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Global Paper Packaging Market, Size, Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis

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    Report

  • 115 Pages
  • March 2022
  • Region: Global
  • Renub Research
  • ID: 5562680
Global Paper Packaging Market will reach US$ 496.88 Billion by 2027. Consumers nowadays prefer eco-friendly products over other packaging solutions like metals and plastics. Paper and paper-based packaging materials are the most versatile and oldest packaging materials available on the market. They are ironic material: they can be gentle or firm, cheap or expensive, permanent or temporary, in plenty or limited. Paper packaging refers to various flexible and rigid packaging materials, including Liquid Packaging cartons, corrugated cases, Carton and Folding boxes, and others.



Worldwide Paper Packaging Market Size was US$ 379.37 Billion in 2021


Notwithstanding, the growing retail and e-commerce industries, along with the ever-increasing demand for environment-friendly packaging products, currently represent the key factors driving the market's growth. With the rapid increase in online shopping platforms, the necessity for paper packaging products has escalated immensely. Likewise, growing consumer consciousness regarding sustainable packaging and favorable government policies boost market growth. Governments of various emerging and developed nations are promoting paper-based products as an alternative to plastic for minimizing toxin levels and pollution in the environment.

COVID-19 Impact on Paper Packing Industry


The paper packaging industry saw some significant issues due to the COVID-19 pandemic, including the effects of nationwide lockdown, companies pushing to source away from China, and reconsidering materials used in packaging. Although the supply side of paper packaging has witnessed a practical impact, a drastic growth in the end-user demand in some applications has expanded the scope of paper packaging.

Food and Beverage holds the Substantial Market Share


Based on the end-user industry, the paper packaging market is segmented into Food, Beverage, Healthcare, Personal and Homecare, and Others. The food and beverage segment is to demonstrate the highest growth due to the high demand for food products globally. Paper packaging is the primary asset of the food industry. It is environment-friendly and raises the nicety for consumers. There is a significant competitor in the food and beverage market among the players who deliver quality products. Various paper packaging materials in the market are available to fulfill the different packaging needs, like cardboard boxes and corrugated boxes.

Global Paper Packaging Industry is expected to grow with a CAGR of 4.6% from 2021-2027


Regionally, the Asia Pacific paper packaging market is currently witnessing robust growth. The rising number of manufacturing plants all over the region, combined with the growing consumerism and transit packaging sector in the Asia Pacific, contributes to the growth of the paper packaging market. Due to the increasing need for paper pulp in developing countries such as India and China, the region will grow fastest. An upsurge in the transit packaging sector in China, combined with growing consumerism, leads to a rapidly rising demand for paper packaging. Furthermore, there is an escalating rate of exports in the developing logistics sector as the corrugated boxes are anticipated to dominate the market in this region. Vital industries like the fast-growing middle-class population and fast-moving consumer goods (FMCG) and cosmetics encourage the demand for paper packaging in the region.

Competitive Landscape


The paper packaging market is fragmented. It is a highly competitive market with several players such as WestRock Inc., International Paper Company Inc., Packaging Corporation of America, Amcor Ltd, Mondi Group, Smurfit Kappa Group, DS Smith PLC, Holmen. These companies keep innovating and entering into strategic partnerships to retain their market share.

This report titled Paper Packaging Market, Global Forecast by Product (Liquid Packaging cartons, corrugated cases, Carton and Folding boxes, and others), Region (North America, Europe, Asia- Pacific, and ROW), End-Users (Food, Beverage, Healthcare, Personal and Homecare, and Others), Company Analysis (WestRock Inc., International Paper Company Inc., Packaging Corporation of America, Amcor Ltd, Mondi Group, Smurfit Kappa Group, DS Smith PLC, Holmen) provides a detailed analysis of global paper packaging market.

