Paper Packaging Materials Market To Witness Huge Growth and Revenue Acceleration, Outlook, Insights forecast 2031
Paper Packaging
Materials Market: Introduction
Packaging made from papers and boards is classified
as paper packaging. Various materials such as Kraft paper, cardboards,
cartridge paper, and recycled paper are used in the manufacture of packaging.
Tetra packs, corrugated boxes, and cartons and folding boxes are some of the
different types of products used for packaging in food & beverages,
pharmaceutical, and cosmetics industries.
The report forecasts and analyzes the paper packaging materials market on a global and a
regional level. The forecast demand on a global level is based on volume
(million tons) and revenue (US$ Bn) for a period ranging from 2021 to 2031. The
study consists of drivers and restraints of the paper packaging materials
market and their impact on the growth of the market on the mentioned time
period. In addition, the study includes opportunities available for the market
on a regional and global level and their effect in the above mentioned time
period.
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Significant Demand
for Paper Packaging Materials in Food & Beverages Packaging
Based on application, the paper packaging materials
market is segmented into beverages, fresh food, fast food, frozen food, dairy
& bakery, and others. Among these, the beverages segment held the leading
share in 2020. On the other hand, the combined share of frozen food, fast food,
and fresh food in the same year is significant and is expected to rise at the
major CAGR during the forecast period.
The demand for paper packaging materials for frozen
food, fast food, and fresh food is driven by the significant demand for
wrapping food products. In addition, recent advances in materials used for
paper packaging and constant advancement in manufacturing technologies have led
to the emergence of highly functional packaging, such as those that are leak
proof.
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Global Paper
Packaging Materials Market: Segmentation
Paper Packaging
Materials Market Segmentation, by Product
·
Liquid Packaging Cartons
·
Corrugated Cases
·
Cartons & Folding Boxes
·
Others (Sacks, Bags, etc.)
Paper Packaging Materials
Market Segmentation, by Application
·
Beverages
·
Fast Food
·
Fresh Food
·
Dairy & Bakery
·
Frozen Food
·
Others (Pet Food, Cosmetics, Pharmaceuticals, etc.)
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Paper Packaging
Materials Market: Key Players
Profiles of certain key manufacturers have been
covered in this report, along with a detailed analysis of their market share.
The study profiles companies such as DS Smith Plc, International Paper Company,
MeadWestvaco, OJI Holding Corporation, and Smurfit Kappa Group Plc. A
competition landscape comprising their business strategies, SWOT analysis and
recent developments in the field of paper packaging materials has been
provided.
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