Global Paper Bottles Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Paper bottles are made from biodegradable materials like paper, which is easily decomposable and non-pollutant, whereas in case of the plastic bottle it creates air pollution along with water pollution. Paper bottles are also made from plant pulp and plant-based fibers. Paper Bottles market is mainly driven by increasing focus over green packaging trend and shifting Consumer preference towards sustainable products. For instance, according to PepsiCo (Leading Food and Beverage Company)- In July 2020 PepsiCo has partnered with consumer goods companies Unilever, Diageo and Pilot Lite to develop and scale the world's first recyclable paper bottle. Also, in July 2020 - A Frugalpac (UK based sustainable packaging company) has launched a wine bottle. the bottle has been made from 94% recycled paperboard and has 84% less carbon footprint than that of glass. Also, as per an article from World Economic Forum- The economic benefits of implementing best practice in packaging design such as packaging made from recycling material is estimated at USD 2 - USD 3 billion annually across OECD countries. Also, with the growing demand from end use industries such as beverages and commercial packaging, the adoption & demand for Paper Bottles is likely to increase the market growth during the forecast period. However, slow adoption rate and low recycling yield of paper, impedes the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Paper Bottles market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to increasing technological advancements and shifting consumer preference in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such rising paper and pulp industry in the region would create lucrative growth prospects for the Paper Bottles market across Asia-Pacific region.
Major market player included in this report are:
LYSPACKAGING
Biopac India Corporation Ltd.
Paper Bottle Company
BillerudKorsnas AB
Ecologic Brands, Inc.
Vegan Bottle
Choose Packaging
ubuntoo
Frugalpac
Just Water
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
Kraft Paper
Recycled Paper
By Capacity:
5ml-100ml (small)
100ml-500ml (medium)
500ml-1000ml (large)
Others
By End Use Industries:
foods & beverages
Household
Commercial Packaging
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Paper Bottles Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors