Dublin, Feb. 20, 2023 (GLOBE NEWSWIRE) — The “Paper Packaging: International Market Outlook” report has been added to ResearchAndMarkets.com’s providing.
The worldwide paper packaging market is projected to achieve a price of $463.3 billion by 2027 from $360.6 billion in 2022, rising at a CAGR of 5.1%
The report analyzes the trade construction, market dynamics, and provide chain evaluation of the paper packaging trade. Clear packaging is taken into account a separate section, and clear baggage and wrapping paper are excluded from “baggage and sacks” and “wrapping paper” segments respectively and coated below clear packaging.
Paper packaging is a cost-efficient and versatile approach to protect, defend, and transport a broad vary of merchandise, together with meals and beverage, prescribed drugs, client items, and so forth. Paper packaging may be custom-made to fulfill product or customer-specific wants. Paper packaging affords numerous advantages, equivalent to mild weight, recyclability, and biodegradability.
Packaging merchandise are vital so as to add worth to the merchandise from each sector. The rising client consciousness and shifting client choice for sustainable packaging, together with the stringent rules imposed by a number of environmental safety authorities on plastic use, are the foremost elements anticipated to drive the paper packaging market.
Regulatory and client considerations concerning the growing packaging waste coupled with fast-moving client items (FMCG) producers, suppliers, and retailers are majorly specializing in bettering the sustainability of the packaging merchandise and are anticipated to boost the market development.
Moreover, the speedy growth of delivery-on-demand companies and on-line buying has boosted the utilization of paper-based packaging. Paper packaging supplies are produced from renewable sources, that are replanted to make sure a steady and sustainable provide.
The paper packaging market noticed vital challenges throughout the COVID-19 pandemic as corporations moved away from China to supply uncooked supplies and reconsidered simply out there materials choices utilized in packaging.
On this report, the worldwide market paper packaging has been segmented primarily based on product, end-user, and geography. Based mostly on product, the paper packaging market has been categorized into corrugated packaging, cartons and folding containers, wrapping paper, baggage and sacks, clear packaging, and others.
Based mostly on end-user, the paper packaging market has been segmented into meals & drinks, healthcare, private care & cosmetics, client items, electrical & electronics, and others. The meals and beverage trade is the foremost end-user of paper packaging. As paper packaging is handy to be used and environment-friendly, there’s appreciable demand for paper packaging within the meals and beverage market. Numerous varieties of packaging merchandise equivalent to wrapping paper, baggage, pouches, cups, trays, cartons, and containers are used to meet a variety of packaging wants.
The report estimates the worldwide marketplace for paper packaging in 2021 and supplies projections for the anticipated market measurement via 2027. Utilizing 2021 as the bottom 12 months, the report supplies estimated market information for the forecast interval, 2022-2027. Income forecasts for this era are segmented primarily based on product, end-user, and geography. Market values have been estimated primarily based on the whole income of paper packaging answer suppliers.
Report Consists of
- An up-to-date overview and evaluation of the worldwide markets for paper packaging merchandise
- Analyses of the worldwide market tendencies, with market income information for 2021, estimates for 2022 and 2023, and projections of compound annual development charges (CAGRs) via 2027
- Highlights of market alternatives for this innovation-driven paper packaging market, and the foremost areas and international locations concerned in market developments
- Evaluate of the important thing development driving elements and constraints that can form the marketplace for paper packaging merchandise as the idea for projecting demand over the following few years (2022-2027)
- Estimation of the particular market measurement and income forecast for paper packaging market in worth and volumetric phrases, and their corresponding market share evaluation by product, finish person, and area
- Protection of a very powerful technological, financial, and environmental issues within the paper packaging trade, with analyses and development forecasts via 2027
- Identification of the foremost stakeholders and evaluation of the aggressive panorama primarily based on latest developments and segmental revenues
- Profile descriptions of the main world gamers
|Forecast Interval||2022 – 2027|
|Estimated Market Worth (USD) in 2022||$360.6 Billion|
|Forecasted Market Worth (USD) by 2027||$463.3 Billion|
|Compound Annual Development Price||5.1%|
Key Subjects Coated:
Chapter 1 Market Outlook
1.1 Market Snapshot
Chapter 2 Government Abstract
Chapter 3 Market Overview
3.1 Market Dynamics
3.1.1 Market Drivers
3.1.2 Market Challenges
3.2 Worth Chain Evaluation
3.3 Covid-19 Impression on the Paper Packaging Market
3.3.1 Meals and Beverage
3.4 Porter’s 5 Forces Evaluation of the Paper Packaging Market
Chapter 4 Market Breakdown by Product and Finish-Consumer
4.1 Paper Packaging Market, by Product
4.1.1 Market Dimension and Forecast
4.2 Paper Packaging Market, by Finish-Consumer
4.2.1 Market Dimension and Forecast
Chapter 5 Market Breakdown by Area
5.1 International Paper Packaging Market Dimension, by Area
5.2 North America
5.5 Latin America
5.6 Center East and Africa
Chapter 6 Aggressive Panorama
6.1 Market Competitiveness
6.2 Market Participant Positioning
6.3 Latest Key Developments
Chapter 7 Firm Profiles
- Ds Smith
- Worldwide Paper Co.
- Mondi Group plc
- Nippon Paper Industries Co. Ltd.
- Oji Holdings Corp.
- Seaman Paper Co.
- Smurfit Kappa
- Tetra Pak Worldwide S.A.
For extra details about this report go to https://www.researchandmarkets.com/r/dj403w-packaging?w=12
ResearchAndMarkets.com is the world’s main supply for worldwide market analysis stories and market information. We give you the newest information on worldwide and regional markets, key industries, the highest corporations, new merchandise and the newest tendencies.
- International Paper Packaging Market