North America Paper and Paperboard Packaging Market, By Product (Paper Cups, Kraft Paper Boards, Boxboard, Folding Boxes And Cases, Paper Bags and Others), Type (Stickers, Shopper, Coating, Packaging, Invitations / Envelopes / Notepaper, Labels, Covers, Catalogs 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), End User (Personal Care And Cosmetics, Food And Beverages, Healthcare, Consumer Goods, Education And Stationary and Others), Country (U.S., Canada and Mexico) Industry Trends and Forecast to 2029
Market Analysis and Insights: North America Paper and Paperboard Packaging Market
North America 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 at a CAGR of 4.9% in the forecast period of 2022 to 2029 and expected to reach USD 62,445.93 million by 2029. Paper is made from cellulose fibres, which are obtained from trees, recovered papers and annual plant fibres like cereal straws. Today about 97 per cent of the world's paper and board is made from wood-pulp, and about 85 per cent of the wood-pulp used is from spruces, firs and pines. Also, paper and board can be used in contact with food in many different ways, either directly or indirectly, and either singly or laminated with other materials such as plastic or metal foil.
The growing demand for paperboard packaging boxes from healthcare industry has a significant impact on the expansion of the market for paper and paperboard packaging. In line with this, increasing awareness pertaining to sustainable packaging material adoption of eco-friendly packaging, and rising demand from the e-commerce industry for paper and paperboard containers, are key determinants favoring the growth of the paper and paperboard packaging market during the forecast period.
However, regulations imposed by governments concerning the use of packaging materials, may act as major restraints on the growth rate of the paper and paperboard packaging market, whereas maintaining the quality of the paper based packaging products is quite difficult has the potential to challenge the growth of the paper and paperboard packaging market during the forecast period.
This Paper and Paperboard Packaging Market report provides details of market share, new developments, and product pipeline analysis, 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, geographic 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.
North America Paper and Paperboard Packaging Market Scope and Market Size
North America paper and paperboard packaging market is segmented into five notable segments which are based on the type, product, property, weight and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the global 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 due to the growing demand for paper boxes from e-commerce industry.
- On the basis of product, the global 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 kraft paper boards have high durability, which increases its demand in North America.
- On the basis of property, the global paper and paperboard packaging market is segmented into colored, natural, coated, pearlescent, texture, recycle, cotton and others. In 2022, the recycle segment is expected to dominate the market as recycling property helps to reduce pollution, which increases its demand in North America.
- 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 this weight is easier to carry, which increases its demand in North America.
- On the basis of end user, the global 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 as paper and paperboard packaging has good flexibity to store different types of food products, which increases its demand in North America.
North America Paper and Paperboard Packaging Market Country Level Analysis
North America paper and paperboard packaging market is segmented into four notable segments which are based on the basis of type, product, property, weight and end user.
The countries covered in North America Paper and paperboard packaging market report are U.S., Canada and Mexico . U.S. is dominating the North America market due to the growing demand for paperboard packaging boxes from healthcare industry which increases the demand for Paper and Paperboard Packaging in the region
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 North America 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.
Growing Demand For Paperboard Packaging Boxes From Healthcare Industry
Paper and paperboard packaging materials play an important role for packaging and displays for the medicine & pharmaceuticals sector. Enclosing the product is the most basic function of packaging medicines. The design of high quality packages must take into account product needs and manufacturing and distribution systems. This requires that the package does not leak, does not allow the product to spread or penetrate, and is strong enough to hold the contents under normal handling.
The health sector is contributing to increasing demand for packaging. Cardboard boxes are required to transport health products and medicines to various locations of distribution. The package must protect the product from all external adverse effects that could compromise quality or effectiveness, such as light, moisture, oxygen, biological contamination, mechanical damage, counterfeiting or counterfeiting.
Therefore, pharmaceutical manufacturers must take packaging into careful consideration as medication safety is important to prevent devastating errors, ineffective storage and the risk of medication tampering and falsified products. This in turn rises the demand for paperboard boxes and hence contributing to the growth of the global paper and paperboard packaging market.
Competitive Landscape and Paper and Paperboard Packaging Market Share Analysis
North America 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, North America presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to North America Paper and Paperboard Packaging Market .
The major market players engaged in the North American paper and paperboard packaging market are Amcor plc, Cascades inc., Packaging Corporation of America, DS Smith, Fedrigoni S.P.A. Atlantic Packaging, International Paper, Smurfit Kappa, Svenska Cellulosa Aktiebolaget SCA, Mondi, Nippon Paper Industries Co., Ltd., Stora Enso, METSÄ GROUP, Georgia-Pacific, Oji Holdings Corporation, Mayr-Melnhof Karton AG, UPM, Rengo Co., Ltd., WestRock Company among others.
For instance,
- In November, 2021, Nippon Paper Industries Co., Ltd. announced price revisions for printing paper and communication paper and industrial paper in the domestic market to all its agencies. This has in turn helped the company to increase its revenue in the long run.
- In November, 2021, Oji Holdings Corporation announced about the establishment of new corrugated container plant in Vietnam. This has further helped the company to increase its production volume of corrugated boxes in Asia-Pacific region.
- In December, 2021, Stora Enso was been awarded Best Circular Solution presented by Tetra Pak for its significant achievements in beverage carton recycling innovation. This has helped the company to strengthen its position globally.
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