Global Paper, Paperboard Packaging Market to Grow 6.5% in 2015

 

A new report released this week by Wha Tech, Mt. Macedon, Australia, titled Global Paper and Paperboard Container and Packaging Market to grow a at CAGR of 6.50% During 2015, was prepared based on market analysis with input from industry experts. The report covers the APAC region, Europe, North America, and the ROW.

According to the report, paper and paperboard packaging is an emerging trend in the overall packaging industry. It is gaining importance in many regions as it is environment friendly and cost-effective.

Paperboard, according to the findings of many corporate suppliers who depend on reliable packaging, is thicker with a higher weight per unit area. Another positive for some is that it is/can be made in multiple layers. This packaging sector is mostly used to make containers such as boxes, cartons, and trays for packaging and shipping and is seldom used for direct food contact. 

This report does not cover paper-based food, hygiene, and medical packaging in depth although it is also expected to be a consistently growing market now and in future years as well.

The various types of paperboard studied were white board, solid board, chip board, and fiber board. The vendors in the global paper, paperboard container and packaging market are continuously offering new packaging patterns that can prevent the contamination of products such as food or beverages.