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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<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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