Coated Recycled Paperboard Market Industry Growth, Drivers and Top Key Players by 2024

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Coated Recycled Paperboard Market

Coated Recycled Paperboard Market: Overview

The paper that has a thickness more than the usual paper is known as paperboard. The paperboards are normally used for the packaging purpose. Owing to the flexibility that is provided by the paperboard, it is being used in a wide range of packaging applications. The surface of the paperboard is smooth, thus it is useful for the companies that are related to graphic printing as it becomes a platform for marketing and branding.

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Coated Recycled Paperboard Market: Facts

In every respect, the uncoated and the coated recycled paperboard have benefitted from the cost advantage above the virgin grades for over the last few years. As the cost of the raw materials has minimized half of the energy consumption that is required for the process is reduced. The North American region recycles large tons of recovered fiber into coated recycled paperboard.

Coated Recycled Paperboard Market: Segmentation

The global market for the coated recycled paperboard is fragmented into the coating type and application. On the basis of the coating type, the global market is segregated into Kaolin clay or China clay, titanium dioxide, and calcium carbonate. On the basis of application, the market is categorized into beauty and personal care, cereal cartons, dry foodstuffs, pet food, home and garden, soap and laundry detergent packaging, paper goods packaging, light bulbs, bakery, and others.

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Coated Recycled Paperboard Market: Growth Factors

The benefits that are provided by the coated recycled paperboard are ease of use, convenience, and ease of transport. The coated recycled paperboard is a convenient way for the packaging purpose. Customized coated recycled paperboard packaging is also available as per the requirements of the customer. These factors are supporting the growth of the market. The other influential factors that fuel the growth of the market are long lifespan of the products, recyclable and eco-friendly, extended use of the product, enhance the business and marketing strategies, and others. The availability of the other mediums of packaging may limit the growth of the market.

Coated Recycled Paperboard Market: Regional Analysis

The geographical diversification of the global coated recycled paperboard market includes the Middle East and Africa, North America, Asia Pacific, Latin America, Eastern Europe, and Western European regions. Due to the increasing demand, the region that is leading the coated recycled paperboard market is North America. The region that holds the second position is Europe. The factor that contributes to this growth is the increasing disposable income of the consumers. In the Asia Pacific region, the developing countries India and China are showing a wide range of opportunities in the coated recycled paperboard market.

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Coated Recycled Paperboard Market: Competitive Players

The key market players that are involved in coated recycled paperboard market include Caraustar, Strathconapaper, Pacific Paper, Spartan Paperboard, Smurfit Kappa, Trim-Pac Inc., Cascades, The Newark Group, Westrock, Graphic Packaging International, Impressions Incorporated, Paperworks, Sonoco, Papertec Inc., and White Pigeon.

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