Liquid Paperboard Market by Application - Forecast and Analysis 2022-2026

Published: Mar 2022 Pages: 141 SKU: IRTNTR72772

The liquid paperboard market share is expected to increase by USD 2.99 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.67%.

This liquid paperboard market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers liquid paperboard market segmentation by application (dairy products, juice products, and others) and geography (North America, Europe, APAC, South America, Middle East and Africa, US, Germany, UK, China, and Japan). The liquid paperboard market report also offers information on several market vendors, including BillerudKorsnas AB, Bulleh Shah Packaging Pvt. Ltd., Clearwater Paper Corp., Elopak AS, Georgia-Pacific LLC, Klabin SA, Graphic Packaging Holding Co., International Paper Co., Nippon Paper Industries Co. Ltd., Pactiv Evergreen Inc., PaperWorks Industries Inc., PT. Indah Kiat Pulp and Paper Tbk, Rengo Co. Ltd., Stora Enso Oyj, The West Rock group, and Yibin Paper Co. Ltd. among others.

What will the Liquid Paperboard Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Liquid Paperboard Market Size for the Forecast Period and Other Important Statistics

 

Liquid Paperboard Market: Key Drivers, Trends, and Challenges

The increase in demand for recyclable and sustainable packaging is notably driving the liquid paperboard market growth, although factors such as fluctuations in raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the liquid paperboard industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Liquid Paperboard Market Driver

The increase in demand for recyclable and sustainable packaging is one of the key drivers supporting the liquid paperboard market growth. Paperboards are considered to be one of the most sustainable packaging formats as they are easily recyclable. Furthermore, liquid paperboard producers are trying to use more renewable resources to enhance their environmental credentials. These renewable paperboards are derived from wood pulp or recycled wastepaper, and hence, are environment-friendly and biodegradable as they do not contain any toxic substances. Hence, the eco-friendly and sustainable characteristics of paperboards will drive the demand for liquid paperboard during the forecast period.

Key Liquid Paperboard Market Trend

Technological innovations in liquid packaging is one of the key liquid paperboard market trends. The development of MFC is an example of technological innovation. It is a natural, renewable, and biodegradable raw material. It is stronger than steel and safe for food contact. It preserves the aroma of the food and provides an excellent oxygen and grease barrier. Stora Enso is one of the first companies to commercially launch paperboard enhanced with MFC in milk cartons for the dairy industry. In June 2019, the company introduced New Natura, a liquid packaging board enhanced with MFC for extra strength and lower weight. Thus, the growing number of innovations in coating technologies will play a vital role in propelling the growth of the global liquid paperboard market during the forecast period.

Key Liquid Paperboard Market Challenge

Fluctuations in raw material prices is one of the factors hindering the liquid paperboard market growth. For instance, the price of paper has increased owing to the rising cost of transportation. Meanwhile, the average price of diesel globally is $1.00 per liter. As the fuel cost increases, the freight rates also go up. As paper and paper products must be shipped globally, the increasing fuel and freight prices will concurrently raise the price of paper. Such increases in the prices of raw materials lead to a rise in the production cost of vendors and affect their profit margins adversely. Hence, vendors are forced to pass on the cost burden to the end-users. Thus, manufacturers are compelled to experiment with cheaper substitutes to remain competitive in the market. Such factors will impede the market growth during the forecast period.

This liquid paperboard market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global liquid paperboard market as a part of the global paper packaging industry. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the liquid paperboard market during the forecast period.

Who are the Major Liquid Paperboard Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • BillerudKorsnas AB
  • Bulleh Shah Packaging Pvt. Ltd.
  • Clearwater Paper Corp.
  • Elopak AS
  • Georgia-Pacific LLC
  • Klabin SA
  • Graphic Packaging Holding Co.
  • International Paper Co.
  • Nippon Paper Industries Co. Ltd.
  • Pactiv Evergreen Inc.
  • PaperWorks Industries Inc.
  • PT. Indah Kiat Pulp and Paper Tbk
  • Rengo Co. Ltd.
  • Stora Enso Oyj
  • The West Rock group
  • Yibin Paper Co. Ltd.

 

This statistical study of the liquid paperboard market encompasses successful business strategies deployed by the key vendors. The liquid paperboard market is fragmented and the vendors are deploying growth strategies such as service differentiation, portfolio, and pricing to compete in the market.

Product Insights and News

  • BillerudKorsnas AB - The division board segment deals with packaging materials in high-quality board made from primary fiber for beverages, food products, and various other consumer goods. 
  • BillerudKorsnas AB - The company is involved in offering liquid paperboard which keeps liquid content preserved in ambient temperature and chilled condition along with fulfilling the demand of printing for packaging. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The liquid paperboard market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Liquid Paperboard Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the liquid paperboard market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Liquid Paperboard Market?

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34% of the market's growth will originate from North America during the forecast period. The US is the key market for the liquid paperboard market in North America. Market growth in this region will be faster than the growth of the market in APAC.

The increase in consumer spending on household goods will facilitate the liquid paperboard market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The demand for liquid paperboard has witnessed significant growth in the region during the COVID-19 pandemic period, owing to the growth of the beverage industry and the household goods sector. Moreover, vaccination drives will drive the liquid paperboard market during the forecast period.

What are the Revenue-generating Application Segments in the Liquid Paperboard Market?

