Global Paper Packaging Materials Market Size, Trends And Growth Opportunity, By Product Type (Cartons, Folding Boxes, Corrugated Cases, and Liquid Packaging Cartons), By Application (Fast Food, Beverages, Frozen Food, Dairy, and Bakery Products), By Region and Forecast Till 2027.
Report ID : IR100841 | Industries : Chemicals & Materials | Published On :March 2024 | Page Count : 38
Global Paper Packaging Materials Market Size, Trends And Growth Opportunity, By Product Type (Cartons, Folding Boxes, Corrugated Cases, and Liquid Packaging Cartons), By Application (Fast Food, Beverages, Frozen Food, Dairy, and Bakery Products), By Region and Forecast Till 2027.
Global Paper Packaging Materials Market
Market Overview
Global Paper Packaging Materials Market was valued at USD 74.35 billion in 2021 which is expected to reach USD 89.73 billion at a CAGR 3.18%.
Paper is a crucial material for packaging purposes and is more popularly used compared to other materials. It is considered an environmentally friendly option as it causes minimal harm to the environment. Some examples of paper used in packaging include craft paper, glassine paper, and poster paper. The raw materials used in the paper packaging process include paper, pulp, and timber. Paper packaging materials are extensively used for packing fast food, beverages, frozen food, dairy products, and bakery items.
Market Drivers
The primary factor projected to fuel the growth of the worldwide paper packaging materials market is the rise in demand for paper packaging in the food and beverage sector. Both raw and processed food items are packaged using paper packing materials. Food products including cereals, grains, and other items are packaged using paper packaging materials as well. Also, over the projected period, a rise in the consumption of canned seafood, frozen meat products, and ready-to-eat meals would enhance the need for paper packaging materials. Also, a rise in the consumption of alcoholic and non-alcoholic drinks will favorably affect the expansion of the worldwide paper packaging materials market.
Market Restraints
The primary factor that is likely to impede the growth of the worldwide paper packaging materials market is the significant operational cost involved. Additionally, the impact of deforestation on paper packaging is expected to have a negative effect on the growth of the global paper packaging materials market.
Market Segmentation
The global paper packaging materials market is segmented into product type such as cartons, folding boxes, corrugated cases, and liquid packaging cartons. Further, global paper packaging materials market is segmented into application such as fast food, beverages, frozen food, dairy, and bakery products.
Regional Analysis
The paper packaging materials market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. The market is anticipated to expand in North America as a result of the rising demand for eco-friendly packaging options across a range of end-use industries, including food and beverage, healthcare, and personal care. Due to the strict rules put in place by governments to decrease plastic waste and the growing consumer awareness of sustainable packaging options, Europe is predicted to experience significant growth.
Market Key Players
Various key players are discussed in this report such as Pratt Industries, Mayr-Melnhof Karton AG, Brodrene Hartmann, ESCO Technologies Inc, UFP Technologies, Stora Enso, Reynolds Group Holdings, US Corrugated Inc, KapStone Paper & Packaging Corp, Rengo Co. Ltd.,and DS Smith Packaging Limited.
Market Taxonomy
By Product Type
• Cartons
• Folding Boxes
• Corrugated Cases
• Liquid Packaging Cartons
By Application
• Fast Food
• Beverages
• Frozen Food
• Dairy and Bakery Products
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Paper Packaging Materials Market
1. Executive Summary
1.1. Market Taxonomy
2Paper Packaging Materials Market Demand (in Value or Size in US$ Mn) Analysis and Forecast
3. Market Background
3.1. Forecast Factor
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Challenges
3.2.3. Trends
4Paper Packaging Materials Market Snapshot
5Paper Packaging Materials Market Analysis, By Product Type
5.1. Y-o-Y Growth Comparison, By Product Type
5.2Paper Packaging Materials Market Share Analysis, By Product Type
5.3Paper Packaging Materials Market Size and Forecast, By Product Type
5.3.1 Cartons
5.3.2 Folding Boxes
5.3.3 Corrugated Cases
5.3.4 Liquid Packaging Cartons
6Paper Packaging Materials Market Analysis, By Application
6.1. Y-o-Y Growth Comparison, By Application
6.2Paper Packaging Materials Market Share Analysis, By Application
6.3Paper Packaging Materials Market Size and Forecast, By Application
6.3.1 Fast Food
6.3.2 Beverages
6.3.3 Frozen Food
6.3.4 Dairy and Bakery Products
7Paper Packaging Materials Market Analysis, By Region
7.1. Y-o-Y Growth Comparison, By Region
7.2.Paper Packaging Materials Market Share Analysis, By Region
8.North America Packaging Materials Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Packaging Materials Market Analysis, By Product Type
8.3 North America Packaging Materials Market Analysis, By Application
8.4 North America Packaging Materials Market Analysis, By Country
8.4.1USA
8.4.2 Canada
8.4.3 Mexico
9. Europe Packaging Materials Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Packaging Materials Market Analysis, By Product Type
9.3 Europe Packaging Materials Market Analysis, By Application
9.4 Europe Packaging Materials Market Analysis, By Country
9.4 .1Germany
9.4 .2 France
9.4.3 UK
9.4 .4 Rest of Europe
10. Asia Pacific Packaging Materials Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Packaging Materials Market Analysis, By Product Type
10.3 Asia Pacific Packaging Materials Market Analysis, By Application
10.4 Asia Pacific Packaging Materials Market Analysis, By Country
10.4.1China
10.4.2 India
10.4.3 Japan
10.4.4 Rest of Asia Pacific
11. Latin America Packaging Materials Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Packaging Materials Market Analysis, By Product Type
11.3 Latin America Packaging Materials Market Analysis, By Application
12. Middle East & Africa Packaging Materials Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East & Africa Packaging Materials Market Analysis, By Product Type
12.3 Middle East & Africa Packaging Materials Market Analysis, By Application
13. Competition Analysis
13.1 Competition Dashboard
13.2 Market Share Analysis of Top Vendors
13.3 Key Development Strategies
14. Company Profiles
14.1 Pratt Industries
14.1.1 Overview
14.1.2 Offerings
141.3 Key Financial
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Mayr-Melnhof Karton AG
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financial
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Brodrene Hartmann
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financial
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 ESCO Technologies Inc
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financial
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 UFP Technologies
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financial
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Stora Enso
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financial
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Reynolds Group Holdings
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financial
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 US Corrugated Inc
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financial
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 KapStone Paper & Packaging Corp
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financial
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Rengo Co. Ltd
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financial
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 DS Smith Packaging Limited
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financial
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies