Paper Packaging Materials Market to Cross $423 billion Revenue by 2030

Paper Packaging Materials Market Overview

“The global Paper Packaging Materials Market is expected to grow rapidly at a CAGR consequently, it will grow from its existing size of 5.75% from $248 billion in 2023 to $423 billion by 2030.”

Packaging materials: Food packaging made of paper

Paper, a renewable material, is highly adaptable and environmentally friendly due to its ability to be easily recycled, composted, or burned. It is used in various food packaging applications like wrapping paper, folding box boards, and corrugated boards, and may occasionally come into contact with food. Other paper grades, like tissue paper, may also come into contact with food.

Producers design production processes and recipes for paper-based goods that may come into contact with food, adhering to current standards and guidelines to ensure consumer safety.

Benefits Of Paper-based Packaging

Manufacturers frequently use paper packaging due to its efficient storage, functional design, and eco-friendly features. Made from recycled materials and available in various shapes and sizes, it offers a visually appealing and easy-to-carry option.

Paper-based packaging, also known as paper containers, is widely used and accepted over plastic containers due to its environmental benefits, not only for the end user but also for the environment.

Paper packing types that are commonly used:

- Premium paper packaging:

The dairy industry relies heavily on multi-layer packaging for milk, as it is expensive, easily fermented, and damaged without proper protection. This stringent packaging makes it difficult to preserve products and reduces the market share of this product type. The main packaging companies in Vietnam are Tetra Pak of Sweden and Combibloc of Germany.

- Paper carton packaging:

Carton type packaging is the most popular and widely used type of paper packaging in various industries, including food and beverage, due to its fast consumption nature.

- 3-5-layer kraft paper packaging:

This product line, utilized in various sectors like cement, chemicals, construction, flour, fried flour, and food, has a capacity of 10-50kg.

- PP plastic kraft paper packaging (KP packaging):

A new type of packaging made of PP plastic offers superior qualities to 3-5-layer kraft paper packaging. Its durability aids product preservation and makes it easier to carry. This reduces the number of material layers, resulting in significant cost savings compared to traditional 3-5 kraft paper options.

Demand Outlook

The global paper packaging materials market is gaining momentum due to increasing demand for flexible packaging and the increasing awareness of the environmental impact of plastic, particularly due to bans on lightweight plastic bags in several countries.

Environmental concerns over plastic packaging have led to a shift in consumer preferences towards paper-based alternatives. Governments and organizations are expected to establish strict laws and regulations to protect the environment and promote recyclable paper alternatives in the market.

The global packaging industry is increasingly adopting eco-friendly alternatives due to shifts in business ethics, regulatory frameworks, trade restrictions, and consumer preferences, resulting in a paradigm shift in the packaging sector.

Paper packaging, made from inorganic fibers like paper and pulp, serves as the primary and secondary packaging for products, with innovative designs providing a beautiful appearance, serving as a crucial point of sale and differentiation.

The packaging sector has shifted towards eco-friendly alternatives due to changes in business ethics, legal frameworks, trade laws, and consumer preferences.

Paper packaging, made from inorganic fibers like paper and pulp, is used for safe transit and secondary product wrapping. Retail packaging improvements, like imaginative designs, enhance the item's appearance, serving as a major point of sale and differentiation.

Flexible packaging, including paper carrier bags, envelopes, pouches, cellulose, and aluminum foils, offers customization options for client or product-specific needs, presenting profitable market expansion opportunities.

The e-Commerce industry has significantly boosted the paper packaging materials market, as it is affordable and lightweight, making it an attractive choice for secondary and tertiary packing, opening new growth opportunities for the global economy, including online shopping and delivery-on-demand services.

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Market Dynamics

Growth Factors

The global popularity of paper packaging materials is primarily due to their durability and sustainability

Continuous advancements in paper packaging materials and the emergence of paper bottles

Technological advancements in paper recycling and increased government and producer support for R&D programs are expected to drive growth opportunities. Paper-based packaging products are also utilized for packaging aesthetics and market expansion. Corrugated shipping bags for large items are in high demand and expected to remain so in the future.

