Recyclable Paper Packaging Market Size, Share, Analysis 2031
Recyclable Paper Packaging Market Size, Share, Analysis 2031
Segments - Recyclable Paper Packaging Market by Type (Rigid and Flexible), Product (Cartons, Corrugated Boxes, Bottles & Containers, Bags, Sacks, and Others), End-user (Food & Beverages, Pharmaceuticals, Electronics, Personal Care & Cosmetics, Transportation & Logistics, E-commerce, Warehouses, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :MC-5017
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Report Description
The global recyclable paper packaging market size was USD 169.1 Mn in 2022 and is likely to reach USD 262.2 Mn by 2031, expanding at a CAGR of 5.0% during 2023–2031. The market growth is attributed to the rising demand for sustainable packaging solutions, due to the growing awareness among the population regarding recycling.
Recyclable paper packaging refers to rigid and flexible paper packaging, which includes cartons, corrugated boxes, bottles, containers, bags, and sacks. It employs paper as its raw material. Paper is lightweight, biodegradable, and can be recycled, which makes it an essential component for packaging. It is one such material that can be recycled 10 times and can be employed in various applications.
Recyclable paper packaging is a cost-effective and sustainable solution as it can be recycled. It finds extensive applications across various industries as it can be customized according to product-specific or customer requirements. It is available in a wide variety of colors, shapes, and sizes. Paper packaging is used to preserve, transport, and protect various products. It is highly versatile, durable, and recyclable.
The COVID-19 pandemic moderately impacted on the recyclable paper packaging market. The market growth rate decreased, due to the temporary shutdown of manufacturing units and the lack of timely supply of products. However, due to the strict restrictions imposed by the government, people are not allowed to go outdoors, so they prefer online platforms for ordering food items and groceries with safe and quality of packaging, which boosted the demand for recyclable packaging.
Recyclable Paper Packaging Market Dynamics
The recyclable paper packaging market report has up-to-date insights that help in formulating a strategic roadmap about the estimated market scenario and performance during 2023 to 2031.
Major Drivers:
Ban on plastic is a major key factor driving the market growth during the forecast period. Plastic cannot be recycled properly as it generates plastic waste, including microplastics, which are toxic for the workers and the surrounding environment and presents a fire risk. Non-disposable properties and the highly flammable nature of plastic are the key reasons, which restrict their use globally. Moreover, stringent government regulations and penalties associated with the use of plastic play a positive impact to ban it.
“As per the World Economic Forum, only 14% of plastic packaging worldwide is gathered for recycling and the rest amount of the single-use plastics are largely incinerated or dumped in landfills, due to the intricacies in the recycling process.”
Rising awareness among the population regarding the drawbacks of single-use plastic is another major factor driving the market growth. Plastic can destroy the ecosystem as it spreads toxins, which threaten wildlife.
“According to the World Economic Forum, more than 90% of plastic means around 8 million tons of plastic are never recycled and dumped into the ocean every year. At this rate, there will be more plastic than aquatic animals in the oceans by the end of 2050, which could destroy the ecosystem.”
People becoming more conscious regarding the environment and they start to follow government regulations by avoiding the use of plastic. Due to this, the demand for sustainable and recyclable products has increased. Furthermore, increasing government initiatives towards recycled products is anticipated to boost the demand for recyclable paper packaging.
Existing Restraints:
Poor barrier properties of paper and less durability hamper the market growth. The paper offers less barrier to light, microbes, and oxygen than other packaging materials. Furthermore, it is less reliable when it comes in contact with water, which may restrict the market growth at a certain limit.
Scope of the Recyclable Paper Packaging Market Report
The global recyclable paper packaging market research report includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Recyclable Paper Packaging Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2020–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Type (Rigid and Flexible), Product (Cartons, Corrugated Boxes, Bottles & Containers, Bags, Sacks, and Others), and End-user (Food & Beverages, Pharmaceuticals, Electronics, Personal Care & Cosmetics, Transportation & Logistics, E-commerce, Warehouses, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
DS Smith; Gerresheimer AG; Packaging Corporation of America; International Paper; Sealed Air; Pratt Industries, Inc.; Ecocern; Salazar Packaging; and Asia Pulp & Paper (APP) Sinar Mas |
Recyclable Paper Packaging Market Segment Insights
On the basis of type, the market is bifurcated into flexible and rigid. The flexible segment is expected to expand at a significant growth rate during the projection period, due to the rising demand from the food & beverages and personal care industry. Flexible paper packages are lightweight and cost-effective as it requires less material compared to rigid. Thus, the cost-effective nature and high efficiency of flexible paper packaging drive the market growth.
