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During the forecast period of 2022-2030, the size of the paper packaging market is projected to increase at a CAGR of 7.0%.
Paper packaging is an economical and environmentally friendly option for moving and storing goods in the community. Paper packaging is made from many materials such as Kraft paper, corrugated board, moulded pulp, and other types of paper. Lightweight and adaptable to the needs of the product's target market, paper-based packaging is finding increasing application. Options for recycling and trash disposal that are good for the environment are provided. Nippon Paper, one of the world's largest paper producers, has announced an increase in the use of paper-based barrier materials to keep products dry and airtight. Nippon Paper reports that consumers are increasingly looking to paper and paperboard as an alternative to cheaper plastics for packaging purposes. Currently, around 70% of the company's earnings come from paper packaging products.
This study breaks down the global Paper packaging industry into its component parts, predicting future revenue and analysing current market trends in each. The report examines the market for paper packaging, focusing on its development drivers, prospects, and obstacles. The competitive landscape has been drawn taking into account the most up-to-date market changes and tactics, including growth, product launch and development, collaboration, merger, and acquisition. Each subsegment of the Paper packaging market is broken down, and the report's authors identify and profile the leading competitors in each.
Influential Elements
During the forecast period, the market should expand as more consumers seek out environmentally friendly packaging. The increasing demand for recycled products will fuel industry growth in the next years. Growth in the market is anticipated to be spurred on by rising supportive government policies concerning packaging and by rising product efficiencies throughout the projected period.
Factors That Hold It Back
Paper use has decreased across several industries as a result of the growing digitalization of information and communication. A potential restraint on the expansion of the paper packaging business is the declining demand for printed items such as newspapers, magazines, and physical mail.
Repercussions of COVID 19
In 2020's first half, market growth was stunted by the COVID-19 pandemic. However, after restrictions were lifted, commercial activity resumed, leading to stronger market expansion.
Paperboard, containerboard, and corrugated board are each subsets of the paper packaging market due to their respective uses. During the anticipated time period, the biggest market share will be held by corrugated boards. Corrugated boxes are widely used for packaging due to their biodegradability, nontoxicity, low weight, and high strength. Producers in Japan are under pressure to lower prices and increase processing capacity due to reports of a 95% collection rate for corrugated boxes and a 90% recycling rate at corrugated cardboard facilities. The increased adaptability of corrugated boxes, which may be used both as exterior materials and as the interiors of complex projects, is also contributing to rising demand in the region.
Several elements, including food and beverage, personal care, home care, healthcare, and retail, are used to categorise the collagen supplement market in Japan. During the estimated period, the food and beverage sector dominated the market, which may be explained by the growing demand for edibles in Japan. The rising preference for processed and packaged goods has also increased the demand for paper packaging. In addition, there has been a rise in the demand for fast food and frozen items, both of which require appropriate packaging, which has boosted the preference for paper packaging. The food is packaged in paper, eliminating the negative impacts of plastic packaging, and the convenience of paper disposal is a crucial factor fueling the expansion of this sector. Raw material availability, consumer education on eco-friendly packaging, and concern about deforestation are all contributing issues. Some local restaurants, for instance, have come to see the flaws in plastic containers and are making preparations to switch to paper.
Report Coverage
Global Paper Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Paper Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Paper Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Paper Packaging market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Paper Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Paper Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
International Paper Company (US), Mondi Group (UK), Smurfit Kappa Group (Ireland), DS Smith PLC (UK), WestRock Company (US), Packaging Corporation of America (US), Cascades Inc. (Canada), and Nippon Paper Industries Ltd. (Japan), Graphic Packaging, Rengo, Sappi, LimitedTetra Laval.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Paper Packaging market based on the below-mentioned segments:
Global Paper Packaging Market, By Product
Paperboard
Container Board
Corrugated Board
Global Paper Packaging market, By Industry Vertical
Food and Beverage
Personal Care
Home Care
Healthcare
Retail
Global Paper Packaging market, Regional Analysis
Paper packaging is an economical and environmentally friendly option for moving and storing goods in the community. Paper packaging is made from many materials such as Kraft paper, corrugated board, moulded pulp, and other types of paper. Lightweight and adaptable to the needs of the product's target market, paper-based packaging is finding increasing application. Options for recycling and trash disposal that are good for the environment are provided. Nippon Paper, one of the world's largest paper producers, has announced an increase in the use of paper-based barrier materials to keep products dry and airtight. Nippon Paper reports that consumers are increasingly looking to paper and paperboard as an alternative to cheaper plastics for packaging purposes. Currently, around 70% of the company's earnings come from paper packaging products.
