Paper and Paperboard Packaging Market Key Players Analysis- Amcor Plc, DS Smith, International Paper, Mondi Group, Westrock Company.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Paper and Paperboard Packaging Market Size, Share & Trends Analysis Report By Grade (Solid Breached Sulfate, Coated Unbleached Kraft Paperboard, Folding Boxboard, White Lined Chipboard, Glassine & Greaseproof Paper, Label Paper), Type (Corrugated Box, Boxboard, Flexible Paper) Application (Food, Beverage, Healthcare, Personal & Homecare)- Market Outlook And Industry Analysis 2034"

The Global Paper and Paperboard Packaging Market Size is valued at 213.47 billion in 2024 and is predicted to reach 347.35 billion by the year 2034 at a 5.1% CAGR during the forecast period for 2025-2034.

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Paper and paperboard packaging has become an essential component of everyday products, even for minor applications. Its production process is relatively straightforward and requires minimal initial investment. Paper packaging involves the use of paper as an external layer to protect, store, and transport goods.

The growth of the paper and paperboard packaging market is primarily driven by increasing demand for paperboard packaging boxes in the healthcare sector, heightened awareness regarding sustainable packaging materials, and the growing adoption of eco-friendly solutions. The food industry's increasing reliance on paper-based packaging further contributes to market expansion.

Additionally, mounting concerns over the environmental impact of plastic materials are encouraging e-commerce companies to transition from flexible plastic packaging to paper-based alternatives, which is expected to accelerate the growth of the paper and paperboard packaging market.

List of Prominent Players in the Paper and Paperboard Packaging Market:
• Amcor Plc
• Atlantic Packaging
• Cascades Inc.
• Clearwater Paper Corporation
• DS Smith Plc.
• Fedrigoni S.P.A.
• Georgia-Pacific
• International Paper Company
• ITC Limited
• Mayr-Melnhof Karton AG
• Metsa Group
• Mondi Group
• Nippon Paper Industries Co. Ltd.
• Oji Holdings Corporation
• Packaging Corporation of America
• Rengo Co., Ltd.
• Shandong Bohui Paper Company Ltd.
• Smurfit Kappa Group Plc.
• Sonoco
• South Africa Pulp and Paper Industries Ltd.
• Stora enso Oyj
• Svenska Cellulosa Aktibolaget
• UPM
• Westrock Company

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Market Dynamics
Drivers:
The increasing preference for environmentally friendly packaging solutions is driving the demand for paper and paperboard packaging. Consumers are showing a growing interest in purchasing recycled products, contributing to the expansion of the waste and recovered paper market. Paper and paperboard containers are biodegradable and more sustainable than plastic alternatives, making them increasingly attractive to consumers. As a result, the environmental advantages associated with paper and paperboard containers are expected to boost adoption across various industries, including retail and wholesale, thereby driving growth in the global paperboard packaging market.

Challenges:
Flexible plastic packaging remains highly advantageous for manufacturers and retailers due to its ability to reduce packaging weight, which lowers shipping and warehousing costs while maximizing storage efficiency. Additionally, flexible packaging offers consumer-friendly features such as single-serve portions, easy-open designs, and resealable options. Food products often retain better taste in retort pouches compared to traditional tin cans. The convenience, portability, cost efficiency, and enhanced consumer experience associated with flexible packaging are encouraging manufacturers and packaging providers to shift from traditional rigid materials to flexible options. The increasing preference among modern consumers for convenience and portability has driven a trend toward flexible, easy-to-handle packaging designs.

Regional Trends:
The Asia Pacific paper and paperboard packaging market is anticipated to secure a significant revenue share and exhibit strong growth over the forecast period. This expansion is primarily driven by the rapidly growing food and beverage sector in India and China, supported by rising population levels and increasing demand for food products. The region is also attracting substantial foreign investment and witnessing the entry of multinational brands seeking to capitalize on its market potential.

Germany has experienced notable growth in paper and paperboard packaging due to heightened consumer interest in recycling and reducing plastic use. This shift toward sustainable packaging solutions is contributing to the expansion of the paper and paperboard packaging market in the region.

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Recent Developments:
• In November 2021, Nippon Paper Industries Co., Ltd. announced price increases in the domestic market for printing, communication, and industrial paper to all of its agencies. As a result, the company's revenue has increased in the long run.

Segmentation of Paper and Paperboard Packaging Market-
By Grade-
• Solid breached sulfate
• Coated unbleached kraft paperboard
• Folding boxboard
• White lined chipboard
• Glassine & greaseproof paper
• Label paper
• Others
By Type-
• Corrugated box
• Box board
• Flexible paper
By Application-
• Food
• Beverage
• Healthcare
• Personal & Healthcare
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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This release was published on openPR.