Paper bottles are a sustainable and eco-friendly alternative to plastic bottles, catering to client demand and sustainability criteria in the packaging industry, offering a viable alternative to plastic bottles in terms of environmental impact.

Challenge

Various factors that could impact the sales of paper packaging material.

Challenges in effectively wrapping heavy items using paper packaging materials.

Manufacturers are shifting to polymer materials for packaging due to the challenges of wrapping large objects using paper, which is expected to hinder market growth. Environmental regulations and harsh chemicals released during paper production are also expected to stifle market growth.

Market Segment Analysis

The popularity of liquid packaging cartons can be attributed to their ability to effectively store and transport various products.

Liquid packaging cartons are widely utilized due to their recyclable nature

The global market for liquid packaging cartons comprises 50% of the total, encompassing various types such as paper bags, corrugated containers, and folding boxes, among others.

The demand for paper-based packaging is expected to rise due to the increasing demand for liquid packing cartons and beverage consumption, coupled with global trade.

The demand for paper-based packaging is expected to rise due to the increasing demand for liquid packing cartons and beverage consumption, coupled with global trade.

Which end user is expected to generate the most revenue for market participants?

The demand for high-quality food with longer shelf life is driving the sales of paper packaging materials in the food and beverage industry.

The food and beverage industry is expected to experience a significant CAGR increase in demand for paper packaging materials, categorized into food and drinks, healthcare, and industrial sectors.

The food and beverage industries were pioneers in using paper packaging, which is now widely used in ready-to-eat foods, snacks, frozen dinners, and cake mixes. Paper packaging is available in pouches, wraps, and containers for all products.

Paper packaging is a valuable asset in the food sector, offering environmental benefits and convenience for customers. There are various materials available, including corrugated and cardboard boxes, to meet various packaging needs.

The industry is experiencing a surge in demand due to changing dietary habits and lifestyles. Products with high barrier properties, long shelf life, and safety are in high demand. Natural, high-quality foods with minimal processing and no preservatives are also gaining popularity.

Competitive Landscape of the Paper Packaging Materials Market

• International Paper Company
• WestRock Company
• Georgia Pacific LLC
• Pratt Industries
• DS Smith Packaging Limited
• Stora Enso Oyj
• Mondi Group Plc.
• Smurfit Kappa Group Plc.
• Napco National Paper Products Company
• Billerudkorsnas

 Recent Developments in Paper Packaging Materials Market

Smurfit Kappa and Wildlife Fund Combia have partnered to enhance forestry conservation and increase the use of recyclable papers.

On August 18, 2020, Smurfit Kappa announced a partnership with Wildlife Fund Combia, to improve forestry protection and expand the usage of recyclable papers. The alliance further aims to restore-expand-and even protect forests and ecosystems in the said country, wherein totality the company manages around 68,000 hectares of woodland. Additionally, the company believes that by expanding the alliance various aspects of forest flora and fauna can be preserved.

In December 2019, Huhtamaki finalized the acquisition of the majority of the business of South African felxible packaging producer Everest Flexibles (Pty) Limited ("Everest"), allowing the company to capitalize on its current customer base. Huhtamaki also bought Mohan Mutha Polytech Pvt. Ltd., a privately held flexible packaging producer in India, in January 2020.

In April 2019, DS Smith Plc announced the sale of two packaging operations to International Paper, a company based in the United States (IP). The businesses are located in North Western France and Portugal, and the amount for which the sales have been agreed upon is 54 million pounds. The sales would fulfill the commitment made to the European Commission in relation to the clearance of DS Smith’s acquisition of Papeles y Cartones de Europa, S.A., known as Europac, which was completed on 22 January 2019.

