Global Paper & Paperboard Packaging Market 2018 Analysis By Companies like like Amcor, Cascade Inc., Clearwater Paper Corporation, DS Smith, International Paper, ITC Limited, Metsä Group, Mondi Group, Packaging Corporation of America

Material and packaging INDUSTRY IS CHANGING because of the change in the Paper & Paperboard Packaging Market that are happening due to some key players and brands who are dominating the market in the forecast period of 2018 to 2025.This report is a window to the Paper & Paperboard Packaging Market which explains what market definition, classifications, applications, engagements and market trends are. The report also contains the drivers and restrains for the Paper & Paperboard Packaging Market that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, merges and accusations by the several key players and brands that are driving the market are by systemic company profiles.

The Global Paper & Paperboard Packaging Market is expected to reach USD 254.8 billion by 2025, from USD 192.1 billion in 2017 growing at a CAGR of 3.6% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Market Definition: 

Paper and paperboard are specifically manufactured from wood pulp. There is no such significant difference between paper and paperboard except that paperboard is thick in size compared to paper. Moreover, paperboard is strong, versatile, lightweight, cost-effective and can be easily cut which makes it suitable for packaging. It is also used to cover books, magazines, postcards, and many other items. In the food industry, the paper and paperboard packaging is used to pack fruits, vegetables, ice-cream, meat, etc. One of the major advantages of paper is that it can be easily recycled and hence it is expected to fuel the demand in near future. The rising demand for packaging material in food and beverage industry is also driving the market. To address the concern of eco-friendly packaging material, several manufacturers are investing in new materials and water technologies also. The growing demand for cost-effective paperboard container for food and beverages is also playing a major role in demand for paper and paperboard trays. These containers offer many benefits to end use industries such as thermal stability, retail differentiation, and moisture content. According to American forest and paper association, the usage of paper products has increased from 92 million tons to 208 million tons in last 20 years. Hence with the increasing demand of paper in packaging industry, the market is expected to grow on a good scale.

Market Drivers:

Increasing sustainable packaging material awareness among customers
Growing need of paper and paper board recyclability

Market Restraint:

Removal of plastic packaging material for food industry in developing countries
Use of eco-friendly packaging solutions

Key Market Competitors: 

The key players operating in the global paper & paperboard packaging market are –

Amcor Limited,
Cascades Inc.,
Clearwater Paper Corporation,
DS Smith,
International Paper,
ITC Limited (India),
Metsa Group (Finland),
Mondi Group (Austria),
Packaging Corp. of America (U.S.),
Rocktenn Company (U.S.),
Nippon Paper Industries Co. Ltd.(Japan),
Sappi Limited(South Africa),
Smurfit Kappa Group plc(Ireland),
Stora Enso(Finland),
Svenska Cellulosa Aktiebolaget (Sweden),
Brodrene Hartmann (Denmark),
UFP Tech nologies (U.S.),
Henry Molded Products (U.S.),
Pactiv LLC (U.S.),
Orcon Industries (New York),
Fibercel Packaging LLC (U.S.)

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Segmentation:
By Grade
• Solid bleached sulphate board
• Coated unbleached kraft board
• Folding boxboard
• White lined chipboard
• Glassine & greaseproof
• Label paper
• Others
By Type
• Corrugated box
• Boxboard
• Flexible paper packaging
By Application
• Food
• Beverage
• Healthcare
• Personal & homecare
• Others
By Geography
• Asia Pacific
o China
o South Korea
o Japan
o India
o Australia
o Singapore
o Thailand
o Indonesia
o Malaysia
o Philippines
o Rest of Asia-Pacific
• North America
o US
o Canada
o Mexico
• Europe
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Spain
o France
o Germany
o Italy
o UK
o Rest of Europe
• South America
o Brazil
o Rest of south America
o Middle East & Africa
o South Africa
o Rest of MEA

Competitive Analysis:

The global paper & paperboard packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Catalyst Carriers Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa. For instance, in September 2017, ProAmpac acquired PolyFirst Packaging, which is specialized in printed and customized roll stock and many types of plastic pouches and bags. This acquisition will lead to business growth of the company in different regions.

Key Insights in the report:

Historical and current market size and projection up to 2025
Market trends impacting the growth of the global paper & paperboard packaging market
Analyze and forecast paper & paperboard packaging market on the basis of grade, type and application
Trends of key regional and country-level markets for grade, type and application
Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

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This release was published on openPR.