What is Liner Board Market?
Liner board is the material used to make corrugated boxes – commonly known as cardboard. It is the most often used packaging material because it is versatile, lightweight, strong, and made from renewable resources. According to the research, The American Forest & Paper Association (AF&PA), total liner board production in March increased 10 percent compared to March 2019. It was up eight percent when compared to the same three months of 2019.
The market study is being classified by Type (Kraftliners, Testliners, Flutings and Other Types (White Top, etc.)), by Application (Printing Industry, Electrical and Electronics, Consumer Goods, Agriculture, Food and Beverages and Others) and major geographies with country level break-up.
International Paper (United States), Oji Fibre Solutions (NZ) Ltd (New Zealand), Nine Dragons Paper (Holdings) Limited(United States), Pratt Industries (United States), Sonoco Products Company(United States), Svenska Cellulosa AB (Sweden), New-Indy Containerboard (United States), Hazel Mercantile Limited (India), Eagle Paper International Inc (United States), Smurfit Kappa Group (Ireland) and Mondi Limited (Austria) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Klabin (Brazil), Long Chen Paper Co. (Taiwan) and BillerudKorsnäs(Sweden).
In, Liner Board it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation, and sourcing strategies to enhance their market share. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Liner Board market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Liner Board market by Type, Application and Region.
On the basis of geography, the market of Liner Board has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Environmental Concerns most important to the High Demand for Recycled Packaging is one of the major key driving factors of growth
- The growth of the beverage industry
- rising Demand for Processed and Packaged Foods
- Increasing demand for sustainable packaging solutions
- Emergence for premium packaging
- Substitute availability for of Liner Board Packaging Solutions
- The Growing e-commerce delivery across the world is also a major factor motivating the companies to invest in the market and boosting the growth opportunities
- Increasing challenges in an increasingly competitive global economy
Market Leaders and some development strategies
For instance, in April 2020 New-Indy Containerboard, a united states based company has acquired the Shoreline Container. This acquisition will let to continue serving customers with exceptional excellence and service. the opportunities this acquisition will provide and the services will be able to implement through the combined companies help the company growth
In May 2020 Samuel Packaging Systems Group united states based company launches their new product named Corrugated Unitizer for finishing containment.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Liner Board Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders,and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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