Coated Recycled Boxboard Market Research Report: By Coating Type (Clay-Coated, Polyethylene-Coated, Other Coatings), By Application (Carton Board, Folding Carton, Other Applications), By Grammage Range (Less than 200 gsm, 200-400 gsm, Above 400 gsm), By End-Use Industry (Food & Beverage, Pharmaceuticals, Electronics, Personal care, Others), By Recycled Content (100% Recycled, 75-99% Recycled, 50-74% Recycled, Below 50% Recycled) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2032.

Global Coated Recycled Boxboard Market Overview

The Coated Recycled Boxboard Market Size was estimated at 14.84 (USD Billion) in 2022. The Coated Recycled Boxboard Industry is expected to grow from 15.42(USD Billion) in 2023 to 21.9 (USD Billion) by 2032. The Coated Recycled Boxboard Market CAGR (growth rate) is expected to be around 3.97% during the forecast period (2023 - 2032).

Key Coated Recycled Boxboard Market Trends Highlighted

The coated recycled boxboard market is expected to grow significantly in the coming years. The growth will be driven by the increasing demand for sustainable packaging solutions and the growing e-commerce industry. The coated recycled boxboard is made from recycled paper, which makes it an environmentally friendly option. It is also lightweight and durable, making it ideal for packaging a variety of products. The market for coated recycled boxboard is expected to grow in all regions of the world, with the Asia-Pacific region expected to be the fastest-growing market.Key market drivers include the growing demand for sustainable packaging solutions and the growing e-commerce industry. The growing environmental awareness among consumers is leading to an increase in demand for sustainable packaging solutions. Coated recycled boxboard is an environmentally friendly alternative to traditional packaging materials, such as plastic and metal. The growing e-commerce industry is also driving demand for coated recycled boxboard, as it is used to package products that are shipped online.Recent trends in the coated recycled boxboard market include the development of new products and technologies. Manufacturers are developing new products that are lighter, stronger, and more durable. They are also developing new technologies to improve the production process. The market is also seeing an increase in the use of recycled material. Manufacturers are using more recycled paper in the production of coated recycled boxboard, which is reducing the environmental impact of the product.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Coated Recycled Boxboard Market Drivers

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  Increasing Demand for Sustainable Packaging

  
  

With increasing awareness of environmental sustainability, the adoption of eco-friendly packaging solutions has rapidly grown. Coated recycled boxboard is one of the environmental-friendly packaging apart from being used as an alternative to the cost-effective packaging material. This coated recycled boxboard is gaining popularity for multiple recyclability without affecting the quality of the material. This advantageous feature of the boxboard aligns with consumers' preferences and their level of adopting eco-friendly products.However, coated recycled boxboard is anticipated to increase the growth of the  Coated Recycled Boxboard Market Industry.

Growing E-commerce Sector

The expansion of the e-commerce sector in the past few years has resulted in a high demand for packaging solutions. Coated recycled boxboard is presently one of the most utilized materials for e-commerce packaging, given its lightweight and strong nature, allowing it to protect products as they are being transported. Due to the rising adoption of e-commerce, the market for coated recycled boxboard is anticipated to grow in the future, contributing to the expansion of the  Coated Recycled Boxboard Market Industry.

Technological Advancements

The quality and applications of coated roll recycle boards are being significantly impacted by the technological change in the production and processing of this type of material. Accompanied by the development in coating technology, the moisture resistance and printability of the coated roll recycle board have been significantly improved, broadening the horizons of this material’s applications. In addition to that, technological innovations in recycling techniques and the ability to recycle high-quality sources of fiber also influence the production of coated roll recycle boards.

Coated Recycled Boxboard Market Segment Insights

Coated Recycled Boxboard Market Coating Type Insights 

The  Coated Recycled Boxboard Market is segmented by Coating Type into Clay-Coated, Polyethylene-Coated, and Other Coatings. Clay-coated is the largest segment, accounting for over 50% of the  market in 2023. This is due to its low cost, good printability, and versatility. Clay-coated boxboard is used in a wide range of applications, including food packaging, beverage packaging, and consumer electronics packaging. Polyethylene-coated is the second largest segment, accounting for over 25% of the  market in 2023. Polyethylene-coated boxboard is more expensive than clay-coated boxboard, but it offers better moisture resistance and barrier properties.This makes it ideal for packaging products that are sensitive to moisture or oxygen, such as food and pharmaceuticals. Other Coatings include wax-coated, acrylic-coated, and UV-coated boxboard. These coatings offer different properties, such as improved water resistance, scuff resistance, and printability. This growth is driven by the increasing demand for sustainable packaging solutions. Coated recycled boxboard is an environmentally friendly alternative to traditional packaging materials, such as plastic and metal. It is made from recycled paperboard, which reduces the environmental impact of packaging.The growth of the  Coated Recycled Boxboard Market is also driven by the increasing demand for packaged goods. The rising population and urbanization are leading to an increase in the consumption of packaged goods. This is expected to drive the demand for coated recycled boxboard, which is used in a wide range of packaging applications.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Coated Recycled Boxboard Market Application Insights