Regional Insights

The advancements in the packaging sector are significantly driving market value in the Asia Pacific region

The Asia Pacific region holds the largest share of the global packaging market due to significant advancements in this sector.

The market growth is driven by rising living standards, increased demand for food packaging, high disposable income, and growing awareness about biodegradable paper packaging materials.

The regional market is being influenced by the growth in paper packaging production and exports, as well as the growing demand for paper pulp in developing nations.

The demand for paper packaging materials in South Korea is primarily driven by the high demand for cartons and folding boxes.

The country is experiencing a significant increase in the demand for carts and folding boxes.

The market for paper packaging materials in South Korea is expanding due to strong demand for cartons and folding boxes, industry participation, rapid adoption of paper-based food packaging materials, and growing preference for preventative healthcare.

Segments Covered in the Paper Packaging Materials Market

Paper Packaging Materials Market By Product

• Liquid Packaging Cartons
• Paper Bags & Sacks
• Corrugated Containers & Packaging
• Folding Boxes & Cases
• Others

Paper Packaging Materials Market By End User

• Food & Beverages
• Healthcare
• Industrial
• Others

Paper Packaging Materials Market By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Frequently Asked Questions:

What is the paper packaging materials market size?

The global market for paper packaging materials market currently accounts for a valuation of US$ 248 billion.

Which segment is expected to garner the highest traction within the paper packaging materials market?

Liquid packaging cartons account for 47.85% share of the global market in 2022.

What is the market for paper packaging materials estimated to be valued by 2030?

Global demand for paper packaging materials is slated to reach US$ 423 billion by 2030.

Who are the top manufacturers of paper packaging materials?

Stora Enso Oyj, WestRock Company, and Hood Packaging Corporation are major suppliers of paper packaging materials.

