Global Paperboard Beverage Packaging Market, By Type (Corrugated Boxes, Boxboard, Paper Bags), Grade (Folding Boxboard, Solid Bleached Sulfate, White Line Chipboard, Coated Unbleached Kraft Board, Others), Country (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, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Paperboard Beverage Packaging Market
Data Bridge Market Research analyses that the paperboard beverage packaging market will project a CAGR of 5.2% for the forecast period of 2022-2029, and is likely to reach USD 1,0257.8 million in 2029.
Paperboard is a thick paper-based material that's ordinarily used in packaging. It's made of pulp as basic material to stop deforestation and trash, a considerable proportion of poster board is recycled. These are principally utilised in food and beverage packaging, medical packaging, sturdy and non-durable product packaging, industrial packaging, and cosmetics packaging.
Plastic is increasingly being replaced by paper-based packaging is the major factor accelerating the growth of the paperboard beverage packaging market. Furthermore, increasing demand from various end-use industries and the growing demand for eco-friendly packaging, lightweight, low cost has excellent printability and non-reactive properties are also expected to drive the growth of the paperboard beverage packaging market. However, intense competition among the paper and paperboard packaging manufacturers restrains the paperboard beverage packaging market, whereas, competition from the available substitutes and flexibility of the packaging will challenge market growth.
In addition, growing awareness regarding sustainability among the consumers and adoption of eco-friendly packaging will create ample opportunities for the paperboard beverage packaging market.
This paperboard beverage 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 localised 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 paperboard beverage 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.
Global Paperboard Beverage Packaging Market Scope and Market Size
Global paperboard beverage packaging market is segmented on the basis of type and grade. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the paperboard beverage packaging market is segmented into corrugated boxes, boxboard, and paper bags.
- On the basis of grade, the paperboard beverage packaging market is segmented into folding boxboard, solid bleached sulfate, White line chipboard, coated unbleached kraft board and others.
Paperboard Beverage Packaging Market Country Level Analysis
The global paperboard beverage packaging market is analysed and market size insights and trends are provided by country, type and grade as referenced above.
The countries covered in the paperboard beverage packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region dominates the paperboard beverage packaging market and will continue to flourish its trend of dominance during the forecast period owing to the robust growth in the packaging business in Asia Pacific region. North America will however register the highest CAGR for this period due to increasing need for proper storage of the food and beverage products in the warehouses and their proper transportation to the end-users is stimulating the growth of the paper & paperboard packaging market.
The country section of the paperboard beverage packaging market 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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis 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 domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Paperboard Beverage Packaging Market Share Analysis
The paperboard beverage 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 paperboard beverage packaging market.
Some of major players operating in the paperboard beverage packaging market report Amcor Limited, Cascades inc., Clearwater Paper Corporation, ProAmpac, DS Smith, International Paper, ITC Limited, METSÄ GROUP, Mondi, Packaging Corporation of America, WestRock Company, NIPPON PAPER INDUSTRIES CO. LTD., Smurfit Kappa, Stora Enso, Svenska Cellulosa Aktiebolaget SCA (publ), Sappi, Brødrene Hartmann A/S, UFP Technologies Inc., Pactiv LLC, Henry Molded Products Inc., Orcon Industries and FiberCel among other
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