Product Code: MAT0229
The global Paper Packaging market is projected to grow at a CAGR of 4.7% by 2034
The Paper Packaging Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Growing Environmental Concerns and Sustainability
The increasing awareness and concern for the environment are significant drivers of the paper packaging market. Consumers and governments worldwide are becoming more environmentally conscious, leading to a preference for sustainable and eco-friendly packaging solutions. Paper packaging is biodegradable, recyclable, and derived from renewable resources, making it an attractive alternative to plastic packaging. Governments in many countries are implementing stringent regulations and bans on single-use plastics, further driving the demand for paper-based packaging solutions. For example, the European Union's Single-Use Plastics Directive, which aims to reduce the impact of certain plastic products on the environment, has encouraged the shift towards paper packaging.
Fierce Competition from Flexible Plastic Packaging Hinder the Market Growth
The fierce competition from flexible plastic packaging poses a significant challenge to the growth of the paper packaging market. One key reason is that paper is less durable than plastic and lacks inherent water or grease resistance. To enhance its performance, paper often needs to be coated with chemicals or plastics, which complicates recycling efforts. These coatings, frequently plastic, require additional recycling procedures to separate from the paper, making the recycling process more cumbersome and less efficient.
Moreover, increased paper usage necessitates more tree cutting, leading to potential deforestation issues if reforestation efforts do not keep pace. The production of paper also has a higher energy, water, and greenhouse gas footprint compared to plastic. Plastic, on the other hand, has several advantages that contribute to its competitive edge. It is relatively cheaper to produce, highly durable, long-lasting, lightweight, and flexible. Environmentally, plastic production consumes less water and generates a lower greenhouse gas footprint than paper production. These factors collectively make flexible plastic packaging a formidable competitor to paper, hindering the latter's market growth.
What Questions Should You Ask Before Buying a Market Research Report?
- How is the paper packaging market evolving?
- What is driving and restraining the paper packaging market?
- How will each paper packaging submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
- How will the market shares for each paper packaging submarket develop from 2024 to 2034?
- What will be the main driver for the overall market from 2024 to 2034?
- Will leading paper packaging markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
- Who are the leading players and what are their prospects over the forecast period?
- What are the paper packaging projects for these leading companies?
- How will the industry evolve during the period between 2024 and 2034? What are the implications of paper packaging projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the paper packaging market?
- Where is the paper packaging market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the paper packaging market today, and over the next 10 years:
- Our 345-page report provides 102 tables and 184 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them NOW.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
- Forecasts to 2034 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising paper packaging prices and recent developments.
Segments Covered in the Report
- Grade
- Virgin Paper
- Recycled Paper
- Packaging Level
- Primary Packaging
- Secondary Packaging
- Tertiary Packaging
- End-user Industry
- Food and Beverage
- Healthcare
- Personal Care and Cosmetics
- Home Care Products
- Other
- Product Type
- Corrugated Boxes
- Paper Bags and Sacks
- Folding Cartons
- Paperboard
- Wrapping Paper
- Other
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 20 leading national markets:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- GCC
- South Africa
- Rest of MEA
The report also includes profiles and for some of the leading companies in the Paper Packaging Market, 2024 to 2034, with a focus on this segment of these companies' operations.
- Leading companies profiled in the report
- Amcor plc
- Cascades Inc.
- Clearwater Paper Corporation
- DS Smith plc
- Easternpak Ltd.
- International Paper Company
- ITC Ltd.
- Mondi plc
- Nippon Paper Industries Ltd
- Packaging Corporation of America
- Smurfit Kappa Group plc
- Sonoco Products Company
- WestRock Company.
Overall world revenue for Paper Packaging Market, 2024 to 2034 in terms of value the market will surpass US$409.6 billion in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
- How will the Paper Packaging Market, 2024 to 2034 report help you?