1. Executive Summary

 1.1. Global Market Outlook

 1.2. Demand Side Trends

 1.3. Supply Side Trends

 1.4. Analysis and Recommendations

2. Market Overview

 2.1. Market Coverage / Taxonomy

 2.2. Market Definition / Scope / Limitations

 2.3. Inclusions/Exclusions

3. Key Market Trends

 3.1. Key Trends Impacting the Market

 3.2. Product modifications /Innovation

4. Key Success Factors

 4.1. Strategic Developments

 4.2. Key regulations

 4.3. Product USPs /Technology

 4.4. List of Manufacturers and Providers

5. Market Background

 5.1. Macro-Economic Factors

 5.1.1. Global GDP outlook

 5.1.2. Increasing R&D Expenditure

 5.2. Forecast Factors - Relevance & Impact

 5.2.1. New Product launches

 5.2.2. Cost of Products

 5.3. Market Dynamics

 5.3.1. Drivers

 5.3.2. Restraints

 5.3.3. Opportunity Analysis

6. COVID19 Crisis Analysis

 6.1. Current COVID19 Statistics and Probable Future Impact

 6.2. Current GDP Projection and Probable Impact

 6.3. Current Economic Projection as Compared to 2008 Economic analysis

 6.4. COVID19 and Impact Analysis

 6.4.1. Revenue By Product

 6.4.2. Revenue By End User

 6.4.3. Revenue By Country

 6.5. 2021 Market Scenario

 6.6. Quarter by Quarter Forecast

 6.7. Projected Recovery Quarter

7. Global Paper Packaging Materials Market Volume (Units) Analysis and Forecast

 7.1. Historical Market Volume (Units) Analysis, 2017-2021

 7.2. Current and Future Market Volume (Units) Projections

 7.2.1. Y-o-Y Growth Trend Analysis

8. Global Paper Packaging Materials Market - Pricing Analysis

 8.1. Regional Pricing Analysis By Product

 8.2. Pricing Break-up

 8.2.1. Manufacturer Level Pricing

 8.2.2. Distributor Level Pricing

 8.3. Global Average Pricing Analysis Benchmark

9. Global Paper Packaging Materials Market Value Analysis and Forecast

 9.1. Historical Market Value (US$ Mn) Analysis

 9.2. Current and Future Market Value (US$ Mn) Projections

 9.2.1. Y-o-Y Growth Trend Analysis

 9.2.2. Absolute $ Opportunity Analysis

10. Global Paper Packaging Materials Market Analysis and Forecast, by Product

 10.1. Introduction / Key Findings

 10.2. Historical Market Size (US$ Mn) Analysis By Products & Services

 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product

 10.3.1. Liquid Packaging Cartons

 10.3.2. Paper Bags & Sacks

 10.3.3. Corrugated Containers & Packaging

 10.3.4. Folding Boxes & Cases

 10.3.5. Others

 10.4. Market Attractiveness Analysis By Product

11. Global Paper Packaging Materials Market Analysis and Forecast, by End User

 11.1. Introduction / Key Findings

 11.2. Historical Market Size (US$ Mn) Analysis By End User

 11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End User

 11.3.1. Food & Beverages

 11.3.2. Healthcare

 11.3.3. Industrial

 11.3.4. Others

 11.4. Market Attractiveness Analysis By End User

12. Global Paper Packaging Materials Market Analysis and Forecast, by Region

 12.1. Introduction

 12.2. Historical Market Size (US$ Mn) Analysis By Region

 12.3. Current Market Size (US$ Mn) Analysis and Forecast By Region

 12.3.1. North America

 12.3.2. Latin America

 12.3.3. Europe

 12.3.4. East Asia

 12.3.5. South Asia

 12.3.6. Oceania

 12.3.7. Middle East and Africa (MEA)

 12.4. Market Attractiveness Analysis By Region

13. North America Paper Packaging Materials Market Analysis and Forecast

 13.1. Introduction

 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy

 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy

 13.3.1. By Country

 13.3.1.1. U.S.

 13.3.1.2. Canada

 13.3.2. By Product

 13.3.3. By End User

 13.4. Market Attractiveness Analysis

 13.5. Key Market Participants - Intensity Mapping

 13.6. Drivers and Restraints - Impact Analysis

14. Latin America Paper Packaging Materials Market Analysis and Forecast

 14.1. Introduction

 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy

 14.3. Market Size (US$ Mn) Forecast By Market Taxonomy

 14.3.1. By Country

 14.3.1.1. Brazil

 14.3.1.2. Mexico

 14.3.1.3. Argentina

 14.3.1.4. Rest of Latin America

