The recycled white lined chipboard global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Recycled White Lined Chipboard Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The recycled white lined chipboard market size has grown rapidly in recent years. It will grow from $0.93 billion in 2023 to $1.04 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to demand for high quality and environment friendly products, growing demand for sustainable packaging solutions, rise of e-commerce and online retailing, government initiatives and regulations to promote recycling, and rising awareness about the benefits of using recycled materials.
The recycled white lined chipboard market size is expected to see rapid growth in the next few years. It will grow to $1.82 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%. The growth in the forecast period can be attributed to growing awareness of environmental sustainability and conservation, food and beverage industry’s shift to sustainable packaging, increasing demand from packaging and printing industries, the growing popularity of eco-friendly products among consumers, and increasing in various end-use sectors. Major trends in the forecast period include technological advancement in production of high-quality chemicals, government rules and industry’s standards, product launches, new technologies to enhance their product portfolio, and advancements in recycling technology and cost-effectiveness.
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Scope Of Recycled White Lined Chipboard Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Recycled White Lined Chipboard Market Overview
Market Drivers –
The increasing demand from the food and beverages industry is expected to propel the growth of the recycled white-lined chipboard market going forward. The food and beverages industry is the economy sector that produces, processes, and sells food and drinks for human consumption. The increasing demand for recycled white-lined chipboards from the food and beverages industry can be attributed to sustainability concerns, consumer preferences, brand image, and corporate responsibility. Recycled white-lined chipboard is a sustainable, cost-effective, and versatile packaging solution that aligns with the food and beverage industry’s goals of reducing environmental impact and meeting consumer demand for eco-friendly products. For instance, in May 2021, according to the Australian Bureau of Statistics, an Australia-based government agency, sales of food and non-alcoholic drinks reached 15.1 million tons in 2021–2022, a significant increase from the 14.8 million metric tons sold in the previous fiscal year of 2020–21. Therefore, the increasing demand from the food and beverages industry is driving the growth of the recycled white-lined chipboard market.
Market Trends –
Major companies operating in the recycled white-lined chipboard market are focused on developing innovative chipboard materials, such as recycled end-of-life composite, to meet the increasing demand for sustainable packaging solutions. Recycled end-of-life (EOL) composites are composite materials that have reached the end of their useful life in their original application. They are then processed and repurposed into new materials or products. For instance, in March 2023, Anmet, a Poland-based company that manufactures chipboard panels, launched chipboard panels using its patented shredding and manufacturing process for wood-replacement chipboards made from recycled end-of-life (EOL) composites. These panels offer several advantages over standard chipboard plates, using a new recycling solution to turn wind turbine blades and other composites into high-performance, sustainable chipboards for construction applications. Additionally, unlike wood chips, they don’t require a drying process during manufacturing and help reduce wood consumption.
The recycled white lined chipboard market covered in this report is segmented –
1) By Type: Waste Paper Type, Recycled Fibres Type
2) By Thickness: Thin Board, Medium Board, Thick Board
3) By Application: Cereals And Dry Foods, Frozen Or Chilled Food, Shoes, Toys, Industrial, Car Spares, Electronics, Cosmetics, Household Goods, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the recycled white lined chipboard market in 2023. The regions covered in the recycled white lined chipboard market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the recycled white lined chipboard market are WestRock Company, International Paper Company, Smurfit Kappa Group, DS Smith Plc, Stora Enso Oyj, Mondi Group, Graphic Packaging International LLC, Sonoco Products Company, Mayr-Melnhof Karton AG, Cascades Inc., Saica Group, Reno de Medici S.p.A., Walki Group, Kotkamills Oy, Dongguan Jianhui Paper Co. Ltd., Fiskeby Board AB, Elliott Baxter & Company Ltd (EBB Paper), Preston Board & Packaging Ltd., WEIG Karton Inc., Shanghai DE Printed Box, KappaStar, Kartonfabrik Buchmann GmbH
Table of Contents
1. Executive Summary
2. Recycled White Lined Chipboard Market Characteristics
3. Recycled White Lined Chipboard Market Trends And Strategies
4. Recycled White Lined Chipboard Market – Macro Economic Scenario
5. Global Recycled White Lined Chipboard Market Size and Growth
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32. Global Recycled White Lined Chipboard Market Competitive Benchmarking
33. Global Recycled White Lined Chipboard Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Recycled White Lined Chipboard Market
35. Recycled White Lined Chipboard Market Future Outlook and Potential Analysis
36. Appendix
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