Global Paper and Paperboard Packaging Market To Reach USD 8.0 Billion By 2024

According to Goldstein Research, technological advancements, shift in global economic power, accelerating urbanization, demographic shifts and climate change and resource scarcity will play a vital role in shaping the future of paper and paperboard packaging industry. It is also predicated on the global basis that the smart-packaging industry will grow during the forecast period to 2024 at an annual rate of 8% to USD 8.4 billion. IoT packaging will grow at an astounding 218% per year to almost USD 2.8 billion. Global paper and paperboard packaging market outlook also include product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. One of the major trends in the global paper and paperboard packaging market is cost-effectiveness, strength quality, lightweight and recyclability features of the packaging material.

Market Segmentation

On the basis of our in-depth analysis, the global paper and paperboard packaging market can be segmented as follows:

  • Based on Product Type
    • Flexible Paper Packaging
    • Corrugated Box
    • Boxboard
  • Based on Grade
    • Folding Box Board (FBB)
    • White Line Chipboard (WLC)
    • Solid Bleached Sulfate (SBS)
    • Coated Unbleached Kraft Paperboard (CUK)
    • Label paper
    • Others (Glassine & Greaseproof Paper,  Parchment paper, Filter paper)
  • Based on End-User
    • Food & Beverages
    • Healthcare
    • Personal & Homecare
    • Manufacturing
    • Others (Construction, Education & Stationary)
  • Based on Geography
    • North America (U.S. & Canada) Paper and Paper Board Packaging Market {Market Share (%), Market Size(USD Billion)}
    • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Paper and Paper Board Packaging Market {Market Share (%), Market Size(USD Billion)}
    • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Paper and Paper Board Packaging Market {Market Share (%), Market Size(USD Billion)}
    • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Paper and Paper Board Packaging Market {Market Share (%), Market Size(USD Billion)}
    • The Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Paper and Paper Board Packaging Market {Market Share (%), Market Size(USD Billion)}

 

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Global Paper and Paper Board Packaging Market Outlook 2024contains the detailed overview of the global paper and paperboard packaging market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, by grade, and by end users.

Further, for the in-depth analysis, Paper and paperboard packaging industry report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Amcor Ltd., ITC Ltd, Clearwater Paper Corporation, Capstone, DS Smith, Packaging Corporation of America, Evergreen Packaging Inc. and DS Smith. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global paper and paperboard packaging market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on Packaging Industry reports helping various tech-giants, tech start-ups, and entry players to assess the current and upcoming business scenario. We believe in a rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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