Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

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.

Global Folding Boxboard Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million XX
Market Size 2032 USD Million XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 5.8%
CAGR 2024-2032 - Market by Region Asia Pacific 6.5%
CAGR 2024-2032 - Market by Country India 7.1%
CAGR 2024-2032 - Market by Country Brazil 6.9%
CAGR 2024-2032 - Market by Material Pulp Based 6.5%
CAGR 2024-2032 - Market by Application Transportation 7.1%
Market Share by Country 2023 Italy 4.2%

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.

Global Folding Boxboard Market

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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.

Global Folding Boxboard Market

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CAGR 2024-2032 - Market by Material
Pulp Based 6.5%
Recovered Paper 6.1%
Bleached Chemical XX%
Others XX%

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

  • Pulp Based
  • Bleached Chemical
  • Recovered Paper
  • Others
CAGR 2024-2032 - Market by Application
Transportation 7.1%
Packaging 5.9%
Greeting Cards XX%
Others XX%

The market finds its application in the following segments:

  • Greeting Cards
  • Transportation
  • Packaging
  • Others
CAGR 2024-2032 - Market by Region
Asia Pacific 6.5%
North America 5.6%
Europe XX%
Latin America XX%
Middle East and Africa XX%
CAGR 2024-2032 - Market by Country
India 7.1%
Brazil 6.9%
China 6.2%
UK 5.6%
USA 5.5%
Canada XX%
Germany 5.1%
France XX%
Japan XX%
Australia XX%
Saudi Arabia XX%
Mexico XX%
Italy 4.9%
2023 Market Share by Country
Italy 4.2%
USA XX%
Canada XX%
UK XX%

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

Global Folding Boxboard Market

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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

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Material
  • Application
  • Region
Breakup by Material
  • Pulp Based
  • Bleached Chemical
  • Recovered Paper
  • Others
Breakup by Application
  • Greeting Cards
  • Transportation
  • Packaging
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • International Paper Company
  • Metsä Board Corporation
  • Holmen Iggesund
  • JK Paper Ltd.
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 5.8% between 2024 and 2032.

The major market drivers include the growing demand for bio-based packaging solutions, along with the rising awareness and demand among the consumers regarding the personal care products.

The key trends in the market are increasing usage of folding boxboard in various application sectors and the increasing awareness among the people regarding the advantages of eco-friendly packaging.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The different materials in the market include pulp based, bleached chemical, and recovered paper, among others.

Greeting cards, transportation, and packaging, among others, are the dominant applications in the market.

The key players in the global folding boxboard market are International Paper Company, Metsä Board Corporation, Holmen Iggesund, and JK Paper Ltd., among others.

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