PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1565980
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1565980
United States Paper Packaging Market, By Material; By Product; By Level of Packaging; By End Use, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
United States Paper Packaging Market Size Expands at Significant CAGR to Touch USD 6.6 Billion by 2030
United States Paper Packaging Market is flourishing due to a spurring demand for lightweight, customizable, and recyclable materials from thriving e-commerce and packaging sectors driven by growing awareness about sustainability and eco-friendliness.
BlueWeave Consulting, a leading strategic consulting, and market research firm, in its recent study, estimated United States Paper Packaging Market size by value at USD 4.34 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects United States Paper Packaging Market size to expand at a CAGR of 6.17% reaching a value of USD 6.60 billion in 2030. United States Paper Packaging Market is driven by a combination of factors, heightened consumer awareness and preference for sustainable packaging, and the growth of e-commerce necessitating efficient and durable packaging solutions. Also, the technological advancements in paper packaging materials and processes, government regulations favoring environmentally friendly packaging options, and the cost-effectiveness of paper as a packaging material. These elements collectively contribute to the market's expansion as industries and consumers alike seek eco-friendly, recyclable, and biodegradable packaging alternatives.
Opportunity - Education and Awareness Campaigns
Education and awareness campaigns significantly drive United States Paper Packaging Market by promoting the benefits of sustainable packaging. These campaigns focus on informing consumers and businesses about the environmental impact of packaging choices, highlighting the advantages of paper packaging, such as biodegradability and recyclability. They also emphasize the role of paper packaging in reducing plastic waste, thereby influencing purchasing decisions towards more eco-friendly options and boosting market growth.
Impact of Escalating Geopolitical Tensions on United States Paper Packaging Market
United States Paper Packaging Market faces challenges from escalating geopolitical tensions, which can disrupt supply chains and increase raw material costs. Trade disputes and economic sanctions, such as those seen in the United States-China trade war, lead to market volatility and hinder industry growth. Despite these issues, experts suggest a positive outlook for 2024, as the industry adapts and shifts towards more sustainable practices in response to these global pressures.
Food Packaging Holds Largest Market Share among End Use Segments
Food packaging is the largest end use segment in United States Paper Packaging Market. The growing demand for sustainable and eco-friendly packaging solutions, particularly in the food industry, has driven this segment's dominance. Consumers and businesses are increasingly prioritizing paper-based packaging, due to its recyclability and lower environmental impact compared to plastic alternatives. Additionally, the rise of online food delivery and takeout services has further boosted the demand for paper packaging in this segment. Other major end use segments in United States Paper Packaging Market include Beverage Packaging, Tobacco Packaging, Healthcare Packaging, Personal Care & Cosmetics, Homecare & Toiletries, Electrical & Electronics, Industrial Packaging, E-Commerce Packaging, and Chemical & Fertilizers.
Competitive Landscape
United States Paper Packaging Market is fiercely competitive, with numerous companies vying for a larger market share. Major companies in the market include Alpha Packaging Inc., Amcor PLC, Berry Global Inc., Oji Holdings Corporation, Stora Enso, Mondi Group, International Paper Company, Smurfit Kappa Group, DS Smith PLC, and Cascades Inc. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in United States Paper Packaging Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of United States Paper Packaging Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States Paper Packaging Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. United States Paper Packaging Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing environmental concerns
- 3.2.1.2. Expansion of e-commerce industry
- 3.2.1.3. Increasing focus on sustainability
- 3.2.1.4. Advancements in paper technology
- 3.2.2. Restraints
- 3.2.2.1. Fluctuating paper prices
- 3.2.2.2. Competition from plastic packaging
- 3.2.2.3. Limited shelf life for some products
- 3.2.3. Opportunities
- 3.2.3.1. Development of functional paper packaging
- 3.2.3.2. Focus on recycled content
- 3.2.3.3. Education and awareness campaigns
- 3.2.4. Challenges
- 3.2.4.1. Ensuring sustainable sourcing of paper pulp and minimizing waste
- 3.2.4.2. Maintaining food safety
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. United States Paper Packaging Market: Marketing Strategies
5. United States Paper Packaging Market Overview
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Billion)
- 5.2. Market Share & Forecast
- 5.2.1. By Material
- 5.2.1.1. Corrugated Board
- 5.2.1.2. Specialty Paper
- 5.2.1.3. Box-board/Carton Board
- 5.2.1.4. Kraft Papers
- 5.2.1.5. Molded Pulp
- 5.2.1.6. Others
- 5.2.2. By Product
- 5.2.2.1. Corrugated Boxes
- 5.2.2.2. Cartons
- 5.2.2.3. Wrapping Paper
- 5.2.2.4. Inserts & Dividers
- 5.2.2.5. Bottle & Cup Carriers
- 5.2.2.6. Cups & Trays
- 5.2.2.7. Clamshell
- 5.2.2.8. Display Packaging
- 5.2.2.9. Bags & Sacks
- 5.2.2.10. Tapes & Labels
- 5.2.3. By Level of Packaging
- 5.2.3.1. Primary Packaging
- 5.2.3.2. Secondary Packaging
- 5.2.3.3. Tertiary Packaging
- 5.2.4. By End Use
- 5.2.4.1. Food Packaging
- 5.2.4.2. Beverage Packaging
- 5.2.4.3. Tobacco Packaging
- 5.2.4.4. Healthcare Packaging
- 5.2.4.5. Personal Care & Cosmetics
- 5.2.4.6. Homecare & Toiletries
- 5.2.4.7. Electrical & Electronics
- 5.2.4.8. Industrial Packaging
- 5.2.4.9. Others (Including E-Commerce Packaging, Chemical & Fertilizers etc.)
