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North America Paper Packaging Market Size, & Forecast 2031
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North America Paper Packaging Market Size, & Forecast 2031

Segments - North America Paper Packaging Market by End-user Vertical (Pharmaceutical and Medical Devices), Product Type (Bottles and Containers, Vials and Ampoules, Cartridges and Syringes, Pouch and Bags, Blister Packs, Tubes, Paper Board Boxes, Caps and Closures, Labels, and Other Product Types), Material (Glass, Plastic, and Other Materials), and Geography (United States and Canada) - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

https://growthmarketreports.com/Riddhesh
Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-1436 | 4.8 Rating | 68 Reviews | 184 Pages | Format : PDF Excel PPT

Report Description


The North America Paper Packaging Market size was valued at USD 48.85 Billion in 2022 and is expected to surpass USD 66.93 Billion by 2031, expanding at a CAGR of 3.56% during the forecast period, 2023 – 2031. The growth of the market is attributed to deployment of high-tech equipment and instruments to improve efficiency.

The evolution of healthcare industry from its traditional form of practices to the current position includes high-tech instruments and equipment being deployed to improve efficiency and cater to the increasing demand for processing operations and sustainable packaging.

North America Paper Packaging Market Outlook

The Covid-19 pandemic had a positive impact on the paper packaging market. There is a rapid increase in the COVID-19 infected patients and these healthcare packaging are estimated to help in the smooth workflow during the treatment process. Thereby, majority of the key players are involved in launching new products for the management of healthcare systems during the pandemic.

  • Increasing utilization of high-tech equipment and instruments to improve efficiency is expected to drive the market during the forecast period.

  • Rising demand for processing operations and sustainable packaging are anticipated to spur the North American paper packaging market.

  • Growing awareness on the environmental issues and the government regulations of the region are estimated to propel the market in coming years.

  • Rising requirement for anti-counterfeiting techniques, to protect the interests of patients, is likely to surge the growth of the healthcare packaging.

  • New companies innovating in terms of the economical ways and smart labeling of medical devices are projected to drive the market.

  • R&D investment and technological advancement in the North American paper packaging market are expected to offer lucrative opportunities for the market players.

Scope of North America Paper Packaging Market Report

The report on the North American paper packaging market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

North American paper packaging market -Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

End-user Vertical (Pharmaceutical and Medical Devices), Product Type (Bottles and Containers, Vials and Ampoules, Cartridges and Syringes, Pouch and Bags, Blister Packs, Tubes, Paper Board Boxes, Caps and Closures, Labels, and Other Product Types), Material (Glass, Plastic, and Other Materials)

Geography

United States and Canada

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Gerresheimer AG, Corning Incorporated, Nipro Corporation, SGD SA (SGD pharma), and SCHOTT AG

 

North America Paper Packaging Market Segment Insights

The pharmaceutical devices segment is projected to constitute a large market share

Based on end user, the North American paper packaging market is segregated into pharmaceutical and medical devices. The pharmaceutical segment is expected to account for a key share of the market during the forecast period owing to government regulations and spending to evolve and respond to new realities.

The bottles and containers segment is expected to register a substantial CAGR

Based on product type, the North American paper packaging market is divided into bottles and containers, vials and ampoules, cartridges and syringes, pouch and bags, blister packs, tubes, paper board boxes, caps and closures, labels, and others. The bottles and containers segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to its applications such a saving cast and protects value goods in transit.

North America Paper Packaging Market Product Types

The plastic segment is projected to constitute a sturdy growth

Based on material, the North American paper packaging market is segregated into glass, plastic, and other materials. The plastic segment is anticipated to expand at a rapid pace during the forecast period owing to diverse categories of plastic such as polypropylene, polyethylene, polystyrene, polyamide, and polyurethanes, among others as manufacturers have the luxury of choosing an ideal material for their packaging needs;

However, as manufacturers adopt environmental-thinking, R&D initiatives towards paper packaging materials are likely to boost the market share of paper and paperboard during the forecast period.

The United States is expected to dominate the market

In terms of geography, the market is broadly classified into United States and Canada The market in the United States is anticipated to expand at a robust CAGR during the forecast period. Presence of better healthcare infrastructure and a rising geriatric population in the region is expected to drive the market growth in near future is expected to drive the market growth in near future.

Segments

The North American paper packaging market has been segmented on the basis of:-

End-user Vertical

  • Pharmaceutical
  • Medical Devices

Product Type

  • Bottles and Containers
  • Vials and Ampoules
  • Cartridges and Syringes
  • Pouch and Bags
  • Blister Packs
  • Tubes
  • Paper Board Boxes
  • Caps and Closures
  • Labels
  • Other Product Types

Material

  • Glass
  • Plastic
  • Other Materials

Geography

  • United States
  • Canada

Key Companies

  • Gerresheimer AG
  • Corning Incorporated
  • Nipro Corporation
  • SGD SA (SGD pharma)
  • SCHOTT AG

Competitive Landscape

Key players competing in the North American paper packaging market include Gerresheimer AG, Corning Incorporated, Nipro Corporation, SGD SA (SGD pharma), and SCHOTT AG.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares. For instance,

  • In April 2020, Gerresheimer Group and Centor Inc. laid the foundations for a new warehouse covering 72,000 square feet. This new warehouse will enable Centor to store all of its products on site, reducing the need for external storage.

  • In May 2020, Corning Incorporated and Pfizer Inc. declared the execution of a long-term purchase and supply agreement for Corning Valor Glass. The multiyear agreement provides for the supply of Valor Glass vials to a portion of currently marketed Pfizer drug products, pending regulatory approval.

North America Paper Packaging Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Paper Packaging Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Paper Packaging Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Paper Packaging Market - Supply Chain
  4.5. Global Paper Packaging Market Forecast
     4.5.1. Paper Packaging Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Paper Packaging Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Paper Packaging Market Absolute $ Opportunity
5. Global Paper Packaging Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Paper Packaging Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Paper Packaging Demand Share Forecast, 2019-2026
6. North America Paper Packaging Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Paper Packaging Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Paper Packaging Demand Share Forecast, 2019-2026
7. Latin America Paper Packaging Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Paper Packaging Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Paper Packaging Demand Share Forecast, 2019-2026
8. Europe Paper Packaging Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Paper Packaging Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Paper Packaging Demand Share Forecast, 2019-2026
9. Asia Pacific Paper Packaging Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Paper Packaging Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Paper Packaging Demand Share Forecast, 2019-2026
10. Middle East & Africa Paper Packaging Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Paper Packaging Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Paper Packaging Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Paper Packaging Market: Market Share Analysis
  11.2. Paper Packaging Distributors and Customers
  11.3. Paper Packaging Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Gerresheimer AG
     11.4.2. Corning Incorporated
     11.4.3. Nipro Corporation
     11.4.4. SGD SA (SGD pharma)
     11.4.5. SCHOTT AG

Methodology

Our Clients

The John Holland Group
Deloitte
Pfizer
Dassault Aviation
General Mills
Microsoft
Nestle SA
General Electric