Industry Overview 2023-2028
Paper packaging refers to a cost-efficient and versatile method of protecting, transporting, and preserving items using rigid and flexible packing materials. It is usually highly durable, versatile, lightweight, and recyclable and is widely available in numerous shapes, sizes, and colors depending on the requirement of the end users. Therefore, paper packing has extensive applications in the food and beverage (F&B), retail, cosmetics, and healthcare sectors across the country.
How big is the United States paper packaging market?
The United States paper packaging market size reached US$ 79.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 91.2 Billion by 2028, exhibiting a growth rate (CAGR) of 2.2% during 2023-2028.
Market Growth Drivers and Trends:
The escalating demand for environment-friendly packaging solutions, on account of the increasing environmental concerns, is among the key elements stimulating the United States paper packaging market. Moreover, the growing number of online shopping platforms and the expanding e-commerce sector are influencing the demand for secondary and tertiary packaging products, which is acting as another significant growth-inducing factor.
Besides this, the launch of stringent policies by the US Government to promote the use of paper-based packaging materials to minimize pollution and toxin levels in the atmosphere and the rising need for sustainable packaging solutions are also propelling the market growth.
Furthermore, the expanding food and beverage (F&B) sector is positively influencing the market growth across the country. Apart from this, the inflating usage of food-grade paper packaging products to retain the nutrient content and maintain the quality of the food contents is further fueling the market growth.
Additionally, the introduction of several product innovations to enhance the efficiency of the item and to produce visually appealing variants by leading manufacturers is anticipated to fuel the United States paper packaging market over the forecasted period.
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Key Market Segmentation:
The report has segmented the United States paper packaging market on the basis of product type, grade, packaging level, end use industry and region.
Breakup by Product Type:
- Corrugated Boxes
- Folding Boxes and Cases
- Liquid Paperboard Cartons
- Paper Bags and Sacks
- Others
Breakup by Grade:
- Solid Bleached
- Coated Recycled
- Uncoated Recycled
- Others
Breakup by Packaging Level:
- Primary Packaging
- Secondary Packaging
- Tertiary Packaging
Breakup by End Use Industry:
- Food
- Beverages
- Personal Care and Home Care
- Healthcare
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
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