Global Paper Packaging Market Size, Demand Forecasts, Industry Trends & Updates (2018-2025): A $384 Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 5, 2018--The “Global Paper Packaging Market - by Product, Industry Vertical, Region - Market Size, Demand Forecasts, Industry Trends and Updates (2018-2025)” report has been added to ResearchAndMarkets.com’s offering.
The global paper packaging market is $265.34 billion in 2018 and is estimated to reach $383.94 billion by 2025 growing at a CAGR of 5.42%.
Of the paper packaging market, paperboard is estimated to be the fastest growing market with a forecasted growth rate of 7.1% during the period 2018-2025. Moreover, it also leads the market having a share of 34% making it the point of focus for the suppliers.
Paper packaging has the highest market share of the total packaging market. Added to this, the demand for paper packaging will continue to witness growth over the forecast period.
APAC leads the market with a share of 32% and is expected to be the fastest growing market as well. Developing economies like India and China will drive the market for paper packaging segment, with applications across industries like healthcare, personal care, homecare, retail and others.
Drivers vs. ConstraintsConsumer Conscious on Sustainable Packaging Consumer Preference Raw Material Availability Deforestation
Industry Trends & UpdatesIncreasing Recycling Rate Improving Logistical Efficiency
With focus now shifting towards eco-friendly and sustainability, paper packaging is expected to gain traction with many countries pushing for paper packaging products over plastic packaging, which poses significant threat to environment.
Higher recycling demand will push the use of paper as packaging material further, with consumers and businesses looking for solutions which helps in cost reduction as well as helps in keeping environment safe, while keeping government regulations intact.
Companies ProfiledTetra Laval International Paper Company Rengo MeadWestvaco Corporation Graphic Packaging International Corporation Sappi Limited DS Smith Amcor Mondi Group OJI Paper Smurfit Kappa Metsa Group
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Paper Packaging Market Segmentation, Forecasts & Trends - by Products
6. Global Paper Packaging Market Segmentation, Forecasts & Trends - by Industry Verticals
7. Global Paper Packaging Market Segmentation, Forecasts & Trends - by Region
8. Global Vendor Market Share
9. Competition Analysis - Company Profiles
10. Investment Analysis
11. Future of the Paper Packaging Market
For more information about this report visit https://www.researchandmarkets.com/research/zn56th/global_paper?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181005005168/en/
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Related Topics:Paper and Board Packaging
INDUSTRY KEYWORD: MANUFACTURING PACKAGING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 10/05/2018 05:37 AM/DISC: 10/05/2018 05:37 AM