Press release
Recycled Paper Packaging Market - Eco-friendly Products Being the Primary Preference; Key factors to watch out for!
Recycled paper packaging is expected to find major applications in the food and beverages industry. Thus, the growth of the industry, in turn, is expected to drive growth of the recycled paper packaging market over the forecast period. Besides, the increasing consumer awareness pertaining to use of recycled products is anticipated to further boost the demand for recycled paper packaging products, thereby driving growth of the market over the forecast period. Moreover, the increasing awareness about the hazardous effects of plastic waste accumulation is also projected to be a major reason for growth of recycled paper packaging market over the forecast period. The increasing government initiatives and support for the use of recycled products is also expected to be a major factor boosting growth of the recycled paper packaging market further.Threat form new entrants in estimated to be a major challenge for the existing players in the recycled paper packaging market. Major players in the recycled paper packaging market are entering into mergers and acquisitions to sustain and expand their position in the market.
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Recycled Paper Packaging Market: Segmentation
The global recycle paper packaging market is segmented based on product type into:
Corrugated case
Liner grades
Medium grades
Dual-use grades
Specialty papers
The global recycled paper packaging market is segmented based on end use industry into:
Healthcare
Food and beverages
Electronics
Construction
Sports
Personal care products
Others
Recycled Paper Packaging Market: Region – wise outlook
The global recycled paper packaging market is segmented into seven key regions on the basis of geography, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, the Middle East and Africa, and Japan. North America is expected to account for a major share of the global recycled paper packaging market over the forecast period. Asia Pacific is expected to be the fastest growing market in the global recycled paper packaging market over the forecast period. On the basis of country, China is expected to constitute a major share of the global recycled paper packaging market over the forecast period. The increasing consumer awareness pertaining to use of recycled products in the country is expected to drive demand for recycled paper packaging in China.
Recycled Paper Packaging Market: Major key players
Some of the key market players identified in the global recycled paper packaging market are
DS Smith
Pratt Industries, Inc.
Tetra Pak
Ecocern
International Paper
Sealed Air
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections done using a suitable set of assumptions and methodologies. The research report provides analysis and information on the basis of market segments such as geography, technology, and applications.
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