The rigid segment is anticipated to grow at a rapid pace, owing to its excellent durability. Rigid paper packages include sturdy boxes that are made from thick paperboards. Rigid boxes offer an excellent mix of product protection and perceived luxury, which makes them suitable for heavy-duty situations. Increasing demand from warehouses and transportation & logistics fuels the segment growth in the coming years.
Based on product, the recyclable paper packaging market is segmented into cartons, corrugated boxes, bottles & containers, bags, sacks, and others. The corrugated boxes segment is projected to generate a major market share during the assessment period, due to rising demand from the e-commerce, transportation, electronics, and food & beverages industry.
Corrugated boxes are made up of three layers, which help in providing the necessary strength to the packaging. These boxes are highly durable, owing to their ability to resist moisture, light, and dust. The segment growth is further attributed to the rising inclination towards consumer goods.
The bottles & containers segment is projected to register a considerable CAGR during the projected period as it is widely used for dispensing liquid products. Increasing demand for beverage packaging from the food & beverages industry, due to the customization and versatility of paper bottles, boosts the segment growth.
On the basis of end-user, the market is fragmented into food & beverages, pharmaceuticals, electronics, personal care & cosmetics, transportation & logistics, e-commerce, warehouses, and others. The food & beverages segment is expected to grow at a substantial CAGR in the coming years. The segment growth is attributed to the growing demand for ready-to-eat and packaged food and the rapid expansion of online food delivery services.
The e-commerce segment is expected to register a robust growth rate in the coming years, owing to the rising trend of online shopping. Rising number of online resellers provokes market players to come up with better packaging solutions, which contribute to segment growth.
In terms of region, the global recyclable paper packaging market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market during the forecast period, owing to the growing consumer awareness regarding the deployment of recycled products. Furthermore, strict government regulations regarding the use of plastic encouraged consumers to adopt paper packaging, which accelerates the market growth.
Segments
The recyclable paper packaging market has been segmented on the basis of
Type
- Rigid
- Flexible
Product
- Cartons
- Corrugated Boxes
- Bottles & Containers
- Bags
- Sacks
- Others
End-user
- Food & Beverages
- Pharmaceuticals
- Electronics
- Personal Care & Cosmetics
- Transportation & Logistics
- E-commerce
- Warehouses
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- DS Smith
- Gerresheimer AG
- Packaging Corporation of America
- International Paper
- Sealed Air
- Pratt Industries, Inc.
- Ecocern
- Salazar Packaging
- Asia Pulp & Paper (APP) Sinar Mas
Competitive Landscape
Key players competing in the global recyclable paper packaging market are DS Smith; Gerresheimer AG; Packaging Corporation of America; International Paper; Sealed Air; Pratt Industries, Inc.; Ecocern; Salazar Packaging; and Asia Pulp & Paper (APP) Sinar Mas.
