Market Research Future (MRFR) studied the global Paper and Paperboard Packaging Market Share, 2020 and effect of coronavirus pandemic on it for the years to come. As per MRFR findings, the global Paper and Paperboard Packaging Market Share, can rise at 6% CAGR across the forecast period.

Key Players

MRFR identified reputed Paper & paperboard packaging marketers. They are; ITC Ltd. (India), Cascades Inc. (Canada), Amcor Ltd. (Australia),Clearwater Paper Corporation (U.S.), RockTenn Company (U.S.), Spartan Paperboard Company (U.S.), Nippon Paper Industries Co., Ltd. (Japan), DS Smith Plc. (U.K.)

Market Segmentation

The segment study of the Global Paper and Paperboard Packaging Market Share , is based on grade, type, and application. The type based, the Paper and Paperboard Packaging Market Share, segments are boxboard, corrugated boxes, and paper bags. The high range of applications of Paper bags can rise at cause the expansion of the share at a high CAGR in the review period. Valve bags, multi-wall paper over poly, sewn open mouth bags, and pinch bottom open mouth bags are some types of paper bags that are available in the market.

The grade based segments of the paper and paperboard market are solid bleached sulfate, folding boxboard, coated unbleached kraft board, and white line chipboar among others.

The application based, the paper and paperboard market segments are food & beverages, personal care, electronics, and healthcare among others. The food & beverage uses high volume of Paper and paperboard packaging applications. This can boost the expansion of the market. Meanwhile, rise in the utility of paper and paperboard packaging in personal care sector can impel the market growth. The market can also be driven by the rise in paper packaging for frozen foods.

Regional Analysis

Rapid urbanization, rise in per capita income, and high utility of non-durable consumer goods can lead to the expansion of the Paper and Paperboard Packaging Market Share, in APAC. In Japan, the increase in the application of Paper and paperboard box packaging and the region having the highest per capita consumer can underpin the expansion of APAC market. COVID-19 Impact

Ongoing retail trends in the region can lead to rise in innovations in design of boxes and change in the preference of shopping choices, and altering demand for goods in smaller volumes to keep closer to home can lead to the Paper and Paperboard Packaging Market Share, in Europe.

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