Global Sustainable Paper Packaging Market, By Function (Active, Molded Pulp and Alternate Fiber), Process (Recycled Content, Reusable and Degradable), Layer (Primary, Secondary and Tertiary), Packaging (Trays, Bags, Boxes, Bottles & Jars, Films, Pouches & Sachets, Drums, IBC and Others), End-user (Food, Beverage, Automobile & Electronics, Chemical, Pharmaceutical, Agriculture and Personal Care), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Sustainable Paper Packaging Market
The sustainable paper packaging market is expected to witness market growth at a rate of approximately 12.0% in the forecast period of 2021 to 2028, and will reach the value of USD 11,100 million by 2028. Data Bridge Market Research report on sustainable paper packaging market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid urbanization globally is escalating the growth of sustainable paper packaging market.
Sustainable packaging refers to the type of packaging that involves the use of bio-degradable material, such as paper as it can be recycled, reused and is harmless to the environment. The use of bio-degradable material for packaging helps in keeping the environment safe and pollution free as the material used can be recycled again and can be reused for another packaging of material.
The rise in the consciousness regarding environment across the globe acts as one of the major factors driving the growth of sustainable paper packaging market. The increase in government initiatives towards sustainable packaging owning to the concerns associated with the pollution, and stringent laws implemented by most of the nations over the use of plastic bags & carriers accelerate the market growth. The increase in consumer demand for use of green packaging for organic foods among population and shift in consumer preferences towards recyclable and eco-friendly materials further influence the market. Additionally, rapid urbanization, change in consumer preference, growth in awareness, increase in incidences of pollution and breakthrough in new technologies positively affect the sustainable paper packaging market. Furthermore, rise in e-commerce sector extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, high cost of recycling and lack of awareness about the importance of sustainability in some emerging economies are expected to obstruct the market growth. Fluctuations in raw material prices and poor infrastructure facilities for recycling are projected to challenge the sustainable paper packaging market in the forecast period of 2021-2028.
This sustainable paper packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on sustainable paper packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Sustainable Paper Packaging Market Scope and Market Size
The sustainable paper packaging market is segmented on the basis of function, process, layer, packaging and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of function, the sustainable paper packaging market is segmented into active, molded pulp and alternate fiber.
- On the basis of process, the sustainable paper packaging market is segmented into recycled content, and reusable and degradable.
- On the basis of layer, the sustainable paper packaging market is segmented into primary, secondary and tertiary.
- On the basis of packaging, the sustainable paper packaging market is segmented into trays, bags, boxes, bottles & jars, films, pouches & sachets, drums, IBC and others.
- On the basis of end-user, the sustainable paper packaging market is segmented into food, beverage, automobile & electronics, chemical, pharmaceutical, agriculture and personal care.
Sustainable Paper Packaging Market Country Level Analysis
The sustainable paper packaging market is segmented on the basis of function, process, layer, packaging and end-user.
The countries covered in the global sustainable paper packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the sustainable paper packaging market due to the promotion of self-indulgent and convenient goods within the region. Asia-Pacific is expected to witness fastest growth during the forecast period of 2021 to 2028 because of the government supporting new technologies and eco-friendly solutions in the region.
The country section of the sustainable paper packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sustainable Paper Packaging Market Share Analysis
The sustainable paper packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to sustainable paper packaging market.
The major players covered in the sustainable paper packaging market report are DS Smith Plc, Georgia-Pacific, Holmen, Hood Packaging Corporation, International Paper, WestRock Company, Oji Holdings Corporation, Smurfit Kappa, Stora Enso, Mayr-Melnhof Karton AG, Packaging Corporation of America, Amcor plc, Mondi, Sappi and Sonoco Products Company, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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