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Paper Packaging Market Size

  • Report ID: GMI6372
  • Published Date: Aug 2023
  • Report Format: PDF

Paper Packaging Market Size

Paper Packaging Market size was valued at around USD 379 billion in 2022 and is estimated to reach USD 565.1 billion by 2032. As environmental concerns continue to grow, there is a rising demand for sustainable and eco-friendly packaging alternatives. Paper packaging is biodegradable, recyclable, and renewable, making it an attractive choice for consumers and businesses aiming to reduce their environmental footprint. With increasing awareness of plastic pollution and its environmental impact, there is a global movement towards reducing plastic usage.

 

The food and beverage industry is a significant consumer of paper packaging due to its ability to provide safe and hygienic storage for perishable and non-perishable items. Paper-based packaging materials, such as paperboard cartons, bags, and cups, are widely used in the food industry.
 

Paper packaging has inherent limitations in terms of moisture and water resistance. This can be a challenge, especially in the food and beverage industry, where products need protection from moisture and other external elements. Compared to some other packaging materials like metal and certain plastics, paper has relatively limited barrier properties against gases, oils, and other substances. Paper packaging can be more fragile and susceptible to damage during transportation and handling compared to more rigid packaging materials. Thus, the risks associated with Paper packaging may drive down the acceptance rate, further hampering the paper packaging market progress.
 

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Paper packaging industry share was USD 379 billion in 2022 and is expected to reach USD 565.1 billion by the end of 2032, due to the rising demand for sustainable and eco-friendly packaging alternatives worldwide.

The fresh sources product segment held a market share of USD 184.8 billion in 2022 and is expected to witness significant growth through 2032, owing to increasing demand for corrugated boxes, cartons, and bags.

The folding board box application segment in the paper packaging market held market share of around 40% in 2022 and is expected to gain traction through 2032, due to increasing adoption of packaging materials for several consumer goods.

Some of the prominent paper packaging companies are Nippon Paper Industries Co., Ltd., Stora Enso, South African Pulp & Paper Industries, Mondi plc, ITC Limited, and Smurfit Kappa Group.

Paper Packaging Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 191
  • Countries covered: 21
  • Pages: 150
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