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Pulished Date October, 2021
ID: 12268
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North America Paper Packaging Materials Market Segmentation By Product (Corrugated Cases, Liquid Packaging Cartons and Cartons & Folding Boxes), By Application (Fast Food, Beverages, Dairy, Frozen Food, and Bakery Products), and By Region- Growth, Size, Share, Trends, Impact of COVID-19 and Forecast (2021-2026)

Pulished: October, 2021
ID: 12268
Pages: 150

North America Paper Packaging Materials Market Key Insights Analysis 2021-2026

North America Paper Packaging Materials Market was worth USD XX million in 2020, so it is estimated to reach USD XX million by 2026, growing at a CAGR of XX%. Paper packaging's primary and secondary role is to offer immediate and secondary packaging to products for safe transit. Kraft paper, greaseproof paper, and parchment paper are examples of paper used in flexible packaging. Due to the rising population and increased demand for low-cost packaging solutions, flexible packaging materials are in high order. Bags, envelopes, pouches, cellulose, and aluminum foils are examples of flexible packaging. This industry is predicted to overgrow due to the rising demand for flexible paper-based packaging. 

Recent Developments 

  1. In April 2019, DS Smith Plc announced the sale of two packaging companies to International Paper, based in the United States (I.P.).
  2. Smurfit Kappa acquired the Wildlife Fund Colombia on August 18, 2020, intending to improve forest conservation and expand the use of recycled paper.

Market Growth

Drivers

Growing environmental concerns about the use of plastic in packaging applications have led to a shift in customer preference toward paper-based alternatives. Stringent restrictions and standards imposed by governments and agencies to protect the environment and encourage recyclable paper-based choices will significantly impact the industry. Over the projection period, paper recycling technologies and R&D initiatives to generate improved goods are expected to provide abundant opportunities for industry participants. With the easy availability of environmentally friendly and cost-effective paper, market demand is increasing. Paper packaging items include paper, lumber, pulp, and other forest recycled products used to make paper packaging. The rising need for low-cost packaging alternatives such as bags, pouches, cellulose, and others is projected to drive the paper packaging material market. Another factor influencing favorable growth in the anticipated 2020 to 2026 is increased environmental awareness. In addition, retail packaging advancements such as novel designs add attractive aesthetics to the product, which proves to be a significant point of purchase, resulting in the expansion and growth of the paper packaging materials market.

Restraints

The paper packaging material sector is subject to several environmental restrictions. Such a regulatory regime is expected to stifle growth and expansion.

Market Segmentation

The North America Paper Packaging Materials Market is segmented based on Product and Application.

By Product

  • Corrugated boxes
  • Liquid packaging cartons
  • Cartons & Folding boxes

The market is segmented into corrugated boxes, liquid packaging cartons, cartons, and folding boxes. The liquid packing cartons category has grown into a significant section, accounting for a substantial portion of overall revenue. The market is projected to gain traction as unique retail packaging improves. Retail packaging innovations, such as unique designs, are launched to benefit the cardboard cases product category. Over the projected period, cartons, folding packages, and corrugated products are anticipated to benefit market share. Their usage distinguishes different items. Liquid cartons are utilized in a variety of sectors, including beverages. During the transportation, corrugated cases are employed. Smaller items, like gadgets, commodities, and beauty products, are packaged in cartons and folding containers. Corrugated containers are becoming increasingly popular among package designers as durability has become a critical consideration throughout the supply chain. Because these goods are easily recyclable, they are popular among pulp paper makers. Furthermore, the growing popularity of online shopping in the United States is likely to drive growth in the market.

By Application

  • Fast food
  • Beverage
  • Dairy and bakery
  • Fresh food
  • Frozen food

The market is segmented into fast food, beverage, dairy and bakery, fresh food, and frozen food. The beverage category is the dominating application, makes up a majority of overall revenue, and is likely to maintain its growth throughout the forecast period. The class is benefiting from growing demands for food supplements, a diverse product selection, and easy stock availability. In addition, the growth of natural beverage businesses in North America helps to expand the paper packaging material market. The frozen food applications category is predicted to increase significantly in the coming years, attributed to the growing development of the frozen food and fast-food sectors. Over the forecast timeframe, the industry is expected to benefit from significant growth for convenience foods such as frozen foods and fast foods. Such market demands could be attributable to increasing purchasing power, improved living standards, and population growth. Furthermore, because of advancements in paper packaging materials and marketing strategies, the fast-food industry will likely overgrow over the forthcoming years.

