Global Paper and Paperboard Packaging Market, By Product (Paper Cups, Kraft Paper Boards, Boxboard, Folding Boxes and Cases, Paper and Paperboard Packaging, and Others), Type (Stickers, Shopper, Coating, Packaging, Invitations / Envelopes / Notepaper, Labels, Covers, Catalogues, and Digital Print), Property (Colored, Natural, Coated, Pearlescent, Texture, Recycle, Cotton, and 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, and More Than 250 G/M2), Grade (Solid Bleached Sulfate, Coated Unbleached Kraft Paperboard, Folding Boxboard, White Lined Chipboard, Glassine and Greaseproof Paper, Label Paper, and Others), End User (Personal Care and Cosmetics, Food and Beverages, Healthcare, Consumer Goods, Education and Stationary and Others) – Industry Trends and Forecast to 2030.
Paper and Paperboard Packaging Market Analysis and Size
In the last few years, the paper and paperboard packaging market has witnessed significant demand due to growing demand from various end-use industries such as personal care and cosmetics, electronics, food, beverages, and others. Moreover, increasing sustainability awareness and rising demand for eco-friendly packaging by the end-use industries is expected to positively influence the growth of the global paper and paperboard packaging market in the coming years.
Data Bridge Market Research analyses that the paper and paperboard packaging market is expected to reach USD 214,492.80 million by 2030, which was USD 138,707.95 million in 2022, registering a CAGR of 5.60% during the forecast period of 2023 to 2030. 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 and Paperboard Packaging Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015- 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Paper Cups, Kraft Paper Boards, Boxboard, Folding Boxes and Cases, Paper and paperboard packaging and Others), Type (Stickers, Shopper, Coating, Packaging, Invitations / Envelopes / Notepaper, Labels, Covers, Catalogues and Digital Print), Property (Colored, Natural, Coated, Pearlescent, Texture, Recycle, Cotton and 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 and More Than 250 G/M2), Grade (Solid Bleached Sulfate, Coated Unbleached Kraft Paperboard, Folding Boxboard, White Lined Chipboard, Glassine and Greaseproof Paper, Label Paper, Others), End User (Personal Care and Cosmetics, Food and Beverages, Healthcare, Consumer Goods, Education and Stationary and Others)
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Countries Covered
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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 and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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WestRock Company (U.S.), Smurfit Kappa (Ireland), International Paper (U.S.), Novolex (U.S.), NOVPLASTA CZ, s.r.o (Czechia), Burgass Carrier Bags (U.S.), Mondi (U.K.), CEE R.SCHISLER (France), Cascades Inc. (Canada), DS Smith (U.K.), Goodwin Robbins Packaging Company Inc. (U.S.), Oji Holdings Corporation (Japan), Georgia-Pacific LLC. (U.S.), Amcor plc (Switzerland), Sonoco Products Company (U.S.), Rengo Co. Ltd (Japan), Graphic Packaging International LLC (U.S.), Keystone Paper & Box Company, Inc (U.S.), Menasha Corporation (U.S.)
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Market Opportunities
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Market Definition
Paper and paperboard packaging materials are made of wood pulp, derived from wood and non-wood sources such as bamboo and straw. Wood pulp is available extensively and is gradually generated by recycling paper. The wood pulp's low cost and sustainable nature make paper and paperboard packaging a perfect choice for end-use industries.
Paper and Paperboard Packaging Market Dynamics
Drivers
- The increasing emergence of the e-commerce sector
The growing emergence of the e-commerce sector has played a vital role in the growth and expansion of the paper and paperboard packaging market. E-commerce companies widely use corrugated packaging for secondary and tertiary packaging because of its low cost and lightweight nature. Additionally, increasing sustainability problems of plastic materials are compelling e-commerce companies to replace plastic packaging with paper packaging, which is expected to drive market growth during the forecast period.
- Rising consumption of packaged food
The increasing consumption of packaged food will likely drive the growth of the paper and paperboard packaging market during the forecast period. Paper and paperboard products are used for packaging milk products, frozen foods, dry meals, and other products. For instance, according to linchpin, an India-based mobile and software Development Company, digital fast-food orders increased by 23% between June 2019 and June 2020, which tripled in 2021. Therefore, the increasing consumption of packaged food is likely to drive market growth.
Opportunities
- Growth and expansion of the electrical and electronics sector
The electrical and electronics end-use sector is projected to grow significantly during the forecast period. Increasing technological advancement has been leading to the growth of various electronic products. Furthermore, the increasing expansion of compact-sized electrical products also provides lucrative opportunities for manufacturers in paper and paperboard packaging because paper and paperboard packaging is the perfect solution for compact-sized electrical products. Thus, the sturdy growth of the electrical and electronics industry is expected to impact the demand for paper and paperboard packaging in the upcoming few years.
