Coated Unbleached Paperboard Market Witness Excellent Revenue Growth, Emerging Trends & Forecast

Global Coated Unbleached Paperboard Market – Overview

Speedy industriliaztion across the globe has created the new opportunities of the global coated unbleached paperboard market. With the help of growing supply chain capabilities, manufacturers are exploring new geographies to tap into the market potential. Coated unbleached kraft paperboard is commonly used for superior strength while packaging of heavy duty products. Coated unbleached paperboard is 100% biodegradable as it uses 80% of the virgin wood pulp. Coated unbleached paperboard finds its application in various end use industry which include food & beverage, pharmaceuticals, electrical & electronics and among others. Increae in penetration of ecommerce sector has created new opportunities for the manufacturers of coated unbleached paperboard market. Due to its strong durability, coated unbleached paperboard finds its application in various end use industry.Coated unbleached paperboard is highly preferred for industrial packaging in which heavy goods are transferred from one end point to another end point in large quantity.Coated unbleached paperboard finds useful application in shipping & logistics industry. Overall the global outlook of the global unbleached kraft paperboard is expected to remain positive during the forecast period.

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Global Coated Unbleached Paperboard Market – Dynamics

The global packaging industry has undergone significant transformation in the last couple of decades. To tap the vast potential of rigid packaging, packaging manufacturers are shifting towards eco friendly products to attract the consumers and increase the sales of coated unbleached paperboard. The global coated unbleached paperboard is poised to face heavy demand from the retail sector which has resulted in increase in demand of coated unbleached kraft paperboard among the consumers. Apart from this, increase in awareness among the consumers and manufacturers regarding the effects of plastic packaging on the surrounding has resulted in a major shift in preference of environmentally friendly packaging solutions such as coated unbleached paperboard. Rapid growing end use industry in Asia Pacific region such as automobile, consumer electronics have increased the trade volume of the goods which has ultimately driven the coated unbleached paperboard market. The prevelance of unorganized sector consisting of small & medium manufacturers restricts the growth of the global coated unbleached paperboard market.

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