Paper & Paperboard Packaging Market 2019: Growth Outlook and Opportunities By Amcor, Cascade Inc., Clearwater Paper Corporation, DS Smith, International Paper, ITC Limited, Metsä Group, Mondi Group, Packaging Corporation of America, Rock-Tenn Company

Global Paper & Paperboard Packaging report introduces the information and data for noteworthy, most up to date and constant market knowledge which makes it simple to take basic business choices. These worldwide players are progressively concentrating on growing their topographical nearness and they have tremendous creation offices situated over the world. A few sellers are progressively contending with one another dependent on elements, for example, advancements, cost, and nature of the item.

With all the data congregated and explored utilizing SWOT analysis, there is a lively image of the focused situation of the Materials & Packaging Market. The Paper & Paperboard Packaging report uncovers the opportunities for the future market and highlights the threats as well. The developments and impediments of the Materials & Packaging market are analyzed in this Paper & Paperboard Packaging report. This extremely beneficial market report utilizes essential techniques to discover the size and shipper scene through discussing various business segments. Analysts get information utilizing a blend of bottom-up and top-notch approaches.

Market Analysis : Global Paper & Paperboard Packaging Market

Global Paper & Paperboard Packaging Market is expected to rise from its initial estimated value of USD 199.01 billion in 2018 to an estimated value of USD 264.09 billion by 2026, registering a CAGR of 3.6% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising levels of sustainable packaging methods and materials.

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Key Market Competitors: Global Paper & Paperboard Packaging Market

Few of the major competitors currently working in the paper & paperboard packaging market are Amcor Limited, Cascades inc., Clearwater Paper Corporation, ProAmpac, DS Smith, International Paper, ITC Limited, METSÄ GROUP, Mondi, Packaging Corporation of America, WestRock Company, NIPPON PAPER INDUSTRIES CO. LTD., Smurfit Kappa, Stora Enso, Svenska Cellulosa Aktiebolaget SCA (publ), Sappi, Brødrene Hartmann A/S, UFP Technologies Inc., Pactiv LLC, Henry Molded Products Inc., Orcon Industries, and FiberCel.

Key Developments in the Market: Global Paper & Paperboard Packaging Market

In November 2018, WestRock Company announced the acquisition of KapStone Paper and Packaging Corporation. This acquisition enhancing the product portfolio and servicing capabilities of WestRock Company.

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 the business growth of the company in different regions.

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Market Drivers: Global Paper & Paperboard Packaging Market

Increasing sustainable packaging material awareness among customers is expected to drive the market growth

Growing need of paper and paper board recyclability is also expected to drive the market growth

Market Restraints: Global Paper & Paperboard Packaging Market

Removal of plastic packaging material for food industry in developing countries is expected to act as a restraint to the market growth

Use of eco-friendly packaging solutions is also expected to restrain the market growth

Competitive Analysis: Global Paper & Paperboard Packaging Market

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 paper & paperboard packaging market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Segmentation: Global Paper & Paperboard Packaging Market

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

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