Global Paper Packaging Material Market, 2015 – 2021
Paper packaging is used for packing the products like food & beverages, pharmaceutical, and cosmetics. It is an eco-friendly option and can be recycled and reused as against plastic. These advantages help to boost the demand of paper as a packaging material.
Paper packaging is used for packing the products like food & beverages, pharmaceutical, and cosmetics. It is an eco-friendly option and can be recycled and reused as against plastic. These advantages help to boost the demand of paper as a packaging material.
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Published By: Zion <strong>Market</strong> Research<br />
<strong>Global</strong> <strong>Paper</strong> <strong>Packaging</strong> <strong>Material</strong> <strong>Market</strong> to register USD 362.65 Billion<br />
growth by <strong>2021</strong><br />
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<strong>Paper</strong> <strong>Packaging</strong> <strong>Material</strong> <strong>Market</strong><br />
<strong>Paper</strong> packaging is a best alternative to other packaging material due to its recyclable,<br />
renewable and biodegradable properties which makes it environment friendly. <strong>Paper</strong> is<br />
largely used material in packaging market due to its easy availability. Poster paper, craft<br />
paper and glassine paper are the different types of papers used in paper packaging. <strong>Paper</strong>,<br />
timber, pulp and other such forest and recycled products are basic raw materials used in<br />
paper packaging.<br />
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Liquid packaging cartons, corrugated cases, carton & folding boxes and other products such<br />
as sacks, bags, etc. are the key product segments of the paper packaging material market.<br />
Liquid packaging cartons dominated the paper packaging market and accounted for more<br />
than 40% share of the total market in <strong>2015</strong>. Due to advancement in novel retail packaging,<br />
corrugated cases segment is expected to witness highest growth over the forecast period.<br />
On the basis of applications paper packaging material market can be segmented into<br />
beverages, fast foods, fresh foods, dairy & bakery, frozen foods and other applications.<br />
Beverage was the largest application market for paper packaging material in <strong>2015</strong>, which<br />
accounted for about 42% of global consumption in <strong>2015</strong>. Frozen foods application is
<strong>Paper</strong> <strong>Packaging</strong> <strong>Material</strong> <strong>Market</strong><br />
projected to witness the highest growth rate in coming years due to rapid development of<br />
fast food and frozen food industries in emerging economies.<br />
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Increasing demand for paper packaging due to rising awareness of ecological issues<br />
around the world is the key driver of paper packaging material market. For packing the<br />
products like food & beverages, pharmaceutical and cosmetics, paper packaging materials<br />
are used in a large quantity. It is an eco-friendly option and can be recycled and reused as<br />
against plastic which helps to boost the demand of paper packaging material. The demand<br />
of paper packaging material is high due to light weight, disposable, safe for environment,<br />
cost effective, easy to carry, non toxic and durable properties of paper. Rapid development<br />
of fast food and frozen food chains in emerging market coupled with growing packaging<br />
market is also expected to flourish the market for paper packaging material.<br />
<strong>Paper</strong> packaging material market was dominated by Asia Pacific with 35% share in <strong>2015</strong><br />
due to advancement in paper packaging techniques. Asia Pacific was followed by North<br />
America and Europe. However, restraint like deforestation is expected to curb the growth of<br />
this industry.<br />
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<strong>Paper</strong> <strong>Packaging</strong> <strong>Material</strong> <strong>Market</strong><br />
<strong>Global</strong> paper packaging material market is highly competitive, with the presence of wellestablished<br />
global market participants. DS Smith PLC, Georgia-Pacific Corporation, Holmen<br />
AB, Hood <strong>Packaging</strong> Corporation, International <strong>Paper</strong> Company, MeadWestvaco<br />
Corporation, OJI Holding Corporation, Smurfit Kappa Group Plc, Stora Enso Oyj and The<br />
Mayr-Melnhof Group are some of the key vendors in the market.<br />
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