Global Paper & Paperboard Packaging Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

Global Paper & Paperboard Packaging Market

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Paper & paperboard packaging is a term given to the packaging products designed from the pulp of trees. Paper-based packaging products are thinner in size as compared to paperboard packaging, this characteristics provides paperboard packaging with certain features such as strong, lightweight versatile, durable and sustainable. These features combined with a significant rise in demand for sustainable packaging products are expected to drive the growth of the market.

Segmentation: Global Paper & Paperboard Packaging Market

Global Paper & Paperboard Packaging Market is segmented on the basis of:

  • Grade – Solid Bleached Sulphate Board, Coated Unbleached Kraft Board, Folding Boxboard, White Lined Chipboard, Glassline & Greaseproof, Label Paper
  • Type – Corrugated Box, Boxboard, Flexible Paper Packaging
  • Application – Food, Beverages, Healthcare, Personal & Homecare, Others
  • Geography – North America, South America, Europe, Asia-Pacific, Middle East and Africa

Key Market Competitors: Global Paper & Paperboard Packaging Market

Few of the major competitors currently working in the global paper & paperboard packaging market are Amcor Limited, Cascades inc., Clearwater Paper Corporation, ProAmpac, DS Smith, International Paper, ITC Limited, METSÄ GROUP, Mondi, Packaging Corporation of America, WestRock Company, NIPPON PAPER INDUSTRIES CO. LTD., Smurfit Kappa, Stora Enso, Svenska Cellulosa Aktiebolaget SCA (publ), Sappi,          Brødrene Hartmann A/S, UFP Technologies Inc., Pactiv LLC, Henry Molded Products Inc., Orcon Industries, and FiberCel.

Growing need of paper and paper board recyclability

The packaging industry is undergoing a significant shift from non-sustainable packaging methods to products and solutions that have a significantly lower impact on the environment. This has prompted the users of packaging products to adopt recyclable goods & solutions that can help keep a sustainable environmental position for the future. The resources currently available to us are limited, and the applications of these resources are growing. The recyclable nature of paper & paperboard are prompting manufacturers to promote this method of packaging along with a rise in preference of customers for the adoption of eco-friendly products.

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