 14.3.2. By Product

 14.3.3. By End User

 14.4. Market Attractiveness Analysis

 14.5. Key Market Participants - Intensity Mapping

 14.6. Drivers and Restraints - Impact Analysis

15. Europe Paper Packaging Materials Market Analysis and Forecast

 15.1. Introduction

 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy

 15.3. Market Size (US$ Mn) Forecast By Market Taxonomy

 15.3.1. By Country

 15.3.1.1. Germany

 15.3.1.2. Italy

 15.3.1.3. France

 15.3.1.4. U.K.

 15.3.1.5. Spain

 15.3.1.6. Russia

 15.3.1.7. Rest of Europe

 15.3.2. By Product

 15.3.3. By End User

 15.4. Market Attractiveness Analysis

 15.5. Key Market Participants - Intensity Mapping

 15.6. Drivers and Restraints - Impact Analysis

16. South Asia Paper Packaging Materials Market Analysis and Forecast

 16.1. Introduction

 16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy,

 16.3. Market Size (US$ Mn) Forecast By Market Taxonomy

 16.3.1. By Country

 16.3.1.1. India

 16.3.1.2. Thailand

 16.3.1.3. Indonesia

 16.3.1.4. Malaysia

 16.3.1.5. Rest of South Asia

 16.3.2. By Product

 16.3.3. By End User

 16.4. Market Attractiveness Analysis

 16.5. Key Market Participants - Intensity Mapping

 16.6. Drivers and Restraints - Impact Analysis

17. East Asia Paper Packaging Materials Market Analysis and Forecast

 17.1. Introduction

 17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy

 17.3. Market Size (US$ Mn) Forecast By Market Taxonomy

 17.3.1. By Country

 17.3.1.1. China

 17.3.1.2. Japan

 17.3.1.3. South Korea

 17.3.1.4. Rest of East Asia

 17.3.2. By Product

 17.3.3. By End User

 17.4. Market Attractiveness Analysis

 17.5. Key Market Participants - Intensity Mapping

 17.6. Drivers and Restraints - Impact Analysis

18. Oceania Paper Packaging Materials Market Analysis and Forecast

 18.1. Introduction

 18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy

 18.3. Market Size (US$ Mn) Forecast By Market Taxonomy

 18.3.1. By Country

 18.3.1.1. Australia

 18.3.1.2. New Zealand

 18.3.2. By Product

 18.3.3. By End User

 18.4. Market Attractiveness Analysis

 18.5. Key Market Participants - Intensity Mapping

 18.6. Drivers and Restraints - Impact Analysis

19. Middle East and Africa Paper Packaging Materials Market Analysis and Forecast

19.1. Introduction

 19.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy

 19.3. Market Size (US$ Mn) Forecast By Market Taxonomy

 19.3.1. By Country

 19.3.1.1. GCC Countries

 19.3.1.2. South Africa

 19.3.1.3. Rest of Middle East and Africa

 19.3.2. By Product

 19.3.3. By End User

 19.4. Market Attractiveness Analysis

 19.5. Drivers and Restraints - Impact Analysis

20. Key and Emerging Countries Paper Packaging Materials Market Analysis and Forecast

 20.1. Introduction

 20.1.1. Market Value Proportion Analysis, By Key Countries

 20.1.2. Global Vs. Country Growth Comparison

 20.2. U.S. Paper Packaging Materials Market Analysis

 20.2.1. By Product

 20.2.2. By End User

 20.3. Canada Paper Packaging Materials Market Analysis

 20.3.1. By Product

 20.3.2. By End User

 20.4. Mexico Paper Packaging Materials Market Analysis

 20.4.1. By Product

 20.4.2. By End User

 20.5. Brazil Paper Packaging Materials Market Analysis

 20.5.1. By Product

 20.5.2. By End User

 20.6. U.K. Paper Packaging Materials Market Analysis

 20.6.1. By Product

 20.6.2. By End User

 20.7. Germany Paper Packaging Materials Market Analysis

 20.7.1. By Product

 20.7.2. By End User

 20.8. France Paper Packaging Materials Market Analysis

 20.8.1. By Product

 20.8.2. By End User

 20.9. Italy Paper Packaging Materials Market Analysis

 20.9.1. By Product

 20.9.2. By End User

 20.10. Spain Paper Packaging Materials Market Analysis

 20.10.1. By Product

 20.10.2. By End User

 20.11. BENELUX Paper Packaging Materials Market Analysis

 20.11.1. By Product

 20.11.2. By End User

 20.12. Russia Paper Packaging Materials Market Analysis

 20.12.1. By Product

 20.12.2. By End User

 20.13. China Paper Packaging Materials Market Analysis

