According to a new market research report published by Global Insight Services “ Paper and Paperboard Packaging Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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.
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Top Key Players in Paper and Paperboard Packaging market: International Paper, Amcor plc, WestRock Company, Mondi Group, DS Smith, Packaging Corporation of America
Key Trends
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.
Key Drivers
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.
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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.
Reasons to buy Paper and Paperboard Packaging Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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