The Paper Products Market was valued at $269.10 Billion in 2018 and is forecast to grow at a modest 1.0 % CAGR between 2018 and 2025, culminating in 2026 global sales of $280.12 Billion.
Industry at a Glance
Paper is a thin material formed by pressing together moist fibers of cellulose pulp derived from wood, rags or grasses, and drying them into flexible sheets. It is a versatile material with many customs, including packaging, decorating, writing, printing, cleaning, and many numbers of construction and industrial processes.
Increasing manufacturing sector, requirement of well quality packaging of FMCG products marketed through organized retail and the demand for the upstream market of paper products, for instance tea bags, tissue paper, light weight online coated paper, filter paper and medical grade coated paper are anticipated to drive the paper & paper products market in coming years.
Expanding technological developments for paper-based products have enabled the manufacturing of processed paper with higher durability and strength than plastic packaging materials.
Recycled packaging paper now getting market demand to reduce the plastic waste. Cardboard, paper and other materials can be recycled and used for different kind of product packing and shipment. Some Major companies are capitalizing on paper products. Such as, PepsiCo, has promised to provide 100% recyclable packaging by 2026. Walmart has announced to provide recyclable packaging for all the private level brands.
“Optimal Price Point (OPP) for Global Paper Products”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On average, in Global Paper Products are available at USD xxx- USD xxxx. However, high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of the latest products.
Global Paper Products Market by “Application Categories”
We have segmented the Global Paper Products-based on Application categories as Graphic Paper, Sanitary & Household, Packaging Paper And Other Paper.
We have observed the rapid growth of Paper Products followed by Packaging Paper segment with a CAGR of 7.8% and is expected to propel the market growth over the forecast period. Due to recyclability and biodegradability properties, it is projected to create a huge impact over the forecast period.
We also noticed the Printing segment anticipated to drive the market with a CAGR of xx.8% from 2018 to 2026.
Asia Pacific accounted for the maximum revenue share of over xx% in 2018 due to increased demand for Global Paper Products followed by EU- Top 5 countries contribute $X.9 Billion in 2018 and expected to reach $x.5 Billion by 2026.
The Asia Pacific is having the largest market share with 38.23% in the global market in 2018. Rising consciousness towards the effects of plastic products and increasing disposable income, specially in developing countries such as India and China, are anticipated to fuel the market growth. Swift industrialization is also expected to contribute to the market development. China is the largest market in Asia Pacific owing to the robust companies.
“Competitive Landscape” and “Merger & Acquisition Insights”
The key market participants are Kimberly-Clark Corporation, Procter & Gamble, Georgia-Pacific, KP Tissue, Inc., Essity Aktiebolag, Cascades, Irving Consumer Products Limited, Clearwater Paper Corporation, First Quality Enterprises, and ST Paper LLC. are few major players in Global Paper Product markets. The Global Paper Products market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation & new product development are major focus areas for dominant companies.
Global Paper Products Market by Application Categories (Revenue, Million, 2018 – 2026)
- Graphic Paper
- Sanitary & Household
- Packaging Paper
- Other Paper
Global Paper Products Market Regional Outlook (Revenue, USD Million, 2018-2026)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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