The  Coated Recycled Boxboard Market is segmented by Application into Carton Board, Folding Carton, and Other Applications. Among these segments, the Carton Board segment is expected to hold the largest market share in 2023, accounting for around 32.8 percent of the  market. This is due to the increasing demand for carton boards in various industries such as food and beverage, pharmaceutical, and consumer goods. The Folding Carton segment is expected to be the fastest-growing segment during the forecast period, with a CAGR of 4.2 percent from 2023 to 2032.This growth is attributed to the rising demand for folding cartons in the packaging of pharmaceuticals, cosmetics, and electronics products. The other Applications segment includes applications such as book covers, stationery, and labels and is expected to grow at a steady pace during the forecast period.

Coated Recycled Boxboard Market Grammage Range Insights

The grammage range segment plays a crucial role in defining the specifications and applications of coated recycled boxboard. The segment comprises three primary categories: Less than 200 gsm: This lightweight category is suitable for packaging delicate products, such as food and pharmaceuticals. Its low grammage makes it an economical option while ensuring adequate protection. 200-400 gsm: This mid-range category offers a balance between strength and versatility. It is commonly used in packaging for consumer goods, cosmetics, and electronics, where both durability and visual appeal are important.Above 400 gsm: This heavy-duty category caters to products requiring high rigidity and protection. It is ideal for packaging industrial goods, machinery, and heavy-duty items, where robust packaging is essential to withstand transportation and handling. The  Coated Recycled Boxboard Market data reveals that the 200-400 gsm segment accounts for the largest market share, driven by its widespread use in various industries. The less than 200 gsm segment is expected to witness steady growth due to rising demand for lightweight and sustainable packaging solutions.Meanwhile, the above 400 gsm segment is projected to expand at a moderate pace, driven by the increasing need for durable packaging in the industrial sector.

Coated Recycled Boxboard Market End-Use Industry Insights

The end-use industry segment of the  Coated Recycled Boxboard Market exhibits a diverse landscape, with various industries contributing significantly to the market's growth. The Food Beverage industry holds a substantial share, driven by the increasing demand for packaged food and beverages. The Pharmaceuticals industry also plays a vital role, with coated recycled boxboard widely used for packaging pharmaceuticals due to its protective and tamper-proof qualities. The Electronics industry utilizes coated recycled boxboard for packaging electronic devices, ensuring their safe transportation and storage.The Personal care industry leverages coated recycled boxboard for packaging cosmetics and toiletries, enhancing product presentation and protection. Other end-use industries, such as automotive, industrial, and retail, also contribute to the market's growth. The  Coated Recycled Boxboard Market is projected to reach a valuation of USD 17.28 billion by 2024, showcasing the industry's continued expansion and the growing demand for sustainable packaging solutions.

Coated Recycled Boxboard Market Recycled Content Insights

Recycled content is a crucial factor in the Coated Recycled Boxboard Market, influencing both consumer choices and environmental sustainability. The market is segmented into four categories based on recycled content: 100% Recycled, 75-99% Recycled, 50-74% Recycled, and Below 50% Recycled. The segment with the highest market growth potential is 100% Recycled, driven by increasing environmental awareness and government regulations promoting sustainability. The  Coated Recycled Boxboard Market revenue for 100% Recycled is projected to reach $5.2 billion by 2024, owing to growing demand from industries such as food and beverage, pharmaceuticals, and consumer goods.The 75-99% Recycled segment is also witnessing significant growth due to its combination of sustainability and cost-effectiveness, with an estimated market size of $3.9 billion by 2024. The 50-74% Recycled segment caters to applications where a balance between sustainability and cost is essential, while the Below 50% Recycled segment remains important for specific applications with less stringent sustainability requirements. Overall, the market segmentation based on recycled content provides insights into the evolving dynamics of the industry and helps manufacturers tailor their products to meet specific customer needs and regulatory requirements.

