RnRMarketResearch.com add Global Paper and Paperboard Container and Packaging Market 2016-2020 latest research report, the analysts forecast global paper and paperboard container and packaging market to grow at a CAGR of 7.01% during the period 2016-2020.
Complete report on paper and paperboard container and packaging market is now available at http://www.rnrmarketresearch.com/global-paper-and-paperboard-container-and-packaging-market-2016-2020-market-report.html
According to the paper and paperboard container and packaging market report, a key driver that is positively impacting market growth is the increased demand from the e-commerce industry. The growing e-commerce market, which is primarily made up of online shopping, has witnessed an increase in demand for corrugated boxes for shipment of the products sold through them. The ease of online shopping has made many customers switch from the traditional method of shopping. Online retailers use different types of corrugated boxes and containers according to the product transported. These boxes ensure the safety of the products transported in them. In addition, effective packaging is becoming one of the key business requirements in the e-commerce marketplace, thus fueling the growth of the market.
The global paper and paperboard container and packaging market analyst a trend to watch is the need for sustainability and technological innovation in the packaging market. The trend of using sustainable or eco-friendly material for packaging of products is influencing the growth of the market. Many consumer product manufacturers prefer using eco-friendly packaging material as it provides an opportunity to promote environmental sustainability. It is possible to recycle paper up to seven times, which gives an advantage to paper and paperboard container and packaging manufacturers over other packaging products manufacturers. Hence, many manufacturers have started focusing on the production of 100% recyclable products made of recyclable fibers.
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Global Paper and Paperboard Container and Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.The report covers the present scenario and the growth prospects of the global paper and paperboard container and packaging market for 2016-2020. To calculate the market size, the report considers the total revenue generated from different end-users and types of product such as corrugated containers, paper bags and sacks, folding containers, and others.
Paper and paperboard packaging is gaining importance in many countries and is an emerging trend in the packaging industry because of its various advantages such as its environmentally friendly and cost-effective nature. Paperboard is thicker, with a high weight per unit area, and is made in multiple layers. The containers are generally made of virgin wood pulp, recycled paper stock, or other fibers. It is used to make containers such as boxes, cartons, and trays for packaging and shipping and is often used for packaging food. The various types of paperboard are chip board, fiber board, solid board, and white board.
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Key players in the global paper and paperboard container and packaging market: Georgia-Pacific, INDEVCO, International Paper, Tetra Pak, and WestRock.
Other prominent vendors in the market are: All Packaging, Smurfit Kappa, Bio-PAPPEL SAB de CV, Cascades Inc., Colbert Packaging, Davpack, Diamond Packaging, DS Smith, Europac Group, Evergreen Packaging, Howell Packaging, MOD-PAC, Mondi Group, Nampak, Pratt Industries, Rossmann Group, Sonoco Products, and Winston Packaging.
Further, the report states that one challenge that could hinder market growth is the availability of alternative forms of packaging.
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