- In summary, our 340+ page report provides you with the following knowledge:
- Revenue forecasts to 2034 for Paper Packaging Market, 2024 to 2034 Market, with forecasts for grade, packaging level, end-user industry, and product type, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2034 for five regional and xx key national markets - See forecasts for the Paper Packaging Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market - including company profiles for 13 of the major companies involved in the Paper Packaging Market, 2024 to 2034.
- Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
- Information found nowhere else
- With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain's study is for everybody needing commercial analyses for the Paper Packaging Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.
Table of Contents
1 Report Overview
- 1.1 Objectives of the Study
- 1.2 Introduction to Paper Packaging Market
- 1.3 What This Report Delivers
- 1.4 Why You Should Read This Report
- 1.5 Key Questions Answered by This Analytical Report
- 1.6 Who is This Report for?
- 1.7 Methodology
- 1.7.1 Market Definitions
- 1.7.2 Market Evaluation & Forecasting Methodology
- 1.7.3 Data Validation
- 1.7.3.1 Primary Research
- 1.7.3.2 Secondary Research
- 1.8 Frequently Asked Questions (FAQs)
- 1.9 Associated Visiongain Reports
- 1.10 About Visiongain
2 Executive Summary
3 Market Overview
- 3.1 Key Findings
- 3.2 Market Dynamics
- 3.3 Impact Analysis
- 3.3.1 Market Driving Factors
- 3.3.1.1 Increasing Demand for Biodegradable and Recyclable Paper Packaging Materials
- 3.3.1.2 Development of Advanced Paper Materials with Improved Strength, Durability, and Moisture Resistance
- 3.3.1.3 Rising Demand for Packaging that Ensures Product Safety Especially in the Food and Pharmaceutical Sectors
- 3.3.2 Market Restraining Factors
- 3.3.2.1 Fierce Competition from Flexible Plastic Packaging Hinder the Market Growth
- 3.3.2.2 Rising Costs in the Paper Industry Due to Global Pulp Price Surge and Geopolitical Tensions Hinder the Market Growth
- 3.3.3 Market Opportunities
- 3.3.3.1 Collaboration and Partnership Between Market Players Opportunities for the Market
- 3.3.3.2 Expansion in New Geographical Region Opportunities for the Market
- 3.3.3.3 Technological Development in Paper Packaging Opportunities for the Market
- 3.4 Supply Chain Analysis
- 3.5 Regulatory Framework
- 3.6 Emerging Markets and Megatrends
- 3.7 Porter's Five Forces Analysis
- 3.7.1 Bargaining Power of Suppliers (Low to Medium)
- 3.7.2 Bargaining Power of Buyers (High)
- 3.7.3 Competitive Rivalry (High)
- 3.7.4 Threat of Substitutes (High)
- 3.7.5 Threat of New Entrants (Medium)
- 3.8 PEST Analysis
4 Paper Packaging Market Analysis by Grade
- 4.1 Key Findings
- 4.2 Grade Segment: Market Attractiveness Index
- 4.3 Paper Packaging Market Size Estimation and Forecast by Grade
- 4.4 Virgin Paper
- 4.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 4.4.2 Market Share by Region, 2024 & 2034 (%)
- 4.5 Recycled Paper
- 4.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 4.5.2 Market Share by Region, 2024 & 2034 (%)
5 Paper Packaging Market Analysis by Packaging Level
- 5.1 Key Findings
- 5.2 Packaging Level Segment: Market Attractiveness Index
- 5.3 Paper Packaging Market Size Estimation and Forecast by Packaging Level
- 5.4 Primary Packaging
- 5.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.4.2 Market Share by Region, 2024 & 2034 (%)
- 5.5 Secondary Packaging
- 5.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.5.2 Market Share by Region, 2024 & 2034 (%)
- 5.6 Tertiary Packaging
