Asia-Pacific Containerboard Market Overview:

A research team conducted extensive primary and secondary research for the global Asia-Pacific Containerboard market analysis. Secondary research was carried out to supplement the available data, segment the market, calculate the overall market size, and forecast market size and growth rate.

Containerboard, also known as corrugated case material (CCM), is a popular packaging material because of its small weight, high grammage, and adaptability. The two primary components are liner board (facing) and corrugated medium (fluted paper). Kraftliner is linerboard created from virgin fibres, whereas Testliner is made from recycled fibres. Depending on the pulp used, the corrugated media might be virgin, semi-chemical, or recycled. Corrugated containers were one of the most recycled packaging materials, with around 88.8% of them being collected for recycling.

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Asia-Pacific Containerboard Market Scope:

The study employs PESTLE analysis to evaluate the benefits and drawbacks of major market participants. The researcher carefully examines the size, share, trend, total profit, total revenue, and profit margin of the Asia-Pacific Containerboard market in order to forecast the market and provide investment advice. Subject-matter experts provide market-change advice.

In addition to data on capacity and production, price and cost information, company profiles, product images, specifications, and contact information, the report includes details on the major market participants. The Asia-Pacific Containerboard market is examined for trends, size, and value at the global, regional, and corporate levels in this report. This study examines the global market for Asia-Pacific Containerboard using historical data and future projections.

Asia-Pacific Containerboard Market Segmentation:

Due to their high tensile strength and widespread use in the production of paper sacks, kraft liners are anticipated to hold the majority of the market share during the forecast period.

The segment's growth over the forecast period is being driven by test liners, whose wide range of applications in consumer durables packaging, including that for processed food, meat products, and home & personal care, are expected to result in significant growth.

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Asia-Pacific Containerboard Market Key players:

SCG PACKAGING PUBLIC COMPANY LIMITED (Thailand)
Lee & Man Paper Manufacturing Ltd. (China)
Rengo Co. Ltd. (Japan)
Nine Dragon Paper (Holdings) Limited (Hong-Kong)
COVID-19 Impact on Asia-Pacific Containerboard market:

The outbreak of COVID-19 has had a significant impact on the Asia-Pacific Containerboard market. The development of Asia-Pacific Containerboard production facilities has been halted due to the global economic downturn and a labour shortage. The COVID-19 pandemic has resulted in a significant and long-term decrease in production utilisation. Furthermore, travel restrictions and facility closures have hampered staff visits to their facilities, limiting the growth of the Asia-Pacific Containerboard market in 2020. However, given the high demand for Asia-Pacific Containerboard, COVID-19's market effects are expected to be transitory. The industry is expected to fully recover by the beginning of 2021.

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