Paper & paperboards have been an intrinsic part of the packaging market and as a result of this the industry has observed incremental levels of demand over the years. Market focused reports connected to the information & communication technology sector among others lately have been made available by Market Research Future which publishes a report on this sector. The Paper and Paperboard Packaging Market Share is projected to demonstrate a 6 % CAGR through the forecast period

Increased shopping preferences of consumers are changing the products that are being demanded to be nearer to the place they are located in and in lesser volumes which is indirectly causing expansion of the paper & paperboard packaging industry.

Industry Segments

The market for paperboard & paper packaging is segmented into grade, type, application and regions. On the basis of type the segment comprises of paper & paperboard packaging, boxboard, and paper bags. The segmentation on the basis of grade includes solid bleached sulfate, folding boxboard, coated unbleached kraft board, white line chipboard and others. The application segment of the market comprises of personal care, electronics, food & beverages, healthcare, and others. The segmentation on the basis of regions includes Europe, North America, APAC and Rest of the World.

Regional Analysis

The regional analysis of the Paper and Paperboard Packaging Market Share includes regions such as Asia Pacific, North America, Europe and rest of the world. The Asia-Pacific region rules the market for the paperboard & Paper packaging, region. Countries like China, India and Japan are marked with rising disposable income and change in preferences & lifestyle. This has also contributed to a surge in consumption of ready to eat meals and packaged foods growing the demand for such packaging. Significant development in electronics industry has had a positive impact on the market. This region is estimated to grow at a good pace during the forecast period. The Asia Pacific region which includes nations like China where the healthcare and the food and beverage industries are the fastest growing industries that comprehensively involve the use of corrugated packages. 

The major competitors of paper & paperboard packaging market comprise of Mondi Group, Clearwater Paper Corporation, DS Smith Plc., Packaging Corporation of America, RockTenn Company, International Paper Company, Nippon Paper Industries Co. Ltd., Metsa Group, Smurfit Kappa Group Plc. and Cascades Inc. 

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