Global Paper and Paperboard Packaging Market – Overview
Paper & paperboards have been an intrinsic part of the packaging market and as a result of this the industry has observed incremental levels of demand over the years. Market focused reports connected to the information & communication technology sector among others lately have been made available by Market Research Future which publishes a report on this sector. The industry is projected to demonstrate a 6 % CAGR through the forecast period
Increased shopping preferences of consumers are changing the products that are being demanded to be nearer to the place they are located in and in lesser volumes which is indirectly causing expansion of the paper & paperboard packaging industry. Rising awareness of the negative effects of plastic packaging are motivating consumers to prefer products in paper or paperboard packaging increasingly. The sector is expected to witness tremendous growth over the forecast period due to increasing investments by market players and new innovations that are being developed for the market.
The major competitors of paper & paperboard packaging market comprise of Mondi Group, Clearwater Paper Corporation, DS Smith Plc., Packaging Corporation of America, RockTenn Company, International Paper Company, Nippon Paper Industries Co. Ltd., Metsa Group, Smurfit Kappa Group Plc. and Cascades Inc.
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Apr 2018 A division of Tulip called Dalehead Foods have recently launched paper board packaging in the UK fresh protein industry for the first time. The packs are available in three innovative ready-to-eat turkey meats in Waitrose stores around UK. The new format which took three years to develop as a part of Tulip’s packaging strategy works towards creating solutions to deliver consumer convenience, freshness as well as tackling food waste and incorporating recyclable materials.
- Paper & paperboard products manufactures
- Distributors & Suppliers
- Research Institute / Education Institute
- Potential Investors
The market for paperboard & paper packaging is segmented into grade, type, application and regions.On the basis of type the segment comprises of paper & paperboard packaging, boxboard, and paper bags.The segmentation on the basis of grade includes solid bleached sulfate, folding boxboard, coated unbleached kraft board, white line chipboard and others. The application segment of the market comprises of personal care, electronics, food & beverages, healthcare, and others. The segmentation on the basis of regions includes Europe, North America, APAC and Rest of the World.
Detailed Regional Analysis
The regional analysis of the paper and paperboard packaging market includes regions such as Asia Pacific, North America, Europe and rest of the world. The Asia-Pacific region rules the market for the paperboard & Paper packaging, region. Countries like China, India and Japan are marked with rising disposable income and change in preferences & lifestyle. This has also contributed to a surge in consumption of ready to eat meals and packaged foods growing the demand for such packaging. Significant development in electronics industry has had a positive impact on the market. This region is estimated to grow at a good pace during the forecast period.The Asia Pacific region which includes nations like China where the healthcare and the food and beverage industries are the fastest growing industries that comprehensively involve the use of corrugated packages. The paperboard & paper packaging market in the region is similarly growing with the development of the sector for processed food and the growing demand for paperboard & paper packaging by the machinery and electrical equipment manufacturers and suppliers. Japan is one of the chief manufacturers of paper & paperboard packaging. Japan is the highest per capita consumer of Boxes materials in the world. The rapidly evolving retail trends in the region are leading to increased innovations in the Boxes industry. India is among one of the major manufacturers of paper & paperboard packaging and boxes in the Asia Pacific region. The rising urbanization levels in the region and the growing disposable income level of the population in the nation are boosting the use of non-durable consumer goods, which is in turn leading to the growth of the paperboard & paper packaging market.
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Global Competitive Analysis
Challengers in the market who are constantly delivering customer value have devised their corporate strategy blueprint in a manner that can bring about the best outcomes for development in the current scenario, while also concurrently enhancing their product’s value. This state of events has shaped the opportunities for improvements in portfolio along with diversification in the sector, which has enhanced the scenario for market competitors immensely in this industry. The capability to fuel their competitive edge is one of the chief causes powering their efforts in this period. The opportunity for development in the industry appears to be encouraging through the forecast period. The escalating interest for diversification in the industry, has indirectly allowed the companies to utilize many scenarios available in the industry. The firms in this industry are also trying to improve and preserve financial liquidity that can be vital to invest in growth prospects as and when they arise.
The report for Global Paper & Paperboard Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
- Product matrix which gives a detailed comparison of the market for different recycled product types
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
- Geographical analysis across 15 countries
- Profiling of 10 key market players
- In-depth analysis including SWOT analysis, and strategy information of related to report title
- Competitive landscape including emerging trends adopted by major companies
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