- 5.2.1. By Material
6. Competitive Landscape
- 6.1. List of Key Players and Their Products
- 6.2. United States Paper Packaging Company Market Share Analysis, 2023
- 6.3. Competitive Benchmarking, By Operating Parameters
- 6.4. Key Strategic Development (Merger, Acquisition, Partnership)
7. Impact of Geopolitical Tension on United States Paper Packaging Market
8. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, SWOT Analysis)
- 8.1. Alpha Packaging Inc
- 8.2. Amcor PLC
- 8.3. Berry Global Inc
- 8.4. Oji Holdings Corporation
- 8.5. Stora Enso
- 8.6. Mondi Group
- 8.7. International Paper Company
- 8.8. Smurfit Kappa Group
- 8.9. DS Smith PLC
- 8.10. Cascades Inc
- 8.11. Other prominent players
9. Key Strategic Recommendations
10. Research Methodology
- 10.1. Qualitative Research
- 10.1.1. Primary & Secondary Research
- 10.2. Quantitative Research
- 10.3. Market Breakdown & Data Triangulation
- 10.3.1. Secondary Research
- 10.3.2. Primary Research
- 10.4. Breakdown of Primary Research Respondents
- 10.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 United States Paper Packaging Segmentation
- Figure 2 United States Paper Packaging Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 United States Paper Packaging Market Size, By Value (USD Billion), 2019-2030
- Figure 5 United States Paper Packaging Market Share, By Material, By Value (USD Billion), 2019-2030
- Figure 6 United States Paper Packaging Market Share, By Product, By Value (USD Billion), 2019-2030
- Figure 7 United States Paper Packaging Market Share, By Level of Packaging, By Value (USD Billion), 2019-2030
- Figure 8 United States Paper Packaging Market Share, By End Use, By Value (USD Billion), 2019-2030
List of Tables
- Table 1 United States Paper Packaging Market Size, By Value (USD Billion), 2019-2030
- Table 2 United States Paper Packaging Market Share, By Material, By Value (USD Billion), 2019-2030
- Table 3 United States Paper Packaging Market Share, By Product, By Value (USD Billion), 2019-2030
- Table 4 United States Paper Packaging Market Share, By Level of Packaging, By Value (USD Billion), 2019-2030
- Table 6 United States Paper Packaging Market Share, By End Use, By Value (USD Billion), 2019-2030
- Table 7 Alpha Packaging Inc Company Overview
- Table 8 Alpha Packaging Inc Financial Overview
- Table 9 Amcor PLC Company Overview
- Table 10 Amcor PLC Financial Overview
- Table 11 Berry Global Inc Company Overview
- Table 12 Berry Global Inc Financial Overview
- Table 13 Oji Holdings Corporation Company Overview
- Table 14 Oji Holdings Corporation Financial Overview
- Table 15 Stora Enso Company Overview
- Table 16 Stora Enso Financial Overview
- Table 17 Mondi Group Company Overview
- Table 18 Mondi Group Financial Overview
- Table 19 International Paper Company - Company Overview
- Table 20 International Paper Company Financial Overview
- Table 21 Smurfit Kappa Group Company Overview
- Table 22 Smurfit Kappa Group Financial Overview
- Table 23 DS Smith PLC Company Overview
- Table 24 DS Smith PLC Financial Overview
- Table 25 Cascades Inc Company Overview
- Table 26 Cascades Inc Financial Overview
