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The Global Paper and Paperboard Packaging Market accounted for US$ 215.34 billion in 2020 and is estimated to be US$ 298.3 billion by 2030 and is anticipated to register a CAGR of 3.3%. Paper and paperboard are made with pulp from both wood and non-wood sources, such as straw and bamboo. Wood pulp is widely available, and as a result of paper recycling, its use is growing. Because of its continuous nature and low cost of wood pulp, paper and paperboard packaging is an appealing form of packaging for end-use commerce. Except for the fact that it is thicker, there is no discernible difference between paperboard and paper. A single-layer or multi-layer paperboard can be used.
The market for paper and paperboard packaging is rapidly expanding and will continue to do so for some time. The continual expansion of the paper & paperboard packaging sector is being fueled by the continued growth of online shopping, which is fueled by faster delivery, stronger return policies, and free shipping. As people’s environmental awareness and concerns grow, they are opting for eco-friendly packaging alternatives, which has an impact on the paper and paperboard industry. One of the most significant advantages of paper and paperboard packaging is that it is easily recyclable; this quality is expected to boost demand in the coming years.
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Key Highlights of Paper and Paperboard Packaging Market:
Key Market Insights from the report:
Global Paper and Paperboard Packaging Market accounted for US$ 215.34 billion in 2020 and is estimated to be US$ 298.3 billion by 2030 and is anticipated to register a CAGR of 3.3%. Global Paper and Paperboard Packaging Market is segmented into type, grade, application, and region.
Paperboard, Corrugated board, Container board, Box board, Kraft Paperboard and Flexible Paper Packaging.
Folding box board, Glassine and Greaseproof paper, White line chipboard, Solid bleached sulphate, Label paper, Coated unbleached, Kraft paperboard and Others.
Homecare, Food and Beverage, Healthcare, Personal care, Retail and Others.
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Paper and Paperboard Packaging Market:
Some of the major players operating in the global industrial Paper and Paperboard Packaging include DS Smith Plc., Amcor Ltd., Cascades Inc., Clearwater Paper Corporation, Packaging Corporation of America, Mondi Group, ITC Ltd., Metsa Group, RockTenn Company, Nippon Paper Industries Co. Ltd, RockTenn Company, Svenska Cellulosa Aktiebolaget, Stora Enso Oyj, International Paper Company, and Sappi Limited, Smurfit Kappa Group plc, and Others.
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Global Paper and Paperboard Packaging Market, By Type:
Global Paper and Paperboard Packaging Market, By Grade:
Global Paper and Paperboard Packaging Market, By Application:
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
Some Important Points Answered in this Market Report Are Given Below:
Global Paper Cups Market, By Cup Type (Cold Paper Cups and Hot Paper Cups), By Wall Type (Single Wall Paper Cups and Double Wall Paper Cups), By Application (Food, Dairy, Beverages, and Ice Cream), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)- forecast till 2029
https://www.prophecymarketinsights.com/market_insight/Global-Paper-Cups-Market-By-485
Global Synthetic Paper Market”, By Type (Biaxially-Oriented Polypropylene (BOPP), High Density Polyethylene (HDPE), and Others), By Application (Label and Non-Label), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)- forecast till 2029 https://www.prophecymarketinsights.com/market_insight/Global-Synthetic-Paper-Market-By-543
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