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Global Paper Packaging Materials Market to reach USD 532.32 billion by the end of 2029

Global Paper Packaging Materials Market Size study & Forecast, By Product (Liquid Packaging Cartons, Corrugated Cases, Cartons & Folding Boxes), By Application (Beverages, Fast Food, Frozen Food, Diary and Bakery Products, Others) and Regional Analysis, 2022-2029

Product Code: CMP-12494246
Publish Date: 16-11-2022
Page: 200

Global Paper Packaging Materials Market is valued approximately at USD 374.32 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2022-2029. Paper packaging products include paper, timber, pulp and other forest recycled products that are being used to produce paper packaging material. The key factor driving the demand for the market is rising environmental among the people concerns regarding plastic usage in packaging applications have resulted in a shift in consumer preference towards paper-based packaging solutions. Stringent regulations and standards set by governments and agencies to safeguard the environment and promote recyclable paper-based options are expected to play a critical role in boosting the market growth. Another factor driving the market growth is the rising population and growing demand for cheap packaging solution substitutes. Flexible packaging materials includes envelopes, bags, pouches, cellulose, and more.

According to Statista, in 2020, the flexible packaging market valued USD 42.64 billion and the market is anticipated to reach USD 56.26 billion by 2025. Also, according to the 2021 Global Buying Green Report, more than half of respondents (54%) consider about sustainable packaging when choosing a product, and younger consumers (aged 44 and under) are the one who are driving this trend. Compared to 70% of customers overall, 83% of people in that age group say they are willing to pay more for products that have been packaged sustainably. As a result, rising demand for flexible and sustainable packaging solution is anticipated to create the demand for market. Also, rising awareness regarding eco-friendly packaging solutions will create the lucrative opportunity for the market during forecast period. However, availability of substitute stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Paper Packaging Materials Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is the dominating region across the world in terms of market share, owing to the rising number of manufacturing industries across the region. Asia Pacific is also anticipated to exhibit highest growth rate over the forecast period, owing to factors such as rising the disposable income, growing demand for sustainable packaging solution and rising demand in food and beverages industry.

Major market player included in this report are:
DS Smith Plc
Koch Industries
International Paper Company
Holmen AB
Georgia-Pacific
Hood Packaging Corporation
Tetra Pak International S.A.
Refresco Group
Nippon Paper Industries Co., Ltd.
WestRock Company

Recent Developments in the Market:
 In 2020, Smurfit Kappa and Wildlife Fund Combia are collaborated to enhance forestry protection and increase the use of recyclable papers. The alliance’s additional goals include the reconstruction, expansion, and protection of the country’s forests and ecosystems. In total, the company supervises about 68,000 hectares of forestland. The company also believes that by expanding the alliance, different aspects of forest flora and fauna can be preserved.
 In 2019, Huhtamaki announced the acquisition Everest Flexibles (Pty) Limited (“Everest”) a South African flexible packaging manufacturer. Through this acquisition company expanded its market and customer base.
Global Paper Packaging Materials Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Liquid Packaging Cartons
Corrugated Cases
Cartons & Folding Boxes
By Application:
Beverages
Fast Food
Frozen Food
Diary and Bakery Products
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Paper Packaging Materials Market, by region, 2019-2029 (USD Billion)
1.2.2. Paper Packaging Materials Market, by Product, 2019-2029 (USD Billion)
1.2.3. Paper Packaging Materials Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Paper Packaging Materials Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Paper Packaging Materials Market Dynamics
3.1. Paper Packaging Materials Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Growing demand for flexible packaging solution
3.1.1.2. Rising environmental concerns regarding plastic usage in packaging
3.1.2. Market Challenges
3.1.2.1. Availability of substitute
3.1.3. Market Opportunities
3.1.3.1. rising awareness regarding eco-friendly packaging solutions
Chapter 4. Global Paper Packaging Materials Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Paper Packaging Materials Market, by Product
6.1. Market Snapshot
6.2. Global Paper Packaging Materials Market by Product, Performance – Potential Analysis
6.3. Global Paper Packaging Materials Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Paper Packaging Materials Market, Sub Segment Analysis
6.4.1. Liquid Packaging Cartons
6.4.2. Corrugated Cases
6.4.3. Cartons & Folding Boxes
Chapter 7. Global Paper Packaging Materials Market, by Application
7.1. Market Snapshot
7.2. Global Paper Packaging Materials Market by Application, Performance – Potential Analysis
7.3. Global Paper Packaging Materials Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Paper Packaging Materials Market, Sub Segment Analysis
7.4.1. Beverages
7.4.2. Fast Food
7.4.3. Frozen Food
7.4.4. Diary and Bakery Products
7.4.5. Others
Chapter 8. Global Paper Packaging Materials Market, Regional Analysis
8.1. Paper Packaging Materials Market, Regional Market Snapshot
8.2. North America Paper Packaging Materials Market
8.2.1. U.S. Paper Packaging Materials Market
8.2.1.1. Product breakdown estimates & forecasts, 2019-2029
8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Paper Packaging Materials Market
8.3. Europe Paper Packaging Materials Market Snapshot
8.3.1. U.K. Paper Packaging Materials Market
8.3.2. Germany Paper Packaging Materials Market
8.3.3. France Paper Packaging Materials Market
8.3.4. Spain Paper Packaging Materials Market
8.3.5. Italy Paper Packaging Materials Market
8.3.6. Rest of Europe Paper Packaging Materials Market
8.4. Asia-Pacific Paper Packaging Materials Market Snapshot
8.4.1. China Paper Packaging Materials Market
8.4.2. India Paper Packaging Materials Market
8.4.3. Japan Paper Packaging Materials Market
8.4.4. Australia Paper Packaging Materials Market
8.4.5. South Korea Paper Packaging Materials Market
8.4.6. Rest of Asia Pacific Paper Packaging Materials Market
8.5. Latin America Paper Packaging Materials Market Snapshot
8.5.1. Brazil Paper Packaging Materials Market
8.5.2. Mexico Paper Packaging Materials Market
8.6. Rest of The World Paper Packaging Materials Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. DS Smith Plc
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Koch Industries
9.2.3. International Paper Company
9.2.4. Holmen AB
9.2.5. Georgia-Pacific
9.2.6. Hood Packaging Corporation
9.2.7. Tetra Pak International S.A.
9.2.8. Refresco Group
9.2.9. Nippon Paper Industries Co., Ltd.
9.2.10. WestRock Company
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
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Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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