Paper Packaging Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (Corrugated Box, Paperboard, Paper Bags and Sacks), By Paper (Asphalt Paper, Water Strength Paper, Parchment Paper, Kraft Paper), By Industry Vertical (Food & Beverage, Healthcare, Personal & Homecare, Others), And By Geography - Forecasts From 2023 To 2028

The paper packaging market is projected to grow at a CAGR of 3.12% to reach US$278.222 billion in 2023 from US$231.452 billion in 2017. The growing environmental concerns regarding plastic-based packaging have led to the increasing adoption of paper packaging solutions across industry verticals. The rapid growth of the e-commerce industry is also fueling demand for these packaging solutions. Moreover, recent initiatives by the government to raise awareness about the benefits of paper-based packaging are also fuelling the adoption of these packaging solutions. This research study examines the current market trends related to demand, supply, and sales, in addition to recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the paper packaging value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and more efficient understanding of the paper packaging market.

Major industry players profiled as part of the report are Amcor Limited, DS Smith PLC, Mondi PLC, and ITC Limited among others. 

Segmentation

The paper packaging market has been analyzed through the following segments:

• By Type

• Corrugated Box
• Paperboard
• Paper Bags and Sacks

 

• By Paper

• Asphalt Paper
• Water Strength Paper
• Parchment Paper
• Kraft Paper

 

• By Industry Vertical

• Food & Beverage
• Healthcare
• Personal & Homecare
• Others

 

• By Geography

• North America

•  USA
•  Canada
•  Mexico
•  Others

 

• South America

•  Brazil
•  Argentina
•  Others

 

• Europe

•  Germany
•  France
•  United Kingdom
•  Spain
•  Others

 

• Middle East and Africa

•  Saudi Arabia
•  Israel
•  Others

 

• Asia Pacific

•  China
•  Japan
•  South Korea
•  India
•  Others

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1. INTRODUCTION

Amcor Limited

International Paper

Packaging Corp. of America

Asia Pulp & Paper

DS Smith PLC