Coated Recycled Paperboard Market Trend, Share, Growth, Size and Forecast 2030

Coated Recycled Paperboard Market

Coated Recycled Paperboard Market By Type (Kaolin Clay/ China Clay, Titanium Dioxide, and Calcium Carbonate), By Application (Beauty and Personal Care, Cereal Cartons, Dry Foodstuffs, Pet Food, Home and Garden, Soap and Laundry Detergent Packaging, Paper Goods Packaging, Light Bulbs, Bakery, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Category: Packaging Report Format : PDF Pages: 130 Report Code: ZMR-2131 Published Date: Jun-2021 Status : Published
Market Size in 2020 Market Forecast in 2028 CAGR (in %) Base Year
USD 3,878.1 million USD 6,744.4 million 7.4% 2020

Coated Recycled Paperboard Market

Market Overview

The global Coated Recycled Paperboard market accounted for USD 3,878.1 Million in 2020 and is expected to reach USD 6,744.4 Million by 2028, growing at a CAGR of 7.4% from 2021 to 2028.

Paperboard is a type of paper with a thicker thickness than regular paper. Paperboards are commonly used in the packaging industry. Paperboard is used in a wide variety of packaging applications due to its versatility. The smooth surface of the paperboard makes it ideal for enterprises involved in graphic printing, as it serves as a platform for marketing and branding. Over the foreseeable period, the expanding trend in paperboard packaging should drive demand. They are simple to operate, which means they are simple to open and close. Other important advantages of paperboard include its environmental friendliness and ease of recycling. During the projected period, these environmental factors are projected to have a favorable impact on the global market. Paperboard is seen as an appealing, ecologically friendly product with minimal handling costs by product makers, retailers, and end-users, which is predicted to promote interest in the product and enhance global sales throughout the projection period.

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COVID-19 Impact Analysis

The global COVID 19 epidemics has wreaked havoc in several countries around the world. There are no significant measures in place to combat the global corona virus pandemic, since the number of COVID 19 confirmed cases is increasing dramatically. Various governments have issued various restrictions and restrictions, such as social separation and complete lockdown, among others. The COVID-19 epidemic wreaked havoc on the packaging sector, with the impacts of nationwide lockdown, corporations shifting their sourcing away from China, and materials used in packaging being reconsidered. Although there has been a substantial impact on the supply side of paper packaging, a large growth in end-user demand in specific applications has greatly enlarged the scope of paper packaging. The global coated recycled paperboard market is projected to be hampered by the lockdown initiatives.

Growth Factors

The major growth factors of Coated Recycled Paperboard Market are: Coated recycled paperboard is easy to use, coated recycled paperboard is extremely convenient to use for packaging. Coated Recycled Paperboard can be easily tailored to meet the needs of customers who use it to package a variety of items. As a result, coated recycled paperboard has grown in appeal as a packaging material.

Increase in demand for eco-friendly products, the increased demand for environmentally friendly products has been a key element in the worldwide recycled paper packaging market's rise. Many enterprises are turning to recycled paper packaging to comply with the stringent standards set forth by governments throughout the world in terms of environmental security. People's growing knowledge of the benefits of paper recycling and the importance of a sustainable future is predicted to boost the global market for recycled paper packaging. Another important driving force for the market is the availability of government incentives and subsidies.

Report Scope:

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Type Segment Analysis

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To improve the finishing of its printing surface, coated recycled paperboard is frequently coated with a thin coating of kaolin clay. Titanium dioxide (TiO2) is a bright white chemical that is commonly employed as a vibrant colorant in a variety of products. It also possesses several lesser-known characteristics that make it an incredibly helpful and crucial component in our fight against climate change and skin cancer prevention. Only the surface of these goods is coated with titanium dioxide. The amount of titanium dioxide utilized is large due to the original cardboard's low brightness. Because of its good ink receptivity, calcium carbonate (CaCO3) is widely utilized in the pulp and paper industry as a paper filler and in coatings to offer opacity, high brightness, and better printability. Graphic paper benefits from the optical qualities of calcium carbonate, which is also quite affordable.

As a result, the use of calcium carbonate in paper manufacturing has continuously increased. However, the large amount of calcium carbonate in recycled paper combined with the closing of water circuits results in a high concentration of calcium ions in paper mill process water.

Application Segment Analysis

Soap and laundry detergent packaging, cookie packaging, cracker packaging, paper goods packaging (facial tissue and napkins), cake mix packaging, cereal boxes, and other dry food packaging are all examples of Coated Recycled Paperboard's use in the consumer goods and food and beverage industries. Food and beverage goods, such as juices, milk, and cereals, are frequently packaged using paperboard. There are numerous grades of paperboard packaging.

Regional Segment Analysis

The Middle East and Africa, North America, Asia Pacific, Latin America, Eastern Europe, and Western Europe are among the regions where the worldwide coated recycled paperboard market is geographically diverse.

The North America region held a share of 30% in 2020. Because the market in North America is established, growth in the global coated recycled boards market is expected to be slow. North America dominates the worldwide coated recycled paperboard market. Because of the ever-increasing demand, this region has been a step ahead of the others for quite some time.

The Asia Pacific region is projected to grow at a CAGR of 9.2% over the forecast period. Global demand for coated recycled boards is predicted to develop significantly in the Asia Pacific area. Factors like as urbanization, a huge population, a change in lifestyle, and increased spending on raising the standard of living are being blamed. The emerging countries of India and China are presenting a wide range of potential in the coated recycled paperboard market in the Asia Pacific region.

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Key Market Players & Competitive Landscape

Some of key players in Coated Recycled Paperboard market are

  • Caraustar
  • White Pigeon
  • Pacific Paper
  • Spartan Paperboard
  • Smurfit Kappa
  • Trim-Pac Inc.
  • Cascades
  • The Newark Group
  • Westrock
  • Graphic Packaging International, among others.

The global Coated Recycled Paperboard market is segmented as follows:

By Type

  • Kaolin Clay/ China Clay
  • Titanium Dioxide
  • Calcium Carbonate

By Application

  • Beauty and Personal Care
  • Cereal Cartons
  • Dry Foodstuffs
  • Pet Food
  • Home and Garden
  • Soap and Laundry Detergent Packaging
  • Paper Goods Packaging
  • Light Bulbs
  • Bakery
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

The global Coated Recycled Paperboard market was valued at USD 3,878.1 Million in 2020.

The global Coated Recycled Paperboard market is expected to reach USD 6,744.4 Million by 2028, growing at a CAGR of 7.4% between 2021 to 2028.

Some of the key factors driving the global Coated Recycled Paperboard market growth are Coated recycled paperboard is easy to use, Coated recycled paperboard is extremely convenient to use for packaging and Increase in demand for eco-friendly products, The increased demand for environmentally friendly products has been a key element in the worldwide recycled paper packaging market's rise.

North America region held a substantial share of the Coated Recycled Paperboard market in 2020. The Asia Pacific region is projected to grow at a CAGR of 6.5% over the forecast period. Global demand for coated recycled boards is predicted to develop significantly in the Asia Pacific area.

Some of the major companies operating in the Coated Recycled Paperboard market are Caraustar, White Pigeon, Pacific Paper, Spartan Paperboard, Smurfit Kappa, Trim-Pac Inc., Cascades, The Newark Group, Westrock, Graphic Packaging International, among others.

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