Paperboards are used for the packaging purpose. The paper that has more thickness than normal paper is called as paperboard. Coated recycled paperboard provide the flexibility, it is being used for wide range of packaging applications. Paperboard has smooth surface, which is applied in the graphic printing it becomes a platform for product marketing.
The demand for ecological packaging, fabricated from jute, paper, cloth, and even plants, is growing around the world. Plastic is also used increasingly for packaging due to its advanced visual appeal for customer pull and ease. The progress in consumption and lifestyle patterns has improved the demand for the packaged products resulting in the development of the packaging industry. In the previous few years, the packaging industry has enjoyed stable growth motivated by changes in the choice of substrates, development of novel markets, and altering ownership undercurrents.
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Rise in awareness eco-friendly packaging is the key driving factor which is expected to boost the global coated recycled paperboard market growth. Furthermore, increase in technological developments and innovations are expected to propel the global coated recycled paperboard market growth. For instance, in February 2017, PaperWorks had launched coated recycled paperboard. The new Coated Recycled Board (CRB) is the cost effective product which is alternative to solid bleached sulphate (SBS). Also, increase in demand for coated recycled paperboard in printing and packaging sector is expected to fuel the growth of global coated recycled paperboard market.
However, stringent government rules and regulations and inability of the products to handle mechanical stress of heavy materials are the challenging factors which are expected to hamper the global coated recycled paperboard market growth.
Impact of COVID 19 on Market
The global COVID 19 outbreak has caused severe disruption in the various regions across the globe. The number of COVID 19 confirmed cases are increased exponentially there are no significant measures to counter the global corona virus pandemic. Government of various countries has announced various rules and regulations such as social distancing, and complete lockdown etc. The lockdown initiatives are expected to hamper the global coated recycled paperboard market growth.
Global Coated Recycled Paperboard Market is segmented into type such as Calcium Carbonate, Kaolin Clay or China Clay, and Titanium Dioxide. Further, Global Coated Recycled Paperboard Market is segmented into application such as Bakery Products, Home & Garden, Pet Food, Dry Foodstuffs, Cereal Cartons, Personal Care, and others.
The assessment and forecast of the Coated Recycled Paperboard Market have been studied on a global and regional basis. Based on the region, the Coated Recycled Paperboard Market has been studied in the Asia Pacific (APAC), Europe, North America, Latin America (LATAM), and the Middle East and Africa (MEA).
Global Coated Recycled Paperboard Market Research report offers a close watch on leading competitors with strategic analysis, pricing analysis, and holistic overview of the market situations in the forecast period. Further, Key operating players with their profiles are discussed in the report. Also, the subsidiaries & other associated companies are discussed with collaboration, partnerships, agreements, mergers & acquisitions. The processes, annual margins, and other business methodologies followed by these prominent players have been elaborated to elucidate readers on their progress & their current standing in the market.
Market Key Players
Various key players are discussed in this report such as Graphic Packaging International, White Pigeon, Papertec Inc, Sonoco, Paperworks, Impressions Incorporated, Westrock, The Newark Group, Cascades, Trim-Pac Inc, Smurfit Kappa, and Spartan Paperboard.
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