This study breaks down the global Paper packaging industry into its component parts, predicting future revenue and analysing current market trends in each. The report examines the market for paper packaging, focusing on its development drivers, prospects, and obstacles. The competitive landscape has been drawn taking into account the most up-to-date market changes and tactics, including growth, product launch and development, collaboration, merger, and acquisition. Each subsegment of the Paper packaging market is broken down, and the report's authors identify and profile the leading competitors in each.
Influential Elements
During the forecast period, the market should expand as more consumers seek out environmentally friendly packaging. The increasing demand for recycled products will fuel industry growth in the next years. Growth in the market is anticipated to be spurred on by rising supportive government policies concerning packaging and by rising product efficiencies throughout the projected period.
Factors That Hold It Back
Paper use has decreased across several industries as a result of the growing digitalization of information and communication. A potential restraint on the expansion of the paper packaging business is the declining demand for printed items such as newspapers, magazines, and physical mail.
Repercussions of COVID 19
In 2020's first half, market growth was stunted by the COVID-19 pandemic. However, after restrictions were lifted, commercial activity resumed, leading to stronger market expansion.
Paperboard, containerboard, and corrugated board are each subsets of the paper packaging market due to their respective uses. During the anticipated time period, the biggest market share will be held by corrugated boards. Corrugated boxes are widely used for packaging due to their biodegradability, nontoxicity, low weight, and high strength. Producers in Japan are under pressure to lower prices and increase processing capacity due to reports of a 95% collection rate for corrugated boxes and a 90% recycling rate at corrugated cardboard facilities. The increased adaptability of corrugated boxes, which may be used both as exterior materials and as the interiors of complex projects, is also contributing to rising demand in the region.
Several elements, including food and beverage, personal care, home care, healthcare, and retail, are used to categorise the collagen supplement market in Japan. During the estimated period, the food and beverage sector dominated the market, which may be explained by the growing demand for edibles in Japan. The rising preference for processed and packaged goods has also increased the demand for paper packaging. In addition, there has been a rise in the demand for fast food and frozen items, both of which require appropriate packaging, which has boosted the preference for paper packaging. The food is packaged in paper, eliminating the negative impacts of plastic packaging, and the convenience of paper disposal is a crucial factor fueling the expansion of this sector. Raw material availability, consumer education on eco-friendly packaging, and concern about deforestation are all contributing issues. Some local restaurants, for instance, have come to see the flaws in plastic containers and are making preparations to switch to paper.
Report Coverage
Global Paper Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Paper Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Paper Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Paper Packaging market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | International Paper Company (US), Mondi Group (UK), Smurfit Kappa Group (Ireland), DS Smith PLC (UK), WestRock Company (US), Packaging Corporation of America (US), Cascades Inc. (Canada), and Nippon Paper Industries Ltd. (Japan), Graphic Packaging, Rengo, Sappi, LimitedTetra Laval. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Paper Packaging Market from 2021 to 2030.
- Market Forecast for Paper Packaging Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Paper Packaging competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Paper Packaging
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Paper Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Paper Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
International Paper Company (US), Mondi Group (UK), Smurfit Kappa Group (Ireland), DS Smith PLC (UK), WestRock Company (US), Packaging Corporation of America (US), Cascades Inc. (Canada), and Nippon Paper Industries Ltd. (Japan), Graphic Packaging, Rengo, Sappi, LimitedTetra Laval.
Primary Target Market
- Market Players of Paper Packaging
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Paper Packaging market based on the below-mentioned segments:
Global Paper Packaging Market, By Product
Paperboard
Container Board
Corrugated Board
Global Paper Packaging market, By Industry Vertical
Food and Beverage
Personal Care
Home Care
Healthcare
Retail
Global Paper Packaging market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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