Enhanced lifestyle of the consumers and convenience of usage are major factor expect to sore the global liquid paper board market. Liquid packaging board is a multi-ply paperboard with high stiffness, strong wet sizing and a high barrier coating. Global liquid paperboard market is highly influenced by growing demand of the packaging from the food and beverages industry. Eco-friendly feature of Liquid Paperboard are increasing the market share owing to the various restriction imposed by the government on the usage of plastic containers.
Global Liquid Paperboard Market: Competitive LandscapeÂ
Global liquid paperboard market is emerging as the most prominent substitute to the plastic packaging. Hence, global liquid paperboard market holds a fierce competition. The key players of global liquid paperboard market are Stora Enso, Rank, International Paper WestRock, BillerudKorsnas, Klabin, IP/Sun, Â Koch (GP), Asia Pacific Resources International Limited (APRIL), Weyerhaeuser (Nippon), Clearwater, Jianghe Paper,Bohui, Asia Pulp & Paper (APP), Â Yibin. Among all the competitors Stora Enso is emerging as the most prominent player with several new packaging technique.
Global Liquid Paperboard Market: Trends and OpportunitiesÂ
Global liquid paperboard marketÂ is likely to be dominated by the increasing demand of liquid paperboard in global food & beverage industry. The growing trend of environmentally friendly packaging material over conventional plastic packaging is supposed to give a major boost to global liquid paperboard market.Â Additionally, leak-proof, recyclable and lightweight features is driving the demand ofÂ global liquid paperboard market.Â
However, global liquid paperboard market is expected to suffer from the considerable strain owing to less productivity in milk industry in some part of the region. For example- In U.K. farmers were forced to sell milk below their cost price and due to it several farms were closed. It readily reduced the demand of liquid paperboard. However, with several reforms and government intervention demand of liquid paperboard is expected to buoy in the region. Also, the global liquid paperboard market is receiving a stiff competition from the glass and plastic packaging industry.
Nevertheless, the key players of the coming up with effective measures to combat the challenges posed by the competitive industry. Like high customization ability, light weight, easy transportation feature and so forth.
Global Liquid Paperboard Market: Geographical AnalysisÂ
The geographical analysis of global liquid paperboard market gives an insight of the region sentiments of the product across the globe. Region wise global liquid paperboard market is segmented across- North America, Europe, Asia-Pacific (China, Japan), and other region. Among all these region North America is supposed to hold immense potential due to the several major reforms and initiative taken by the government to increase the sale of environmental friendly packaging and products.