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How Virgin Paper Packaging Market Growing Rapidly...? Top Manufacturers Stora Enso, WestRock Company, ITC Ltd., Gascogne Papier, JK Paper Ltd., KapStone Paper

Virgin Paper Packaging Market

Virgin Paper Packaging Market

Virgin Paper Packaging Market size is projected to witness a significant growth in the forecast period. Paper packaging industry has observed a considerable growth over the past few years due to the preference of high quality packaging and awareness about environment friendly packaging materials. Customized packaging has attracted the end-use industries which will accelerate the market growth.

Virgin Paper Packaging Market is a substitute for plastics which makes it a preferred choice for packaging industry. High quality packaging for branded products has added to the demand for virgin paper packaging. Another factor which has propelled the demand of the product market is the cost involved in recycling of paper. Without the use of virgin fibers from trees, the paper cycle maintenance is difficult as recycled fibers degrade after some time. This has upscaled the demand for the product in the market.

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Virgin paper also referred as regular paper is made from fresh cut trees. To manufacture one ton of chemical pulp for virgin paper, more than four tons of trees are required on an average. Virgin fibers can be obtained from alternative fibers and agricultural by-products. Paper manufacturing needs continual infusion of fresh virgin fibers as the recycled fibers fray from repeated use. Virgin paper is a high-quality material used for packaging as it has high strength, better opacity and printability.

It is primarily manufactured with the pulp of fir, pine or spruce without using any recycled content. Virgin fibers are necessary to replace recovered fiber loss during deinking process and to maintain characteristics such as brightness in paper grades. Virgin containerboard is used in corrugated packaging.

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Virgin Paper Packaging Market can be segmented on the basis of type, end-use industries and regions. Based on type, the product industry can be divided into semi-extensible kraft paper, fully-extensible kraft paper, high performance kraft paper. Based on end-use industries, the market can be segmented into food & beverage, chemicals, construction materials, automotive, electronics and animal feed.

Based on region, Virgin Paper Packaging Market can be segmented into Europe, Asia Pacific, Latin America, North America and Middle East & Africa. North America has dominated the product market due to the high disposable income of consumers. Europe and Asia Pacific are likely to witness a considerable growth owing to the development in emerging economies and companies investing more in eco-friendly packaging techniques. Latin America and Middle East & Africa are likely to observe a decent growth due to the growing environmental concerns.

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Some of the major competitors in this industry are Stora Enso, WestRock Company, ITC Ltd., Gascogne Papier, JK Paper Ltd., KapStone Paper and Packaging Corporation, Natron-Hayat d.o.o., Horizon Pulp & Paper Ltd., Cascades Inc., Mondi plc, etc.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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