The Global Paperboard Packaging Market is forecast to reach USD 262.60 Billion by 2027, according to a new report by Reports and Data. The market is witnessing a surge in demand owing to the manufacturing industries in the developing economies for the use of paperboard packaging. Moreover, the growing awareness among customers for the sustainable packaging material with the reusability of paperboard packaging is fostering the market demand. However, the usage plastics due to its cost-effective, durable, and reusable properties are hampering the market demand.
Rapid urbanization has changed the lifestyle of the people and, in turn, has increased the prevalence of packaging over a broad aspect, thus, augmenting the demand for the market product. The advent of the concept of using paperboard packaging in food beverage industry as recycled waste paper, which is due to the food packaging standards, use of recycled waste paper prohibited for the packaging of food items for maintaining the food safety standards in the market are restraining the demand for paperboard packaging.
The advent of the use of paperboard packaging backend by various government awareness schemes in nations such as India are creating a demand for the use of paperboard in the packaging market. The Asia Pacific region is forecasted to grow with the highest growth rate in the forecast period owing to the increase in the use of paperboard packaging and the rise in the number of people opting for the manufacturing of paperboards.
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Market Overview:
A rapidly increasing global population, a significant increase in consumer goods demand worldwide, increased development of advanced and environmentally friendly packaging materials, a focus on reducing carbon emissions, and the introduction of environmentally sustainable packaging solutions all play a key role in driving revenue growth in the global packaging industry. Retail e-commerce, food beverage, consumer electronics, pharmaceutical, and others are among the industries that are requiring environmentally sustainable packaging solutions. Increasing research development activities for advanced and environmentally sustainable packaging techniques, rapid growth of the manufacturing industry, increasing imports and exports of consumer goods around the world, and increases in government investment in the transportation and logistics industry are some of the major factors contributing to the growth of the global packaging industry. The development of cold chain logistics infrastructure and technological advances are also major factors driving growth in the global packaging market. It is projected that the Paperboard Packaging market will reach USD XX billion in 2027, registering a strong revenue CAGR of XX%.
Some of the Leading Market Players Are Listed Below:
- Nippon Paper Industries,
- ITC Limited,
- Mondi plc,
- Metsä Group,
- International Paper Company,
- Oji Holding Corporation,
- Smurfit Kappa Group,
- Svenska Cellulosa Aktiebolaget (SCA),
- Stora Enso Oyj
- Outlook Group LLC
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The Global Paperboard Packaging Market Is Segmented Into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Market Segmentation:
Raw Materials Outlook (Revenue, USD Billion; 2017-2027)
- Fresh Sources
- Recycled Waste Paper
Product Outlook (Revenue, USD Billion; 2017-2027)
- Boxboard
- Solid Unbleached Board
- Solid Bleached Board
- White Lined Chipboard
Application Outlook (Revenue, USD Billion; 2017-2027)
- Food Beverage
- Non-Durable Goods
- Durable Goods
- Medical
Some Points on How the Report Benefits Readers:
- Deep-dive analysis of the key drivers, opportunities, and restraints.
- Qualitative and quantitative analyses of the global Paperboard Packaging market.
- Comprehensive analysis of the key regional markets and their respective revenue CAGRs.
- Precise evaluation of each regional market’s production consumption capacities.
- An overview of the highly competitive environment of the Paperboard Packaging industry and company overviews.
- Focus on the key strategies implemented by the key market players, such as partnerships, collaborations, acquisitions, new product launches, and various other strategies.
Table of Contents (ToC) – Global Paperboard Packaging Market
Chapter 1. Methodology Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary Sources
1.4.2. Secondary Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2023-2027
Chapter 3. Key Insights
Chapter 4. Global Pharma Healthcare Market Segmentation
4.1. Global Pharma Healthcare Market COVID-19 Impact Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.3. Market restraints analysis
4.3. Technological Insights
4.4. Porter’s Five Forces Analysis
4.5. Regulatory Framework
4.6. Price trend Analysis
4.7. Competitive Metric Space Analysis
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