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Paper Packaging & Paperboard Packaging Market worth $213.4 Billion by 2020 | Major Players are Amcor Ltd. (Australia), ITC Ltd. (India), Cascades Inc. (Canada),RockTenn Company (U.S.), Clearwater Paper Corporation (U.S.), Packaging Corporation of America

02-17-2021 02:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets.com

Paper Packaging & Paperboard Packaging Market worth $213.4

The report “Paper Packaging & Paperboard Packaging Market by Grade (SBS, CUK, FBB, WLC, Glassine & Greaseproof, Label Paper), Application (Food, Beverage, Healthcare, Personal & Home Care), Type (Corrugated Box, Boxboard, Flexible Paper) - Trends & Forecast to 2020” defines and segments the global paper & paperboard packaging market with analyses and forecast of the global market size for paper & paperboard packaging. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, burning issues, winning imperatives, and challenges.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23392290

The market is segmented on the basis of application, grade of paper & paperboard, type of packaging and major regions such as North America, Europe, Asia-Pacific, and Rest of the World (RoW), and is forecasted till 2020. Major countries in all the regions have been considered for the study.

The paper & paperboard packaging market is end-user oriented. It has shown moderate growth after the economic slowdown from 2007 to 2009. This market is mostly driven by the switch in packaging solutions from plastic packaging to paper & paperboard packaging. With the increasing problems of landfill and non-biodegradable or very slow degradation of plastic & metal packaging, paper & paperboards are the preferred manufacturers. The eco-friendly appeal of paper has helped in acceptance and penetration in the global market. A lot of innovations in designs & technological advancements have been witnessed by the industry in the last decade, which has helped in entering new segments such as, frozen foods, multi-pack beverage holders, recycled paperboard for packaging of dry food, and healthcare products.

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The paper & paperboard packaging market is projected to reach $213.4 Billion by 2020, at a CAGR of 3.5% from 2015 to 2020. Asia-Pacific is estimated to grow the fastest in the review period, because of the increasing demand of convenience food, better health & personal care products. The developing economies also have a direct impact on paper & paperboard packaging industry because of the increasing disposable income of the citizens.

The paper & paperboard packaging market is marked with intense competition due to the presence of a large number of players. The market for this industry is highly unorganized because of the small- and medium- manufacturers and converters. New product launches, mergers & acquisitions, partnerships, and expansions are the key strategies adopted by market players to ensure their growth in the market. The key players in the market are Amcor Ltd. (Australia), ITC Ltd. (India), Cascades Inc. (Canada),RockTenn Company (U.S.), Clearwater Paper Corporation (U.S.), Packaging Corporation of America (U.S.), DS Smith Plc. (U.K.), Mondi Group (South Africa), and Metsa Group (Finland).

Scope of the Report :
This research categorizes the global paper & paperboard packaging market based on grade, application, type and region:

Based on Grade:
• Solid Bleached Sulfate (SBS)
• Coated Unbleached Kraft Paperboard (CUK)
• Folding Box Board (FBB)
• White Line Chipboard (WLC)
• Glassine & Greaseproof Paper
• Label Paper
• Others (Liquid Packaging grade, parchment paper, vegetable paper, and filter paper)

Based on Application
• Food
• Beverages
• Healthcare
• Personal & Homecare
• Others (Education & Stationary, Construction)

Based on Type
• Corrugated Box
• Boxboard
• Flexible Paper Packaging

Based on Region:
• North America
• Europe
• Asia-Pacific
• Rest of the World (RoW)

Get 10% Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=23392290

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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