- 5.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 5.6.2 Market Share by Region, 2024 & 2034 (%)
6 Paper Packaging Market Analysis by End-User Industry
- 6.1 Key Findings
- 6.2 End-User Industry Segment: Market Attractiveness Index
- 6.3 Paper Packaging Market Size Estimation and Forecast by End-User Industry
- 6.4 Food and Beverage
- 6.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.4.2 Market Share by Region, 2024 & 2034 (%)
- 6.5 Healthcare
- 6.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.5.2 Market Share by Region, 2024 & 2034 (%)
- 6.6 Personal Care and Cosmetics
- 6.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.6.2 Market Share by Region, 2024 & 2034 (%)
- 6.7 Home Care Products
- 6.7.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.7.2 Market Share by Region, 2024 & 2034 (%)
- 6.8 Other End-User Industry
- 6.8.1 Market Size by Region, 2024-2034 (US$ Billion)
- 6.8.2 Market Share by Region, 2024 & 2034 (%)
7 Paper Packaging Market Analysis by Product Type
- 7.1 Key Findings
- 7.2 Product Type Segment: Market Attractiveness Index
- 7.3 Paper Packaging Market Size Estimation and Forecast by Product Type
- 7.4 Corrugated Boxes
- 7.4.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.4.2 Market Share by Region, 2024 & 2034 (%)
- 7.5 Paper Bags and Sacks
- 7.5.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.5.2 Market Share by Region, 2024 & 2034 (%)
- 7.6 Folding Cartons
- 7.6.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.6.2 Market Share by Region, 2024 & 2034 (%)
- 7.7 Paperboard
- 7.7.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.7.2 Market Share by Region, 2024 & 2034 (%)
- 7.8 Wrapping Paper
- 7.8.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.8.2 Market Share by Region, 2024 & 2034 (%)
- 7.9 Other Product Types
- 7.9.1 Market Size by Region, 2024-2034 (US$ Billion)
- 7.9.2 Market Share by Region, 2024 & 2034 (%)
8 Paper Packaging Market Analysis by Region
- 8.1 Key Findings
- 8.2 Regional Market Size Estimation and Forecast
9 North America Paper Packaging Market Analysis
- 9.1 Key Findings
- 9.2 North America Paper Packaging Market Attractiveness Index
- 9.3 North America Paper Packaging Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 9.4 North America Paper Packaging Market Size Estimation and Forecast by Country
- 9.5 North America Paper Packaging Market Size Estimation and Forecast by Grade
- 9.6 North America Paper Packaging Market Size Estimation and Forecast by Packaging Level
- 9.7 North America Paper Packaging Market Size Estimation and Forecast by End-User Industry
- 9.8 North America Paper Packaging Market Size Estimation and Forecast by Product Type
- 9.9 U.S. Paper Packaging Market Analysis
- 9.10 Canada Paper Packaging Market Analysis
10 Europe Paper Packaging Market Analysis
- 10.1 Key Findings
- 10.2 Europe Paper Packaging Market Attractiveness Index
- 10.3 Europe Paper Packaging Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 10.4 Europe Paper Packaging Market Size Estimation and Forecast by Country
- 10.5 Europe Paper Packaging Market Size Estimation and Forecast by Grade
- 10.6 Europe Paper Packaging Market Size Estimation and Forecast by Packaging Level
- 10.7 Europe Paper Packaging Market Size Estimation and Forecast by End-User Industry
- 10.8 Europe Paper Packaging Market Size Estimation and Forecast by Product Type
- 10.9 Germany Paper Packaging Market Analysis
- 10.10 UK Paper Packaging Market Analysis
- 10.11 France Paper Packaging Market Analysis
- 10.12 Italy Paper Packaging Market Analysis
- 10.13 Spain Paper Packaging Market Analysis
- 10.14 Rest of Europe Paper Packaging Market Analysis
