Global Folding Boxboard Market Is Expected To Reach $20.76 Billion By 2032

Zion Market Research has published a new report titled “Folding Boxboard Market by Material (Pulp-Based, Bleached Chemical, Recovered Paper, and Others) and by Application (Greeting Cards, Cosmetics, Healthcare, Higher End and General Packaging, and Others), and By Region - Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032”. According to the report, the global folding boxboard market was valued at approximately USD 12.92 billion in 2023 and is predicted to grow to around USD 20.76 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.41% between 2024 and 2032.

The rising demand from various industries, such as food and beverages, pharmaceutical, cosmetics, etc., are expected to propel the growth of the global folding boxboard market in the future. Folding boxboards offer supreme quality consistency, product performance, and efficiency in packaging production and packing process. Folding boxboards are used in the packaging of production of greeting cards, luxury items, paperback covers, etc.

Personal care packaging is a rapidly growing industry globally, which refers to the packaging oils, lotions, creams, gel, and toiletries, among others. The packaging aids in attracting customers through their visual appeal and provides relevant product information. The growing awareness among marketing experts and manufacturers regarding the importance of packaging to attract customers is expected to further drive the global folding boxboard market over the forecast time period.

Browse the full “Folding Boxboard Market by Material (Pulp-Based, Bleached Chemical, Recovered Paper, and Others) and by Application (Greeting Cards, Cosmetics, Healthcare, Higher End and General Packaging, and Others), and By Region - Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 – 2032” Report at https://www.zionmarketresearch.com/report/folding-boxboard-market

Folding boxboards can be plastic extrusion coated or laminated with other materials to improve their appearance and functional properties. Folding boxboards are extensively used in packing cosmetics, medicines and healthcare products, chocolate and sugar confectionery, dry food items, toiletries, coffee and tea, frozen and chilled food items, clothing, board games, biscuits and baked goods, toys and photographic products. Folding boxboards have gained popularity over the past decades in the packaging industry,  mainly for consumer products, various range thicknesses depending on product size.

Consumers are adopting environment-friendly solutions for packaging, which is expected to drive the global folding boxboard market in the future. Moreover, cosmetics, food and beverage, and pharmaceutical industries are flourishing which is further expected to positively impact the global folding boxboard market growth over the forecast time period.

Based on material, the folding boxboard market is segmented into pulp-based, bleached chemical, recovered paper, and others. The pulp-based segment held a major revenue share in 2018, due to the increasing demand from the packaging industry. Pulp can be dyed during processing to apply a specific color as per the specific requirement. The bleached chemical segment is expected to grow substantially over the forecast time period. Based on application, the market is segmented into greeting cards, cosmetics, healthcare, higher end and general packaging, and others.

The cosmetics segment held a major revenue share in 2018, due to the growing usage of various cosmetic products and the flourishing personal care packaging industry. The higher end and general packaging segment are projected to show the highest CAGR over the estimated timeframe.

By region, the North American folding boxboard market is expected to grow at a significant CAGR over the forecast time period, owing to the increasing consumer preference for eco-friendly packaging solutions to protect the environment. The Asia Pacific folding boxboard market is predicted to show substantial growth in the future, owing to emerging countries, such as India and China, rapidly growing population, and increasing disposable income of people.

Folding Boxboard Market: Competitive Space

The folding boxboard market profiles key players such:

• Nippon Paper Industries
• Mayr-Melnhof Karton
• Mondi Group
• Metsa Board Group
• ITC Limited
• Kotkamills Oy
• SAPPI Limited
• Shandong Bohui Paper Industrial Company
• Stora Enso
• International Paper Company
• Iggesund Paperboard
• Hangzhou Gerson Paper
• Antalis International
• Hongkong Eastern Dragon Group
• Leanpack
• CartonHub
• Box-Board Products
• JK Paper Ltd
• Beloit Box Board

This report segments the global folding boxboard market into:

Global Folding Boxboard Market: Material Analysis

• Pulp-Based
• Bleached Chemical
• Recovered Paper
• Others

Global Folding Boxboard Market: Application Analysis

• Greeting Cards
• Cosmetics
• Healthcare
• Higher End and General Packaging
• Others

Global Folding Boxboard Market: Regional Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com