Year Packaging Outlooks Show Containerboard Demand Growth to Average 1

Bans on plastic bags not expected to lead to revival in paper b ag markets, as reusable bags are quickly gaining a foothold in many markets. Competition from alternative packaging products will continue to restrain domestic boxboard demand growth for the next 15 years no more than 3% demand growth by 2024. Asia

Asian boxboard consumption ratio to favor virgin grades as the booming middle class in the region will buy more high quality packaged products. Major producers in the region will enjoy better profit margin on virgin containerboard grades. New capacity from China will also concentrate on the virgin grades. Europe

Despite 4% annual growth over the next 15 years, limited investment on the Eastern Europe cartonboard capacity base should result in net imports increasing by 60% relative to 2008 level. Construction of two new recycled containerboard mills in eastern Europe is not expected to significantly threaten the western European suppliers as the region is expected to continue to run substantial trade deficit. RISI, the leading information provider for the global forest products industry, today released its global paper packaging 15 year forecasts. Today’s reports provide key data and analysis on end use market growth, supply/demand balance, price forecasts, capacity removals, competitive costs, and trade for cartonboard, containerboard, boxboard, and kraft paper markets for Europe, North America, and Asia.

According to Ken Waghorne, VP of RISI Paper Packaging, “The downward trend in the merchandise trade deficit will allow North American containerboard demand to grow 1.4% per year on average for the next 15 years, doubling the growth rate that was recorded during the last 15 years. In addition, US kraftliner exports are expected to grow solidly from 2010 to 2024. This growth will be a result of steady Latin American demand growth, increased US competitiveness and an abundance of softwood fiber in the USA.”

Waghorne continued, “Both kraft paper and boxboard markets in North America will remain flat over the length of the forecast as they face increased competition from alternative packaging options.”

“China containerboard consumption will grow at 6.6% annually during our forecast period, reaching almost 84 million tones by the end of 2024,” said Alex He, Economist Asia Paper Packaging. He continued, “China containerboard capacity will also see continued growth, with an annual increase averaging 6.3% from 2010 2024. However, both China, and the remaining Asian markets will be relatively small net exporters of recycled containerboard during this period.”

Orifjon Abidov, Economist of RISI’s Europea n Paper Packaging Service said, “Despite their environmentally friendly image, recycled grades are expected to lose market share in the western European cartonboard market, as recycled board prices will be rising relative to virgin grades. This price escalation will be due to relentless upward pressure on real recovered paper prices.” He continued, “On the containerboard side, continued volatility in recovered paper markets is expected to create high variability in prices with testliner expected to gain market share from kraftliner during weak market conditions and the opposite effect under tighter market conditions.”

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Today’s outlooks are the “North American Paper Packaging 15 Year Forecast,” “European Paper Packaging 15 Year Forecast” and the “Asian Paper Packaging 15 Year Forecast.” The outlooks highlight the details of the shifts in paper packaging consumption and production among the North America, European, and Asian markets, and detail the factors and impacts throughout the paper industry.

RISI publishes annual 15 year outlooks, quarterly 5 year outlooks and, monthly 2 year outlooks (or monitors). The forecasts released today cover the paper packaging markets. RISI also produces 15 year outlooks on graphic paper, fiber, recovered paper, and tissue markets.

year outsourcing deal from Scandinavian Airlines

It will be provisioned through a Cloud computing model including infras tructure, applications, IT m aintenance and multiple platform developments over the duration of the engagement. TCS did not divulge the value of the deal.SAS is the Scandinavian region largest airline and is considered the most punctual airline in Europe. Analysts consider this deal to be another push into the non linear strategy pursued by TCS.TCS will be paid by SAS on accuracy, timeliness and financial gains that SAS accrues over the duration of the deal.TCS F platform, with its metrics driven delivery model, will assure SAS of accuracy, timeline ss and total control over its financial processes, said Mr Raj Agrawal, Global Head of TCS Platform Solutions.TCS has presence in the Nordic region with over 4,500 professionals working ac ross Sweden, Finland, Norway, Denmark and Iceland.