FBB vs SBS: What Will Demand Look Like in the Next 5 Years?

Cartonboard has experienced significant growth over the last couple of years. It currently makes up about 17% of the global paper and board market – the second leading grade behind containerboard. The consistent growth within this sector is due to a combined result of a number of factors such as the economy, urbanization, population, sustainability concerns, and government policies and regulations. As we can see in the image below, cartonboard capacity experienced a substantial increase in 2021 (+5% YoY) and 2022 (+3% YoY), with an even more impressive increase expected to occur in 2023 (+8% YoY).