Market Definition
Paper is a material that is produced by pressing together moist fibers of cellulose pulp derived from wood, rags, grasses, or other vegetable sources, and draining them of water. Paperboard is a paper-based material used for packaging or printing. It is made by compressing paper pulp and then drying it under pressure. Paperboard is thicker and more durable than paper, and is used for packaging products such as cereal boxes, shoe boxes, and folding cartons.
Market Outlook
The key trends in paper and paperboard packaging technology are towards lighter weight materials, improved barrier properties, and greater sustainability.
Lighter weight materials are being developed to reduce the overall weight of paper and paperboard packaging. This can be achieved through the use of thinner materials, or through the use of materials with a lower density.
Improved barrier properties are being developed to protect the contents of paper and paperboard packaging from moisture, oxygen, and other environmental factors. Barrier coatings, such as those made from polyethylene or aluminum oxide, can be applied to paper and paperboard to improve its resistance to moisture and oxygen.
Greater sustainability is being sought in paper and paperboard packaging through the use of recycled materials, or through the use of biodegradable materials. Recycled paper and paperboard can be used to create new packaging materials, or it can be used as a filler in other paper and paperboard products. Biodegradable materials, such as those made from plant fibers, can be used to create paper and paperboard packaging that will decompose in the environment.
The key drivers of the Paper & Paperboard Packaging market are expected to be the growing demand for packaging from the food and beverage industry, the increasing use of paper and paperboard packaging in the healthcare industry, and the growing trend of e-commerce.
The food and beverage industry is expected to be a major driver of the Paper & Paperboard Packaging market. The increasing demand for packaged food, the growing demand for convenience foods, and the increasing demand for takeaway foods are expected to drive the demand for paper and paperboard packaging.
The healthcare industry is expected to be another major driver of the Paper & Paperboard Packaging market. The increasing use of paper and paperboard packaging for pharmaceuticals, medical devices, and other healthcare products is expected to drive the demand for paper and paperboard packaging.
The e-commerce industry is expected to be another major driver of the Paper & Paperboard Packaging market. The increasing trend of online shopping and the growing demand for home delivery of products are expected to drive the demand for paper and paperboard packaging.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segments:
The Paper & Paperboard Packaging Market is segmented into grade, type, application and region. By grade the market is divided into SBS, CUK, FBB, WLC, glassine and greaseproof paper. Based on type it is segmented into corrugated box, boxboard and flexible paper. On the basis of application it is bifurcated into food, beverage, healthcare, personal and homecare. Region wise the market is divided into North America, Europe, Asia-Pacific and Rest of the World.
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Key Market Players:
The Paper & Paperboard Packaging Market includes players such as International Paper, Amcor plc, WestRock Company, Mondi Group, DS Smith, Packaging Corporation of America, Clearwater Paper Corporation, Nippon Paper Industries Co. Ltd, Sappi Limited and Smurfit Kappa Group plc.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
- Market Size in 2021 – US$ XXX Billion
- Market Size in 2031 – US$ XXX Billion
- CAGR % – XXX
- Historic Period – 2015-2022
- Forecast Period – 2021-2031
- Base Year – 2021
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