Folding Boxboards Market - Forecast(2021 - 2026)

Report Code: CMR 22363 Report Format: PDF + Excel (Delivery in 48 Hrs)
Folding Boxboards Market size is forecast to reach $12.5 billion by 2025, after growing at a CAGR of 5% during 2020-2025, owning to increasing demand from various industries such as pharmaceutical, cosmetics, food & beverage and others. Folding boxboards can treated as per requirement such as laminating, foiling, and polishing to matt or gloss. The print accuracy of folding boxes is higher than the corrugated print boxes, and their lightweight makes them ideal for small product packaging. In addition, continuous use of liquid packaging and food services is fueling global folding boxboards market growth. 

Report Coverage
The report: “Folding Boxboards Market– Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Folding Boxboards Industry. 

By Type: Pulp based, Bleached Chemical, Recovered Paper and others.
By Application: Packaging (Confectionaries, Pharmaceuticals, Food and beverage, Healthcare and Cosmetics, and others), Greeting Cards, Transportation and others.
By Geography: North America, South America, Europe, APAC, and RoW.

Key Takeaways
  • North America dominates the global folding boxboard market, owning to increasing customer demand for environmentally friendly packaging solutions, and strict government regulations on the use of plastics in the region.
  • Folding boxboard, also referred to as FBB or as GC or UC DIN Standard 19303 codes, a paperboard grade consisting of various concoction and mechanical pulp layers.
  • However, operations in various packaging industries including folding boxboards is being significantly affected due to the COVID-19 epidemic, as most of countries have issued “stay at home guidance” i.e., lockdown. And it is expected that the outbreak of COVID-19 will be seen in the whole year of 2020, and a few months in 2021. 

Type - Segment Analysis
Pulp-Based held the largest share in the folding boxboard market in 2019. Folding boxboards are made up of multilayers of chemical and mechanical pulp. The mechanical pulp layer is sandwiched between the top and the back sheets of the chemical pulp. The top layer of the folding boxboard is usually bleached and often is coated with pigments. These boxboards possess low density and high stiffness. In addition, other types such as bleached chemical and recovered paper also hold a significant share during the forecast period. Rising awareness regarding environment protection, strict government regulations on the use of plastics, and properties of by folding boxboard such as flexibility, stiffness, and lightweight is driving folding boxboards market growth.  

Application - Segment Analysis
Packaging segment held the largest share in the folding boxboards market in 2019 and is growing at a CAGR of 5.6%, owning to growing usage of folding boxboards in a variety of packaging applications such as in the packaging of chilled, frozen and other foods and in the packaging of health and beauty products. In addition, pharmaceuticals, cigarette packaging, confectionary packaging, graphic packaging and so on. Folding boxboards are also used in packaging of luxury items, greeting cards production, paperback covers, and others. The market for folding boxboard is gaining huge traction in the developing countries of the APAC region due to their rising population and increasing disposable income. In addition to this, there is a rising awareness about environmental protection, and due to this, consumers are preferring eco-friendly packaging solutions and this is also a factor contributing to the rise of folding boxboard market. 

Geography - Segment Analysis
North American held the largest share in the folding boxboard market in 2019 up to 30%, owing to growing customer demand for environmentally friendly packaging solutions, and strict government regulations on the use of plastics. In January, 2019 Jamaican Government banned use of single use plastics, polystyrene, and Styrofoam containers. In July, 2019 Panama banned single-use plastic bags to curb pollution. In 2014, California banned the use of plastic bags in the state. Therefore, rising government regulations and ban on use of plastics bags, Styrofoam containers and so on is creating folding boxboard demand for packaging, transporting and other applications in the region.

Drivers – Folding Boxboards Market

  • Growing demand from packaging industry
The demand for folding boxboards is continuously increasing from packaging industry, owning to increasing responsiveness and concerns about the environment. With the increasing problems of landfill and non-biodegradable waste or very slow degradation of plastic and metal packaging, folding boxboards are gaining traction. In addition, a lot of innovations in designs and technical advancements have been witnessed by the industry in the last decade, which has eased the penetration of folding boxboards in new segments such as, frozen foods, multi-pack beverage holders, recycled boxboard for packaging of dry food, and healthcare products. Therefore owning to these factors folding boxboards demand is increasing from the packaging industry.

