markets for folding boxboard can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Growing Eco-Consciousness Among Consumers to Bolster the Growth of Global Market for Folding Boxboard

The increasing usage of folding boxboard in various application sectors, the growing population, and the increasing awareness among the people regarding the advantages of eco-friendly packaging are the significant factors, which are enabling the expansion of the folding boxboard industry. The growth of the personal care industry across the globe, along with the growing innovation in the industry and its downstream sectors, are further driving the growth of the folding boxboard industry. The rising demand for folding boxboard in the packaging of health and pharma products, cigarette packaging, and food packaging is expected to propel the market growth in the coming years.

Key Industry Players in the Global Folding Boxboard Market

The report gives a detailed analysis of the following key players in the global folding boxboard market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• International Paper Company
• Metsä Board Corporation
• Holmen Iggesund
• JK Paper Ltd.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report