DUBLIN--(BUSINESS WIRE)--Jul 30, 2018--The “Global Paper Packaging Market - Segmented by Product Type (Paperboard, Container Board, Corrugated Board), Industry Vertical (Personal Care, Home Care, Healthcare) and Region - Growth, Trends and Forecasts (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
In 2017, the global paper packaging market was valued at USD 64.4 billion and is expected to reach a value of USD 82.4 billion by 2023, registering a CAGR of about 4.19% during 2018-2023.
The attributes, like light weight, biodegradability, and recyclability, are the advantages of paper packaging that make them an essential component in today’s modern life. Paper packaging is a versatile and cost-efficient method to protect, preserve, and transport a wide range of products.
The environment-friendly packaging solutions have become a norm rather than an exception for packaging companies across the world. Profound changes in corporate standards, governmental policies, trade regulations, and consumer tastes have led to a paradigm shift toward eco-friendly solutions in the packaging market. France has banned the use of plastic bags since July 2016.
A fierce competition exists between the quality-product providers in the food market. Due to this parameters, manufacturers in the food market are continuously making and delivering high-quality products. The increase in the number of hypermarkets and supermarkets is expected to be one of the key factors driving the growth of the paper and paperboard containers and packaging market over the coming years.
Companies MentionedWestRock International Paper Company Kapstone Evergreen Packaging Corporation of America Amcor Ltd. Mondi Group Sappi Ltd. DS Smith Sonoco Corporation Clearwater Inc. Carauster Industries Inc. Tetra PaK
Key Topics Covered:
2. Research Approach and Methodology
3. Market Insights
4. Market Dynamics
5. Technology Snapshot
6. Global Paper Packaging Market Segmentation
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future of the Global Paper Packaging Market
For more information about this report visit https://www.researchandmarkets.com/research/wzz84t/global_paper?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005410/en/
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Related Topics:Medical Devices,Paper and Board Packaging
INDUSTRY KEYWORD: MANUFACTURING PACKAGING NATURAL RESOURCES FOREST PRODUCTS
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 07/30/2018 09:39 AM/DISC: 07/30/2018 09:39 AM