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Global Paper and Paperboard Container and Packaging Market to Grow by $ 102.51 Billion During 2020-2024 | Featuring Amcor Plc, DS Smith Plc, and Georgia-Pacific LLC Among Others | Technavio

December 15, 2020 GMT

LONDON--(BUSINESS WIRE)--Dec 15, 2020--

Technavio estimates the global paper and paperboard container and packaging market to grow by USD 102.51 billion, progressing at a CAGR of almost 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201214005762/en/

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Technavio has announced its latest market research report titled Global Paper and Paperboard Container and Packaging Market 2020-2024 (Graphic: Business Wire).

The market is driven by rising demand from e-commerce industry. However, the chances of contamination with recycled paperboard might challenge growth.

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Paper and Paperboard Container and Packaging Market: Product Landscape

Based on the product, the market saw maximum growth in the paper bags and sacks segment in 2019. The segment is driven by the extensive use of paper bags and sacks in food and beverages and construction industries. The market growth in the segment will be significant over the forecast period.

Paper and Paperboard Container and Packaging Market: Geography Landscape

40% of the market’s growth originated from APAC in 2019. Factors such as expanding population and increasing urbanization across developing countries are fueling the growth of the paper and paperboard container and packaging market in APAC.

China, Japan, and South Korea (Republic of Korea) are the key markets for paper and paperboard container and packaging in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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Major Three Paper and Paperboard Container and Packaging Market Vendors:

Amcor Plc

Amcor Plc operates its business through segments such as Flexibles and Rigid Packaging. The company offers products such as BBBLux, Banderole, Charta, Viva, and Expeco.

DS Smith Plc

DS Smith Plc offers corrugated packaging for retail, shelf-ready packaging, consumer packaging, transit and transport packaging, online and e-retail packaging, and industrial packaging.

Georgia-Pacific LLC

Georgia-Pacific LLC operates its business through segments such as Consumer Products, GP Building & Construction, GP PRO, GP Cellulose, GP Nonwovens, GP Packaging, and Georgia-Pacific Recycling. The company offers a variety of grades of performance linerboards and corrugating medium. It also offers white top linerboard products.

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Related Reports on Materials Include:

Global Paper Chemicals Market – Global paper chemicals market is segmented by type (bleaching chemicals, pulping agents, sizing agents, binders, and others) and geography (APAC, Europe, MEA, North America, and South America). Get a free sample report to know more

Global Specialty Paper Market – Global specialty paper market is segmented by application (packaging and labeling, printing and writing, industrial, construction, and others), raw material (hardwood, and softwood), and geography (APAC, Europe, MEA, North America, and South America). Get a free sample report to know more

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20201214005762/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: FOREST PRODUCTS PACKAGING NATURAL RESOURCES MANUFACTURING

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 12/15/2020 12:30 AM/DISC: 12/15/2020 12:30 AM

http://www.businesswire.com/news/home/20201214005762/en