The global duplex paper and board market size accounted for USD 6,000 million in 2024 and is expected to exceed around USD 7,910 million by 2034, growing at a CAGR of 2.8% from 2024 to 2034.
The duplex paper and board market refers to the production, distribution, and use of this type of paperboard, which is stock-produced and consists of two layers. It generally has a glossy-coated surface, making it a water-resistant surface. These boards are used in food packaging, greeting cards, cartons for pharmaceuticals, packaging for garments, and matchboxes. With its favorable properties, duplex paperboard is highly used in the printing and packaging industry. There is a high demand for these paper and boards in sectors like cosmetics, pharmaceuticals, beverages, foods, and other consumer goods, which is driving the growth of the duplex paper and board market.
However, the risk factors of the market include changing prices of raw materials, growing environmental concerns, high competition, and supply chain disruptions that can hinder the growth of the market. The future scope of the market includes expansion, investment in innovative manufacturing technologies, advancement in technologies, increasing investment in research and development, and reducing costs of production that will help the growth of the duplex paper and board market.
Published by Vidyesh Swar
