Paperboard Market Size, Share, Growth Analysis, By Grade(White lined chipboard, folding boxboard, others), By Product Type(Corrugated box, flexible paper, others), By Region - Industry Forecast 2024-2031

Paperboard Market  Drivers

• Growing Consumer Awareness Regarding Sustainable Packaging Material

Consumers nowadays prefer environmentally friendly products. The packaging industry is no exception, and it has seen a similar trend. Nowadays, environmentally conscious consumers prefer paper or paperboard packaging over other types of packaging solutions.

The waste or recovered paper market is expected to expand, and consumers have shown an increased interest in purchasing recycled products. It is also expected that as developing countries industrialize, there will be an increase in demand for paper and paperboard packaging products. Because it is one of the most widely used recycled paper packaging products on the market, the containerboard packaging market is expected to grow the most.

Paper and paperboard containers are currently biodegradable and more sustainable than plastic, making them more appealing to consumers. Paper and paperboard containers are environmentally friendly because they are recyclable, reusable, save energy, and conserve natural resources. Thus, the environmental benefits of paper and paperboard containers will increase their adoption by businesses in various industries, such as retail, driving the global paperboard market.

Paperboard Market Restraints

• Manufacturers and retailers opt for flexible plastic packaging due to light weight, less shipping & warehousing cost, extra space can hamper market growth.
• Easy handling of plastic packaging products compared to the paper & paperboard packaging can hamper the paperboard market.