Board Converting News, October 7, 2024

Paper And Paperboard Packaging Market To Reach $351B by 2034 The global Paper and Paperboard Packaging Market is witnessing robust growth, driven by the increasing de- mand for sustainable and eco-friendly packaging solu- tions, according to Newark, Delaware based Future Mar- ket Insights. With growing awareness of environmental concerns, consumers and industries alike are shifting from plastic-based packaging to paper and paperboard alterna- tives. The market is anticipated to grow from USD 223.9 billion in 2024 to USD 351 billion by 2034, reflecting a steady CAGR of 4.6 percent.

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SAUER SYSTEM www.sauersystem.com

Sauer provides intelligent solutions for scoring, slitting, slit-scoring, and perforating on corrugators and floor slitters; and glue tab cutting, creasing, slotting, trimming and scrap chopping on presses. New, featured offerings include FRX Adjustable Folding Rail System and G3 Scoring System: the latest proven creasing technology on the market.

STAFFORD GROUP www.go2stafford.com

Interactive website for Stafford Corrugated Products and Stafford Cutting Dies. Featuring online ordering of replace- ment parts. Also, visitors can automatically calculate sheet size for most die-cut standards.

SUN AUTOMATION GROUP ® www.sunautomation.com

SUN Automation Group is the global leader in providing innovative solutions to the corrugated industry. SUN engi- neers and builds the SUN625 Rotary Die Cutter, provides sales, service and support in North and Central America for Latitude Machinery Corporation, manufacturer of Mini to Jumbo FFG and RDCs. Additionally, SUN is the North Amer- ican, UK and Ireland sales and service provider for Para Machinery’s line of equipment, and is the North American sales provider for Highcon. SUN also powers the corrugat- ed industry’s premier IIoT platform, Helios, and is the OEM source for Langston/Staley equipment parts and service. THACKER INDUSTRIAL SERVICE COMPANY www.thackerindustrial.com Specializing in corrugated machinery, T.I.S.CO. offers quali- ty-made products, support services, and more. T.I.S.CO. has a reputation of dependability, not only in the product, but in service and support. With more than 25 years’ experience, T.I.S.CO. installs equipment and machinery, moves or sets up entire plants, rewires and rebuilds - all over the world. VT GROUP www.vtgrouponline.com VT offers prepress services for the POP display and corru- gated shipping container industry including graphic design, optimized digitally imaged printing plates and innovative pre-mounting solutions. Our large-format digital printing fa- cility (Digital Impact) is a leading short-run manufacturer of distinctive POP displays and signage where litho-like graph-

The packaging industry is becoming more diversified with advancements in design, functionality, and material usage. The food and beverage, healthcare, and person- al care sectors are primary contributors to the surge in demand for paper and paperboard packaging. The re- cyclability and biodegradability of these materials make them an ideal solution for businesses looking to reduce their environmental footprint. Regionally, North America and Europe are leading in market share, but emerging markets in Asia-Pacific, driv- en by rapid industrialization and increased consumption of packaged goods, are expected to witness the highest growth rates. E-commerce and online retail are also fuel- ing this expansion as the demand for sustainable packag- ing solutions escalates globally. Government regulations promoting the use of eco-friendly packaging and banning single-use plastics are further propelling the growth of the paper and paper- board packaging market. This regulatory environment is encouraging innovations within the industry, including improved barrier properties and enhanced printing tech- niques that elevate the market’s appeal to various sectors. The Paper and Paperboard Packaging Market is heavily influenced by global environmental movements and gov- ernment legislation focusing on reducing plastic waste. This has created significant opportunities for companies to innovate in packaging design and materials. The in- creased consumption of packaged foods, beverages, and pharmaceuticals is a primary driver of market demand.

ics are preferred. WPR SERVICES www.wprservices.net

WPR Services was established in 2016. What originally start- ed as a technical services company expanded its product offerings to include a machine center learning platform POWtalk™. Our analysis of video, audio, machine metrics, employee ergometrics, and person to person conversation provides a way to identify safety and process inefficiencies.

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October 7, 2024

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