Regional Analysis

  • U.S.
  • Canada
  • Rest of North America

North America dominates the Paper Packaging Materials Market, representing approximately 40% in 2019. This is primarily due to increased customer desire for packaged and ready-to-eat foodstuffs and shifting lifestyle and lifestyle. As per the Food And agricultural organization, over 40 million tonnes of paper wrapping have been used in manufacturing, with an 81 percent rise in 2018. As a result, the need for paper packaging products in this area is expanding. North America contributes to a sizable portion of the market because of the high demand for attractive packaging materials for consumer products in the region. Furthermore, the North American packaging industry's position in the global packaging market is supporting growth in Paper Packaging Materials. Likewise, the vast chain of fast-food businesses and many other FMCG sectors in countries including the United States and Canada is functioning as a stimulus for the growth of the North American paper packaging materials market.

Impact of COVID-19 on North America Paper Packaging Materials Market

The packaging industry faced significant challenges due to the COVID-19 epidemic, including the implications of a statewide lockdown. Despite a considerable influence on the supply side of paper packaging, substantial growth in end-user demand in specific applications has expanded the scope of paper packaging. Consumers worldwide will be more likely to acquire their items through channels other than those they used before the pandemic, resulting in a significant increase in e-commerce shipping and other home-delivery services. In light of the crisis, U.S. customers are adjusting their behavior: according to studies, they want to treble their spending at online-only grocery stores. As a result, cost pressures on the paper packaging materials market are projected to rise, with customers under considerable stress and customers becoming more price-sensitive.

Key Players

Major Players in the North America Paper Packaging Materials Market are 

  • Crown Holdings
  • Graphic Packaging
  • Amcor
  • Berry Plastics
  • Sealed Air
  • Ball Corporation
  • Owens-Illinois
  • Bemis 
  • International Paper
  • Reynolds Group
  • Stora Enso

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Paper Packaging Materials Market, By Product                           

                                6.1.1 Corrugated Cases 

                                6.1.2 Liquid Packaging Cartons  

                                6.1.3 Cartons & Folding Boxes   

                                6.1.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.5 Y-o-Y Growth Rate Analysis              

                                6.1.6 Market Attractiveness Index           

                6.2 Paper Packaging Materials Market, By Application                     

                                6.2.1 Fast Food

                                6.2.2 Beverages

                                6.2.3 Dairy          

                                6.2.4 Frozen Food           

                                6.2.5 Bakery Products   

                                6.2.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.7 Y-o-Y Growth Rate Analysis              

                                6.2.8 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Paper Packaging Materials Market, by Region               

                7.2 North America - Market Analysis (2021 - 2026)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Product              

                                7.2.3 By Application       

8. Key Player Analysis                                    

                8.1 Crown Holdings                        

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Graphic Packaging                   

                8.3 Amcor                          

                8.4 Berry Plastics                             

                8.5 Sealed Air                    

                8.6 Ball Corporation                       

                8.7 Owens-Illinois                           

                8.8 Bemis                           

                8.9 International Paper                 

                8.10 Reynolds Group                     

                8.11 Stora Enso                

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Product, Application and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

  1. North America Paper Packaging Materials Market By Product, From 2021-2026 ( USD Billion )
  2. North America Corrugated Cases Market By Region, From 2021-2026 ( USD Billion )
  3. North America Liquid Packaging Cartons Market By Region, From 2021-2026 ( USD Billion )
  4. North America Cartons & Folding Boxes Market By Region, From 2021-2026 ( USD Billion )
  5. North America Paper Packaging Materials Market By Application, From 2021-2026 ( USD Billion )
  6. North America Fast Food Market By Region, From 2021-2026 ( USD Billion )
  7. North America Beverages Market By Region, From 2021-2026 ( USD Billion )
  8. North America Dairy Market By Region, From 2021-2026 ( USD Billion )
  9. North America Frozen Food Market By Region, From 2021-2026 ( USD Billion )
  10. North America Bakery Products Market By Region, From 2021-2026 ( USD Billion )
  11. United States Paper Packaging Materials Market By Product, From 2021-2026 ( USD Billion )
  12. United States Paper Packaging Materials Market By Application, From 2021-2026 ( USD Billion )
  13. Canada Paper Packaging Materials Market By Product, From 2021-2026 ( USD Billion )
  14. Canada Paper Packaging Materials Market By Application, From 2021-2026 ( USD Billion )

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