Fiberboard is a type of fiber product that is made out of wood fibers. There are many types of fiberboard such as low density, medium density and high density. Fiberboard packaging industry is growing very rapidly so that it has a great use in various packaging industries. Fiberboard possesses many types of flutes such as; A, B, C, E, F, which describes the strength of fiberboard. Fiberboard boxes are designed to be very strong. They are made of very hard paperboard, there are air column in it. The air acts as a cushion, while the paper columns make the material strong.
Market Dynamics:
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There are many opportunities in the fiberboard packaging such that, fiberboard market has great opportunities in the food services because packaging is necessary for various retailers, wholesalers and also for imports and exports. In automotive industry there is an also chances of growing fiberboard packaging. As pharmaceutical industry is also growing so fiberboard is used for packaging of various tablets, expanding growth prospects for Fiberboard Packaging market. Fiberboard possesses opportunities in packaging of consumer goods, this will help in baking and freezing of various food items. Fiberboard industry has opportunities in the packaging of medical and electronic equipment, significantly impacting the Fiberboard Packaging market. As the furniture industry is also growing every year so for packaging of various furniture, Fiberboard Packaging can be used. There are many challenges in Fiberboard Packaging such as, if packaging cost is more than the production cost then it will be huge challenge to recover its production cost. Transportation cost is also one of the major challenge for Fiberboard Packaging market due to the reason that packaging of various materials is very costly. Maintaining of strength of fiberboard is also a big challenge. Moisture also affects the Fiberboard Packaging in terms of various aspects. One of the major challenge for fiberboard packaging is that it gives protection from light and heat. There are some latest trends in the fiberboard packaging market such as, now days industrial packaging is growing very rapidly, along with Graphic retail packaging, and bulk packaging. Corrugated sheets are be made through the fiberboard so that they can be used for the packaging, which will impact the Fiberboard Packaging market in the coming years.
Market Segmentation:
Fiberboard can be segmented on the basis of fiberboard style:
- Regular Slotted fiberboard
- Half Slotted fiberboard
- Overlap Slotted fiberboard
- Full overlap Slotted fiberboard
- Center Special Slotted fiberboard
- Center Special Overlap Slotted fiberboard
- Center Special Full Overlap Slotted fiberboard
Fiberboard can be segmented on the basis of application
- Automotive industry
- Food & Beverage industry
- Pharmaceuticals industry
- Consumer Goods
- Medical & Electronic Equipment
- Furniture industry
Fiberboard can be segmented on the basis of construction
- Single wall fiberboard
- Double wall fiberboard
- Triple wall fiberboard
Fiberboard can be segmented on the basis of flutes
- A flute
- B flute
- C flute
- E flute
- F flute
On the basis of geographies, the market is segmented across 7 key regions:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Japan
- Middle East & Africa
As the fiberboard packaging market is in the very mature condition in North American countries like US, Canada and the market is leading in terms of value in North America and Western Europe. Asia Pacific region is expected to grow at a significantly high CAGR during the forecast period.
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Key Market Players:
- Kapstone
- Action Packaging
- Moore Packaging Corporation
- Empire Packaging & Displays
- Jarra Creek v. Corrugated Fiberboard Manufacturers
- Robin Resources (Malaysia) Sdn Bhd
- ESA Acoustic Wooden Panels
- Boyut plastic profil & folyo