According to the business intelligence report titled ‘Containerboard Market Size By Product (Containerboard [Liner Board, Kraft Liners, Test Liners], Corrugating Medium[Recycled, Semi Chemical Medium], White Tops), By Application (Fast Moving Consumer Goods (FMCG) [Processed Food, Home & Personal Care, Pharmaceuticals, Fats & Oils, Dairy & Alternatives, Alcohol & Drinks], Industrial [Books & Magazines, Construction, Plastics, Textiles, Chemicals, Glass, Lubricant], Flowers, Agriculture, Fruits), Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Spain, China, India, Japan, South Korea, Malaysia, Thailand, Australia, Brazil, Argentina, Mexico, Colombia, Ecuador, Chile, UAE, Saudi Arabia, South Africa), Price Trend, Competitive Market Share & Forecast, 2019 – 2025’, available with MarketStudyReport, containerboard market is expected to surpass a valuation of USD 250 billion by 2025.

Augmentation in the demand for light weight and highly functional packaging material in food processing industry is catalyzing the growth of containerboard market growth.

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Notably, containerboards are mainly utilized to shield food products from direct sunlight and water as well as to protect vegetables from damage in case of accidents. It has food grade quality, is durable, and has impact resistance property.

Further, the product also aids in maintaining freshness and nutritional levels of meat products by avoiding fungal, microbial, or pathogenic contamination, which is impelling the industry share.  

On the downside, containerboards undergo various chemical processes and require huge volume of wood for production, which are detrimental for the environment, animals, and humans, thus hampering the industry outlook.

Moving on to application spectrum, the alcohols & drinks FMCG segment is likely to progress at a CAGR of 4% during the review period, due to the increase in the usage of containerboards as secondary packaging to shields the drinks from damages during transporting in bulk volume.

This development can be attributed to augmented usage of containerboards in the transportation of milk, yogurt, and cream as it minimizes risk of contamination or spillage, combined with increasing intake of dairy products in daily diet.

On the other hand, the construction application in Japan market is likely to surpass volume consumption of 450 million Sq. Mtrs. by the end of 2025, attributable to various infrastructure development activities, and escalating government expenditure in the construction of hospitals, offices, and schools in the country.

Lastly, the textile application segment in Germany market is anticipated to record a annual growth rate of 3.5% during the analysis timeframe, as containerboards are used extensively for storing textile fabrics to avoid creases or damage.

Major players influencing global containerboard market trends are Sappi Ltd., WestRock Company, Cheng Loong Corporation, Cascades Inc., Georgia Pacific LLC, Kika Paper Industry Co. Ltd., Stora Enso Oyj, Svenska Cellulosa AB, Greif Inc., Packaging Corporation of America, Klabin S.A., Nine Dragon Paper (Holdings) Ltd., International Paper Company, Mondi Group, and Smurfit Kappa Group.