Challenges – Folding Boxboards Market 

  • Formation of unwanted byproducts
However, the growth of the global market is impeded by fragility, reduced durability, brittleness, less elasticity, low strength, and lack of wear power. Therefore, because these factors customers may prefer other boards such as solid white boards, as folding boxboards have lower strength than solid white board. Therefore this factor acts as a restrain to the folding boxboards market.

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Folding Boxboards Market. In 2019, the market of Folding Boxboards Market has been consolidated by the top five players accounting for xx% of the share. Major players in the Folding Boxboards market are Mayr-Melnhof Karton, Mondi Group, International Paper Company, Leanpack, CartonHub, ITC Limited, Metsa Board Group, Antalis International, Box-Board Products, Hangzhou Gerson Paper, Shandong Bohui Paper Industrial Company, among others.  

Acquisitions/Technology Launches
  • In 2016 Metsa Board, extended its Husum board and its pulp mill in Sweden with the introduction of a new production line for folding boxboards.

1. Folding Boxboards Market - Market Overview
    1.1 Definitions and Scope
2. Folding Boxboards Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Type
    2.3 Key Trends by Application
    2.4 Key Trends by Geography
3. Folding Boxboards Market - Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Folding Boxboards Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Folding Boxboards Market – Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Folding Boxboards Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Folding Boxboards Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Folding Boxboards Market – By Type (Market Size -$Million / KT)
    8.1 Pulp based
    8.2 Bleached Chemical
    8.3 Recovered Paper
    8.4 Others 
9. Folding Boxboards Market – By Application (Market Size -$Million / KT)
    9.1 Packaging
        9.1.1 Confectionaries
        9.1.2 Pharmaceuticals
        9.1.3 Food and beverage
        9.1.4 Healthcare and Cosmetics
        9.1.5 Others 
    9.2 Greeting Cards
    9.3 Transportation
    9.4 Others
10. Folding Boxboards Market - By Geography (Market Size -$Million / KT)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Colombia
        10.2.4 Rest of South America
    10.3 Europe
        10.3.1 U.K
        10.3.2 Germany
        10.3.3 Italy
        10.3.4 France
        10.3.5 Spain
        10.3.6 Russia
        10.3.7 Rest of Europe
    10.4 Asia Pacific
        10.4.1 China
        10.4.2 India
        10.4.3 Japan
        10.4.4 Taiwan
        10.4.5 South Korea
        10.4.6 Rest of Asia Pacific
    10.5 ROW
        10.5.1 Middle East
        10.5.2 Africa
11. Folding Boxboards Market - Entropy
    11.1 New Product Launches
    11.2 M&A’s, Collaborations, JVs and Partnerships
12. Market Share Analysis (Premium)
    12.1 Market Share by Country- Top companies
    12.2 Market Share by Region- Top companies
    12.3 Market Share by type of Product / Product category- Top companies
    12.4 Market Share at global level- Top companies
    12.5 Best Practices for companies
13. Folding Boxboards Market - List of Key Companies by Country (Premium) 
14. Folding Boxboards Market Company Analysis
    14.1 Market Share, Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

List of Tables

1 US Folding Boxboards Market Size 2018
2 Canada Folding Boxboards Market Share 2018
3 Brazil Folding Boxboards Market Outlook 2019 - 2023
4 Mexico Folding Boxboards Market Research 2018
5 Germany Folding Boxboards Market Trends 2019 - 2023 
6 France Folding Boxboards Market Growth 2019 - 2023 
7 UK Folding Boxboards Market Demand 2019 - 2023 
8 Italy Folding Boxboards Market Segmentation 2018
9 Russia Folding Boxboards Market Analysis 2019 - 2023
10 China Folding Boxboards Market Revenue 2019 - 2023
11 Japan Folding Boxboards Market Volume 2019 - 2023
12 South Korea Folding Boxboards Market Potential 2019 - 2023
13 India Folding Boxboards Market Leaders 2018
14 Saudi Arabia Folding Boxboards Market Forecast 2019 - 2023 
15 Kuwait Folding Boxboards Market Value 2018

List of Figures

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