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The liquid paperboard market share growth by the dairy products segment will be significant during the forecast period. Dairy products are considered a vital source of nutrients for people of all age groups. On the other hand, there are concerns over dairy products getting damaged during transit. This has encouraged dairy product manufacturers to adopt rigid packaging solutions, such as liquid paperboard packaging, which is appealing to consumers and is less likely to get damaged during transportation. Such factors will help to stimulate the demand for liquid paperboard packaging for dairy products during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the liquid paperboard market size and actionable market insights on post COVID-19 impact on each segment.

 

Liquid Paperboard Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.67%

Market growth 2022-2026

$ 2.99 million

Market structure

Fragmented

YoY growth (%)

2.58

Regional analysis

North America, Europe, APAC, South America, Middle East and Africa, US, Germany, UK, China, and Japan

Performing market contribution

North America at 34%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

BillerudKorsnas AB, Bulleh Shah Packaging Pvt. Ltd., Clearwater Paper Corp., Elopak AS, Georgia-Pacific LLC, Klabin SA, Graphic Packaging Holding Co., International Paper Co., Nippon Paper Industries Co. Ltd., Pactiv Evergreen Inc., PaperWorks Industries Inc., PT. Indah Kiat Pulp and Paper Tbk, Rengo Co. Ltd., Stora Enso Oyj, The West Rock group, and Yibin Paper Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Liquid Paperboard Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive liquid paperboard market growth during the next five years
  • Precise estimation of the liquid paperboard market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the liquid paperboard industry across North America, Europe, APAC, South America, Middle East and Africa, US, Germany, UK, China, and Japan
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of liquid paperboard market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Dairy products - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Dairy products - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Dairy products - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Dairy products - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Dairy products - Year-over-year growth 2021-2026 (%)
  • 5.4 Juice products - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Juice products - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Juice products - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Juice products - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Juice products - Year-over-year growth 2021-2026 (%)
  • 5.5 Others - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Application
    • Exhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 Germany - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.10 UK - Market size and forecast 2021-2026
    • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.11 China - Market size and forecast 2021-2026
    • Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.12 Japan - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 BillerudKorsnas AB
    • Exhibit 93: BillerudKorsnas AB - Overview
    • Exhibit 94: BillerudKorsnas AB - Business segments
    • Exhibit 95: BillerudKorsnas AB - Key news
    • Exhibit 96: BillerudKorsnas AB - Key offerings
    • Exhibit 97: BillerudKorsnas AB - Segment focus
  • 10.4 Bulleh Shah Packaging Pvt. Ltd.
    • Exhibit 98: Bulleh Shah Packaging Pvt. Ltd. - Overview
    • Exhibit 99: Bulleh Shah Packaging Pvt. Ltd. - Business segments
    • Exhibit 100: Bulleh Shah Packaging Pvt. Ltd. - Key offerings
    • Exhibit 101: Bulleh Shah Packaging Pvt. Ltd. - Segment focus
  • 10.5 Clearwater Paper Corp.
    • Exhibit 102: Clearwater Paper Corp. - Overview
    • Exhibit 103: Clearwater Paper Corp. - Key offerings
  • 10.6 Elopak AS
    • Exhibit 104: Elopak AS - Overview
    • Exhibit 105: Elopak AS - Key offerings
  • 10.7 Georgia-Pacific LLC
    • Exhibit 106: Georgia-Pacific LLC - Overview
    • Exhibit 107: Georgia-Pacific LLC - Product / Service
    • Exhibit 108: Georgia-Pacific LLC - Key news
    • Exhibit 109: Georgia-Pacific LLC - Key offerings
  • 10.8 Graphic Packaging Holding Co.
    • Exhibit 110: Graphic Packaging Holding Co. - Overview
    • Exhibit 111: Graphic Packaging Holding Co. - Business segments
    • Exhibit 112: Graphic Packaging Holding Co. - Key news
    • Exhibit 113: Graphic Packaging Holding Co. - Key offerings
    • Exhibit 114: Graphic Packaging Holding Co. - Segment focus
  • 10.9 Pactiv Evergreen Inc.
    • Exhibit 115: Pactiv Evergreen Inc. - Overview
    • Exhibit 116: Pactiv Evergreen Inc. - Business segments
    • Exhibit 117: Pactiv Evergreen Inc. - Key news
    • Exhibit 118: Pactiv Evergreen Inc. - Key offerings
    • Exhibit 119: Pactiv Evergreen Inc. - Segment focus
  • 10.10 PaperWorks Industries Inc.
    • Exhibit 120: PaperWorks Industries Inc. - Overview
    • Exhibit 121: PaperWorks Industries Inc. - Product / Service
    • Exhibit 122: PaperWorks Industries Inc. - Key offerings
  • 10.11 Stora Enso Oyj
    • Exhibit 123: Stora Enso Oyj - Overview
    • Exhibit 124: Stora Enso Oyj - Business segments
    • Exhibit 125: Stora Enso Oyj - Key news
    • Exhibit 126: Stora Enso Oyj - Key offerings
    • Exhibit 127: Stora Enso Oyj - Segment focus
  • 10.12 The West Rock group
    • Exhibit 128: The West Rock group - Overview
    • Exhibit 129: The West Rock group - Business segments
    • Exhibit 130: The West Rock group - Key news
    • Exhibit 131: The West Rock group - Key offerings
    • Exhibit 132: The West Rock group - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 133: Inclusions checklist
    • Exhibit 134: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 135: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 136: Research methodology
    • Exhibit 137: Validation techniques employed for market sizing
    • Exhibit 138: Information sources
  • 11.5 List of abbreviations
    • Exhibit 139: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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