These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. For instance,
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On January 26, 2021, Nestle announced that its popular Smarties brand is now using recyclable paper packaging for its confectionery products worldwide. This represents a transition of 90% of the Smarties range, as 10% was previously already packed in recyclable paper packaging.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Recyclable 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. Recyclable 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. Recyclable Paper Packaging Market - Supply Chain
4.5. Global Recyclable Paper Packaging Market Forecast
4.5.1. Recyclable Paper Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Recyclable Paper Packaging Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Recyclable Paper Packaging Market Absolute $ Opportunity
5. Global Recyclable Paper Packaging Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Recyclable Paper Packaging Market Size and Volume Forecast by Types
5.3.1. Rigid
5.3.2. Flexible
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Recyclable Paper Packaging Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Recyclable Paper Packaging Market Size and Volume Forecast by End Users
6.3.1. Food & Beverages
6.3.2. Pharmaceuticals
6.3.3. Electronics
6.3.4. Personal Care & Cosmetics
6.3.5. Transportation & Logistics
6.3.6. E-commerce
6.3.7. Warehouses
6.3.8. Ot
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Recyclable Paper Packaging Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Recyclable Paper Packaging Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Recyclable Paper Packaging Demand Share Forecast, 2019-2026
8. North America Recyclable 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
8.2. North America Recyclable Paper Packaging Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Recyclable Paper Packaging Market Size and Volume Forecast by Types
8.4.1. Rigid
8.4.2. Flexible
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Recyclable Paper Packaging Market Size and Volume Forecast by End Users
8.7.1. Food & Beverages
8.7.2. Pharmaceuticals
8.7.3. Electronics
8.7.4. Personal Care & Cosmetics
8.7.5. Transportation & Logistics
8.7.6. E-commerce
8.7.7. Warehouses
8.7.8. Ot
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Recyclable Paper Packaging Demand Share Forecast, 2019-2026
9. Latin America Recyclable 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. Latin America Average Pricing Analysis
9.2. Latin America Recyclable Paper Packaging Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Recyclable Paper Packaging Market Size and Volume Forecast by Types
9.4.1. Rigid
9.4.2. Flexible
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Recyclable Paper Packaging Market Size and Volume Forecast by End Users
9.7.1. Food & Beverages
9.7.2. Pharmaceuticals
9.7.3. Electronics
9.7.4. Personal Care & Cosmetics
9.7.5. Transportation & Logistics
9.7.6. E-commerce
9.7.7. Warehouses
9.7.8. Ot
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Recyclable Paper Packaging Demand Share Forecast, 2019-2026
10. Europe Recyclable 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. Europe Average Pricing Analysis
10.2. Europe Recyclable Paper Packaging Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Recyclable Paper Packaging Market Size and Volume Forecast by Types
10.4.1. Rigid
10.4.2. Flexible
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Recyclable Paper Packaging Market Size and Volume Forecast by End Users
10.7.1. Food & Beverages
10.7.2. Pharmaceuticals
10.7.3. Electronics
10.7.4. Personal Care & Cosmetics
10.7.5. Transportation & Logistics
10.7.6. E-commerce
10.7.7. Warehouses
10.7.8. Ot
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Recyclable Paper Packaging Demand Share Forecast, 2019-2026
11. Asia Pacific Recyclable Paper Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Recyclable Paper Packaging Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Recyclable Paper Packaging Market Size and Volume Forecast by Types
11.4.1. Rigid
11.4.2. Flexible
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Recyclable Paper Packaging Market Size and Volume Forecast by End Users
11.7.1. Food & Beverages
11.7.2. Pharmaceuticals
11.7.3. Electronics
11.7.4. Personal Care & Cosmetics
11.7.5. Transportation & Logistics
11.7.6. E-commerce
11.7.7. Warehouses
11.7.8. Ot
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Recyclable Paper Packaging Demand Share Forecast, 2019-2026
12. Middle East & Africa Recyclable Paper Packaging Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Recyclable Paper Packaging Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Recyclable Paper Packaging Market Size and Volume Forecast by Types
12.4.1. Rigid
12.4.2. Flexible
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Recyclable Paper Packaging Market Size and Volume Forecast by End Users
12.7.1. Food & Beverages
12.7.2. Pharmaceuticals
12.7.3. Electronics
12.7.4. Personal Care & Cosmetics
12.7.5. Transportation & Logistics
12.7.6. E-commerce
12.7.7. Warehouses
12.7.8. Ot
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Recyclable Paper Packaging Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Recyclable Paper Packaging Market: Market Share Analysis
13.2. Recyclable Paper Packaging Distributors and Customers
13.3. Recyclable Paper Packaging Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. DS Smith
13.4.2. Gerresheimer AG
13.4.3. Packaging Corporation of America
13.4.4. International Paper
13.4.5. Sealed Air
13.4.6. Pratt Industries, Inc.
13.4.7. Ecocern
13.4.8. Salazar Packaging
13.4.9. Asia Pulp & Paper (APP) Sinar Mas
Methodology
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