According to a market report by Lucintel, the future of the paper packaging market in the US looks promising with opportunities in the food & beverages, healthcare, and personal & household care markets. The major drivers for this market are increasing production of paper, increasing consumer consciousness regarding sustainable packaging, and eco-friendly packaging as well as the strict regulations imposed by various environmental protection agencies.
In this market, paperboard, liquid packaging cartons, and corrugated board are the major types of paper packaging. Liquid packaging cartons is the largest segment due to increasing consumption in retail packaging, milk, and juice box packaging.
Within the paper packaging market, packaging for the food & beverage market is expected to witness the highest growth over the forecast period due to rising preference for functional foods and rapid expansion of frozen food and the fast food sector in emerging economies.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the paper packaging market in the US by product type and application and has compiled a comprehensive research report titled “Growth Opportunities for the Paper Packaging Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the paper packaging market in the US by product type and applications are as follows:
By Product Type [$ Million Shipment Analysis from 2015 to 2026]:
Paperboard
Liquid Packaging Cartons
Corrugated Board
Others
By Application [$ Million Shipment Analysis from 2015 to 2026]:
Food & Beverage
Healthcare
Personal & Households care
Other
This more than 50 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link…… or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.