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North America Paper Packaging Market: Valued at US$ 48.14 Bn in 2023, Projected to Grow at a 5% CAGR

08-29-2024 02:19 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: STELLAR MARKET RESEARCH

North America Paper Packaging Market

North America Paper Packaging Market

Anticipated Growth in Revenue:

North America Paper Packaging Market was valued at US$ 48.14 Bn. in 2023. Global North America Paper Packaging Market size is estimated to grow at a CAGR of 5%.

North America Paper Packaging Market Overview:

The North America paper packaging market is expected to grow at a rate of 5% CAGR during the forecast period, thanks to deployment of paper by host of players operating in the country.



The paper packaging sector is getting more attention and society tries to achieve a more circular economy. In the North America, Consumers are becoming more aware of available packaging choices, which is turning to influence packaging decisions by businesses mainly in retail sector. U.S. consumers are becoming increasingly aware of the environmental impacts of their packaging choices. consumers are concerned with the impacts of their packaging choices and prefer paper-based packaging is better for the environment.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/North-America-Paper-Packaging-Market/158

What are North America Paper Packaging Market Dynamics?

In the pandemic period, when physical stores were closed, the boom in online shopping resulted in record numbers of paper packages on consumers' doorsteps. An increase in awareness of the materials used to package and ship products, and the impact those materials on the environment are expected to drive the growth of North America paper packaging market. In the North America, Consumers are preferring paper/cardboard packaging on other environmental attributes, which are home compostable and easier to recycle. Brands and retailers are playing vital role in driving innovation and the use of recyclable packaging. An increase in consumer pressure to operate more sustainably, retailers are shifting their packaging solution from plastic to paper packaging.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/North-America-Paper-Packaging-Market/158

What is North America Paper Packaging Market Regional Insight?

In the United States, more than 60% of all communities collect and recycle paperboard packaging. Key players operating in the market are focusing on introducing recyclable paper board products. For instance, Cascades company has launched a cardboard tray made from recyclable fibers. In the USA, more than 66% of paper-based packaging and nearly 89% of corrugated cardboard gets recycled into new products. The recycling rates are expected to increase because of the paper packaging industry is increasing its investment in the recycling infrastructure.

What is North America Paper Packaging Market Segmentation?

By Product



Residential
Commercial
Industrial
By End User

Fixed
Portable
Country Scope

United States
Canada
Mexico
๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/North-America-Paper-Packaging-Market/158

Some of the current players in the North America Paper Packaging Market are:

โ€ข International Paper Company
โ€ข WestRock Company
โ€ข Cascades Inc.
โ€ข Packaging Corporation of America
โ€ข Graphic Packaging International
โ€ข Sonoco Productions Compnay
โ€ข Canada Paper and Packaging Co. Ltd.
โ€ข Paper Packaging Canada
โ€ข Sealed Air Corp.
โ€ข Proampac
โ€ข Lancaster Packaging
โ€ข Nichols Paper Co., Inc.

Key Offerings:

Past Market Size and Competitive Landscape
North America Paper Packaging Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
North America Paper Packaging Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Explore our top-performing reports on the latest trends:

North America Furniture Market https://www.stellarmr.com/report/North-America-Furniture-Market/507

Europe Furniture Market https://www.stellarmr.com/report/Europe-Furniture-Market/511

Fastener Market https://www.stellarmr.com/report/Fastener-Market/1375

Denmark Fast Food Market https://www.stellarmr.com/report/Denmark-Fast-Food-Market/655

Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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