World Market for Paper Packaging Materials to Reach 223 Million Metric Tons by 2010, According to a New Report by Global Industry Analysts, Inc.
San Jose, CA (PRWEB) March 11, 2008 -- World market for Paper Packaging Materials (http://www.strategyr.com/Paper_Packaging_Materials_Market_Report.asp) is forecast to maintain a CAGR of over 2.76% over the years 2001-2010 and reach in excess of 223 million metric tons by the end of the decade. While Containerboard (http://www.strategyr.com/Paper_Packaging_Materials_Market_Report.asp) constitute major part of the paper packaging materials, Cartonboard (http://www.strategyr.com/Paper_Packaging_Materials_Market_Report.asp) also accounts for a significant share. The US represents the largest individual market for paper packaging materials worldwide. The market is forecast to reach 58.2 million metric tons by 2010, thus exhibiting a compounded annual growth rate of 2.02% during the period 2001-2010.
Containerboard market worldwide has witnessed significant changes regarding grade structures and product specifications, with share of waste-based grades increasing at a rapid rate. This can be reflected by the fact that share of waste-based grades grew from about 34% in 1980 to about 55.8% by 2004, mostly at the cost of virgin fiber-based grades. While North America and Western Europe continue to dominate the containerboard market worldwide, China and other markets of developing regions represent high growth potential markets. Though manufacturers from developed countries are cushioned by advanced technologies and easy availability of raw materials, they are likely to face stiff competition from Asian manufacturers, with price as major competitive factor.
Paperboard and corrugated boxes demand is expected to increase considerably over the next two years. A positive trend in this market would be an increase in non-durable products shipments, as they account for over 3/4th of demand for boxes. Growth in the market for durable goods, which utilize costly and large boxes, is identified as an important trigger factor. Other growth drivers include the strong beverage and food market, which is one of the biggest end-use markets for boxes. Increase in prepared and processed foods is also likely to stimulate the market, as they require attractive packaging to push sales. Premium box sectors such as printed are becoming more popular and are likely to drive demand for boxes.
Despite making inroads into several niche applications, paper packaging materials are increasingly replaced by plastic films and composites with enhanced properties, in traditional applications. Carry-out and prepared foods, beverage cartons and shipping sacks represent high growth potential areas for paper packaging, while the industry is likely to lose its share in milk cartons, retail bags/cartons and egg cartons.
Packaging materials market has traditionally been a large-scale industry, where product marketing was of relatively lesser importance. However, increased globalization in trade coupled with heightened environmental awareness levels have necessitated packaging materials providers to offer information regarding product characteristics, including raw materials used, manufacturing process and performance of the product in service. Besides, advancements in processing technologies have driven specialization within the industry, resulting in an ability to produce specialty products that effectively meet customer requirements.
Major companies covered include DS Smith PLC, Georgia-Pacific Corporation, Holmen AB, International Paper Company, MeadWestvaco Corp., M-Real Oyj, Mayr-Melnhof Group, Oji Paper Co., Ltd., Smurfit Kappa Group plc, Smurfit-Stone Container Corp., Stora Enso Oyj, Svenska Cellulosa Aktiebolaget, UPM-Kymmene Corporation, and Weyerhaeuser Company.
"Paper Packaging Materials: A Global Strategic Business Report", published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, recent developments, mergers, acquisitions, profiles of major players and other strategic industry activities. Analysis is presented for major geographic markets such as US, Canada, Japan, France, Germany, Italy, the UK, Spain, Russia, Asia-Pacific, and Latin America. Analytics for the period 1991 through 2015 are provided in terms of Product segments including Containerboard, Cartonboard, Packaging & Wrapping Paper and Other Paperboard.
For more details about this research report, please visit http://www.strategyr.com/Paper_Packaging_Materials_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (http://www.strategyr.com) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site www.StrategyR.com
###
Related Articles:
JellyBasket order Palmalito guava jelly by the case or gift basket!
Palmetto Canning Co., Inc. - Contract Packaging in glass or plastic for sauces, marinades, and other food products
CareMetix, Inc. - Contract Packaging for tube filling, form fill and seal, wet or dry chemical products including polyvinyl packaging.
Choosing the Proper Coating For Your Packaging
Choosing the proper coating is an essential step in designing and producing quality packaging. Why are coatings important? For some of the same reasons that packaging is important.
HotelClub Releases Findings on Worldwide Travel Packing Habits Survey
Another HotelClub Insider: HotelClub.com discloses findings on worldwide travel packing habits that gives tips on how to lessen the stress of packing for a holiday.
Woodbridge Group Closes Add-on Deal: Automated Packaging Sold to Cloud Packaging Solutions
Woodbridge Group, Inc., a marketing-driven middle-market mergers and acquisitions firm, is pleased to announce the sale of its client, Automated Packaging, Inc. to Cloud Packaging Solutions LLC, a portfolio company of private equity firm Cameron Holdings Corp.
Trigger Sprayers: Significant trend in packaging solutions
Our customers prefer the Trigger sprayers because of their uniform liquid content spraying attribute. The customers are preferred to purchase products having trigger sprayers so also the marketers.
Packing Tips For Your Cruise Vacation
Need some help with packing for your cruise? While packing for a vacation may seem like a no-brainer, there are actually a few guidelines you should follow with respect to packing for cruises.
Packaging Directory
Like all directories, a packaging directory would also list suppliers and manufacurers of different kinds of packaging, and packaging equipment.
Salazar Packaging, Inc. Introduces 100% Post-Consumer Waste Corrugated Boxes
New from Salazar Packaging, Globe Guard? corrugated boxes are made from 100% PCW material, enabling shippers to improve their sustainable packaging and support Green initiatives.
National Institute of Packaging, Handling & Logistics Engineers
Richard Owen, Executive Director of The National Institute of Packaging, Handling and Logistics Engineers (NIPHLE) announces the formation of a Packaging School.
World Blister and Other High Visibility Packaging Market to Reach US$36.6 Billion by 2010, According to New Report by Global Industry Analysts, Inc.
Driven by the growing sophistication of packaging needs in key end-use industries, the world blister and other high visibility packaging market is projected to reach US$36.6 billion by the year 2010. The need for user-friendly, flexible, interactive, and environmentally friendly packaging solutions, is throwing the spotlight on blister packaging. The food and the pharmaceutical industry in particular, are expected to prop up growth in this market in the upcoming years.
Taking A Tour ? Guide To Preparing And Packing For Your Trip
Do you have your trip booked and ready to take off on a dream vacation? There are some things to remember when preparing for your trip. Forgetting something or being ill prepared won?t be the end of the world but the added frustration can be prevented. Travel preparation is crucial and here are some tips.