11 Asia-Pacific Paper Packaging Market Analysis
- 11.1 Key Findings
- 11.2 Asia-Pacific Paper Packaging Market Attractiveness Index
- 11.3 Asia-Pacific Paper Packaging Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 11.4 Asia-Pacific Paper Packaging Market Size Estimation and Forecast by Country
- 11.5 Asia-Pacific Paper Packaging Market Size Estimation and Forecast by Grade
- 11.6 Asia-Pacific Paper Packaging Market Size Estimation and Forecast by Packaging Level
- 11.7 Asia-Pacific Paper Packaging Market Size Estimation and Forecast by End-User Industry
- 11.8 Asia-Pacific Paper Packaging Market Size Estimation and Forecast by Product Type
- 11.9 China Paper Packaging Market Analysis
- 11.10 India Paper Packaging Market Analysis
- 11.11 Japan Paper Packaging Market Analysis
- 11.12 South Korea Paper Packaging Market Analysis
- 11.13 Australia Paper Packaging Market Analysis
- 11.14 Rest of Asia-Pacific Paper Packaging Market Analysis
12 Middle East and Africa Paper Packaging Market Analysis
- 12.1 Key Findings
- 12.2 Middle East and Africa Paper Packaging Market Attractiveness Index
- 12.3 Middle East and Africa Paper Packaging Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 12.4 Middle East and Africa Paper Packaging Market Size Estimation and Forecast by Country
- 12.5 Middle East and Africa Paper Packaging Market Size Estimation and Forecast by Grade
- 12.6 Middle East and Africa Paper Packaging Market Size Estimation and Forecast by Packaging Level
- 12.7 Middle East and Africa Paper Packaging Market Size Estimation and Forecast by End-User Industry
- 12.8 Middle East and Africa Paper Packaging Market Size Estimation and Forecast by Product Type
- 12.9 GCC Paper Packaging Market Analysis
- 12.10 South Africa Paper Packaging Market Analysis
- 12.11 Rest of Middle East and Africa Paper Packaging Market Analysis
13 Latin America Paper Packaging Market Analysis
- 13.1 Key Findings
- 13.2 Latin America Paper Packaging Market Attractiveness Index
- 13.3 Latin America Paper Packaging Market by Country, 2024, 2029 & 2034 (US$ Billion)
- 13.4 Latin America Paper Packaging Market Size Estimation and Forecast by Country
- 13.5 Latin America Paper Packaging Market Size Estimation and Forecast by Grade
- 13.6 Latin America Paper Packaging Market Size Estimation and Forecast by Packaging Level
- 13.7 Latin America Paper Packaging Market Size Estimation and Forecast by End-User Industry
- 13.8 Latin America Paper Packaging Market Size Estimation and Forecast by Product Type
- 13.9 Brazil Paper Packaging Market Analysis
- 13.10 Mexico Paper Packaging Market Analysis
- 13.11 Rest of Latin America Paper Packaging Market Analysis
14 Company Profiles
- 14.1 Competitive Landscape, 2023
- 14.2 Strategic Outlook
- 14.3 International Paper Company
- 14.3.1 Company Snapshot
- 14.3.2 Company Overview
- 14.3.3 Financial Analysis
- 14.3.3.1 Net Revenue, 2019-2023
- 14.3.3.2 Regional Market Shares, 2023
- 14.3.3.3 Business Segment Market Shares, 2023
- 14.3.4 Product Benchmarking
- 14.3.5 Strategic Outlook
- 14.3.6 SWOT Analysis
- 14.4 WestRock Company
- 14.4.1 Company Snapshot
- 14.4.2 Company Overview
- 14.4.3 Financial Analysis
- 14.4.3.1 Net Revenue, 2019-2023
- 14.4.3.2 Regional Market Shares, 2023
- 14.4.3.3 Business Segment Market Shares, 2023
- 14.4.4 Product Benchmarking
- 14.4.5 SWOT Analysis
- 14.5 Packaging Corporation of America
- 14.5.1 Company Snapshot
- 14.5.2 Company Overview
- 14.5.3 Financial Analysis
- 14.5.3.1 Net Revenue, 2019-2023
- 14.5.3.2 Business Segment Market Shares, 2023
- 14.5.4 Product Benchmarking
- 14.5.5 SWOT Analysis
- 14.6 Cascades Inc.
