The Paper and Paperboard Packaging Market Size is predominantly driven by the awareness towards the advantages this packaging offers such economical, eco-friendly, and durable packaging solutions.
Regional Analysis
Region-specific details of the global Paper and Paperboard Packaging Market Size includes North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
North America’s second position is mostly due to the growth of the food and beverage sector in this country. The regional food & beverage business is quite large and on it the plastic container market is thriving. Increasing storage expenditures and proper measures taken to maintain the transportation of the product hike the growth further.
Europe has the potential to delivery remarkably during the forecast period. The product sustainability has made the region look for such packaging options to carry on with the ambition. In the APAC region, rise in packaging would be substantial with increasing number of industries in countries like India and China.
Segmentation
MRFR segmented the global Paper and Paperboard Packaging Market Size by type, grade, and application in their latest report for a closer inspection of trends and factors driving the market ahead.
Based on the grade, the Paper and Paperboard Packaging Market Size encompasses white line chipboard, folding boxboard, solid bleached sulfate, coated unbleached kraft board, and others.
Based on the application, the Paper and Paperboard Packaging Market Size includes personal care, healthcare, food & beverages, electronics, and others. The food & beverage had the maximum market coverage during the 2016.
Competitive Landscape
Several companies are in the run to develop the best and take over the global Paper and Paperboard Packaging Market Size. These companies are ITC Ltd. (India), Amcor Ltd. (Australia), RockTenn Company (U.S.), Cascades Inc. (Canada), Packaging Corporation of America (U.S.), Clearwater Paper Corporation (U.S.).
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