Fanfold Corrugated Boxboard Market

Market Overview

The Global Fanfold Corrugated Boxboard Market Size is slated to grow substantially at a CAGR of approximately 3.9% during forecast period.

The market for fanfold corrugated boxboard is the business that makes and sells fanfold corrugated boxboard goods. The fanfold boxboard is a type of corrugated packaging made of multiple layers of fluted cardboard connected to a flat liner board. This unique design makes it strong, durable, and flexible to be used for many different packing tasks. The fanfold corrugated boxboard is usually sold as one long sheet that has been folded like an accordion into a small bundle. This type of packaging has several benefits over traditional corrugated boxes, such as being easier to use during the packaging process and taking up less space during storage.

The market for fanfold corrugated boxboard includes makers, suppliers, distributors, and end users from many different industries, such as e-commerce, retail, food and beverage, electronics, automotive, and more. These industries use fanfold corrugated boxboard for shipping and packaging, which keeps their goods safe and secure during transport. The market for fanfold corrugated boxboards is influenced by things like the growth of e-commerce, the growing demand for sustainable and recyclable packing materials, and the need for efficient packaging solutions. The fanfold corrugated boxboard will likely become more popular as more businesses look for packaging choices that are good for the environment and don't cost too much.

Market Dynamics

Market Drivers

• Growth of e-commerce

The rapid growth of e-commerce has greatly increased the need for packaging options that are both efficient and affordable. The fanfold corrugated boxboard is a popular choice for e-commerce companies because it is easy to customize, protects goods during shipping, and reduces packing waste.

• Global Packaging Trends

Changes in customer tastes, retail formats, and the way the supply chain works to drive the need for new packaging ideas. Fanfold cardboard boxboard fits these trends because it is flexible, easy to use, and better for the environment. As a result, it is becoming more popular on the market.

Market Restraints

Fluctuating Raw Material Costs: the price of paper or cardboard, which are used to make fanfold corrugated boxboard, can change based on factors like supply, market demand, and the global economy. Changes in the cost of raw materials can affect a company's ability to make money and could lead to higher prices for fanfold corrugated boxboard goods.

Market Scope

Segmental Analysis

Segment by Type

• Pulp-based Boxboard

This type of fanfold cardboard boxboard is made from pulp made from wood fibres or other plant-based materials. Most pulp-based boxboards are made from new fibres and go through a process that includes pulping, refining, and making the layers. This type of boxboard is strong, stiff, and easy to print on so it can be used in various packing situations.

• Recovered Paper Boxboard

This type of fanfold corrugated boxboard is made from used paper or cardboard. It is also known as "recycled boxboard." In making recycled fibres, used paper and cardboard are collected, sorted, and processed. The recycled paper and cardboard are then turned into recycled fibres. The layers of the boxboard are then made from these fibres. The recycled paper boxboard is a healthy way to package things because it uses recycled materials and reduces the need for new fibres.

Segment by Application

• Food & Beverage

The fanfold corrugated boxboard is used in the food and beverage business to package things like fruits, vegetables, dairy products, processed foods, drinks, and more. The boxboard protects, insulates, and holds food things together to move and store them safely.

• Electronics & Home Appliance

This section of the market is for packaging electronics, electrical parts, home appliances, and other similar items. Fanfold corrugated boxboard provides cushioning, resistance to shock, and protection from moisture and static discharge so fragile electrical items can be delivered safely.

• Consumer Goods

The fanfold corrugated boxboard is often used to package personal care products, cosmetics, toys, home items, and other consumer goods. The boxboard is a strong and versatile packing material that can be changed to fit different shapes and sizes of products.

• Pharmaceutical Industry

The fanfold corrugated boxboard is used for packaging medicines, medical equipment, and other medicinal goods in the pharmaceutical business. The boxboard meets strict quality and safety standards and protects the product from moisture, light, and other outside factors that could harm it.

• E-Commerce & Retail

With the growth of e-commerce and online shopping, fanfold corrugated boxboard is more important than ever when shipping and packing goods. It is a cost-effective and efficient way to package a wide range of online products, such as clothes, accessories, home goods, electronics, and more. Boxboard is strong, lasts a long time, and can be changed to fit the needs of e-commerce and store packaging.

Regional Analysis

North America

The market for fanfold cardboard boxboard in North America is well-established and has grown a lot. The United States is a big market in the region because it has strong e-commerce, retail, and manufacturing businesses, among other things. The rise of the market is also helped by the need for environmentally friendly packaging and the focus on efficient logistics and supply chain management. Canada and Mexico also have growing markets for fanfold corrugated boxboard, which is caused by similar causes and the growth of different industries.

Europe

Europe is an established market for fanfold cardboard boxboard, with demand being driven by a few key countries. Germany, the United Kingdom, France, Italy, and Spain all have well-established packaging businesses that put a lot of importance on being environmentally friendly. The fanfold corrugated boxboard is used more often in the area because of the strict rules about handling packaging trash and caring for the environment. Many businesses, like food and drink, electronics, retail, and pharmaceuticals, drive the market.

Asia-Pacific

The market for fanfold cardboard boxboard is growing a lot in the Asia-Pacific area. China, Japan, South Korea, and India are big reasons the market is growing. This is because of their rapid industrialization, urbanization, and growth of e-commerce. The area has a lot of people, people are getting more money, and people's tastes are changing, all of which are driving up demand for packaged goods. The fanfold corrugated boxboard is also used more in the area because of the focus on sustainable packaging and government programs to encourage recycling and reduce waste.

South America

The market for fanfold corrugated boxboard is growing in South America, with Brazil being the biggest market in the area. The growth is due to the region's growing retail industry, the rise of e-commerce, and the need for better packaging options. The demand for fanfold corrugated boxboard is also helped by the fact that Brazil has strong agricultural and food processing businesses. Argentina and Colombia also can grow their markets because their economies are growing and more people are becoming aware of sustainable packaging practices.

Middle East and Africa

The market for fanfold cardboard boxboard is growing in the Middle East and Africa. The market is driven by things like the growth of e-commerce, the rise of industry, and the need for packing solutions in areas like food and drink, retail, and pharmaceuticals. The growing retail and logistics industries in the United Arab Emirates and Saudi Arabia have made them two of the most important markets in the area.

Key Players

1. International Paper
2. WestRock (RockTenn)
3. Smurfit Kappa Group
4. Rengo
5. SCA
6. Georgia-Pacific
7. Mondi Group
8. Inland Paper
9. Oji
10. Cascades
11. Alliabox International (Alliance)
12. DS Smith
13. Packaging Corporation of America
14. Bingxin Paper
15. SAICA
16. Shanying Paper
17. Rossmann
18. BBP (Alliance)
19. YFY
20. Cheng Loong Corp
21. Stora Enso
22. THIMM
23. Hexing Packing
24. Europac Group
25. Long Chen Paper
26. KapStone
27. Salfo Group
28. Come Sure Group
29. Jingxing Paper
30. PMPGC

Recent Developments

May 2023- Smurfit Kappa has finished its most recent investment project in Poland, which led to a big growth of its corrugated plant in Pruszków. By adding more space, Smurfit Kappa has made this plant the biggest in Poland and one of Europe's most high-tech and modern packing plants.