Asia-Pacific Paper and Paperboard Packaging Market, By Type (Stickers, Shopper, Coating, Packaging, Invitations / Envelopes / Notepaper, Labels, Covers, Catalogs, Digital Print), Product (Paper Cups, Kraft Paper Boards, Boxboard, Folding Boxes, and Cases, Paper Bags, Others), Property (Colored, Natural, Coated, Pearlescent, Texture, Recycle, Cotton, Others), Weight (70 G/M2 To 100 G/M2, 101 G/M2 To 150 G/M2, 151 G/M2 To 200 G/M2, 201 G/M2 To 250 G/M2, More Than 250 G/M2), End User (Personal Care And Cosmetics, Food and Beverages, Healthcare, Consumer Goods, Education and Stationary, Others), Country (China, Japan, India, South Korea, Indonesia, Australia and New Zealand, Thailand, Taiwan, Malaysia, Philippines, Hong Kong, Singapore, Rest of Asia-Pacific), Industry Trends and Forecast to 2029
Market Analysis and Insights: Asia-Pacific Paper and Paperboard Packaging Market
Asia-Pacific paper and paperboard packaging market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.9% in the forecast period of 2022 to 2029 and expected to reach USD 74,604.83 million by 2029.
Paper based packaging and products such as cardboard, paperboard, shipping sacks, and paper bags are made from renewable resources (recycled paper fiber and trees) that are replanted to ensure a sustainable supply. Paper-based materials include newsprint; office, printing, fine, and pressure-sensitive papers; paper napkins, towels, and toilet tissue; kraft bag, construction, and other kraft industrial papers; paperboard, liquid packaging containers, containerboard, corrugated, and solid fiber containers, including liner board and corrugated medium; and related types of cellulosic products containing primarily, by weight or volume, cellulosic materials. Numerous types of paper and paperboard products are commercialized in the market, such as paper cups, cold paper cups, kraft paper boards, boxboards, folding boxes and cases, paper bags, and others. Kraft paper-based products have a huge demand among consumers because they have high elasticity and tear resistance.
The major factors driving the growth of the paper and paperboard packaging market are growing demand for paperboard packaging boxes from the healthcare industry and increasing awareness about sustainable packaging material, and adoption of eco-friendly packaging. Strong initiatives on paper recycling initiatives in several countries is creating opportunities for the growth of the market. Increasing competition from flexible plastic packaging is acting as the major restraint for paper and paperboard packaging market. The difficulty in maintaining quality of paper-based packaging product is acting as a major challenge for the growth of the market.
This paper and paperboard packaging market report provide details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Paper and Paperboard Packaging Market Scope and Market Size
Asia-Pacific paper and paperboard packaging market is segmented into five notable segments, which are based on the type, product, property, weight and end user.
- On the basis of type, the Asia-Pacific paper and paperboard packaging market is segmented into stickers, shopper, coating, packaging, invitations/envelopes/notepaper, labels, covers, catalogs and digital print. In 2022, packaging segment is expected to dominate the market as the demand for packaging is increasing in the paper and paperboard packaging market as packaging is recyclable and biodegradable
- On the basis of product, the Asia-Pacific paper and paperboard packaging market is segmented into paper cups, kraft paper boards, boxboard, folding boxes and cases, paper bags, and others. In 2022, the kraft paper boards segment is expected to dominate the market as the demand for kraft paper boards is increasing in the paper and paperboard packaging market as kraft paper boards are highly strong and have a high tensile strength
- On the basis of property, the Asia-Pacific paper and paperboard packaging market is segmented into colored, natural, coated, pearlescent, texture, recycle, cotton and others. In 2022, recycle segment is expected to dominate the market as the demand for recycling is increasing in the paper and paperboard packaging market as recycling property helps to reduce pollution
- On the basis of weight, the global paper and paperboard packaging market is segmented into 70 G/M2 TO 100 G/M2, 101 G/M2 TO 150 G/M2, 151 G/M2 TO 200 G/M2, 201 G/M2 TO 250 G/M2 and more than 250 G/M2. In 2022, the 151 G/M2 to 200 G/M2 segment is expected to dominate the market as the demand for 151 G/M2 TO 200 G/M2 is increasing in the paper and paperboard packaging market as this provides excellent flexibility to the products
- On the basis of end user, the Asia-Pacific paper and paperboard packaging market is segmented into personal care and cosmetics, food and beverages, healthcare, consumer goods, education and stationary, and others. In 2022, the food and beverages segment is expected to dominate the market. The demand for paper and paperboards in the food and beverage industry is increasing in the paper and paperboard packaging market as paper packaging maintains the flavor of the products
Asia-Pacific Paper and Paperboard Packaging Market Country Level Analysis
Asia-Pacific paper and paperboard packaging market is analysed and market size information is provided by the country, type, product, property, weight and end user.
The countries covered in Asia-Pacific Paper and paperboard packaging market report are China, Japan, India, South Korea, Australia & New Zealand, Indonesia, Singapore, Thailand, Malaysia, Philippines and Rest of Asia-Pacific.
China is dominating the market in Asia-Pacific region due to rising demand from the e-commerce industry for paper and paperboard containers.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Paper and Paperboard Packaging
Asia-Pacific paper and paperboard packaging market also provides you with detailed market analysis for every country growth in the industry with sales, components sales, impact of technological development in paper and paperboard packaging, and changes in regulatory scenarios with their support for the Paper and paperboard packaging market. The data is available for historic period 2012 to 2020.
Competitive Landscape and Asia-Pacific Paper and Paperboard Packaging Market Share Analysis
Asia-Pacific Paper and paperboard packaging market competitive landscape provide details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points are only related to the companies’ focus on Asia-Pacific paper and paperboard packaging market.
Some of the major players operating in the paper and paperboard packaging market are International Paper, Westrock Company, Oji Holdings Corporation, Amcor plc, Packaging Corporation of America, DS Smith, Fedrigoni S.P.A., Mayr-Melnhof Karton AG, Mondi, Nippon Paper Industries Co., Ltd., Rengo Co., Ltd., Sonoco Products Company, Stora Enso, Svenska Cellulosa, Aktiebolaget SCA, and UPM among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide, which are also accelerating the growth of Asia-Pacific Paper and paperboard packaging market.
For instance,
- In March 2021, Packaging Corporation of America announced plans to launch three-year, USD 440 million projects to permanently convert a paper machine at its mill in Clarke County to produce linerboard used for corrugated packaging. The company will install an OCC plant for recycling old corrugated containers and various pulp mill modifications. This led to the development of new products by the company.
- In December 2021, Amcor plc announced the opening of state-of-the-art healthcare packaging facility in Singapore. With this expansion, the company aimed at serving the consumer needs in the Asia-Pacific region. The new facility was designed to meet and exceed healthcare-industry needs for quality and regulatory compliance, with the capacity for growth to support medical device manufacturers. The company expanded its global presence through its new facility.
Partnership, joint ventures, and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for paper and paperboard packaging through expanded range of sizes.
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