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Paper Boxes Market Size, Industry Analysis Report By Grade Level (Solid Bleached, Coated Recycled, Uncoated Recycled), By Packaging Level (Primary Packaging, Secondary Packaging, Tertiary), By End-Use Industry (Food, Beverages, Personal Care and Home Care, Healthcare) & Region – Forecasts

  • PUBLISHED ON
  • 06/12/2022
  • NO OF PAGES
  • 256
  • CATEGORY
  • Retails & Consumer
Global Paper Boxes Market: Overview
The Global Paper Boxes Market is valued at around USD 409.7 Billion in 2022 and is expected to reach USD 414.3 Billion in 2022 by the year 2030 registering a CAGR of 4.9% over the forecast period. Paper boxes are used to make a variety of products such as small containers, product packaging, and even structural support for less rigid items like notepads, inserts that keep clothing items like button-up shirts from losing shape, and more.

Global Paper Boxes Market - Growth Factors
The growing environmental concerns leading to the banning of plastic materials is leading to the growth of the market during the forecast period. The factor played a major role in the growth of the market even during the previous forecast period. The businesses as well as the consumers are switching themselves to the adaption of paper boxes instead of the plastic ones as these are easy to carry, light weighted and most importantly do not cause harm to the human health as well as the environment,. This factor is estimated to boost the growth of the market during the forecast period. Also, the stringent rules of the governments of various countries has been imposing ban on plastics due to its ill effects and has been promoting the use of paper boxes for packaging and for storage. This factor is also driving the growth of the market during the forecast period.

Global Paper Boxes Market – Market Trends
• The increasing e-commerce industry is leading the increasing use of parcel materials and paper boxes are playing a major role in the delivery of the parcel materials as the majority of the materials are delivered in the boxes made out of paper. This factor is boosting the growth of the market during the forecast period.
• The businesses as well as the consumers are switching themselves to the adaption of paper boxes instead of the plastic ones as these are easy to carry, light weighted and most importantly do not cause harm to the human health as well as the environment,. This factor is estimated to boost the growth of the market during the forecast period.
• However, the growing number of cutting of the trees is leading to the loss in the forests and thus is leading to the decreasing wildlife and this factor is estimated hamper the growth of the market during the forecast period. Also, the growing number of prices of the paper is also the factor that is estimated to slowdown the growth of the market during the forecast period.

Global Paper Boxes Market – Segmentation
The global paper boxes market has been sub-classified into grade type, application and end-use.

By Grade Level
• Solid Bleached
• Coated Recycled
• Uncoated Recycled
• Others

By Packaging Level:
• Primary Packaging
• Secondary Packaging
• Tertiary

By End-Use Industry:
• Food
• Beverages
• Personal Care and Home Care
• Healthcare
• Others

Global Paper Boxes Market – Regional Analysis
It is estimated for the region of US to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market.

Global Paper Boxes Market – Key Market players
Amcor, DS Smith, Evergreen Group, Holmen, Hood Packaging Corporation, Huhtamäki, International Paper Company, Kapstone LLC, Mayr-Melnhof, Mondi Group, Pratt Industries, WestRock Inc. and so on are the major players that are driving the growth of the market during the forecast period.

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Market Research Process




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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

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