Understanding Key Drivers and Growth Opportunities in the Converted Paper Products Market: Trends and Market Size Insights
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theConverted Paper Products Market?
The anticipated growth in the converted paper products manufacturing market is largely due to the escalating demand for online shopping. This advancement allows manufacturers to take advantage of a much broader platform for their products than previously, thereby expanding their geographical customer base and fuelling the market growth. For example, data from the U.S. Census Bureau states that as of August 2024, e-commerce sales in U.S. retail reached a total of $282.3 billion in the second quarter of 2024. This was a 5.3 percent increase (± 0.7) from Q1 2023. Consequently, this surge in online shopping needs is contributing to the growth of the converted paper product market.
Get Your Free Sample Report Now – Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2974&type=smp
#What Growth Opportunities Will Drive the Converted Paper Products Market’s CAGR Through 2034?
In the past few years, the size of the converted paper products market has seen significant expansion. The market, which is projected to escalate from $614.12 billion in 2024 to $665.76 billion in 2025, will have a compound annual growth rate (CAGR) of 8.4%. Factors such as economic and industrial development, population increase and urbanization, environmental consciousness, the preference of consumers for convenience, and government norms and standards contributed to the growth during the historic period.
The market size for converted paper products is anticipated to experience substantial expansion in the upcoming years, with a prediction to reach $889 billion in 2029, with a compound annual growth rate (CAGR) of 7.5%. The expected growth during the prediction period can be linked to the rise of e-commerce, sustainable packaging approaches, the use of biodegradable and compostable materials, legal compliance, eco-friendly printing inks, and the transition towards digital media. Key trends during this period are likely to include design innovations in packaging, personalization and customization, increased R&D funding in paper technology, the development of specialty papers, and paper-based alternatives to disposable plastic.
You can Directly Purchase the Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2974
How Are Consumer Market Innovations Shaping the Current and Future Landscape of theConverted Paper Products Market?
In an attempt to minimize their dependence on virgin plastics and improve recyclability, major corporations within the converted paper products market are directing their efforts towards the development of sustainable packaging solutions such as paper outer bags. These bags, which are essentially product enclosures made from paper, serve as replacements to conventional plastic packaging. For example, Walkers, a snack food company based in the UK known for its potato crisps among other products, unveiled new paper outer bags for its Baked crisps range in October 2023. Through this initiative, the company aims to cut down their virgin plastic use by 180 tonnes annually and offer a packaging alternative that is easily recyclable at home. This is a part of Walkers’ continuous push towards innovation and virgin plastic elimination from their packaging in a bid to reduce their carbon emissions.
Who Are the Key Market Players Influencing the Growth of the Corn and Converted Paper Products Industry?
Major companies operating in the converted paper products market include WestRock Company, International Paper Company, Kimberly Clark Corporation, Essity AB, Georgia-Pacific LLC, Smurfit Kappa Group PLC, Stora Enso Oyj, Oji Holdings Corporation, UPM-Kymmene Corporation, DS Smith plc, Graphic Packaging Holding Company, Mondi Group, Nippon Paper Industries Co. Ltd., Packaging Corporation of America, Sonoco Products Company, Domtar Corporation, Cascades Inc., Ahlstrom-Munksjö Oyj, Metsä Group, Burgo Group S.p.A., SCA Group, Clearwater Paper Corporation, Svenska Cellulosa AB, Cenveo Corporation, Kruger Inc., Wausau Paper Corp., Daio Paper Corporation, Delta Paper Mills Limited, Evergreen Packaging LLC, Finch Paper LLC, Glatfelter Corporation, Hokuetsu Corporation, Huhtamaki Oyj, KapStone Paper and Packaging Corporation, Long Chen Paper Co. Ltd.
Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/converted-paper-products-global-market-report
Which Key Market Segments Comprise the Converted Paper Products Market and Drive Its Revenue Growth?
The converted paper products market covered in this report is segmented –
1) By Type: Paperboard Container, Sanitary Paper Product, Stationery Products, Paper Bag And Coated And Treated Paper, All Other Converted Paper Products
2) By Raw Material: Wood And Agro Residue, Waste And Recycled Paper
3) By End-Use: Packaging And Wrapping, Food Service, Printing, Other End Users
Subsegments:
1) By Paperboard Container: Folding Cartons, Rigid Boxes, Corrugated Boxes, Paperboard Cups And Trays, Paperboard Containers For Food Packaging
2) By Sanitary Paper Product: Toilet Paper, Paper Towels, Facial Tissues, Napkins, Wipes
3) By Stationery Products: Notebooks And Writing Pads, Envelopes, Paper Sheets And Pads, Paper Cards, Post-It Notes
4) By Paper Bag And Coated And Treated Paper: Kraft Paper Bags, Shopping Bags, Stand-Up Pouches, Grocery Bags, Retail Paper Bags, Coated Paper For Printing And Writing, Specialty Coated Paper, Food Packaging Paper, Water-Resistant Paper, Barrier Coated Paper
5) By All Other Converted Paper Products: Paper-Based Food Packaging, Paper Straws, Paper-Based Films And Laminates, Paper Labels, Paper Cups And Plates
Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=2974&type=smp
Which Regions Are Emerging as Leaders in the Converted Paper Products Market?
Asia-Pacific was the largest region in the converted paper products market in 2024. North America was the second largest region in the converted paper products market. The regions covered in the converted paper products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Browse Through More Reports Similar to the Global Converted Paper Products Market 2025, By The Business Research Company:
Design, Research, Promotional And Consulting Services Global Market Report 2024
Electronic Contract Manufacturing and Design Services Global Market Report 2024
Research Antibodies and Reagents Global Market Report 2024
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