Product - Market has been covered from 4 viewpoints


1. Liquid Packaging carton
2. Corrugated cases
3. Carton and Folding boxes
4. Others

Region - Market has been covered from 4 viewpoints


1. North America
2. Europe
3. Asia-Pacific
4. Rest of the World

End Use - Market has been covered from 5 viewpoints


1. Food
2. Beverage
3. Healthcare
4. Personal and Homecare
5. Others

All the companies have been studied from 3 points


  • Overview
  • Recent Developments
  • Sales Analysis

Company Analysis


1. WestRock Inc.
2. International Paper Company Inc.
3. Packaging Corporation of America
4. Amcor Ltd
5. Mondi Group
6. Smurfit Kappa Group
7. DS Smith PLC
8. Holmen
5. Tereos Group
6. Atlia Group
7. Sudzucker AG
8. Global Bio-Chem Technology Group Company Limited
Frequently Asked Questions about the Global Paper Packaging Market

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

The Global Paper Packaging Market was estimated to be valued at $379.37 Billion in 2021.

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

The growth rate of the Global Paper Packaging Market is 4.6%, with an estimated value of $496.88 Billion by 2027.

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

The Global Paper Packaging Market is estimated to be worth $496.88 Billion by 2027.

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

Key companies in the Global Paper Packaging Market include WestRock Inc., International Paper Company Inc., Packaging Corporation of America, Amcor Ltd, Mondi Group, Smurfit Kappa Group and Holmen.

