Press release
United States Paper Packaging Market Size, Trends, Demand, Growth, Report Outlook 2023-2028
IMARC Group has recently released a new research study titled "United States Paper Packaging Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.How big is the United States paper packaging market?
The United States paper packaging market size reached US$ 79.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 91.2 Billion by 2028, exhibiting a growth rate (CAGR) of 2.2% during 2023-2028.
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What is paper packaging?
Paper packaging refers to a cost-efficient and versatile method of protecting, transporting, and preserving items using rigid and flexible packing materials. It is usually highly durable, versatile, lightweight, and recyclable and is widely available in numerous shapes, sizes, and colors, depending on the end users requirement. Therefore, this versatile method finds wide applications in the food and beverage (F&B), retail, cosmetics, and healthcare industries across the country.
What are the growth prospects and trends in the industry?
The escalating demand for environment-friendly packaging solutions, on account of the increasing environmental concerns, is primarily driving the United States paper packaging market. Furthermore, the elevating requirement for secondary and tertiary packaging products, owing to inflating sales through online shopping platforms and the expanding e-commerce sector, is also augmenting the market growth.
Apart from this, the launch of stringent policies by the US Government to promote the use of paper-based packaging materials to minimize pollution and toxin levels in the atmosphere and the rising need for sustainable packaging solutions are positively influencing the market growth across the country. Moreover, the expanding food and beverage (F&B) sector is further bolstering the market growth. Besides this, the growing usage of food-grade paper packaging items to retain the nutrient content and maintain the quality of the food contents is acting as another significant growth-inducing factor.
Additionally, the introduction of several innovations to enhance the efficiency of the product and to produce visually appealing variants by leading manufacturers is expected to drive the United States paper packaging market in the coming years.
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What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
• Corrugated Boxes
• Folding Boxes and Cases
• Liquid Paperboard Cartons
• Paper Bags and Sacks
• Others
Breakup by Grade:
• Solid Bleached
• Coated Recycled
• Uncoated Recycled
• Others
Breakup by Packaging Level:
• Primary Packaging
• Secondary Packaging
• Tertiary Packaging
Breakup by End Use Industry:
• Food
• Beverages
• Personal Care and Home Care
• Healthcare
• Others
Breakup by Region:
• Northeast
• Midwest
• South
• West
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=3328&flag=C
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com/
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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