Coated Duplex Board Market Analysis by Size, Share, Growth, Trends up to 2029
Coated duplex board is manufactured by the state of art technology by using virgin fibers on the upper layer and recycled fiber in the middle to ensure good strength and stiffness to meet the demand of packaging industry. Coated duplex board is used in wide range of application such as manufacturing of boxes, cardboard sheet and other packaging formats.
Coated
duplex board are used in cup stock board for paper cups and
folding box boards for high end packaging segment. Coated duplex board have
excellent surface and optical property with good printability and attractive
look. The manufacturers of coated duplex board are focusing on innovation and
development that helps to increase the application of the coated duplex board.
Coated duplex
board are mostly manufactured from the recycled fibers. Product such as
magazines, stationery items, comics and books are converted from coated duplex
board.
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Coated Duplex Board Market - Dynamics:
The demand for coated duplex board market is
primarily influenced by the packaging industry, globally. The paper packaging
market consist of 1/4th of the overall packaging market share. Increase in need
for ecofriendly and biodegradable packaging increase the demand for
coated duplex board during the forecast period.
Increase in demand from various manufacturing
sectors includes FMCG, pharma, agriculture and retail playing a crucial role
for the growth of coated duplex board market. The gradual ban of plastic
packaging by government regulatory due to environmental concerns related to
disposal of plastic waste is expected to influence the demand for coated duplex
board.
The rise in standards of hygiene and attractive
growth in fast food and beverages segment has led to develop a trend of using
disposable packaging formats like, cups, plates, bowls, etc. The paper and pulp
manufacturers are focusing on increasing the production capacity of with
innovation in the product. The increase in demand for high end standard quality
cardboard boxes influence the demand for coated duplex board.
It is due to its printability with smooth and clear
surface that provides attractive look. Packaging companies are shifting towards
ecofriendly and biodegradable solution provided by paper packaging product. The
increase in demand for e-commerce industry is expected to drive the coated
duplex board market during the forecast period. Owing to the consumption of
large volume of cardboard boxes for the delivery process.
The positive outlook towards the retail industry is
also expected to drive the coated duplex board market.
Coated Duplex Board Market: Regional Outlook
The Asia Pacific coated duplex board is poised to
grow during the forecast period. It is due to increase in demand for
environmental friendly products in emerging economy such as India and China.
Europe is also expected to show positive outlook
towards coated duplex board market due to the ban on plastic packaging in some
countries of Europe region and is expected to create a good opportunity for the
coated duplex board manufacturers in Europe.
Coated Duplex Board Market - Segmentation
The global
coated duplex board market is segmented as thickness, product type, and end
use.
By thickness,
the global coated duplex board market is segmented into -
- Up to 200 GSM
- 201 – 400 GSM
- 401 – 600 GSM
- Above 600 GSM
By product Type,
the global coated duplex board market is segmented into -
- Kraft Board
- White Board
By End Use, the
global coated duplex board market is segmented into -
- Food & Beverages
- Pharmaceuticals
- Personal Care & Cosmetics
- Home Care
- Chemical
- Other End Use
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