During the initial half of 2023, the worldwide coated duplex paperboard market witnessed a notable price drop, primarily driven by multiple factors. The consistent reduction in raw material expenses resulted in an excess of inventory, compelling traders to provide products at lower prices.

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In April, the North American market witnessed a sharp 26% drop in the demand for coated duplex paperboard. Consequently, imports from international producers saw a decline, which cast a shadow on market sentiment. To stay competitive, many North American companies were compelled to slash prices, resulting in double-digit profit declines. Moreover, the global economic landscape faced its own set of challenges, including inflation, economic uncertainty, and increasing interest rates. These factors collectively eroded consumer purchasing power, ultimately contributing to the overall price decrease of coated duplex paperboard in 2023.

Definition

Coated duplex paperboard possesses unique properties that render it highly versatile for a multitude of applications. Its robust and rigid composition, coupled with a smooth and printable surface, facilitates the creation of high-quality graphics and text. The added coating on one or both sides not only enhances its printability but also augments its strength and durability. Typically employed in packaging, printing, and promotional materials, coated duplex paperboard excels in maintaining its structural integrity while delivering exceptional print quality and visual appeal. This makes it an ideal choice for a broad spectrum of industrial and commercial applications.

Key Details About the Coated Duplex Paperboard 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 Duplex Paperboard 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 Duplex Paperboard Price forecast, including India Coated Duplex Paperboard price, USA Coated Duplex Paperboard 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 Duplex Paperboard Price Trend:

Coated duplex paperboard is a versatile material widely employed across various industries. In packaging, it’s used to craft folding cartons, boxes, and packaging for consumer goods, cosmetics, pharmaceuticals, and electronics. Its smooth surface and excellent printability make it ideal for high-quality printed materials such as brochures, catalogs, posters, and marketing collateral. In the stationery sector, it finds use in notebooks, folders, and binders. Furthermore, coated duplex paperboard plays a crucial role in greeting cards and high-end product packaging due to its durability and ink-holding capabilities. It’s also a preferred choice for labels on bottles, cans, and various consumer goods. Additionally, its structural integrity and print quality make it a valuable resource in educational materials, promotional displays, and game boards.

Key Players:

  • Siam Kraft Industry Co Ltd
  • Knam Marketing Pvt Ltd
  • Zeeshan International Agencies Pvt Ltd
  • SCG Packaging
  • BJ Bhandari Papers Pvt Ltd

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