Paper and Paperboard Container and Packaging Market size to record USD 59.15 billion growth from 2023-2027, Advent of smart packaging is one of the key market trends, Technavio

Key Facts

• Technavio has announced its latest market research report titled Global Paper and Paperboard Container and Packaging Market 2023-2027 Report Attribute Details Base Year 2022 Forecast period 2023-2027 Historic Data for 2017 - 2021 Segments Covered Product (Paper bags and sacks, Corrugated containers and packaging, Folding boxes and cases, and Others ) and End-user (Food and beverages, Industrial products, Healthcare, and Others ) Key Companies Covered All Packaging Co., Amcor Plc, Cascades Inc., DS Smith Plc, International Paper Co., Keystone Folding Box Co., Klabin SA, Koch Industries Inc., Kruger Inc., METSA GROUP, Mondi Plc, Nampak Ltd., Nippon Paper Industries Co. Ltd., Packaging Corp. of America, Pactiv Evergreen Inc., Rengo Co. Ltd., Shandong Sun Holdings Group, Smurfit Kappa Group, Tetra Laval SA, and WestRock Co. Regions Covered APAC, Europe, North America, South America, and Middle East and Africa Key Trends Fueling Growth Advent of smart packaging: Smart packaging integrates sensor technology to enhance product quality and value.
• This trend is likely to drive growth in the paper and paperboard packaging market in the forecast period.
• The market is driven by factors such as increasing consumer demand for sustainable packaging solutions, growing e-commerce sector, and advancements in technology leading to innovative packaging designs.
• The global paper and paperboard container and packaging market is projected to grow significantly in the coming years, with major contributions from Asia Pacific and Europe.

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