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The global Paper and Paperboard Packaging Market is anticipated to reach $413 billion by 2026 according to a new research published by Polaris Market Research
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Paper And Paperboard Packaging MarketSet to Exceed USD $413 billion by 2026 | CAGR 5.5% “Paper and Paperboard Packaging Market By Type (Containerboard, Cartonboard, Flexible Paper); By Grade (Unbleached Kraft Paperboard, Bleached Paperboard, Recycled Paperboard); By End-User (Food and Beverage, Healthcare, Retail, Consumer Goods), By Regions, Segments & Forecast, 2018 - 2026”
Paper And Paperboard Packaging Market Estimate & Forecast to 2026 The global Paper and Paperboard Packaging Market is anticipated to reach $413 billion by 2026 according to a new research published by Polaris Market Research. In 2018, the food and beverage segment accounted for the highest Paper and Paperboard Packaging market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global Paper and Paperboard Packaging market revenue in 2018. The significant investments by producers in environmental protection and energy optimization programmes, coupled with initiatives aimed at use of biodegradable packaging solutions and improving logistics and transportation majorly drives the Paper and Paperboard Packaging market growth. The growth in e-commerce, driven by growing broadband internet penetration, use of smartphones and an increasing proportion of technologically inclined consumers would further support the growth of the Paper and Paperboard Packaging market. Increasing demand for sustainable packaging solutions and stringent regulations against use of non-biodegradable packaging materials boosts the Paper and Paperboard Packaging market growth.
Paper And Paperboard Packaging Market Scope Request for sample
Paper And Paperboard Packaging Market Estimate & Forecast to 2026 Asia-Pacific generated the highest Paper and Paperboard Packaging market share in terms of revenue in 2018, and is expected to lead the global Paper and Paperboard Packaging market throughout the forecast period. The growing population, rising disposable incomes, and a transition from traditional markets to the purchasing of packaged consumerist goods, especially in the food segment has accelerated the adoption of Paper and Paperboard Packaging market growth in the region. The food and beverage, and food delivery industry is on a significant rise in the region. The specialized and on-demand O2O (online to offline) delivery market is generating numerous opportunities for the Paper and Paperboard Packaging industry. The well-known companies profiled in the Paper and Paperboard Packaging report include International Paper Company, Nippon Paper Group Inc., DS Smith Plc, Mondi Group, Georgia-Pacific Corporation, Amcor Limited, WestRock Company, Clearwater Paper Corporation, ITC Limited, Tetra Pak. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. Browse Complete Report
Paper and Paperboard Packaging Market Share By Type, 2017 & 2026 Request for TOC
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