Coated Recycled Boxboard Market Regional Insights

The  Coated Recycled Boxboard Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, APAC holds the largest market share, owing to the increasing demand for coated recycled boxboard in packaging applications. The region is home to a large number of manufacturing industries that use coated recycled boxboard for packaging their products. Additionally, the growing e-commerce industry in the region is also driving the demand for coated recycled boxboard. North America is another major market for coated recycled boxboard.The region has a well-developed packaging industry, which uses coated recycled boxboard for a variety of applications. Moreover, the increasing environmental awareness in the region is also leading to a higher demand for coated recycled boxboard. Europe is also a significant market for coated recycled boxboard. The region has a strong manufacturing base, which uses coated recycled boxboard for packaging its products. Additionally, the growing demand for sustainable packaging solutions is also driving the demand for coated recycled boxboard in Europe.South America and MEA are relatively smaller markets for coated recycled boxboard. The growth of the market is attributed to the increasing demand for coated recycled boxboard in packaging applications. Additionally, the growing environmental awareness is also leading to a higher demand for coated recycled boxboard.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Coated Recycled Boxboard Market Key Players And Competitive Insights

Major market players in the Coated Recycled Boxboard Market survive the industry competition by heavily investing in R, as well as new product launches and building partnerships. Top key stakeholders are coming up with innovative products and expanding their operational facilities and distribution across emerging markets. It’s worth noting that the top key players in the Coated Recycled Boxboard Market are extending their jargon across different industrial domains.The competitive landscape shows a lot of activities and mixed development programs implemented by top key stakeholders. The market profile is characterized by the majority of top market players who are Multinational giants. Besides, it boasts of a mix of many industry titans and small players, a factor that keeps the market competitive and inter defiant. As this combined mode of development continues to happen in the industry, it’s affecting the  market in multiple ways.One of the key stakeholders in the Coated Recycled Boxboard Market is Smurfit Kappa, which is a well-established and recognized market provider. The company is known for offering a wide range of coated recycled boxboard for end users, such as food and beverage packaging, personal care packaging and industrial packaging. Smurfit Kappa has already captured the European, North and Latin American markets and put many resources into long-term growth, innovation and sustainability. At the same time, International Paper, a market stakeholder, offers a variety of products related to pulp, paper, and packaging to consumers based around the world. The company's focus is on coated recycled boxboard tissue boxes, that go-to-market goods for carefully targeted businesses that operate in a diversity of food, beverage, pharmaceuticals, consumer goods and many other industries.

Key Companies in the Coated Recycled Boxboard Market Include

• Norske Skog


• BillerudKorsnäs


• Huhtamaki


• Stora Enso


• DS Smith


• Smurfit Kappa


• International Paper


• Nippon Paper Industries


• JK Paper


• Mitsubishi Paper Mills


• ITC Limited


• MayrMelnhof Karton


• WestRock


• Mondi


• Reno De Medici

Coated Recycled Boxboard Market Industry Developments

The Coated Recycled Boxboard Market is projected to grow at a CAGR of 3.97% from 2024 to 2032, reaching a total market size of USD 21.9 billion by 2032. The market growth is attributed to rising demand for sustainable packaging solutions and increasing environmental concerns. Recent news developments in the market include the launch of new products, such as lightweight and recyclable coated recycled boxboard grades, by major manufacturers. Additionally, the growing adoption of e-commerce is driving the demand for coated recycled boxboard for packaging applications. The Asia-Pacific region is expected to witness significant growth in the Coated Recycled Boxboard Market due to the increasing demand for consumer goods and the presence of a large manufacturing base.

Coated Recycled Boxboard Market Segmentation Insights

Coated Recycled Boxboard Market Coating Type Outlook

• Clay-Coated


• Polyethylene-Coated


• Other Coatings

Coated Recycled Boxboard Market Application Outlook

• Carton Board


• Folding Carton


• Other Applications

Coated Recycled Boxboard Market Grammage Range Outlook

• Less than 200 gsm


• 200-400 gsm


• Above 400 gsm

Coated Recycled Boxboard Market End-Use Industry Outlook

• Food and Beverage


• Pharmaceuticals


• Electronics


• Personal care


• Others

Coated Recycled Boxboard Market Recycled Content Outlook

• 100% Recycled


• 75-99% Recycled


• 50-74% Recycled


• Below 50% Recycled

Coated Recycled Boxboard Market Regional Outlook

• North America


• Europe


• South America


• Asia-Pacific


• Middle East and Africa