The Paper And Paperboard Container And Packaging Market in APAC is expected to grow at a CAGR of 4.2% to reach USD 21.3 billion by 2028. In the APAC market, paper and paperboard containers and packaging have gained significant traction due to the integration of advanced technologies such as Quick Response (QR) codes. These codes offer numerous branding opportunities for enterprises by enabling consumers to access instant product information through a simple scan. Primary packaging, which directly holds the product, can be enhanced with QR codes, enabling direct engagement with customers. Brands can leverage this technology to promote their products on social media, gather customer feedback, and provide support services. The use of QR codes on paper and paperboard containers and packaging is a strategic move to enhance consumer engagement and boost sales in the competitive APAC market.
APAC dominates the regional market because of The APAC paper and paperboard container and packaging market exhibits robust growth, driven by increasing consumer demand for eco-friendly and sustainable packaging solutions. Key players in this market include Amcor, Smurfit Kappa Group, and DS Smith Plc, who are investing heavily in innovation and capacity expansion to cater to the region's burgeoning demand. The market is expected to reach significant value by 2025, driven by sectors such as food and beverage, pharmaceuticals, and consumer goods.
There are various factors that drive the Paper And Paperboard Container And Packaging Market in APAC market which are as following: In the dynamic APAC market, the adoption of shelf-ready packaging (SRP) and retail-ready packaging (RRP) solutions has revolutionized the paper and paperboard container and packaging industry. These innovative packaging options streamline the process of transferring goods from cases to retail shelves, ensuring a seamless movement. Initially, SRP focused on addressing the requirements of replenishing shelves in retail outlets. However, RRP extends its scope by considering the comprehensive needs of the supply chain, including shelf restocking, logistical efficiency, and customer feedback. By enhancing brand visibility and product identification, SRP and RRP packaging solutions are indispensable tools for expediting the movement of goods through the supply chain in the APAC region.
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Paper And Paperboard Container And Packaging Market in APAC Segmentation
The market witnesses several challenges, which are as follows The APAC market for paper and paperboard containers and packaging has experienced a surge in demand due to the global ban on single-use plastic bags and packaging. However, the use of paper bags in the food and beverage industry poses challenges. Their inherent weaknesses, such as limited durability and inability to contain liquids, can result in food wastage and spillage. In Pune, India, paper bags accounted for over 13% of food wastage in restaurants in June 2022. To mitigate these issues, innovations in paper packaging technology are essential to enhance the strength and waterproofing capabilities of paper bags, ensuring they meet the requirements of various industries.
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Some of the key companies that have been profiled in the report include:
The APAC paper and paperboard container and packaging market is a significant segment of the global paper and plastic packaging products and materials market. Paper packaging, an eco-friendly alternative, offers advantages such as lightweight, biodegradability, and recyclability, making it an ideal choice for protecting, preserving, and transporting various goods. This category encompasses products like packaging boards, kraft paper, and other packaging papers. In contrast, plastics, another popular packaging material, are renowned for their performance, durability, and cost-effectiveness. Depending on the nature of the substance being conveyed, plastics can be categorized into various grades and material combinations, including polyvinyl chloride, polypropylene, polyethylene, and others. - The Paper And Paperboard Container And Packaging Market in APAC is experiencing significant growth, fueled by the Increased adoption of retail-ready packaging. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
The Paper and Paperboard Container and Packaging Market in APAC is a significant sector driven by the production of various packaging types, including containers, folding cartons, and both flexible and rigid packaging. The manufacturing process involves several stages such as Pulping, Sheet forming, Drying, Refining, and Bleaching to produce high-quality paper and paperboard. The market is witnessing RD activities to innovate sustainable green packaging solutions, addressing environmental concerns through the use of renewable and recycled materials. The shift towards convenient packaging, especially in e-retailing channels and online shopping, has boosted the demand for paperboard and paper-based packaging. Food and beverage industries are major consumers of paper and paperboard packaging due to its ability to protect and preserve processed packed goods. The use of non-biodegradable materials in packaging has raised concerns, leading to increased focus on reusable and recyclable packaging. Flexible packaging, made from cellulose fibers, is gaining popularity due to its lightweight and versatility. Primary packaging, such as folding cartons, and secondary packaging, like shrink wrap and pallet wrap, are essential components of the market. Printing technology plays a crucial role in enhancing the visual appeal of packaging, making it an essential marketing tool for businesses. The market is expected to grow further as consumers increasingly demand sustainable, convenient, and eco-friendly packaging solutions.
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