Packing Paper Market to surpass US$ 72.4 Billion by 2032, Says FMI

FMI

Throughout the years 2022-2032, the packaging paper market is projected to grow at an effective CAGR of 4.8%. The packing paper market is a rapidly growing segment of the global packaging industry. Packing paper is a type of paper used for packaging purposes such as wrapping, cushioning, and filling voids in shipping boxes. It is typically made from recycled materials and is eco-friendly, which makes it an attractive option for environmentally conscious consumers.

Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14857

The increasing demand for packing paper is driven by the growth of the e-commerce industry, which has created a need for more efficient and sustainable packaging solutions. The rise of online shopping has led to a significant increase in the volume of packages being shipped, which has resulted in a higher demand for packing materials such as packing paper.

Moreover, the growth of the food and beverage industry is also driving the demand for packing paper. This is because packing paper is used extensively in the packaging of food products such as bakery items, fruits, and vegetables. The rise in demand for fresh and organic food products has further fueled the growth of the packing paper market.

In terms of geography, the Asia-Pacific region is expected to witness the highest growth in the packing paper market due to the rapid expansion of the e-commerce and food and beverage industries in countries such as China and India.

Request Discount @ https://www.futuremarketinsights.com/request-discount/rep-gb-14857

In conclusion, the packing paper market is expected to witness significant growth in the coming years due to the increasing demand for sustainable and eco-friendly packaging solutions. The rise of e-commerce and the food and beverage industry are the major drivers of this growth, and the Asia-Pacific region is expected to be the fastest-growing market for packing paper.

Key players

  • The Packaging Company
  • Packhelp
  • Ruskin Group
  • Purple Co
  • Moraya Packaging
  • Pratt Industries, Inc.
  • Mondi Group plc

Request for TOC @ https://www.futuremarketinsights.com/toc/rep-gb-14857

Key segments

By Material Type:

  • Corrugated Board
  • Specialty Paper
  • Box-board/Carton Board
  • Kraft Papers
  • Other

By End-use Industry:

  • Food & Beverage
  • Healthcare
  • Personal Care & Cosmetics
  • Homecare & Toiletries
  • E-Commerce
  • Chemicals & Fertilizers
  • Others

By Packing Type:

  • Corrugated Boxes
  • Cartons
  • Wrapping Paper
  • Cups & Tray
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia

About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years

Contact Us:

Future Market Insights Inc.

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers

Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com   

Browse all Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these