- 14.6.1 Company Snapshot
- 14.6.2 Company Overview
- 14.6.3 Product Benchmarking
- 14.7 Nippon Paper Industries Ltd
- 14.7.1 Company Snapshot
- 14.7.2 Company Overview
- 14.7.3 Financial Analysis
- 14.7.3.1 Net Revenue, 2019-2023
- 14.7.3.2 R&D, 2019-2023
- 14.7.4 Product Benchmarking
- 14.7.5 SWOT Analysis
- 14.8 Sonoco Products Company
- 14.8.1 Company Snapshot
- 14.8.2 Company Overview
- 14.8.3 Financial Analysis
- 14.8.3.1 Net Revenue, 2019-2023
- 14.8.3.2 R&D, 2019-2023
- 14.8.3.3 Regional Market Shares, 2023
- 14.8.3.4 Business Segment Market Shares, 2023
- 14.8.4 Product Benchmarking
- 14.8.5 Strategic Outlook
- 14.8.6 SWOT Analysis
- 14.9 Clearwater Paper Corporation
- 14.9.1 Company Snapshot
- 14.9.2 Company Overview
- 14.9.3 Financial Analysis
- 14.9.3.1 Net Revenue, 2019-2023
- 14.9.3.2 Regional Market Shares, 2023
- 14.9.3.3 Business Segment Market Shares, 2023
- 14.9.4 Product Benchmarking
- 14.9.5 Strategic Outlook
- 14.10 Amcor plc
- 14.10.1 Company Snapshot
- 14.10.2 Company Overview
- 14.10.3 Financial Analysis
- 14.10.3.1 Net Revenue, 2019-2023
- 14.10.3.2 R&D, 2019-2023
- 14.10.3.3 Business Segment Market Shares, 2023
- 14.10.4 Product Benchmarking
- 14.10.5 Strategic Outlook
- 14.11 ITC Ltd.
- 14.11.1 Company Snapshot
- 14.11.2 Company Overview
- 14.11.3 Financial Analysis
- 14.11.3.1 Net Revenue, 2019-2023
- 14.11.3.2 R&D, 2019-2023
- 14.11.3.3 Regional Market Shares, 2023
- 14.11.3.4 Business Segment Market Shares, 2023
- 14.11.4 Product Benchmarking
- 14.11.5 Strategic Outlook
- 14.12 Easternpak Ltd.
- 14.12.1 Company Snapshot
- 14.12.2 Company Overview
- 14.12.3 Product Benchmarking
- 14.12.4 Strategic Outlook
- 14.13 Mondi plc
- 14.13.1 Company Snapshot
- 14.13.2 Company Overview
- 14.13.3 Financial Analysis
- 14.13.3.1 Net Revenue, 2019-2023
- 14.13.3.2 Business Segment Market Shares, 2023
- 14.13.4 Product Benchmarking
- 14.13.5 Strategic Outlook
- 14.14 DS Smith plc
- 14.14.1 Company Snapshot
- 14.14.2 Company Overview
- 14.14.3 Financial Analysis
- 14.14.3.1 Net Revenue, 2019-2023
- 14.14.3.2 R&D, 2019-2023
- 14.14.3.3 Regional Market Shares, 2023
- 14.14.3.4 Business Segment Market Shares, 2023
- 14.14.4 Product Benchmarking
- 14.15 Smurfit Kappa Group plc
- 14.15.1 Company Snapshot
- 14.15.2 Company Overview
- 14.15.3 Financial Analysis
- 14.15.3.1 Net Revenue, 2019-2023
- 14.15.3.2 Regional Market Shares, 2023
- 14.15.4 Product Benchmarking
15 Conclusion and Recommendations
- 15.1 Concluding Remarks from Visiongain
- 15.2 Recommendations for Market Players