Global Paper Packaging Materials Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 353.54 Million |
Market Size (Forecast Year) |
USD 495.13 Million |
CAGR |
|
Major Markets Players |
Global Paper Packaging Materials Market, By Material Type (Corrugated Papers, Specialty Papers, Boxboard / Carton board, Kraft Papers, Molded Pulp), Packaging Type (Corrugated Boxes, Wrapping paper, Inserts and Dividers, Bottles and Cup Carriers, Trays, Plates, Clamshells, Display Packaging, Bags and Sacks, Tapes and Labels), Packaging Level (Primary Packaging, Secondary Packaging, Tertiary Packaging), End-Use (Food Packaging, Beverages Packaging, Tobacco Packaging, Healthcare Packaging, Personal Care and Cosmetics, Homecare and Toiletries, Electrical and Electronics, Industrial Packaging, E-Commerce Packaging, Chemical and Fertilizers) - Industry Trends and Forecast to 2030.
Paper Packaging Materials Market Analysis and Size
The essential factors contributing to the growth of the global paper packaging materials market in the forecast period of 2023 to 2030 include the increasing population and rising demand of the cheap packaging substitutes. Also, the rapid growth of online shopping is significantly contributing to the market’s growth.
Data Bridge Market Research analyses that the global paper packaging materials market which was USD 353.54 million in 2022, is expected to reach USD 495.13 million by 2030, growing at a CAGR of 4.30% during the forecast period of 2023 to 2030. In 2023, food packaging segment will dominate the market due to the rise in customization to meet the customer’s needs. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Paper Packaging Materials Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015-2020) |
Quantitative Units |
Revenue in USD Million |
Segments Covered |
Material Type (Corrugated Papers, Specialty Papers, Boxboard / Carton board, Kraft Papers, Molded Pulp), Packaging Type (Corrugated Boxes, Wrapping paper, Inserts and Dividers, Bottles and Cup Carriers, Trays, Plates, Clamshells, Display Packaging, Bags and Sacks, Tapes and Labels), Packaging Level (Primary Packaging, Secondary Packaging, Tertiary Packaging), End-Use (Food Packaging, Beverages Packaging, Tobacco Packaging, Healthcare Packaging, Personal Care and Cosmetics, Homecare and Toiletries, Electrical and Electronics, Industrial Packaging, E-Commerce Packaging, Chemical and Fertilizers) |
Countries Covered |
U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa |
Market Players Covered |
DS Smith Plc (U.K.), Georgia-Pacific (U.S.), Holmen (Sweden), Hood Packaging Corporation (U.S.), International Paper (U.S.), Tetra Pak International S.A. (Switzerland), Refresco Group (Netherlands), NIPPON PAPER INDUSTRIES CO., LTD. (Japan), Nampak Ltd. (South Africa), SIG Combibloc Group Ltd. (Switzerland), WestRock Company (U.S.), Oji Holdings Corporation (Japan), Smurfit Kappa (Ireland), Stora Enso (Finland), Mayr-Melnhof Karton AG (Austria), Packaging Corporation of America (U.S.), Amcor plc (Switzaerland), Mondi (Austria), Sappi (South Africa) and Sonoco Products Company (U.S.), among others |
Market Opportunities |
|
Market Definition
Paper packaging material is basically the material which is used for packaging of products. Paper packaging products include paper, timber, pulp and other forest recycled products that are being used to produce paper packaging material.
Global Paper Packaging Materials Market Dynamics
Drivers
- Increasing Population Raises the Demand of the Cheap Packaging Substitutes such as Bags, Pouches, Cellulose
As the population grows, there is a corresponding increase in consumption of goods and products. This heightened consumption leads to higher demand for packaging materials across various industries, including food and beverages, consumer goods, and pharmaceuticals. Paper-based bags, pouches, and cellulose-based materials offer cost-effective and environmentally friendly alternatives to traditional packaging options, which can cater to this increased demand.
- Rise in the Awareness Regarding the Environmental Growth and Rapid Growth of Online Shopping
Increasing awareness of environmental issues, such as plastic pollution and carbon emissions, has led consumers and businesses to seek more sustainable packaging solutions. Paper packaging materials are considered eco-friendly as they are biodegradable, recyclable, and often made from renewable resources. This shift in consumer preference towards eco-friendly packaging options boosts the demand for paper-based packaging materials.