- Increasing awareness among consumers regarding the usage of paper packaging over plastic
Plastic-based packaging products face stringent rules because of their non-biodegradability across the world. Single-use plastic is progressively being banned across various countries and extensively replaced by paper-based packaging because of its sustainability. Furthermore, growing sustainability awareness among consumers regarding paper-based packaging usage is anticipated to create ample opportunities for market growth in the coming years.
Restraints/ Challenges
- High competition from flexible plastic packaging
Flexible plastic packaging offers advantages to retailers and manufacturers because it lessens packaging weight, decreasing warehousing and shipping costs. Hence factors such as cost savings, health benefits, sustainability, and many others are shifting end users' preference from rigid paper-based materials to flexible plastic packaging. This will likely hamper the market growth.
- Fluctuating prices of raw materials
Fluctuations in the price of raw materials, such as cellulose fiber or wood pulp prices, because of the demand-supply gap, which is expected to impact the growth of paper negatively and the paperboard packaging market growth. This factor leads to a significant reduction in the profit margin of the manufacturers in the paper and paperboard packaging market, which may hamper the market growth during the forecast period.
This paper and paperboard packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the paper and paperboard packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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.
Recent Developments
- In 2022, FRESH PACKING collaborated with Mondi to create a cutting-edge cooler bag for consumers to transport chilled or frozen foods. While increasing cooling protection by up to 2.5 times, the Fresh Bag's exterior layer is completely made of kraft paper from Mondi. This packaging is completely replacing the multi-material, non-recyclable packaging.
- In 2022, Smurfit Kappa revealed that it had signed an agreement to buy PaperBox, a packaging facility in Saquarema, 70 km east of Rio de Janeiro. Since it previously operated in the Rio Grande do Sul, Minas Gerais, and Ceará, this acquisition significantly broadened Smurfit Kappa's operational base in Brazil.
Global Paper and Paperboard Packaging Market Scope
The paper and paperboard packaging market is segmented on the basis of product, type, property, weight, grade, and end user. The growth amongst these segments will help you analyze 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.
Product
- Paper Cups
- Kraft Paper Boards
- Boxboard
- Folding Boxes and Cases
- Paper and paperboard packaging
- Others
Type
- Stickers
- Shopper
- Coating
- Packaging
- Invitations / Envelopes / Notepaper
- Labels
- Covers
- Catalogues
- Digital Print
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
Grade
- Solid Bleached Sulfate
- Coated Unbleached Kraft Paperboard
- Folding Boxboard
- White Lined Chipboard
- Glassine and Greaseproof Paper
- Label Paper
- Others
End User
- Personal Care and Cosmetics
- Food and Beverages
- Healthcare
- Consumer Goods
- Education and Stationary
- Others
Paper and Paperboard Packaging Market Regional Analysis/Insights
The paper and paperboard packaging market is analysed and market size insights and trends are provided by country, product, type, property, weight, grade, and end user as referenced above.
The countries covered in the paper and paperboard packaging 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 and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
Asia-Pacific is expected to dominate the paper and paperboard packaging market owing to the increasing consumption of consumer electronics packaged in paperboard. Furthermore, increasing demand for paper and paperboard packaging for the packaging of ready-to-eat meals will further boost the market growth in this region.
North America is expected to be the fastest developing region during the forecast period of 2023-2030 because of the large presence of major market players. Moreover, increasing awareness regarding sustainability among end users will further boost the market growth in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream 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 Paper and Paperboard Packaging Market Share Analysis
The paper and paperboard packaging 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 companies' focus related to paper and paperboard packaging market.
Some of the major players operating in the paper and paperboard packaging market are:
- WestRock Company (U.S.)
- Smurfit Kappa (Ireland)
- International Paper (U.S.)
- Novolex (U.S.)
- NOVPLASTA CZ, s.r.o (Czechia)
- Burgass Carrier Bags (U.S.)
- Mondi (U.K.)
- CEE R.SCHISLER (France)
- Cascades Inc. (Canada)
- DS Smith (U.K.)
- Goodwin Robbins Packaging Company Inc. (U.S.)
- Oji Holdings Corporation (Japan)
- Georgia-Pacific LLC. (U.S.)
- Amcor plc (Switzerland)
- Sonoco Products Company (U.S.)
- Rengo Co. Ltd (Japan)
- Graphic Packaging International LLC (U.S.)
- Keystone Paper & Box Company, Inc (U.S.)
- Menasha Corporation (U.S.)
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