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Paper Packaging Materials - Global Strategic Business Report

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    Report

  • 547 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338765

Global Paper Packaging Materials Market to Reach $420.6 Billion by 2030

The global market for Paper Packaging Materials estimated at US$251.7 Billion in the year 2022, is projected to reach a revised size of US$420.6 Billion by 2030, growing at a CAGR of 6.6% over the analysis period 2022-2030. Paper Bags & Sacks, one of the segments analyzed in the report, is projected to record 6.6% CAGR and reach US$132.8 Billion by the end of the analysis period. Growth in the Corrugated Containers & Packaging segment is estimated at 6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $66.3 Billion, While China is Forecast to Grow at 7.7% CAGR

The Paper Packaging Materials market in the U.S. is estimated at US$66.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$87.5 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.

Select Competitors (Total 95 Featured)

  • Georgia-Pacific LLC
  • Amcor PLC
  • Cascades, Inc.
  • Graphic Packaging International, Inc.
  • DS Smith PLC
  • Elopak AS
  • Euro Packaging UK Ltd.
  • Flexipack International Wunderlich GmbH + Co. KG
  • Clearwater Paper Corporation
  • Confoil Pty., Ltd.
  • Brodrene Hartmann A/S
  • ADSURE Packaging Limited
  • Green Bay Packaging, Inc.
  • egepack GmbH & Company KG
  • Gravure Packaging Limited

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Paper Packaging Materials Market

What is the estimated value of the Paper Packaging Materials Market?

The Paper Packaging Materials Market was estimated to be valued at $251.7 Billion in 2022.

What is the growth rate of the Paper Packaging Materials Market?

The growth rate of the Paper Packaging Materials Market is 6.6%, with an estimated value of $420.6 Billion by 2030.

What is the forecasted size of the Paper Packaging Materials Market?

The Paper Packaging Materials Market is estimated to be worth $420.6 Billion by 2030.

Who are the key companies in the Paper Packaging Materials Market?

