Global Paper Bottles Market Highlights over 2022 – 2030
The global paper bottles market is estimated to grow at ~7% CAGR over the forecast period, i.e., 2022 – 2030. The growth of the market can be attributed to the growing environmental awareness amongst the masses regarding the demerits of using plastic bottles. Plastics is a non-biodegradable material, which is primarily responsible for polluting the oceans. According to the UN Environment report, 1 million plastic drinking bottles are purchased every minute, most of which end up in landfills and oceans. Only 9% of all plastic waste gets recycled, while over 79% gets dumped in water bodies or open garbage dumps. Paper bottles offer a green alternative to plastic bottles, as they are biodegradable, and do not harm the environment. This is estimated to act as a major growth driver for the market. Further, government initiatives to limit use of single-use plastics, such as setting up plastic waste management system, is expected to promote the use of plastic bottles on a mass scale. The use of paper cups, straws and bags has gained significant acceptance in the recent years, and paper bottles are expected to follow the same trend.
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The market is segmented by bottle type into shampoo bottles, soap dispenser, air freshener, water bottle, and others, out of which, the water bottles segment is anticipated to witness notable growth in the global paper bottles market over the forecast period on account of increasing adoption of paper bottles, along with the R&D activities to offer plausible alternative to plastic water bottles. Yearly, over 80 billion water bottles are produced, out of which 75% are never reused or recycled, and end up in landfills. Plastic water bottles create a major share of all plastic waste, which is why, this segment is expected to attain growth in the upcoming years.
Global Paper Bottles Market Regional Synopsis
On the basis of geographical analysis, the global paper bottles market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of rising government initiatives to reduce pollution, and promote the adoption of eco-friendly products. Moreover, APAC region is a major consumer of manufactured goods, owing to the high population in the region, which can generate massive growth opportunities for the market in the region. The most polluted rivers of the world- Yangtze River, Indus, and Huang He, all are in the APAC region. According to a report by the UN Environmental Program, the Yangtze River contained 1,469,481 tons of plastic, while Indus had 164,332 tons of plastic waste in 2018.
On the other hand, the market in the North America region is anticipated to gain a substantial share in the market during the forecast period, on account of high public awareness regarding the conservation of environment, along with large number of NGOs working towards creating awareness in this direction. Along with this, the presence of major manufacturers of paper bottles is also estimated to boost the market growth.
The global paper bottles market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
Market Segmentation
Our in-depth analysis of the global paper bottles market includes the following segments:
By Bottle Type
- Shampoo Bottles
- Soap Dispenser
- Air Freshener
- Water Bottle
- Others
By Raw Material
- Wheat Straws
- Sugarcane
- Bamboo
- Others
By End-User
- Food & Beverages
- Personal Care & Cosmetics
- Pharmaceutical
- Others
Growth Drivers
- Increasing Environmental Awareness Among People
- Biodegradable and Compostable Nature of Paper Bottles
Challenges
- Slow Adoption Rate, especially in Remote Areas
- High Production Cost
- Low Weight Bearing Capacity of Paper Bottles
Top Featured Companies Dominating the Market
- Paper Water Bottle
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Biopac India Corporation Ltd.
- Paper Bottle Company
- BillerudKorsnäs AB
- Frugalpac Limited
- Ecologic Brands Inc.
- VEGANBOTTLE
- JUST Goods, Inc.
- Choose Packaging
- LYSPACKAGING
