The United States kraft paper market is expected to grow at a compound annual growth rate of 1.96% to reach a market size of US$438.160 million by 2024 from US$370.075 million in 2018. Kraft paper is a cardboard or paper produced from the pulp. Kraft paper is suitable for packaging of products which demand strength and durability. The demand for th Read more...
The Latex Saturated Paper market is estimated to grow at a CAGR of 3.01% to reach a market size of US$2354.804 million in 2024 from US$1970.962 million in 2018. Latex saturated paper is widely used for publishing and binding of books. The growing demand for graphics media is expected to drive the market for latex saturated paper. Further increasing demand from packaging industry owing to the high resistance to moisture is expected to boost the demand for latex saturated paper market. Asia-Pac Read more...
Global paper straw market is projected to expand at a CAGR of 15.53% over the forecast period to grow tUS$693.029 million by 2024 from US$291.463 million in 2018. Key industries driving the demand for paper straws are hotels, cafes, restaurant and lounges among others. Paper straws are eco-friendly and can be easily recycled. Further, the increasing awareness regarding harmful properties of plastic along with increasing demand for eco-friendly straws is expected to drive the market for paper s Read more...
Global corrugated boxes market is expected to grow at a compound annual growth rate of 4.36% over the forecast period to reach a market size of US$91.182 billion by 2024 from US$70.573 billion in 2018.Corrugated boxes are made of corrugated paper and are used for packaging of products which require transportation and storage. The growing demand for safe and efficient packaging is expected to be a key driver for the corrugated boxes market. Further the rising demand and preference from various Read more...
The global pizza box market is expected to grow at a CAGR of 3.87% to reach US$3,363.400 million by 2024 from US$2,678.660 million in 2018. The increasing number of pizza chains with the growing demand for pizza is expected to drive the pizza box market. Increasing inclination of the younger population towards fast food is expected to boost the mar Read more...
Global retort packaging market is expected to grow at a compound annual growth rate of 5.85% to reach a market size of US$47,537.702 million by 2024 from US$33,800.664 million in 2018. Retort packaging is made from heat resistant laminated plastic or metal in which food products are sterilized. The property of increased shelf life and low cost is expected to boost the market growth. Further, rising demand for convenience food is anticipated to augment the demand for the market. In addition, th Read more...
The global kraft paper market is expected to grow at a CAGR of 3.76% over the period to reach a market size of US$2.539 billion by 2024 from US$2.034 billion in 2018. Kraft paper is a cardboard or paper produced from the pulp. Kraft paper is suitable for packaging of products which demand strength and durability. Kraft paper is highly elastic and t Read more...
Global folding cartons market is projected to witness a compound annual growth rate of 3.10% to reach a market size of US$110.861 billion by 2024 from US$92.305 billion in 2018. Key industries driving the demand for folding cartons are food and beverage, cosmetics, healthcare and electronics among others. The growing food and beverage industry coupled with growing packed food industry is anticipated to drive the market for folding cartons. Further digital printing of cartons is likely to crea Read more...
The paper packaging market is projected to grow at a CAGR of 3.12% to reach US$278.222 billion in 2023 from US$231.452 billion in 2017. The growing environmental concerns regarding the plastic-based packaging has led to an increasing adoption of paper packaging solutions across industry verticals. The rapid growth of the e-commerce industry is also fueling demand for these packaging solutions. Moreover, recent initiatives by the government to raise the awareness about the benefits of the paper-b Read more...
Global corrugated packaging market is projected to witness a compound annual growth rate of 3.82% during the forecast period to reach a total market size of US$336.26 billion by 2023, increasing from US$268.50 billion in 2017. The corrugated packaging market is expected to face a boost in sales in next five years due to the surge in its demand in various end-user industries, such as consumer durables, medicines, petroleum, rubber, and others. Various factors responsible for higher demand of c Read more...
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