Global paper-based containers market is expected to register a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. The high growth of this market is due to rapid growth of online delivery services in developing countries.
To win the competition in the global market place, going for this global paper-based containers market research report is necessary. Insights covered here enable the buyer of the report to achieve a telescopic view of the competitive landscape and plan the business strategies accordingly to thrive in the market. In this market report, complicated market insights are converted into simpler version with the help of established tools and techniques to provide it to the end users. This paper-based containers market report gives explanation about the detailed market analysis with inputs from industry experts. Being a third-party report, this report is more unbiased and hence provides a better picture of what is really happening in the market.
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Few of the major competitors currently working in global paper based containers market are Huhtamaki, International Paper, Detmold Group, WestRock Company, Georgia-Pacific, Magnum Packaging, Mondi, Tetra Pak International S.A., Smurfit Kappa, DS Smith, NIPPON PAPER INDUSTRIES CO., LTD, Oji Holdings Corporation., Packaging Corporation of America, Pratt Industries, Inc., Sonoco Products Company, Bryce Corporation and Visy among others.
Key Developments in the Market:
- In May 2018, TemperPack, a leader in sustainable packaging, launched a paper-based insulator. The main aim of this launch is to expand their product portfolio and to provide an alternative of commonly used insulating materials such as EPS foam coolers to the consumers
- In December 2017, Toppan printing launched a paper-based barrier material .The main aim of this launch is to expand their product portfolio and to reduce the manufacturing burden and environmental impact along with the reduction of packaging design that exploits the paper textures
Global paper-based containers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of paper-based containers market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
- Increasing demand of paper based containers for packaging in electronic industries can fuel the market growth
- High demand of folding cartons in the packaging of premium snacks and alcoholic drinks will drive the growth of the market
- Increasing demand for eco-friendly and sustainable packaging is also boosting the market of paper based containers
- Increase demand of packed food will also drive the market growth in the forecast period
- Increasing cost of production will restraint the market growth
- PE coated paper containers are difficult to recycle which can hamper the growth of the market
- Availability of several substitutes in the market can also restrict the market growth in the forecast period
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Segmentation: Global Paper-Based Containers Market
By Product Type
- Liquid Cartons
By Board Type
- Food & Beverages
- Chemicals & Fertilizers
- Automotive & Allied Industries
- Electrical & Electronics
- Consumer Goods
- North America
- South America
- Middle East and Africa
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