Asia-Pacific Containerboard Market - Industry Analysis and Forecast (2024-2030)

  • Asia-Pacific Containerboard Market was valued at USD 61.72 billion in 2023. The Asia-Pacific Containerboard Market size is estimated to grow at a CAGR of 3.3 % over the forecast period.

  • Format : PDF | Report ID : SMR_947

Asia-Pacific Containerboard Market Definition:

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. According to the American Forest and Paper Association, container board manufacturing uses more than half of the recovered fibre used in paper and paperboard manufacturing.


Further, the Asia-Pacific Containerboard market is segmented by product Material, Type, End-User, and geography. On the basis of Type, the Asia-Pacific Containerboard market is segmented under Kraftliners, Testliners and Flutings. Based on the Material, the market is segmented under the channels of Virgin Fibers, Recycled Fibers and Virgin+Recycled Fibers. Based on the End-User the market is segmented under the channels of Food & Beverages, Consumer Goods and Others. By geography, the market covers the major countries in Asia Pacific i.e., India, China, Japan, Australia and Rest of Asia Pacific For each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).


Asia-Pacific Containerboard Market


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Asia-Pacific Containerboard COVID 19 Insights:

During the pandemic, nearly every industry sector was temporarily shut down, resulting in decreased consumption of containerboard, which is used in the packaging of various finished goods in these industries, thus cutting demand in the containerboard market. 


The COVID-19 outbreak has utterly devastated many industries due to the inconvenience of lockdowns in several countries across the world. During the lockdowns, a few limits on industrial activities were enforced. In addition, major containerboard producers, such as the paper industry and paper mills, have ceased operations. 


Due to a dip in demand and supply chain delays caused by the COVID-19 outbreak, the containerboard sector is expected to decline.


Asia-Pacific Containerboard Market Dynamics:

Manufacturers understand that to penetrate new markets and win new customers, they must be at the forefront of innovative new products and innovative production techniques.


The majority of key companies are engaged in the innovation of durable, long-lasting, and resource-efficient corrugated board products. For example, SCA Containerboard aims to develop moisture-proof solutions for different use cases, such as in the food segment. In addition, where fresh produce must be stored in varying degrees of humidity, temperature, and humidity, the containers are designed to withstand those variations, protecting and keeping the product fresh, delicious, and above all, ensuring the integrity of its structure and external image. 


Another key area where companies are innovating is the production of containers from recycled materials and water, with the theme of "eco-friendly". Even though manufacturing is becoming increasingly focused on resource-efficient, sustainable manufacturing techniques, such as the manufacturing process used by KapStone, SC's Cowpens plant.


Customer requirements include lightweight, high-performance, cost-and space-saving materials that are durable and environmentally friendly. Oji Fiber has developed a high-performance HiGOLD kraftliner that offers increased light weight.


Asia-Pacific Containerboard Market Segment Analysis:

By Type:

During the forecast period, kraft liners are expected to account for the majority of the market share due to their high tensile strength and widespread use in the manufacture of paper sacks. 


Test liners, on the other hand, are expected to grow significantly due to their wide range of applications in consumer durables packaging, such as processed food, meat products, and home & personal care, as well as their role in reducing carbon emissions, which is driving the segment's growth over the forecast period.


Asia-Pacific Containerboard Market


By End User:

The food and beverage industry is likely to account for a significant portion of the containerboard market. Sausages, cheese, pies, canned veggies, and other food and beverage items are among the things available. These goods, which are intended to protect consumables from tampering and contamination, require nutritional consistency to maintain their texture and taste.


Asia-Pacific Containerboard Market Key Players Insights:

The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.


The market's major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the europemarket, key players in the market, particularly in this region, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.


The objective of the report is to present a comprehensive analysis of the Asia-Pacific Containerboard market to the stakeholders in the industry. The report provides trends that are most dominant in the Asia-Pacific Containerboard market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Asia-Pacific Containerboard Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.


The qualitative and quantitative data provided in the Asia-Pacific Containerboard market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Asia-Pacific Containerboard market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Asia-Pacific Containerboard market.


Report photo


The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Asia-Pacific Containerboard market. The report also analyses if the Asia-Pacific Containerboard market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.


The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Asia-Pacific Containerboard market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Asia-Pacific Containerboard market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Asia-Pacific Containerboard market is aided by legal factors.


Asia-Pacific Containerboard Market Scope:

Asia-Pacific Containerboard Market Scope

Market Size in 2023

USD 61.72 Bn.

Market Size in 2030

USD 77.47 Bn.

CAGR (2024-2030)


Historic Data


Base Year


Forecast Period


Segment Scope

By Material

  • Virgin Fibers
  • Recycled Fibers
  • Virgin+Recycled Fibers

By Type

  • Kraftliners
  • Testliners
  • Flutings

Country Scope

  • China
  • India 
  • Japan 
  • South Korea
  • Australia 
  • Rest of APAC


Asia-Pacific Containerboard MARKET KEY PLAYERS:  

Frequently Asked Questions

The segments covered in the Asia-Pacific Containerboard Market report are based on Material, Type and End-User.

  1. Scope of the Report
  2. Research Methodology
    • Research Process
    • Asia-Pacific Containerboard Market: Target Audience
    • Asia-Pacific Containerboard Market: Primary Research (As per Client Requirement)
    • Asia-Pacific Containerboard Market: Secondary Research
  3. Executive Summary
  4. Competitive Landscape
    • Stellar Competition matrix
      • Asia Pacific Stellar Competition Matrix
    • Key Players Benchmarking: - by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
    • Mergers and Acquisitions in Industry: - M&A by Region, Value, and Strategic Intent
    • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
    • Market Challenges
    • PESTLE Analysis
    • PORTERS Five Force Analysis
    • Value Chain Analysis
  5. Asia-Pacific Containerboard Market Segmentation
    • Asia-Pacific Containerboard Market, by Material (2023-2030)
      • Virgin Fibers
      • Recycled Fibers
      • Virgin+Recyled Fibers
    • Asia-Pacific Containerboard Market, by Type (2023-2030)
      • Kraftliners
      • Testliners
      • Flutings
    • Asia-Pacific Containerboard Market, by End User (2023-2030)
      • Food & Beverages
      • Consumer Goods
      • Others
    • Asia-Pacific Containerboard Market, by Country (2023-2030)
      • India
      • China
      • Japan
      • Australia
      • Rest of Asia Pacific
  1. Company Profiles
    • Key Players
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Business Strategy
        • Key Developments
      • Lee & Man Paper Manufacturing Ltd.
      • Rengo Co. Ltd.
      • Nine Dragon Paper (Holdings) Limited
  2. Key Findings
  3. Recommendations

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