Regulatory Shifts and Consumer Demand for Sustainable Packaging Driving Growth in Paper and Paperboard Packaging Market

The paper and paperboard packaging industry involves the manufacturing and supply of packaging materials made from paper and paperboard. Paper and paperboard packaging are used for a wide range of applications such as food and beverage packaging, pharmaceutical packaging, personal care products packaging, and many other consumer goods.

The scope of the paper and paperboard packaging industry is vast as it caters to a broad range of industries, including fast-moving consumer goods, pharmaceuticals, and e-commerce. The paper and paperboard packaging market demand is continually increasing due to its eco-friendliness, versatility, and cost-effectiveness. The industry is also becoming increasingly innovative, with the development of new, sustainable materials and designs that meet the needs of modern consumers. The growth is attributed to the increasing demand for eco-friendly packaging solutions, coupled with the rising demand for packaged food and beverages.

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Paper & Paperboard Packaging Market Key Players 

The paper & paperboard packaging market comprises major solution providers, Amcor Ltd. (Australia), ITC Limited (India), Cascades Inc. (Canada), Rock-Tenn Company (U.S.), Clearwater Paper Corporation (U.S.), Packaging Corporation of America (U.S.), DS Smith Plc. (U.K.), Mondi Group (South Africa), and Metsä Group (Finland) among others. 

International Paper (US), Amcor plc (Switzerland), WestRock Company (US), & Mondi Group (UK) These among others are the leading paper & paperboard packaging manufacturers, globally.

International Paper is one of the world leaders in manufacturing containerboard and corrugated packaging products. The businesses of the company are industrial packaging and global cellulose fibers. The company is also involved in consumer packaging and printing papers.

Amcor plc is the second-largest player in the paper & paperboard packaging market, globally.The company has a wide range of products both in rigid and flexible packaging areas.

"SBS segment of paper & paperboard packaging to be the second largest segment"

SBS (Solid Bleached Sulphate) is a premium grade paperboard used for high-end packaging applications. It is known for its excellent printability, high brightness, and smooth surface, making it ideal for packaging applications such as cosmetics, toiletries, pharmaceuticals, and luxury goods.

The growth in the SBS segment is attributed to the increasing demand for premium packaging solutions for high-end products, as well as the rising awareness of sustainable packaging practices. The SBS paperboard is highly recyclable and can be used to produce sustainable packaging solutions, making it an attractive option for businesses looking to meet their sustainability goals. it is a significant and growing segment that offers unique opportunities for businesses looking to cater to high-end packaging markets.

"Boxboard segment to be the fastest growing type of paper & paperboard packaging"

Boxboard is a type of paperboard that is commonly used in the packaging industry due to its stiffness, lightweight, and versatility. It is used for a wide range of applications, including packaging for food and beverages, personal care products, pharmaceuticals, and consumer goods.

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Boxboard is highly recyclable and can be used to produce sustainable packaging solutions, making it an attractive option for businesses looking to meet their sustainability goals. Additionally, the growing demand for e-commerce packaging and the increasing preference for lightweight packaging solutions are expected to drive the growth of the boxboard segment in the coming years.

"Europe is the second largest market for paper & paperboard packaging"

The growth of the paper and paperboard packaging market in Europe is attributed to several factors, including the increasing demand for sustainable packaging solutions, the growing e-commerce industry, and the rise of convenience foods and beverages. Additionally, the European Union's Circular Economy Action Plan is driving the adoption of sustainable and circular packaging solutions, further boosting the growth of the market.

The region has a well-established and advanced infrastructure for paper and paperboard production, as well as a highly skilled workforce and a strong focus on innovation. The European paper and paperboard packaging industry has been investing in new technologies and materials to improve the quality, efficiency, and sustainability of its products.