PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1210905
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1210905
Global Paper and Board Technologies Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Paper and Board Technologies refers to the machinery, products, services, and technologies used across the paper and board packaging market. It offers eco-friendly and biodegradable packaging including carton boards, wrapping paper, container boards, etc. The Paper and Board Technologies market is expanding because of factors such as the growth of the packaging industry and rising demand for lightweight packaging boards.
According to Statista in 2022, paperboard accounted for approximately 33 % of packaging material consumption across the globe. Whereas other substitutes such as plastics, rigid plastics, metals, glass, and other packaging material shares around 25.5%, 18.7%, 12.1%, 5.8%, and 4.7%.
Whereas rising growing consumer awareness towards sustainable packaging material and growing digitalization of the industry create lucrative opportunities for the market. However, the high cost of the solutions hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Paper and Board Technologies Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the increasing penetration of packaging machinery, rising government regulations towards sustainable development, and growing digitalization and automation by the packaging industry. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing consumption of goods, increasing penetration of market players ,and rising consumer awareness towards eco-friendly packaging
Major market players included in this report are:
Valmet Oyj
Siemens AG
Andritz AG
Flint Group
Covestro AG
Honeywell International Inc.
ABB Ltd
Stora Enso Oyj
International Paper
BW Papersystems
Recent Developments in the Market:
Global Paper and Board Technologies Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Containerboard,
Carton board,
Wrapping Paper,
Tissue
By Application:
Production Lines and Machine Sections,
Automation,
Printing,
Services
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable