Vision Research Reports predicts the rigid paper containers market is expected to grow at a CAGR of 5.7% during the forecast period of 2020-2027.
Rigid paper containers include packaging solutions such as corrugated & paperboard boxes, tubes, trays, and liquid cartons. Packaging in rigid paper containers enhances the aesthetic appeal of the packaged products, which has made rigid paper containers an integral part of the retail industry. Rigid paper containers are used for heavy-duty shipping applications as well as customized luxury packaging. The boxes segment is expected to have a significant share in the rigid paper containers market. Boxes can either be made of containerboard or paperboard. Boxes made with the help of containerboards are known as corrugated boxes. These rigid paper containers are most suited for heavy-duty applications while that made of paperboard cater to a variety of applications including cereal boxes, and liquid cartons, among others. The penetration of corrugated boxes is much more than that of paperboard in the global rigid paper containers market. The corrugated boxes segment is projected to expand at a CAGR of 5.5% during the forecast period.
The demand for corrugated packaging in the rigid paper containers market is at its peak, owing to the thriving e-commerce industry. This is further projected to drive the growth of the global rigid paper containers market. Manufacturers are using corrugated boxes to ensure minimal damage to the packaged product during transiting and storage, which has resulted in increased consumption of rigid paper containers in the automotive sector. As the trend of on-the-go food & beverages is gaining traction, the demand for trays and clamshells has seen a meteoric increase in the North America and Europe rigid paper containers markets, owing to the urban and fast-paced lifestyle.
The manufacturers operating in rigid paper containers market have added additional features such as die cut lids and magnetic closing lids to make the packaging solution more consumer convenient and to stay one step ahead of their competitors in terms of design and innovation.
Amazon, one of the leading e-commerce companies, has taken an initiative to improve consumer experience of unpacking the received package. The company has developed a packaging solution in the rigid paper containers segment and has launched “frustration-free packaging,” which is specifically designed for e-commerce packaging. It provides protection to the product but doesn’t have layer after layer of different plastics wrapped around the rigid paper containers. On opening the Amazon rigid paper containers box, the purchase is out and ready to use, although smaller parts might be packaged in smaller rigid paper containers boxes. Apart from this, frustration-free packaging uses less packaging material thereby generating less waste and is 100% recyclable. This initiative might motivate manufacturers operating in the rigid paper containers market to use environment-friendly rigid paper containers to meet the packaging needs.
Manufacturers operating in rigid paper containers market are also focusing on improving barrier properties of the packaging solutions so that they can be used for liquid packaging. Tin cans are being replaced by liquid cartons for storing juices and soft drinks. Recently, Ecologic Brands Inc., a manufacturer of recycled materials, designed a paper bottle which can be recycled up to seven times.
The Asia-Pacific rigid paper containers market is projected to have significant growth opportunities during the forecast period. With the rapid economic development, growing food and beverages sector and rising awareness regarding environmental concerns, the demand for rigid paper containers is projected to escalate in Asia Pacific. The food packaging in the rigid paper containers market is expected to remain the most lucrative segment, and to expand at a CAGR of about 6.7% in the Asia Pacific rigid paper containers market.
Owing to the stringent regulations laid by the governing bodies against the usage of plastics and other non-biodegradable packaging solutions across the globe, the rigid paper containers market is expected to witness significant growth.
The global rigid paper containers market has been segmented on the basis of board type, product type, and end-use industries. An extensive range of product options are available for rigid paper containers, which offer safe transit and storage along with consumer convenience for product handling. Rigid paper containers are preferred over other rigid packaging formats as they are lightweight, economical, and biodegradable. The rigid paper containers market has been segmented on the basis of product type as boxes, tubes, trays, clamshells, and liquid cartons. Rigid paper containers are available in a variety of shapes and sizes to cater to different end-use industries, which include food, beverages, chemicals & fertilizers, automotive, consumer goods, pharmaceuticals, etc. The rigid paper containers market offers immense growth opportunities to players in the rigid paper containers market owing to the booming retail & e-commerce sectors and an increase in the inclination of consumers toward sustainable packaging.
The paperboard segment of the rigid paper containers market was valued at US$ 76 Bn in 2017 and is expected to expand at a CAGR of 6.1% during the forecast period of 2018-2026. On the basis of product type, the boxes segment holds the maximum market share in the rigid paper containers market and is expected to create an incremental $ opportunity of US$ 92,819.4 Mn during the forecast period. Among the end-use industries, the food segment is expected to maintain its dominance in the global rigid paper containers market by accounting about 26% of the total market share. The automotive industry is projected to expand at a CAGR of 6.5% during the forecast period.
Consumer inclination toward rigid paper containers can be attributed to the following factors:
Reusability & recyclability: Rigid paper containers are manufactured using wood pulp, which possesses high recyclability. Most rigid paper containers, including corrugated boxes, which are used globally, are made up of recycled pulp. Moreover, rigid paper containers are reusable, which makes them a preferred alternative over other packaging formats for home as well as commercial applications.
Efficient storage alternative: Rigid paper containers, such as folding cartons, are used in homes as well as commercial applications for storing miscellaneous goods. Rigid paper containers are available in different sizes and shapes, which enables consumers to use them for the packaging of different types of products. When not in use, these rigid paper containers can be folded into a flat sheet and stored in very less space.
Rising concerns over environmental issues: Consumers these days have made sustainability one of the decisive factors while choosing packaging formats. Owing to this, rigid paper containers are gaining traction among emerging as well as mature markets.
Some of the key players operating in the global rigid paper containers market include Sonoco Products Company, Smurfit Kappa, Mondi Group plc, Cascades Inc., Stora Enso Oyj, Huhtamaki Oyj, Oji Holdings Corporation, International Paper Company, DS Smith plc, and WestRock Company.
By Board Type
By Product Type
By End Use Industry
Food and Beverages
Chemicals and Fertilizers
Automotive and Allied Industries
Electrical and Electronics
The Rigid Paper Containers market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Rigid Paper Containers market for the base year 2020 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Rigid Paper Containers market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Rigid Paper Containers market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Rigid Paper Containers market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Rigid Paper Containers capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Rigid Paper Containers by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Rigid Paper Containers market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Rigid Paper Containers market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Rigid Paper Containers market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
For the region, type and application, the sales, revenue and their market share, growth rate are the key research objects; we can research the manufacturers' sales, price, revenue, cost and gross profit and their changes. What's more, we will display the main consumers, raw material manufacturers, distributors, etc.
Geographically, global xxx market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer.
We will provide market shares of the prominent market suppliers/companies separately for each of these geographies.
Overall, this is an in-depth research report specifically for the Rigid Paper Containers industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Rigid Paper Containers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Rigid Paper Containers market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Rigid Paper Containers market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Rigid Paper Containers market. These factors have benefited the growth of the global market for Rigid Paper Containers. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Rigid Paper Containers. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Rigid Paper Containers are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are:
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