Press release
North America Paper Packaging Market: Valued at US$ 48.14 Bn in 2023, Projected to Grow at a 5% CAGR
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.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: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.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐: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
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! 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:
โข International Paper Company
โข WestRock Company
โข Cascades Inc.
โข Packaging Corporation of America
โข Graphic Packaging International
โข Sonoco Productions Compnay
โข Canada Paper and Packaging Co. Ltd.
โข Paper Packaging Canada
โข Sealed Air Corp.
โข Proampac
โข Lancaster Packaging
โข 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:
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sales@stellarmr.com
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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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