07-Oct-2024 | Zion Market Research
According to Zion Market Research, the worldwide rigid paper containers market was capitalized at about US$ 381.3 Million during 2023. During 2024 – 2032, the rigid paper containers market is projected to develop at a CAGR of 5.7%. These paper containers are paper-based wrapping solutions that consist of tubes, boxes, trays, liquid cartons, and clamshells. Rigid paper containers can be produced by utilizing either containerboard or paperboard. The rigid paper containers are produced from containerboard and consist of two grades of the board: corrugating medium and linerboard. The material that is not corrugated includes pharmaceutical cartons, cereal boxes, and liquid cartons. The rigid paper containers are easily printable and hence are believed to be perfect for printing product information plus marketing & branding information.
Some of the leading players functional in this market are Smurfit Kappa, Sonoco Products Company, Cascades Inc., Mondi Group plc, Huhtamaki Oyj, Stora Enso Oyj, International Paper Company, Oji Holdings Corporation, WestRock Company, and DS Smith plc.
Rising Demand For Eco-Friendly Packaging Material To Boost The Global Rigid Paper Containers Market
The key driver propelling the global rigid paper containers market is increasing demand for eco-friendly packaging material. Additionally, augmenting disposable income, growing food and beverage expenditure, growing population, surging awareness regarding environmental effects are amongst some other aspects anticipated to prompt the development of the worldwide rigid paper containers market in the estimated period. Additionally, the increasing administrative initiatives and regulations regarding paper usage, intensifying demand for ready-to-eat food and beverages, mounting consumer demands & requirement for convenient packaging are some other factors likely to increase the demand for the market during 2024 – 2032.
The global rigid paper containers market is categorized on the basis of board type, product type, end-user, industry verticals, and geography. By board type, the market is divided into paperboard and containerboard. By product type, the market is divided into boxes, liquid cartons, tubes, trays, and clamshells. By end-user, the market is divided into sacks, bags & pouches, envelopes, composite cans, corrugated sheets, and cartons. By industry verticals, the market is divided into pharmaceuticals, food & beverages, automotive & allied industries, cosmetics & personal care, electronics & electrical and other consumer goods.
North America Market To Dominate The Global Rigid Paper Containers Market
Based on the geographical analysis, the global rigid paper containers market is classified into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. North America market is likely to rule the global rigid paper containers market, due to increasing food and beverage outflow in nations across the region. On contrary, the market across the Asia Pacific is anticipated to be a budding market for the worldwide rigid paper containers market and is projected to report the highest CAGR during the estimated period, due to surging demand for rigid paper containers in food & beverages sector.
Browse the full “Rigid Paper Containers Market by Product (Boxes, Tubes, Trays, Clamshells, And Liquid Cartons), By Type (Organic and Conventional), By Distribution Channel (Direct & Indirect): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/rigid-paper-containers-market
The global rigid paper containers market is segmented as follows:
By board type:
By product type:
By end-user:
By industry verticals:
By Region
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