Paper Packaging Market Regional Analysis:
APAC Market Insights
Asia Pacific industry is predicted to dominate majority revenue share of 44% by 2035. The landscape tremendous growth in the region is expected on account of the surge in the presence of paper manufacturers such as envelope paper, and several government initiatives and steps to protect the environment in the region. According to the World Customs Organization, an initiative- the Asia-Pacific Waste Project (APPWP) was implemented by the Japanese Government from April 2020 to June 2023, which aims to strengthen the customs administrations and to respond appropriately to environmental threats.
Nestle Japan is continuously evolving its packaging to make it refillable and reusable along with recycled packaging materials. This helps them make it a bio-based and high-performance barrier paper, which is easily biodegradable and compostable.
According to a report, paper consumption in India is predicted to witness an annual fuel of more than 6% & is expected to cross 30 million tons by 2027.
North American Market Insights
The North American region will also encounter a huge influence on the paper packaging market demand during the forecast period with a size and will account for the second position attributed to the consumers being more aware regarding their packaging choice, and becoming highly aware of the environmental impacts because of it. According to a report, about 13 environmental indicators reported that about 10% of the total life cycle emissions are caused due to plastic packaging.
Cascades in the United States, launched a cardboard container made up of 100% recycled fibers, especially from post-consumer sources. This tray is also resistant to humidity as it has a water-based barrier coating.
