Recycled White Lined Chipboard Market 2024 - Market Brief Analysis, Market Size, Top Leading Companies, Segmentation

Global recycled white lined chipboard market size is expected to reach $1.82 billion by 2028 at a rate of 15.1%, segmented as by type, waste paper type, recycled fibers type

Sep 4, 2024 - 07:36

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Overview and Scope
Recycled white-lined chipboard (RWLC) is a paperboard made from recycled fibers, often used in packaging and printing applications. It consists of multiple layers, with the top layer (the liner) being white and smooth, providing a good printing surface. The inner layers are typically made from recycled materials, including old newspapers, corrugated boxes, and other waste paper products.

Sizing and Forecast
The recycled white lined chipboard market size has grown rapidly in recent years. It will grow from $0.93 billion in 2023 to $1.04 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to demand for high quality and environment friendly products, growing demand for sustainable packaging solutions, rise of e-commerce and online retailing, government initiatives and regulations to promote recycling, and rising awareness about the benefits of using recycled materials.

The recycled white lined chipboard market size is expected to see rapid growth in the next few years. It will grow to $1.82 billion in 2028 at a compound annual growth rate (CAGR) of 15.1%. The growth in the forecast period can be attributed to growing awareness of environmental sustainability and conservation, food and beverage industry's shift to sustainable packaging, increasing demand from packaging and printing industries, the growing popularity of eco-friendly products among consumers, and increasing in various end-use sectors. Major trends in the forecast period include technological advancement in production of high-quality chemicals, government rules and industry’s standards, product launches, new technologies to enhance their product portfolio, and advancements in recycling technology and cost-effectiveness.

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Segmentation & Regional Insights
The recycled white lined chipboard market covered in this report is segmented –

1) By Type: Waste Paper Type, Recycled Fibres Type
2) By Thickness: Thin Board, Medium Board, Thick Board
3) By Application: Cereals And Dry Foods, Frozen Or Chilled Food, Shoes, Toys, Industrial, Car Spares, Electronics, Cosmetics, Household Goods, Other Applications

Asia-Pacific was the largest region in the recycled white lined chipboard market in 2023. The regions covered in the recycled white lined chipboard market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increasing demand from the food and beverages industry is expected to propel the growth of the recycled white-lined chipboard market going forward. The food and beverages industry is the economy sector that produces, processes, and sells food and drinks for human consumption. The increasing demand for recycled white-lined chipboards from the food and beverages industry can be attributed to sustainability concerns, consumer preferences, brand image, and corporate responsibility. Recycled white-lined chipboard is a sustainable, cost-effective, and versatile packaging solution that aligns with the food and beverage industry's goals of reducing environmental impact and meeting consumer demand for eco-friendly products. For instance, in May 2021, according to the Australian Bureau of Statistics, an Australia-based government agency, sales of food and non-alcoholic drinks reached 15.1 million tons in 2021–2022, a significant increase from the 14.8 million metric tons sold in the previous fiscal year of 2020–21. Therefore, the increasing demand from the food and beverages industry is driving the growth of the recycled white-lined chipboard market.

Key Industry Players
Major companies operating in the recycled white lined chipboard market are WestRock Company, International Paper Company, Smurfit Kappa Group, DS Smith Plc, Stora Enso Oyj, Mondi Group, Graphic Packaging International LLC, Sonoco Products Company, Mayr-Melnhof Karton AG, Cascades Inc., Saica Group, Reno de Medici S.p.A., Walki Group, Kotkamills Oy, Dongguan Jianhui Paper Co. Ltd., Fiskeby Board AB, Elliott Baxter & Company Ltd (EBB Paper), Preston Board & Packaging Ltd., WEIG Karton Inc., Shanghai DE Printed Box, KappaStar, Kartonfabrik Buchmann GmbH

The recycled white lined chipboard market report table of contents includes:

1. Executive Summary

2. Recycled White Lined Chipboard Market Characteristics

3. Recycled White Lined Chipboard Market Trends And Strategies

4. Recycled White Lined Chipboard Market - Macro Economic Scenario

5. Global Recycled White Lined Chipboard Market Size and Growth

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32. Global Recycled White Lined Chipboard Market Competitive Benchmarking

33. Global Recycled White Lined Chipboard Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Recycled White Lined Chipboard Market

35. Recycled White Lined Chipboard Market Future Outlook and Potential Analysis

36. Appendix