Paperboard packaging
is used to provide packaging solutions, largely to the consumer
products. Demand for paper and paperboard packaging solutions is
increasing in specific set of application areas, whereas paperboard
packaging demand registered impasse growth. Paper and paperboard
packaging solutions have extensive applications across several
industrial verticals from healthcare to food and beverages industry
and personal care to home care. Additionally, these packaging
solutions are used in sectors such as freight & carrier,
education and stationary, and construction. Furthermore, paper and
paperboards are also used to make packaging labels, boxes, cartons
and cardboard boxes.
Companies engaged in
paper and paperboard packaging solution are widening their offering
from core product to consulting services to the end users for picking
out the most effective packaging solution as per consumer
requirements. The need for such strategy is largely due to stagnate
growth in the traditional paper and paperboard manufacturing
industry. In the food industry, the paper and paperboard packaging is
used to pack fruits, vegetables, ice-cream, meat, etc. In the
beverage industry, the paper and paperboard packaging technique is
used to package milk, juices, etc., whereas, in the healthcare
industry, the packaging technique is used in packing pharmaceutical
products, medicines, etc.
Global Paper &
Paperboard Packaging Market : Segmentation
The Global
Paper & Paperboard Packaging
Market is segmented on the basis of grade,
application, product type, and region. On the basis of grade, the
global paper & paperboard packaging market is segmented into
coated unbleached ‘kraft’ paperboard, White Line Chipboard (WLC),
label paper, Folding Box Board (FBB), Solid Bleached Sulfate (SBS),
and others (liquid packaging grade, parchment paper, vegetable paper,
and filter paper). On the basis of application, the global paper &
paperboard packaging market is segmented into food, beverages,
healthcare, personal care, home care, and others (construction,
education and stationary, etc.). On the basis of product type, the
global paper & paperboard packaging market is segmented into
corrugated box, boxboard, and flexible paper packaging. On the basis
of region, the global paper & paperboard packaging market is
segmented into North America, Latin America, Western Europe, Eastern
Europe, Middle East and Africa, Asia Pacific excluding Japan, and
Japan.
Global Paper &
Paperboard Packaging Market : Drivers and Restraints
Due to increasing
consumer awareness about the ill-effects of non-biodegradable
materials and rising environmental concerns, consumers are
increasingly opting for environment friendly packaging solutions,
thus, driving growth of the overall paper and paperboard packaging
market. Moreover, increasing disposable income of people especially
in the developing countries is another factor fuelling growth of the
global paper and paperboard packaging market currently. Furthermore,
increasing dependence on convenient foods among consumers is a key
element fuelling growth of the market currently. Growing consumer
awareness for sustainable packaging techniques and recyclability of
paper and paperboard packaging are some of the other key factors
boosting growth of the global paper and paperboard packaging market
currently. Intense competition among the paper and paperboard
packaging manufacturers is a key factor restraining growth of the
market. Besides, prevailing fragmentation in the industry due to
increasing concentration of small and medium scale manufacturers and
converters is a key element acting as a restraint for growth of the
global paper and paperboard packaging market currently.
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Global Paper &
Paperboard Packaging Market : Key Players
The major players
involved in the manufacturing of paper and paperboard packaging
products include Amcor Ltd., Cascades Inc., ITC Ltd., DS Smith Plc.,
Packaging Corporation of America, Clearwater Paper Corporation, Mondi
Group, Metsa Group, RockTenn Company, Nippon Paper Industries Co.
Ltd, Svenska Cellulosa Aktiebolaget, Smurfit Kappa Group plc, Stora
Enso Oyj, International Paper Company, and Sappi Limited, among
others.
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
according to categories such as market segments, geographies, types,
technology, and applications
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