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Global Paper & Paperboard Packaging Market Forecast 2019: Opportunity and Growth Analysis - Dominated By Amcor, Cascade Inc., Clearwater Paper Corporation, DS Smith, International Paper, Metsä Group, Mondi Group

05-30-2019 02:06 PM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

Global Paper & Paperboard Packaging Market Forecast 2019

Global Paper & Paperboard Packaging Market Forecast 2019

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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Global paper & paperboard packaging is the most promising market research report which has been framed in the way you foresee. As today’s businesses insist the market research analysis before taking any verdict about the products, opting such market research report is essential for the businesses. This paper & paperboard packaging market research report deals with an array of important market related aspects which can be listed as follows; market size estimations, company and market best practices, entry level strategies, market dynamics, positioning, segmentations, competitive landscaping and benchmarking, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, and in-depth benchmarking of vendor offerings.

Key Market Competitors:
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:

• 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.

Market Drivers:

• 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:

• 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 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.

Inquire Regarding This Report @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-paper-paperboard-packaging-market

Key Insights in the report:

• Complete Market analysis and forecasting
• Market Definition, understanding the concept of paper & paperboard packaging
• Market Drivers and Restraints of the industry
• Market Segmentations and market share divided amongst them
• Key Players in the market and their analysis

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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