Categories: Packaging

Global Paper And Paper Board Packaging Market Outlook 2024 | PMR

Global Paper And Paper Board Packaging Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast 2016-2024

Paper And Paper Board Packaging Market | Planet Market Reports

Global Paper and Paper Board Packaging Market

Market Overview

Paper and paperboard packaging is an emerging trend of packaging which is gaining consumer’s attraction due to its effective solutions in food and beverages, healthcare, manufacturing, personal care, and other industries. Changing the lifestyle of people is playing a major role in the increasing demand for innovative and convenient packaging feature. However, rising digitalization is reducing the demand for printing, coated and uncoated papers. This is one of the key factors which may hinder the growth of paper and paperboard packaging industry in the near future.

The growing demand for lightweight packaging materials, eco-friendly boxes and implementation of new innovative technology in paper and paperboard packaging industry is likely to bolster the growth of paper and paperboard packaging market. For instance, in 2014, a high-performance, lightweight eco-friendly packaging is launched by MWV Rigesa which provides effective tamper-resistance and reduces greenhouse gas emission by 10%. Moreover, development of Information and Communications Technology ICT and e-business into paper and paperboard packaging industry is gaining competitive advantage and the key strategy to implement the internet business technologies in US paper industry is to attract new customers. Immediate response to customers and fulfill the changing customer needs are the strategic drivers of this new technology. These innovations are expected to transform the paper industry and bring new business prospects for paper and paperboard packaging market in the near future.

Market Segmentation

The global paper and paper board packaging market is categorized on the following basis:

Based on Product Type

Flexible Paper Packaging
Corrugated Box
Boxboard

Based on Grade

Folding Box Board FBB
White Line Chipboard WLC
Solid Bleached Sulfate SBS
Coated Unbleached Kraft Paperboard CUK
Label paper
Others Glassine & Greaseproof Paper, Parchment paper, Filter paper

Based on End-User

Food & Beverages
Healthcare
Personal & Homecare
Manufacturing
Others Construction, Education & Stationary

Get a FREE Request Sample copy of this report now! https://www.planetmarketreports.com/report-sample/global-paper-and-paper-board-packaging-market-8754

Based on Geography

North America U.S. & Canada {Market Size USD Billion, Growth Analysis %, and Opportunity Analysis}
Latin America Brazil, Mexico & Rest of Latin America {Market Size USD Billion, Growth Analysis %, and Opportunity Analysis}
Europe The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE {Market Size USD Billion, Growth Analysis %, and Opportunity Analysis}
Asia-Pacific China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia {Market Size USD Billion, Growth Analysis %, and Opportunity Analysis}
Middle East & Africa GCC, South Africa, North Africa, RoMEA {Market Size USD Billion, Growth Analysis % and Opportunity Analysis}
Rest of World {Market Size USD Billion, Growth Analysis %, and Opportunity Analysis}

MARKET SIZE AND FORECAST 2016-2024

In 2015, over 400 million tons of paper and paperboard were produced throughout the world and is expected to increase in the near future. In the same year, China accounts for 26% of market share in global paper and paperboard production. The global paper and paperboard packaging market are projected to reach USD 321.4 billion in 2024, growing at a CAGR of 4.82% over the forecast period.

Based on geography, Asia-Pacific is the dominating region for paper and paperboard packaging market in 2016, owing to the largest contribution of paper and paperboard production by China, South Korea and Japan. Asia-Pacific region is expected to hold a 34% revenue share of global paper and paper packaging market in 2024. Furthermore, Latin America is expected to occupy 6% revenue share of global paper and paper packaging market by the end of 2024, due to huge paper production from Brazil and Chile. Brazil produces over 10 million tons of paper every year.

Europe and North America are also projected to register robust growth for paper and paper packaging market during the forecast period. Large production of pulp paper production from countries such as Germany, Sweden, Italy and Finland are expected to contribute to the growth of Europe paper and paper packaging market. Germany is estimated to hold the largest share of Europe paper and paperboard packaging market, owing to the increasing demand for packaging in the manufacturing industry. Moreover, increase paper production from Canada and US and availability of advance paper and paper package recycling infrastructure is expected to expand the paper and paper packaging market in North America region.

Market Drivers and Challenges

Rising consumer awareness about non-biodegradable materials and its effect on the environment, adoption of eco-friendly material has rapidly increased in the past few years. This is the major factor which is driving the growth of global paper and paperboard packaging market. The growing popularity of sustainable packaging and recyclable feature of paper and paperboard packaging are some key factors which are boosting the demand for paper and paperboard packaging. Furthermore, rising disposable income in emerging economies and growing dependency on convenient food and beverages are fuelling the demand for paper and paperboard packaging.

The rising competitive environment is leading to the growth of small and medium-scale manufacturers of paper and paperboard packaging. This is likely to affect the production and profit of paper and paperboard packaging and is the major restraining factor for the growth of global paper and paperboard packaging market.

KEY MARKET PLAYERS

Amcor Ltd.

Synopsis
Business Strategy
Product Portfolio
SWOT Analysis

International Paper Company
Evergreen Packaging Inc.
ITC Ltd.
Smurfit Kappa
DS Smith
Kapstone
Clearwater Paper Corporation
Packaging Corporation of America
Cascades Inc.

Scope Background

Market Synopsis
Market Segmentation

Get Full Reports Access – https://www.planetmarketreports.com/reports/global-paper-and-paper-board-packaging-market-8754

Global paper and paper board packaging market is segmented as follows:

By Product Types Market Size, Demand Analysis and Growth Analysis

By Grade Types Market Size, Demand Analysis and Growth Analysis
By End-User Types Market Size, Demand Analysis and Growth Analysis

By Regions

North America U.S., Canada {Market Size, Growth Analysis and Opportunity Analysis}

Latin America Argentina, Mexico, Brazil and Rest of Latin America {Market Size, Growth Analysis and Opportunity Analysis}
Europe Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe {Market Size, Growth Analysis and Opportunity Analysis}
Asia-Pacific China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific {Market Size, Growth Analysis and Opportunity Analysis}
Middle East and North Africa MENA {Market Size, Growth Analysis and Opportunity Analysis}
Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities