Chipboard Box Market:Size, Share, Growth, Trends, and Forecasts 2016–2024
Sarasota, FL -- (SBWIRE) -- 09/19/2017 -- Chipboard Box Market: Growth Factors
The use of the chipboard boxes are considered as a modern solution for the retail packaging and this will grow owing to the growth of the supermarket, hypermarket, and online retail sales. The main factors that are contributing to the growth of the market are the rise in the awareness about the environmental sustainability and the chipboard boxes are a cost-effective solution. Another factor that also favors the growth of the market is the increasing disposable income of the middle-class population. The factors that are going to affect the growth of the market in a negative way are the rise in the use of the plastic sacks and bags. The plastic bag manufacturers are making innovations in their products by reducing the harmful effects and increasing the convenience of the customer thus affecting the sales of the chipboard boxes. Another factor that hampers the growth of the market is the biohazard that is caused due to the lack of the raw material.
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Chipboard Box Market: Regional Analysis
The North American region is considered as the largest market for the chipboard boxes. The factors that support the growth of the market in this region include the presence of the major market players and the increase in the consumption of the ready packed food products. The development that is made in the sectors such as retail and medical in the countries such as Canada and the U.S. triggers the sales of the chipboard boxes. In other regions such as Europe and Asia Pacific, the market is growing rapidly.
Chipboard Box Market: Overview
In the modern life, the chipboard boxes are playing an important role as the demand for the food and consumer products are increasing largely. The requirement for such type of products has increased considerably owing to the ease of availability of the raw material such as the wood and paper. The chipboard boxes are made from a stiff and thin sheet of material which is made from the waste paper.
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Chipboard Box Market: Facts
The product Reverse Tuck End boxes are developed by the PaperMart organization. It is available in two colors brown and white. Self-locking does not require a tape or glue in order to set up for the purpose of usage. It is generally used as an inner carton that is packed in the outer shipping carton. These boxes are made exclusively and sold as "give away" boxes for business purposes. These boxes are shipped flat.
Chipboard Box Market: Segmentation
The global market for the chipboard box is fragmented into the material type, product type, and the end-user industry. On the basis of the material type, the global market is segregated into wood and paper. On the basis of the product type, the market is categorized into matchbox type, portable handle box, boxing, and the cover hinge on lower box. On the basis of the end-user industry, the market is divided into pharmaceutical, home care, food, cosmetics and personal care.
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Chipboard Box Market: Competitive Players
The key market players that are involved in the chipboard box market include Canadian Paper Packaging, Multicell Packaging, All Packaging Services, REID Packaging, Imperial Printing & Paper Box Manufacturers Limited, RTS Packaging, Marion Paperbox, RPC Packaging, Media Manufacturing & Custom Packaging, Canpaco Packaging, and others.
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