Opportunities
- Rising Customization to Meet the Customer’s Needs
Rising customization in the global paper packaging materials market presents a significant opportunity. As businesses seek to cater to diverse customer preferences and brand identities, custom paper packaging solutions become essential. This trend enables the development of tailored, eye-catching designs and sizes that enhance product presentation and brand recognition. Moreover, customizable paper packaging aligns with sustainability goals, appealing to environmentally conscious consumers. By offering personalized, eco-friendly packaging options, the paper packaging industry can capture market share, foster brand loyalty, and respond effectively to the evolving demands of businesses and consumers, ultimately driving growth and innovation in this sector.
- Growing Innovations for Paper Packaging Materials
The burgeoning innovations in paper packaging materials represent a remarkable opportunity in the global paper packaging materials Market. Advanced technologies and research are yielding packaging solutions with enhanced strength, durability, and barrier properties, expanding the application spectrum of paper-based materials. This fosters innovation in sectors such as food packaging, pharmaceuticals, and electronics, enabling more diverse and specialized packaging options. In addition, eco-friendly innovations in biodegradable coatings and sustainable sourcing align with heightened environmental consciousness, driving consumer preference. As industries continue to embrace these advancements, the paper packaging market can capitalize on the demand for cutting-edge, sustainable solutions, fostering growth and differentiation in a competitive landscape.
Restraint/Challenge
- Packaging of Very Heavy Materials
Packaging very heavy materials poses a significant challenge in the global paper packaging materials market. Traditional paper-based packaging may lack the necessary structural integrity and load-bearing capacity required for heavy items, risking product damage and safety concerns during transit. Addressing this challenge demands innovative solutions, such as reinforced or multi-layered paper packaging, which can add to production costs. In addition, heavy items may require larger, bulkier packaging, leading to increased shipping and storage costs. While paper packaging offers sustainability benefits, it must overcome these structural limitations to effectively compete with alternative materials for the packaging of very heavy products.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Paper Packaging Materials Market Scope
The global paper packaging materials market is segmented on the basis of material type, packaging type, packaging level and end-use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material Type
- Corrugated Papers
- Specialty Papers
- Boxboard / Carton board
- Kraft Papers
- Molded Pulp
Packaging Type
- Corrugated Boxes
- Wrapping paper
- Inserts and Dividers
- Bottles and Cup Carriers
- Trays
- Plates
- Clamshells
- Display Packaging
- Bags and Sacks
- Tapes and Labels
Packaging Level
- Primary Packaging
- Secondary Packaging
- Tertiary Packaging
End-Use
- Food Packaging
- Beverages Packaging
- Tobacco Packaging
- Healthcare Packaging
- Personal Care and Cosmetics
- Homecare and Toiletries
- Electrical and Electronics
- Industrial Packaging
- E-Commerce Packaging
- Chemical and Fertilizers
Global Paper Packaging Materials Market Regional Analysis/Insights
Global paper packaging materials market is analysed and market size insights and trends are provided by material type, packaging type, packaging level and end-use as referenced above.
The countries covered in the global paper packaging materials market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
Asia-Pacific is expected to dominate the paper packaging materials market due to the increasing population and rising demand for cheap packaging substitutes. In Asia-Pacific, China is expected to dominate the market due to the higher demand for packaging materials across various industries, including food and beverages, consumer goods.
North America is expected to grow during the forecast period of 2023 to 2030 due to the rise in awareness regarding the environmental issues. In North America, U.S. is expected to dominate the market due to consumers and businesses seeking more sustainable packaging solutions.
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Paper Packaging Materials Market Share Analysis
The paper packaging materials market competitive landscape provides 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, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company's focus related to global paper packaging materials market.
Some of the major players operating in the global paper packaging materials market are:
- DS Smith Plc (U.K.)
- Georgia-Pacific (U.S.)
- Holmen (Sweden)
- Hood Packaging Corporation (U.S.)
- International Paper (U.S.)
- Tetra Pak International S.A. (Switzerland)
- Refresco Group (Netherlands)
- NIPPON PAPER INDUSTRIES CO., LTD. (Japan)
- Nampak Ltd. (South Africa)
- SIG Combibloc Group Ltd. (Switzerland)
- WestRock Company (U.S.)
- Oji Holdings Corporation (Japan)
- Smurfit Kappa (Ireland)
- Stora Enso (Finland)
- Mayr-Melnhof Karton AG (Austria)
- Packaging Corporation of America (U.S.)
- Amcor plc (Switzaerland)
- Mondi (Austria)
- Sappi (South Africa)
- Sonoco Products Company (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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