Global Folding Paperboard Boxes Market to Reach US$13.1 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Folding Paperboard Boxes estimated at US$11 Billion in the year 2020, is projected to reach a revised size of US$13.1 Billion by 2027, growing at a CAGR of 2.5% over the period 2020-2027.
The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 4.7% CAGR for the Period of 2020-2027
The Folding Paperboard Boxes market in the U.S. is estimated at US$3 Billion in the year 2020. The country currently accounts for a 27.05% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$2.6 Billion in the year 2027 trailing a CAGR of 4.7% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR while Rest of European market (as defined in the study) will reach US$2.6 Billion by the year 2027.We bring years of research experience to this 17th edition of our report. The 186-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
-Competitors identified in this market include, among others,
- Amcor Ltd.
- Caraustar Industries, Inc.
- Cascades, Inc.
- Cenveo Corporation
- Graphic Packaging International, Inc.
- International Paper Company
- Menasha Packaging Company LLC
- Mondi PLC
- Multi Packaging Solutions
- Nampak Ltd.
- PaperWorks Industries, Inc.
- Smurfit Kappa Group PLC
- Sonoco Products Company