Albany, New York, January 11, 2019: Rigid paper container has gained prominence in food & beverage industry as the trend of on-the-go food is growing in popularity. On the back of urbanization and sedentary lifestyle, North America and Europe has witnessed a rise in the adoption of rigid paper containers. On the other hand, Asia Pacific is estimated to have impressive growth owing to robust economic development, flourishing e-commerce sector and thriving food & beverage industry. Taking a host of factors into consideration, in terms of revenue, the rigid paper containers market is projected to expand at a CAGR of over 5% during the forecast period 2018-2026.
Packaging in rigid paper containers improves the aesthetics of packaged product, thereby increasing the prominence of rigid paper containers in the retail industry. Compared to paperboard, corrugated boxes is expected to have far-reaching impact in the rigid paper containers market as the boxes signify the largest single category of recycled product and it assures minimum damage to the packaged product. These aspects have become instrumental in the growth of rigid paper containers in the automotive industry. These aforementioned insights are according to the report titled, “Rigid Paper Containers Market—Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2026,” which has been lately incorporated in the repository of Market Research Reports Search Engine (MRRSE).
Amazon, an e-commerce giant, in a bid to enhance consumer experience in terms of unpacking of received package, rolled out frustration-free packaging. The packaging shields the product and doesn’t have layer after layer of plastics wrapped around rigid paper containers. Moreover, given this packaging is completely recyclable, manufacturers active in the rigid paper containers market can take a leaf out of Amazon’s book. Rigid paper containers market is expected to witness notable growth during the forecast period as government bodies globally have laid down rigid regulations against the use of plastics and non-biodegradable packaging solutions.
Rigid Paper Containers Market: Report Content
The report offers a quantitative and qualitative analysis on the rigid paper containers market for the forecast period 2018-2026. The report delves into the dynamics and inhibitors of the market along with the trend analysis. The report also segregates the market to provide in-depth analysis on the rigid paper containers. The market is segmented on the basis of board type, product type and end-use.
The report starts with an exhaustive executive summary and market viewpoint. The market viewpoint section delves into production cycle of corrugated box, macro-economic factors and value chain analysis. This section further delineates PESTLE analysis of top 5 countries and gives insights on Porters’ Five Force Analysis.
The final section includes competitive landscape of the market with a dashboard view. The section includes company overview, financial overview, product portfolio, strategies, profitability, channel footprint and competition benchmarking. Some of the companies included in the report are DS Smith Plc, WestRock Company, Smurfit Kappa Group plc and Sonoco Products Company, among others.
Rigid Paper Containers Market: Research Methodology
The research methodology in this report includes primary sources, secondary resources and assessment from expert panel for the forecast period 2018-2026. Primary sources include telephonic interviews, face to face interviews, e-mail interactions and honest reviews of the market across regions. Whereas, the secondary sources incorporate annual reports, national government documents, SEC filings, investors’ presentation, World Bank database, internal and external proprietary database, market reports, industry white paper, regulatory database and statistical database. Expert panel rigorously assesses the report in order to provide readers with authentic and unbiased report. The analysis of the performance of market across regions has been done taking Y-o-Y growth and BPS into consideration. The report has been analyzed through absolute dollar opportunity analysis, which are often ignored while assessing the market.
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