Research and Markets: Containerboard Market in Latin America 2015-2019 – Key Vendors are Greif, International Paper, Klabin, Mondi & Smurfit Kappa
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/jxxrzw/containerboard) has announced the addition of the “Containerboard Market in Latin America 2015-2019” report to their offering.
The containerboard market in Latin America to grow at a CAGR of 3.12% over the period 2014-2019.
The report, Containerboard Market in Latin America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the containerboard market in Latin America and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Vendors are providing high-performance, lightweight containerboard to reduce cost, improve performance, and address environmental concerns. These are eco-friendly products that reduce greenhouse gas emissions. MWV Rigesa also acquired a new paper machine that uses advanced technology to produce innovative kraftliner paper. Mondi, an international packaging company, invested in the recycled containerboard machine ECO7, which produces cost-effective, lightweight liners and flutings with an annual production capacity of 470,000 tons. Mondi also introduced ProVantage, a lightweight, durable, high-fiber containerboard made from recycled fiber. At the Interpack event in 2014, Mondi showcased its kraft portfolio of high-quality containerboard grades suitable for various packaging end-users such as chemical and pharmaceutical.
According to the report, international vendors are setting up operations in Latin America due to the high demand for packaging in Central and South America. Vendors in Brazil, the major revenue contributor in the region, are increasing their operations either by expanding existing production plants or by acquiring small vendors.
Further, the report states that slow economic growth is a significant challenge hindering the growth of the market, which has caused the domestic demand for packaging products to decrease from 2014-2015.
- International Paper
- Smurfit Kappa Group
Other prominent vendors
- DS Smith
- Packaging Corporation of America
- Pratt Industries
- Sonoco Products
- Stora Enso Packaging
For more information visit http://www.researchandmarkets.com/research/jxxrzw/containerboard
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