Paper Bottles Market Size And Forecast To 2029

The global paper bottles market size was valued at USD 59,245.1 million in 2022 and is poised to grow at a significant CAGR of 5.9% during the forecast period 2023-2029. Paper bottle demand is likely to rise as customers become more aware of the benefits of paper bottles versus plastic bottles. The growing desire for organic and eco-friendly materials is focusing attention on numerous shifts among packaging industry competitors. This is projected to revolutionise the packaging solutions used by numerous sectors such as cosmetics, e-commerce, healthcare, and alcohol, resulting in a variety of revenue potential for leading players in the global paper bottle market. Consumers' rising disposable income and willingness to spend more for environmentally friendly items are predicted to significantly drive market revenue growth.

View the detailed report description here - https://precisionbusinessinsights.com/market-reports/paper-bottles-market

The Bamboo Segment is Dominating the Paper Bottles Market:
The Bamboo segment is expected to account for a larger revenue share and the market is expected to grow at double-digit growth rate over the forecast years owing to antibacterial properties that make it perfect for use as an alternative to traditional plastics. Its natural antimicrobial properties help keep your bamboo water bottle safe from bacteria growth, so you don't need to worry about mold build-up like you would with a normal plastic container. as far as is it said that bamboo bottles support the repair and prevention of DNA damage caused by free radicals.

North America Leads Paper Bottles Market:
North America is expected to hold significant market share in the global Paper Bottles market and is projected to grow at on account of high public awareness regarding the conservation of environment, along with large number of NGOs working towards creating awareness in this direction. Along with this, the presence of major manufacturers of paper bottles is also estimated to boost the market growth.

Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:
Global Paper Bottles market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In 5th August 2020, Johnnie Walker Scotch Whisky is available in a form of a paper-based bottle. The bottle is "100% plastic-free" and produced "completely from sustainably sourced wood," according to Diageo, the multinational beverage alcohol company which owns the brand, Johnnie Walker.

The Paper Bottles market is segmented based on by bottle type, by raw material, by end-user and geography.

Based on the Bottle Type, the market is segmented into the following:
• Shampoo Bottles
• Soap Dispenser
• Air Freshener
• Water Bottle
• Others

Based on the by Raw Material, the market is segmented into the following:
• Wheat Straws
• Sugarcane
• Bamboo
• Others

Based on the by End-User, the market is segmented into the following:
• Food & Beverages
• Pharmaceutical
• Others

Based on Geography, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• MEA

Request sample report at https://precisionbusinessinsights.com/request-sample/?product_id=384572

Key player's profiles in the paper bottles market report are Paper Water Bottle, Choose Packaging, Frugalpac, ELOPAK Group, ABSOLUT, DIAGEO, Stora Enso, TIKKUM OALM MAKERS, SIG Combibloc Group Ltd., 3EPack Group, BioPak, Tetra Pak, Ecological Brands Inc., Billerudkorsnas, Paboco.

Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 85278174

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet particular research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

This release was published on openPR.