Title: Paper and Paperboard Market - Forecast(2022 - 2027)
1Paper and Paperboard Market Market size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Paper and paperboard market size is forecast to
reach US183.2 billion by 2027, after growing at
a CAGR of 4.7 during 2022-2027. - Paper and paperboard refer to sheet materials
that comprise an intertwined network of cellulose
fiber. Since paper and paperboards can be easily
recycled, paper and paperboard rigid packaging
technologies have broad applications across many
industrial verticals from healthcare to the food
and beverage industry and personal care to home
care and others.
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Key Takeaways
- Europe region dominates the paper and paperboard
market, owing to the rising demand for organic
food in the region. For instance, according to
the Germany Trade and Invest (GTAI), in the year
2020, the organic food sales were 15 billion
(US17.13 billion), which was the highest ever
sales for Germany. - Consumers are becoming more aware of the negative
effects of non-biodegradable items and growing
environmentally conscious, they are increasingly
opting for environmentally sustainable solutions,
which is driving the paper and paperboard market g
rowth.
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By Distribution Channel- Segment Analysis The
paper bags and sacks segment held the largest
share in the paper and paperboard market in 2021,
owing to its substantial increase in innovation
due to technological development. Paper bags and
sacks are used mostly for packaging various food
products such as confectionery, sweets, coffee,
sugar, and many more. Moreover, increasing
concern over the disposal of plastic waste has
generated opportunities for growth in the
paper bags and sacks segment.
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- Paper and Paperboard Market Industry Outlook
- Amcor Ltd.
- Cascades Inc.
- ITC Ltd.
- DS Smith Plc.
- Packaging Corporation of America
- Clearwater Paper Corporation
- Mondi Group
- Metsa Group
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Paper and Paperboard Market - Forecast(2022 -
2027)Learn More About the Report
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and-paperboard-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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