The Paper And Paperboard Container And Packaging Market is being driven by Emergence of specialized paper and paperboard containers
The Paper And Paperboard Container And Packaging Market is expected to grow at a CAGR of 4.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 62.8 billion. In the realm of business and innovation, smart packaging emerges as a game-changer. Embodied with sensor technology, this advanced packaging solution enhances product value and quality. By measuring product conditions directly, smart packaging offers actionable insights to enterprises, facilitating informed decisions on inventory management. Industries such as food and beverage, healthcare, and pharmaceuticals significantly benefit from this technology, ensuring product freshness, displaying quality information, and prioritizing customer and product safety. The global smart packaging market, though in its infancy, holds immense potential for growth, fueled by advancements in microsensors, printed electronics, authentication platforms, and the Internet of Things (IoT).
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
246 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.3% |
Market growth 2025-2029 |
USD 62.8 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.0 |
Key countries |
US, China, Japan, India, Germany, Canada, UK, France, Italy, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Paper and Paperboard Container and Packaging Market encompasses the production of Folding Cartons and Containers from Paperboards. This involves processes such as Pulping, Bleaching, Refining, Sheet Forming, Drying, Calendaring, and Winding. The market caters to various industries, including Food and Beverage, driven by consumer spending, demographic trends, and changing lifestyles. E-commerce, E-retailing channels, and convenience are key factors fueling demand for packed products. Sustainable, high-strength paper and eco-friendly alternatives to plastic are prioritized. Brands utilize this packaging for various applications, from cosmetics to consumer goods, with a focus on the printing surface as a brand builder.
In the intricate landscape of the Paper and Paperboard Container and Packaging Market, paper-based packaging materials hold a significant position. The production process encompasses various stages, including pulping, bleaching, refining, sheet forming, drying, calendaring, and winding. Paper packaging materials contend with metals, glass, and plastics in the market, with a fragmented supply chain. Suppliers play a crucial role, providing raw materials for paperboard production, such as wood pulp, and metal container raw materials like steel, aluminum, and tin for coating; glass container raw materials including borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, and regular soda-lime glass; and plastic container raw materials such as high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC). The market demand is met through the manufacturing process, which involves the large-scale production of paperboard and the subsequent conversion into folding cartons, containers, and other packaging solutions. Distribution channels ensure these products reach end-users, including industries producing soups, seasonings, and other consumer goods.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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