Key companies in the Paper Packaging Materials Market include Georgia, Pacific LLC, Amcor PLC, Cascades, Inc., Graphic Packaging International, Inc., DS Smith PLC, Elopak AS, Euro Packaging UK Ltd., Flexipack International Wunderlich GmbH + Co. KG and Clearwater Paper Corporation.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of Covid-19 and a Looming Global Recession
  • 2020: A Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Packaging Industry Confronts Testing Times Amidst the COVID-19 Pandemic
  • Paper Packaging Experiences Mixed Impact of COVID-19 Pandemic
  • Cardboard Box Manufacturers Scramble to Keep Up with Amplified Demand
  • Paper Packaging Emerges as Face Savior for Wood Pulp Makers Hit Hard by COVID-19-led Shifts across Downstream Industries
  • Influencer Market Insights
  • World Market Trajectories
  • Paper Packaging Materials - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Paper Packaging: A Prelude
  • Making of Paper
  • Types of Paper used in Flexible Packaging Products
  • A Comparative Analysis of Paper and Plastic Packaging
  • Plastic Crates & Corrugated Box: A Comparative Review of Major Attributes
  • Paper Packaging Material Options Crafted for Diverse End-Use Requirements
  • Corrugated Boxes
  • Paper Bags & Sacks
  • Paperboard Cartons & Boxboards
  • Global Packaging Market by Type (%): 2021E
  • Market Outlook
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • E-Commerce Leads to Boom in Paper Packaging
  • Global e-Commerce Market Growth Outlook (In %) For Years 2019 Through 2025
  • Global B2C E-Commerce Sales in US$ Trillion for the Years 2019, 2020, 2021, 2022, 2023, 2024, and 2025
  • Retail M-Commerce Sales as % of Retail E-commerce Sales Worldwide for the Years 2016, 2018, 2020 & 2022
  • Colorful Paper-based Packaging Remains Mainstay for Traditional Retail & E-Commerce
  • Sustainability Remains Critical Factor Driving Recycling Initiatives
  • Food Industry Remains the Prime Market for Flexible Paper Packaging
  • Growing Environmental Concerns Regarding Use of Plastics in Packaging Application Spurs Demand for Paper
  • Major Attributes of Paper Packaging Drive Preference over Other Packaging Options
  • Paper Bottles Emerge as Promising Alternative to Plastic Bottles
  • Rising Appetite Related to Fiber-based Packaging Marks Shift Away from Plastic
  • Key Technical Challenges Associated with Sustainable Packaging
  • Select Examples of Companies Offering Recyclable Paper Packaging
  • Does Paper Hold the Capability of Replacing Plastic in Barrier Packaging?
  • Skyrocketing Prices of Paper Pressurize Margins of Paper Packaging Brands
  • Factors Responsible for Spike in Paper & Packaging Prices
  • Changing Food Habits and Trend towards Convenience & Ready-to-Eat Foods Fuels Demand
  • Paper Packaging Market Benefits from the Growth of Delivery from QSRs and Fast Food Establishments
  • Global Fast Food & Quick Service Restaurant Market Size (in US$ Billion) for 2019, 2022 & 2025
  • Food Disposables Market Benefits from the Growth of QSRs and Fast Food Establishments
  • Healthy Gains in Third Party Online Food Delivery Services & Mobile Apps Drive Need for Packaging
  • Global Online Food Delivery Services Market Size (in US$ Billion) for 2019, 2021, 2023 & 2025
  • Snacking Culture Pushes Up Demand
  • Global Snack Foods Sales in US$ Billion for the Years 2020, 2022, 2024 and 2026
  • Compostable Barrier Coatings Witness Rising Popularity for Sustainable Food Packaging
  • Retail Sector: A Key Beneficiary of Corrugated Packaging
  • Manufactures Explore New Paper Recycling Technologies
  • Fashion Brands Face Catch-22 Situation over Transition from Plastic to Paper Packaging
  • Cardboard Production Amid Looming Environmental Concerns
  • Environment-Friendly Packaging and Printing Inks Gain Momentum
  • Digital Folding Cartons Market
  • Corrugated Packaging Market
  • Factors Driving Growth
  • Regional Review
  • Food and Beverages Sector Leads Demand for Corrugated Boxes
  • World Food Packaging Market by Material (2021): Percentage Breakdown of Value Sales for Glass, Metal, Paper & Board, Plastic (Rigid & Flexible), and Others
  • Global Demand for Foodservice Board - Percentage Breakdown of Demand by Type and Region
  • Rising Demand for Packaged and Ready-to-Eat Foods
  • Snacking Culture Pushes Innovation & Demand
  • Surge in E-Commerce Sales: Corrugated and Paperboard Box Market Positioned for Growth
  • Corrugated Packaging Materials: A Review
  • Corrugated Packaging Material Market (2021): Percentage Breakdown of Material Volume Demand by Type of Application
  • Recyclability: A Major Fetching Factor for Corrugated and Paperboard Boxes
  • Shift towards Lightweight Corrugated Boxes
  • Growing Demand for Micro-Corrugated Cardboard
  • Growing Popularity of Smaller Flute Profiles
  • Global Folding Carton Market
  • Innovations Benefit Carton Packaging Industry
  • Industry Faces Threat from BioMaterials
  • Companies Focus on Cost Containment in Packaging
  • Industrial Manufacturing Activity to Influence Growth Trends
  • Global PMI Index Points for the Years 2018, 2019 & 2020
  • Innovations in Packaging for Pet Food
  • Favorable Demographic & Economic Trends Strengthen Market Prospects
  • Ballooning Global Population
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Urbanization Trend
  • World Urban Population in Thousands: 1950-2050P
  • Burgeoning Middle Class Population
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, and 2030
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Paper Packaging Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Paper Packaging Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 3: World 16-Year Perspective for Paper Packaging Materials by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for Paper Bags & Sacks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 5: World Historic Review for Paper Bags & Sacks by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 6: World 16-Year Perspective for Paper Bags & Sacks by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for Corrugated Containers & Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 8: World Historic Review for Corrugated Containers & Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 9: World 16-Year Perspective for Corrugated Containers & Packaging by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for Folding Boxes & Cases by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 11: World Historic Review for Folding Boxes & Cases by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 12: World 16-Year Perspective for Folding Boxes & Cases by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Other Products by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 15: World 16-Year Perspective for Other Products by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 18: World 16-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 21: World 16-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 23: World Historic Review for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 24: World 16-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 26: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 27: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 28: World Paper Packaging Materials Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • CANADA
  • JAPAN
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • CHINA
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • EUROPE
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • FRANCE
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • GERMANY
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • ITALY
  • UNITED KINGDOM
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • AUSTRALIA
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
  • INDIA
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
  • Paper Packaging Materials Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Georgia-Pacific LLC
  • Amcor PLC
  • Cascades, Inc.
  • Graphic Packaging International, Inc.
  • DS Smith PLC
  • Elopak AS
  • Euro Packaging UK Ltd.
  • Flexipack International Wunderlich GmbH + Co. KG
  • Clearwater Paper Corporation
  • Confoil Pty., Ltd.
  • Brodrene Hartmann A/S
  • ADSURE Packaging Limited
  • Green Bay Packaging, Inc.
  • egepack GmbH & Company KG
  • Gravure Packaging Limited