Poly Coated Paperboard Market Size, Share, CAGR & Forecast Report for 2030
Poly Coated Paperboard Market Size, Share, CAGR & Forecast Report
Poly Coating is used as a barrier coating on a paperboard to protect the paperboard and packaging material from many entities such as heat, moisture and microbiological degradation. The Poly Coated Paperboard packaging is generally used in packaging of dairy products, bakery and confectionaries, fruits and vegetables, meats and seafood. Therefore, the Poly Coated Paperboard market expect to have a prominent growth during the forecast period.
The additional advantages of using Poly coated paperboard packaging are that it is lightweight, we can custom design the packaging according to the requirements and can be made up of multiple layers to increase the barrier protection of the product. However, as the layers of Poly coating increases, decomposition of such material or recyclability of such material decreases which in turn hamper the environment and causes sustainability issues.
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Poly Coated Paperboard Market: Dynamics
The factors which drive the Poly Coated paperboard market are convenience, ease in usage & transport, long shelf life of the products, moisture resistance, leak proof and temperature resistance.
The factors which restrain the Poly Coated paperboard market are availability of alternatives such as bio-plastics, recyclable plastics which are bio-degradable and bio-compostable, some grades of poly coated paperboard are not useful for food and beverage products which causes constraint of usage in temperature sensitive materials.
Recycled paper, HDPE coating and Fruits & vegetables among all type of material, type of coating and application respectively are expected to increase in demand in Poly Coated Paperboard market during the forecast period.
Poly Coated Paperboard Market: Regional Outlook
The geographical region which holds primary importance in Poly Coated Paperboard market is North America and is expected to remain so during the forecast period. Europe is also the major market share contributor due to increase in demand of food and beverage products demand.
Asia-Pacific and especially China, Japan and India are expected to grow at highest rate due to rise in retail and e-commerce business and increase in expenditure of middle class people in this particular region. Latin America, Middle East & Africa and Oceania are the regions which expected to have steady growth in Poly Coated Paperboard market due to increase in usage of paper and increase in concerns over sustainability among the people.
Poly Coated Paperboard Market: Key Players
Some of the key players in Poly Coated Paperboard market are -
- Shandong Bohui Paper
- Zumbiel Packaging
- Graphic Packaging International
- Paper Works Industries
- Multi Packaging Solutions
- Cascades, and Clondalkin Group
Iggesund Paperboard; a subsidiary of
- Holmen AB
- Stora Enso OYJ
- Georgia-Pacific LLC
- WestRock Co
- Tetra Laval International S.A.
- Sappi Ltd
- Nippon Paper Industries Co Ltd
- Pacific Paper
- Spartan Paperboard
- Smurfit Kappa
- Trim-Pac Inc.
- The Newark Group
- Graphic Packaging International
- Papertec Inc.
- White Pigeon Oji Holdings Corporation (Mitsui Group)
- Nippon Paper Industries Co. Ltd.
- Michelman, Inc.
- Solenis LLC.
Poly Coated Paperboard Market: Segmentation
The Poly Coated Paperboard market is segmented on the type of material, type of coating and application.
The Poly Coated Paperboard market is segmented on the basis of type of material as
- Virgin fiber
- Recycled fiber
The Poly Coated Paperboard market is segmented on the basis of type of coating as
- High Density Polyethylene (HDPE)
- Low Density Polyethylene (LDPE)
- Linear Low Density Polyethylene (LLDPE)
The Poly Coated Paperboard market is segmented on the basis of application as
- Fruits and Vegetables
- Meat, Seafood and Poultry
- Bakery and confectionaries
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