 20.13.1. By Product

 20.13.2. By End User

 20.14. Japan Paper Packaging Materials Market Analysis

 20.14.1. By Product

 20.14.2. By End User

 20.15. South Korea Paper Packaging Materials Market Analysis

 20.15.1. By Product

 20.15.2. By End User

 20.16. India Paper Packaging Materials Market Analysis

 20.16.1. By Product

 20.16.2. By End User

 20.17. ASEAN Paper Packaging Materials Market Analysis

 20.17.1. By Product

 20.17.2. By End User

 20.18. Australia Paper Packaging Materials Market Analysis

 20.18.1. By Product

 20.18.2. By End User

 20.19. New Zealand Paper Packaging Materials Market Analysis

 20.19.1. By Product

 20.19.2. By End User

 20.20. GCC Countries Paper Packaging Materials Market Analysis

 20.20.1. By Product

 20.20.2. By End User

 20.21. Turkey Paper Packaging Materials Market Analysis

 20.21.1. By Product

 20.21.2. By End User

 20.22. South Africa Paper Packaging Materials Market Analysis

 20.22.1. By Product

 20.22.2. By End User

21. Market Structure Analysis

 21.1. Market Analysis by Tier of Companies

 21.2. Market Concentration

 21.3. Market Share Analysis of Top Players

 21.4. Market Presence Analysis

 21.4.1. By Regional footprint of Players

 21.4.2. Product foot print by Players

 21.4.3. Channel Foot Print by Players

22. Competition Analysis

 22.1. Competition Dashboard

 22.2. Competition Benchmarking

 22.3. Competition Deep dive

 22.3.1. Stora Enso Oyj

 22.3.1.1. Overview

 22.3.1.2. Product Portfolio

 22.3.1.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.1.4. Sales Footprint

 22.3.1.5. Strategy Overview

 22.3.2. WestRock Company

 22.3.2.1. Overview

 22.3.2.2. Product Portfolio

 22.3.2.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.2.4. Sales Footprint

 22.3.2.5. Strategy Overview

 22.3.3. Hood Packaging Corporation

 22.3.3.1. Overview

 22.3.3.2. Product Portfolio

 22.3.3.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.3.4. Sales Footprint

 22.3.3.5. Strategy Overview

 22.3.4. DS Smith PLC

 22.3.4.1. Overview

 22.3.4.2. Product Portfolio

 22.3.4.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.4.4. Sales Footprint

 22.3.4.5. Strategy Overview

 22.3.5. Holmen AB

 22.3.5.1. Overview

 22.3.5.2. Product Portfolio

 22.3.5.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.5.4. Sales Footprint

 22.3.5.5. Strategy Overview

 22.3.6. Georgia-Pacific LLC

 22.3.6.1. Overview

 22.3.6.2. Product Portfolio

 22.3.6.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.6.4. Sales Footprint

 22.3.6.5. Strategy Overview

 22.3.7. BillerudKorsnäs AB

 22.3.7.1. Overview

 22.3.7.2. Product Portfolio

 22.3.7.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.7.4. Sales Footprint

 22.3.7.5. Strategy Overview

 22.3.8. International Paper Company

 22.3.8.1. Overview

 22.3.8.2. Product Portfolio

 22.3.8.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.8.4. Sales Footprint

 22.3.8.5. Strategy Overview

 22.3.9. Mayr-Melnhof Karton AG

 22.3.9.1. Overview

 22.3.9.2. Product Portfolio

 22.3.9.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.9.4. Sales Footprint

 22.3.9.5. Strategy Overview

 22.3.10. Mondi Group plc

 22.3.10.1. Overview

 22.3.10.2. Product Portfolio

 22.3.10.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.10.4. Sales Footprint

 22.3.10.5. Strategy Overview

 22.3.11. Napco National

 22.3.11.1. Overview

 22.3.11.2. Product Portfolio

 22.3.11.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.11.4. Sales Footprint

 22.3.11.5. Strategy Overview

 22.3.12. Oji Holdings Corporation

 22.3.12.1. Overview

 22.3.12.2. Product Portfolio

 22.3.12.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.12.4. Sales Footprint

 22.3.12.5. Strategy Overview

 22.3.13. Smurfit Kappa Group plc

 22.3.13.1. Overview

 22.3.13.2. Product Portfolio

 22.3.13.3. Profitability by Market Segments (Product/Channel/Region)

 22.3.13.4. Sales Footprint

 22.3.13.5. Strategy Overview

23. Assumptions and Acronyms Used
24. Research Methodology

Research Methodology