The market for white top testliners in Spain is predicted to grow at a 2.3% CAGR between 2024 and 2034. The expansion of e-commerce platforms in Spain, such as Amazon, Elcorteingles, Shein, Carrefour, and others, is driving demand for testliner paper packaging, owing to changing consumer preferences and convenience.
NEWARK, DE / ACCESSWIRE / September 5, 2024 / The white top testliner market is expected to grow at a CAGR of2.0% from 2024 to 2034. The market is estimated to be valued at USD 35.1 billion in 2024 and reach a value of USD 42.8 billion by 2034. The demand for corrugated packaging is driving the growth of the white top testliner market. White top testliners offer a smoother and brighter surface, which enhances the appearance and printing quality of the packaging.
This has led to significant growth in the global market. Manufacturers are increasingly choosing white-top testliners due to their high recyclability and versatility in various industries such as food, beverages, electronics, and consumer durable product packaging.
The growth of the white top testliner market is expected to be driven by the Asia Pacific region, which is anticipated to account for a significant share of the market. This growth can be attributed to the increasing demand for sustainable packaging solutions, especially in China and India.
Additionally, the demand for lightweight packaging solutions is expected to drive the market's growth. This is because white top testliners are lightweight, making them an ideal choice for manufacturers looking to reduce the weight of their packaging solutions and lower transportation costs.
The increased requirement for robust, aesthetically pleasing packaging solutions drives the demand for white top testliners in eCommerce packaging. These test liners improve consumer experience and brand awareness by offering strength, stiffness, and superior graphics. Because of their adaptability, they may be customized to meet specific needs for brands and products.
Market Value of White Top Testliner Market by Country
Countries |
CAGR from 2024 to 2034 |
India |
4.10% |
China |
3.30% |
Thailand |
2.70% |
Spain |
2.30% |
Italy |
1.20% |
Regional Analysis
This section focuses on the growth rates of the world's major markets, including China, India, Thailand, Spain and Italy. Investigate the factors that influence the acceptability and growth of white top testliner sales in these countries through extensive study.
"The white top testliner market is growing due to its high recyclability and versatility in various industries, including food, beverages, electronics, and consumer durable product packaging. Manufacturers are choosing these testliners for their smoother, brighter surface, improved appearance, and enhanced brand awareness, making them a popular choice in paper packaging," Says a Lead Consultant Ismail Sutaria in Packaging at Future Market Insights (FMI).
Prominent Drivers of the White Top Testliner Market
Increasing Demand for Sustainable Packaging: As businesses and consumers prioritize eco-friendly solutions, the demand for white top testliner, a recycled paper-based product, is rising. Its sustainability aligns with the global push towards reducing carbon footprints and promoting environmentally responsible packaging.
Growth in E-Commerce: The booming e-commerce sector is driving the need for durable and attractive packaging materials. White top testliner is favored for its strength and superior printability, making it ideal for high-quality packaging that enhances brand visibility.
Rising Consumer Preference for High-Quality Packaging: Consumers are increasingly valuing packaging that is both aesthetically pleasing and sturdy. White top testliner meets these demands by providing a smooth surface for printing while maintaining the robustness required for packaging goods securely.
Expansion of the Food & Beverage Industry: The growing food and beverage industry, especially in the takeout and delivery segments, is fueling demand for reliable and visually appealing packaging solutions. White top testliner offers the necessary durability and print quality to meet industry standards.
Advancements in Printing Technology: Innovations in printing technologies are enhancing the use of white top testliner by enabling high-quality, vibrant designs. This advancement is driving its adoption in sectors where visual appeal and brand presentation are critical.
Key Takeaways from the White Top Testliner Market
Thailand's white top testliner industry is projected to experience a CAGR of 2.7% through 2034.
Italy's white top testliner market is expected to register a CAGR of 1.2% through 2034.
The white top testliner industry in Spain is anticipated to witness a CAGR of 2.3% through 2034.
The Indian white top testliner market is expected to rise at a CAGR of 4.1% through 2034.
China's white top testliner market is expected to grow at a CAGR of 3.3% through 2034.
Competitive Landscape of the White Top Testliner Market
Market players use strategic techniques, including acquisition, growth, and product innovation, to gain a competitive advantage in the global white top testliners market. Through acquisitions, businesses are anticipated to expand into new markets, add new technology, and diversify their product lines.
Simultaneously, growth initiatives, frequently through partnerships and geographic expansion, seek to improve distribution networks, boost manufacturing capacity, and break into new markets. Meanwhile, research and development expenditures are critical to creating cutting-edge white top testliner products with enhanced performance, sustainable features, and customizable alternatives.
Enterprises that want to thrive in this changing environment should stand out from the competition, make innovative investments, look into strategic alliances, embrace sustainability, and be flexible enough to adjust to changing consumer tastes and market trends.
Find Out More - Read the Complete Report for Full Insights: https://www.futuremarketinsights.com/reports/white-top-testliner-market
Key Companies in the White Top Testliner Market
Smurfit Kappa Group
PG Paper Company Ltd.
WestRock Company
Europac Ltd.
Mondi Group
Stora Enso Oyj
DS Smith Plc.
International Paper Company
Georgia-Pacific Holding LLC
APV Germany GmbH
Ecopab Inc.
Nine Dragons Paper Holdings Limited
BillerudKorsnäs AB
Svenska Cellulosa Aktiebolaget (SCA)
Oji Holdings Corporation
Recent Developments in the White Top Testliner Market
In March 2024, Hamburger Containerboard plans to increase white containerboard prices by USD 66 per ton due to rising demand and high costs, part of the Austrian Prinzhorn Group, which produces over 3 million tons of containerboard.
In September 2021, Kipas Kagit in Turkey ordered a new paper machine for recycled corrugated case material, PM 3, to be installed at its Söke mill in western Turkey, with a capacity of 650,000 tpy.
In June 2021, Nine Dragons Paper commissioned Voith to build three XcelLine paper machines for high-performance testliners and white top testliners, with a daily production volume of 2,400 metric tons each at 1,400 m/min.
In October 2020, Finnish company Valmet secured an order from Turkish paper board maker Modern Kartor Sanayii Ve Ticaret for a paper machine-grade conversion rebuild and automation at Tekirdag Mill.
Key Market Segmentation
By Material:
Virgin Fiber
Recycled Fiber
By Liner Type:
Coated
Uncoated
By Thickness:
Up to 80 GSM
80 GSM to 160 GSM
160 GSM to 200 GSM
More than 200 GSM
By End Use:
Shipping and Logistics
E-Commerce
Electronics and Home Appliance
Pharmaceutical
Personal Care and Cosmetics
Furniture
Food and Beverage
Other Consumer Goods
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa
Authored by:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail's strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor's Degree in Mathematics.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analystsworldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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SOURCE: Future Market Insights Inc.
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