Table of Contents

Table of Contents:
1. Introduction2. Research & Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Paper Packing Market
6. Global Paper Packaging Market-Share Analysis
6.1 By Product
6.2 By Region
6.3 By End User
7. Global Paper Packaging Market by Product
7.1 Liquid Packaging carto
7.2 Corrugated cases
7.3 Carton and Folding boxes
7.4 Others
8. Global Paper Packaging Market by Region
8.1 North America
8.2 Europe
8.3 Asia-Pacific
8.4 Rest of the World
9. Global Paper Packaging Market by End Users
9.1 Food
9.2 Beverage
9.3 Healthcare
9.4 Personal and Homecare
9.5 Others
10. Merger & Acquisitions
11. Porter's Five Forces Analysis
11.1 Threat of New Entry
11.2 The Bargaining Power of Buyer
11.3 Threat of Substitution
11.4 The Bargaining Power of Supplier
11.5 Competitive Rivalry
12. Key Players Analysis
12.1 WestRock Inc.
12.1.1 Business overview
12.1.2 Recent Development
12.1.3 Sales Analysis
12.2 International Paper Company Inc.
12.2.1 Business overview
12.2.2 Recent Development
12.2.3 Sales Analysis
12.3 Packaging Corporation of America
12.3.1 Business overview
12.3.2 Recent Development
12.3.3 Sales Analysis
12.4 Amcor Ltd
12.4.1 Business overview
12.4.2 Recent Development
12.4.3 Sales Analysis
12.5 Mondi Group
12.5.1 Business overview
12.5.2 Recent Development
12.5.3 Sales Analysis
12.6 Smurfit Kappa Group
12.6.1 Business overview
12.6.2 Recent Development
12.6.3 Sales Analysis
12.7 DS Smith PLC
12.7.1 Business overview
12.7.2 Recent Development
12.7.3 Sales Analysis
12.8 Holmen
12.8.1 Business overview
12.8.2 Recent Development
12.8.3 Sales Analysis
List Of Figures:
Figure 01: Global - Paper Packing Market (Billion US$), 2016 - 2021
Figure 02: Global - Forecast for Paper Packing Market (Billion US$), 2022 - 2027
Figure 03: Product - Liquid Packaging carton Market (Billion US$), 2016 - 2021
Figure 04: Product - Forecast for Liquid Packaging carton Market (Billion US$), 2022 - 2027
Figure 05: Product - Corrugated cases Market (Billion US$), 2016 - 2021
Figure 06: Product - Forecast for Corrugated cases Market (Billion US$), 2022 - 2027
Figure 07: Product - Carton and Folding boxes Market (Billion US$), 2016 - 2021
Figure 08: Product - Forecast for Carton and Folding boxes Market (Billion US$), 2022 - 2027
Figure 09: Product - Others Market (Billion US$), 2016 - 2021
Figure 10: Product - Forecast for Others Market (Billion US$), 2022 - 2027
Figure 11: North America - Paper Packing Market (Billion US$), 2016 - 2021
Figure 12: North America - Forecast for Paper Packing Market (Billion US$), 2022 - 2027
Figure 13: Europe - Paper Packing Market (Billion US$), 2016 - 2021
Figure 14: Europe - Forecast for Paper Packing Market (Billion US$), 2022 - 2027
Figure 15: Asia-Pacific - Paper Packing Market (Billion US$), 2016 - 2021
Figure 16: Asia-Pacific - Forecast for Paper Packing Market (Billion US$), 2022 - 2027
Figure 17: Rest of the World - Paper Packing Market (Billion US$), 2016 - 2021
Figure 18: Rest of the World - Forecast for Paper Packing Market (Billion US$), 2022 - 2027
Figure 19: End Use - Food Market (Billion US$), 2016 - 2021
Figure 20: End Use - Forecast for Food Market (Billion US$), 2022 - 2027
Figure 21: End Use - Beverage Market (Billion US$), 2016 - 2021
Figure 22: End Use - Forecast for Beverage Market (Billion US$), 2022 - 2027
Figure 23: End Use - Healthcare Market (Billion US$), 2016 - 2021
Figure 24: End Use - Forecast for Healthcare Market (Billion US$), 2022 - 2027
Figure 25: End Use - Personal and Homecare Market (Billion US$), 2016 - 2021
Figure 26: End Use - Forecast for Personal and Homecare Market (Billion US$), 2022 - 2027
Figure 27: End Use - Others Market (Billion US$), 2016 - 2021
Figure 28: End Use - Forecast for Others Market (Billion US$), 2022 - 2027
Figure 29: WestRock Inc. - Global Revenue (Million US$), 2016 - 2021
Figure 30: WestRock Inc. - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 31: International Paper Company Inc. - Global Revenue (Million US$), 2016 - 2021
Figure 32: International Paper Company Inc. - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 33: Packaging Corporation of America - Global Revenue (Million US$), 2016 - 2021
Figure 34: Packaging Corporation of America - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 35: Amcor Ltd - Global Revenue (Million US$), 2016 - 2021
Figure 36: Amcor Ltd - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 37: Mondi Group - Global Revenue (Million US$), 2016 - 2021
Figure 38: Mondi Group - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 39: Smurfit Kappa Group - Global Revenue (Million US$), 2016 - 2021
Figure 40: Smurfit Kappa Group - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 41: DS Smith PLC - Global Revenue (Million US$), 2016 - 2021
Figure 42: DS Smith PLC - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 43: Holmen - Global Revenue (Million US$), 2016 - 2021
Figure 44: Holmen - Forecast for Global Revenue (Million US$), 2022 - 2027
List Of Tables:
Table 01: Global - Paper Packing Market Share by Product (Percent), 2016 - 2021
Table 02: Global - Forecast for Paper Packing Market Share by Product (Percent), 2022 - 2027
Table 03: Global - Paper Packing Market Share by Region (Percent), 2016 - 2021
Table 04: Global - Forecast for Paper Packing Market Share by Region (Percent), 2022 - 2027
Table 05: Global - Paper Packing Market Share by End Use (Percent), 2016 - 2021
Table 06: Global - Forecast for Paper Packing Market Share by End Use (Percent), 2022 - 2027

Companies Mentioned

  • WestRock Inc.
  • International Paper Company Inc.
  • Packaging Corporation of America
  • Amcor Ltd
  • Mondi Group
  • Smurfit Kappa Group
  • DS Smith PLC
  • Holmen

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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