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Rigid Paper Container Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

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Dec 2020 | 36 Views
 
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Rigid paper containers are among paper-based packaging solutions, which include boxes, tubes, trays, liquid cartons, and clamshells. Rigid paper containers can be manufactured using either paperboard or containerboard. Rigid paper containers are made up of containerboard, which consists of two grades of boards such as liner board and corrugating medium. Furthermore, rigid paper containers made up of linerboard are used for creating faces of corrugated box, while corrugating medium makes up rippled middle layer known as flutes.

Market scope and structure analysis :

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Product, Type, Distribution Channel and Region

  Geographies covered

North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analyzed include Stora Enso Oyj, Smurfit Kappa, Mondi Group plc, Cascades Inc., Sonoco Products Company, International Paper Company, Huhtamaki Oyj, Oji Holdings Corporation, DS Smith plc, and WestRock Company.

 

COVID-19 scenario analysis : 

COVID 19 Scenario 

The COVID-19 has extremely affected the economy in the world in a negative wat, hence the rigid paper containers market also got affected abruptly and experienced a slowdown in the generation of revenue. There were strict regulations by governments of various countries, which caused reduction in demand for rigid paper containers in the current scenario. Furthermore, industries are focusing on innovations during the lockdown situation, such that it could help gain attention of majority of the players during the forecast period.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The key factors affecting the industry include the advantages posed by the rigid paper containers, such as, it offers easy printability, which would fulfill the need of the hour. These are considered ideal for printing product information as well as branding & marketing information, and hence are useful for the growth of the industry. Additionally, elevating ecological concerns among the end-user will catapult the market growth in the next few years. The growth in the demand for corrugated packaging in the rigid paper containers market is at its peak, due to the thriving e-commerce industry.

The global rigid paper container market trends are as follows:

New product launches to boost the rigid paper container market

Major companies are focusing on the up gradation according to the need in the market in the coming years. Furthermore, the growth in the demand for the rigid paper container for most of the consumer products and is anticipated to help the industry propel in the forecast period. The major companies are focusing over launching newer products and keeping in mind about the eco-friendly nature of the product and hence are expected to boost the market to gain revenue at a higher pace. 

For instance, Sonoco Consumer Products Europe had announced that it will unveil its SquareCan, a rigid paper container in a nearly square format. The company had displayed its current portfolio of rigid paper containers and plastic packaging solutions. The rigid paper container with a nearly square layout can be decorated all around, including the top and bottom. This strengthens brand management and simultaneously attracts a great deal of consumer attention.

Surge in mergers and acquisitions to boost adoption of rigid paper containers 

The boom in the demand for the rigid paper container to be utilized for the untapped business, and are the main arena focused by the key players. There has been a growth in the number of mergers and acquisitions, which would help the industries gain maximum attention by the population, and hence propel the revenue generation in the forecast period. 

For instance, in October 2019, Berlin Packaging and Novio Packaging announced that they have entered into a definitive agreement for Berlin Packaging to acquire Netherlands based Novio Packaging Group B.V. This strategic transaction significantly strengthens Berlin Packaging's European plastic offering, enhances its expertise in personal care, pharmaceutical, food, and sports nutrition verticals, and expands its northern European footprint. 

Berlin Packaging's European companies are comprised of specialty glass market leader Bruni Glass, closure experts Bruni Erben, and four other companies acquired in 2019. The addition of Novio Packaging to Berlin Packaging's existing European companies creates a unique packaging supplier for glass, plastic, and metal containers and closures with a full suite of income-boosting services designed to grow customers' net income.

Key segments covered:

Segments

Subsegments

  Product

  • Tubes
  • Boxes
  • Trays
  • Clamshells
  • Liquid Cartons

  Type

  • Conventional
  • Organic

  Distribution Channel

  • Direct
  • Indirect

 

Key benefits of the report:

  • This study presents the analytical depiction of the global rigid paper container industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global rigid paper container market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global rigid paper container market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global rigid paper container market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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