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Worldwide Paper Packaging Industry to 2030 - Growing Government Regulations and Bans on Single Use Plastic Items are Driving Growth
Dublin, Nov. 18, 2022 (GLOBE NEWSWIRE) -- The "Paper Packaging Market, by Product Type, by Application, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
Paper-based packaging is a lightweight and cost-efficient packaging solution that provides proper protection to a wide range of products. Containerboard, paperboard, paper bags, and shipping sacks are type of paper-based packaging.
Containerboard is produced by using cardboard, paperboard is thick and paper-based packaging bag comes in various grades that possess unique properties that are ideal for packaging of cereals, cosmetic boxes, and medicine. Paper bag is produced by using Kraft paper and available in different shapes and sizes. Shipping sacks are multi-wall paper sacks and mostly used to ship bulk products.
Increasing adoption of paper recycling technologies and rising R&D activities by the government and manufacturers are expected to present lucrative opportunities to the market. The growing demand for paper packaging to provide an aesthetic look to the packaged product is also expected to augment the market growth of paper-based packaging. Rising demand for corrugated cases for shipping of material in bulk amount is further projected to augment the market growth of the paper-based packaging.
The growing government regulations and ban on the single use plastic items is driving market for the paper packaging market. For instance, according to an Indian government's Ministry of Environment, Forest and Climate Change on June 22, 2022, India will ban manufacture, import, stocking, distribution, sale and use of identified single use plastic items, which have low utility and high littering potential, all across the country from July 1, 2022. India generates 3.5 million tonnes of single use plastic per day, the ban on the single use plastic will stop the usage of single use plastic.
Paper packaging can be easily recycled and does not pose any threat to the environment. The global push for recyclability in the paper packaging market will create enormous opportunities for recycling companies globally. With the growing demand for packaging in the key end-use sectors such as food & beverages, electrical & electronics, and e-commerce industries, the demand for corrugated boxes and cartons is expected to witness significant growth in paper packaging during the forecast period.
Key features of the study:
This report provides an in-depth analysis of global paper packaging market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global paper packaging market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include DS Smith PLC, Georgia-Pacific Corporation, Holmen AB, Hood Packaging Corporation, International Paper Company, MeadWestvaco Corporation, OJI Holding Corporation, Smurfit Kappa Group Plc, Stora Enso Oyj, The Mayr-Melnhof Group, Sonoco Products Company, Pratt Industries and WestRock Company.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global paper packaging market report caters to various stakeholders in this industry including investors, suppliers, paper packaging service providers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global paper packaging market
Key Topics Covered:
1. Research Objectives and Assumptions
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Application
Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Paper Packaging Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting Global Paper Packaging Market - COVID-19
Impact Analysis
5. Global Paper Packaging Market, By Product Type, 2017-2030 (US$ Million)
Introduction
Market Share Analysis, 2022, 2025, and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Liquid Packaging Cartons
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Corrugated Cases
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Cartons & Folding Boxes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
6. Global Paper Packaging Market, By Application, 2017-2030 (US$ Million)
Introduction
Market Share Analysis, 2022, 2025, and 2030 (%)
Y-o-Y Growth Analysis, 2017 - 2030
Segment Trends
Beverages
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Fast Foods
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Fresh Foods
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Dairy & Bakery
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Frozen Foods
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Million)
7. Global Paper Packaging Market, By Region, 2017-2030 (US$ Million)
8. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
DS Smith PLC
Company Overview
Product Portfolio
Recent Developments/Updates
Georgia-Pacific Corporation
Company Overview
Product Portfolio
Recent Developments/Updates
Holmen AB
Company Overview
Product Portfolio
Recent Developments/Updates
Hood Packaging Corporation
Company Overview
Product Portfolio
Recent Developments/Updates
International Paper Company
Company Overview
Product Portfolio
Recent Developments/Updates
MeadWestvaco Corporation
Company Overview
Product Portfolio
Recent Developments/Updates
OJI Holding Corporation
Company Overview
Product Portfolio
Recent Developments/Updates
Smurfit Kappa Group Plc
Company Overview
Product Portfolio
Recent Developments/Updates
Stora Enso Oyj
Company Overview
Product Portfolio
Recent Developments/Updates
The Mayr-Melnhof Group
Company Overview
Product Portfolio
Recent Developments/Updates
Sonoco Products Company
Company Overview
Product Portfolio
Recent Developments/Updates
Pratt Industries
Company Overview
Product Portfolio
Recent Developments/Updates
WestRock Company
Company Overview
Product Portfolio
Recent Developments/Updates
9. Section
For more information about this report visit https://www.researchandmarkets.com/r/czis5p
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