In the first and second quarters of 2023, the coated virgin paperboard (230 GSM) market was significantly influenced by the performance of the paper and pulp industries. German manufacturers dealing with this product faced stagnant new orders, leading to increased inventory levels and a negative impact on prices.
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During the Easter season, some manufacturers in Germany temporarily halted production to balance demand and supply. In North America, the decline in coated virgin paperboard prices was more gradual due to challenging market conditions, high inflation rates, shifting consumer preferences, and soaring interest rates aimed at stabilizing the region’s economy. These factors collectively contributed to the price trend in this industry during the first half of 2023.
Definition
Coated virgin paperboard with a grammage of 230 GSM is characterized by its qualities that make it suitable for various applications. It offers a combination of strength and rigidity, making it ideal for packaging and printing needs. The coating on one or both sides enhances its printability, providing a smooth and receptive surface for high-quality graphics and text. Its durability ensures structural integrity, and it can hold ink well, making it suitable for vibrant and sharp printing. These properties make it a versatile choice for applications requiring both visual appeal and robust performance, such as packaging, promotional materials, and printed collateral.
Key Details About the Coated Virgin Paperboard (230 GSM) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Coated Virgin Paperboard (230 GSM) in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Coated Virgin Paperboard (230 GSM) Price Trends, including India Coated Virgin Paperboard (230 GSM) price, USA Coated Virgin Paperboard (230 GSM) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Coated Virgin Paperboard (230 GSM) Price Trend:
Coated virgin paperboard with a grammage of 230 GSM finds a diverse range of industrial applications. In packaging, it is used to create folding cartons, boxes, and packaging materials for various consumer products, cosmetics, pharmaceuticals, and electronics. Its smooth surface and printability make it ideal for high-quality printed materials like brochures, catalogs, posters, and marketing collateral. In stationery, it’s employed for notebooks, folders, and binders. Coated virgin paperboard is also vital for greeting cards and luxury packaging for premium products. Its durability and ability to hold ink make it suitable for labels on bottles, cans, and consumer goods. Additionally, it serves well in promotional displays, educational materials, and game boards due to its structural integrity and print quality.
Key Players:
- Caraustar
- Westrock
- Pacific paper
- Spartan Paperboard
- Paperworks
- Smurfit Kappa
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