The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.
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Rigid Paper Containers Market Overview
Growing awareness in people about the harm of plastics to nature has motivated people to use eco-friendly and biodegradable packaging. This has increased the production cost of the plastics as well as various restrictions on the production of plastics applied by governments across the globe. Replacing containers or paper canisters or composite cans are getting popular among consumers due to various advantages of it, including recyclable, biodegradable, low cost, high strength and much more. Rigid paper containers are not made up of paper only, these are composite containers which also make use of a low amount of either plastic or metal to provide rigidity at the bottom and top of the container. The food industry is the major consumer of rigid paper containers and making use of it for sealing capability to keep the food fresh for long time period.
Rigid Paper Containers Market Dynamics
The global volume of paper packaging has reached around a couple of hundred million tons and further expected to increase in volume due to its high applicability in packaging. Various industries are developing paper packaging solutions to reduce the usage of harmful plastics. Rigid paper containers make use of recycled paper for up to 90% of its composition and significantly contributes to protecting nature. The low cost of paper makes the rigid paper containers economical. Marketing and promoting the product is one of the major function of the packaging which is done effectively with rigid paper containers due to a large surface area is available to market the product. Also, simple and economical methods of printing are applicable on it. The food industry is the major consumer of rigid paper containers. Thus, the growing demand for food packaging has propelled the rigid paper containers market. All these facts are greatly responsible for growing market demand of rigid paper containers. Various manufacturing processes such as injection moulding and blow moulding are capable of making the complete packaging in the single process. On the other hand, rigid paper containers require a set of various processes to manufacture plastic or metallic top and bottom of the container, paper side walls, binding the parts together and some other. Thus, the manufacturing of paper containers is much more time-consuming. Also, various recyclable and biodegradable polymers are now available and getting popular. These factors from supply side have restricted the use of rigid paper containers.
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Rigid Paper Containers Market Segments
The rigid paper containers market can be segmented on the basis of shape of the container as
The rigid paper containers market can be segmented on the basis of end-use industry as
- Seasoning & spices
- Baby food
- Pet food
The rigid paper containers market can be segmented on the basis of global regions as
- North America
- Latin America
- Western Europe
- Eastern Europe
- Middle East & Africa
- Asia Pacific excluding Japan
Rigid Paper Containers Market Regional Outlook
Paper production has increased rapidly in developing countries of Asia, while decreasing in last few years in developed regions such as North America, Western Europe, and Japan. This is due to increase in recycling of paper, up to 75% or more in some of the developed countries, and also increasing legal regulations over afforestation to save the nature. This high abundance of paper in these regions coupled with increasing food packaging demand signifies potential market for rigid paper containers in Asia Pacific, North America, and Western Europe. Africa and Latin America, on the other hand, are lower in both volumes of paper production as well as packaging demand.
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Rigid Paper Containers Market Key Players
Some of the key players of the rigid paper containers market are
- Sonoco Products Company
- Coveris Holdings S.A.
- Victory Packaging, L.P.
- Archway Industries, LLC
- Can Jaya Products Packaging Sdn Bhd
- Konkan Paper Products
- Paper Tube Co.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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