Paper Packaging Market


Nehas1205

Uploaded on Jan 11, 2022

Category Business

Paper-based packaging is a lightweight and cost-efficient packaging solution that provides proper protection to a wide range of products.

Category Business

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Paper Packaging Market

Paper Packaging Market Advantages of Smart packaging in Comparison to Traditional packaging are Driving Growth 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. The global paper packaging market is projected to surpass US$ 485.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 4.4% during the forecast period(2020 to 2027). Market Dynamics The global paper packaging market has witnessed significant growth in recent past years, owing to the rising demand for paper-based packaging for cosmetic products owing to rise environmental concerns among consumers Furthermore, growing investments for research & development in production paper packaging solutions have led to the introduction of products with enhanced better durability. This scenario is expected to provide lucrative growth to the global paper packaging market over the forecast period. Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market- insight/paper-packaging-market-484 Major players : Key players are operating in the global paper packaging market are 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, and The Mayr-Melnhof Group Detailed Segmentation: •Global Paper packaging Market, By Product Type: •Liquid packaging cartons •Corrugated cases •Carton & folding boxes •Others •Global Paper packaging Market, By Application: •Beverages •Fast foods •Fresh foods •Dairy & bakery •Frozen foods •Others Market Opportunities 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. About Us: Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Contact: Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Email: [email protected] United States of America: +1-206-701-6702 United Kingdom: +44-020-8133-4027 Japan: +050-5539-1737 India: +91-848-285-0837