Report Ocean has just released an all-encompassing market research report delving deep into the Paper and Board Technologies Market industry. This report furnishes readers with invaluable insights into both present and future industry trends, equipping them with the means to discern the factors driving revenue growth and profitability. It meticulously scrutinizes the critical factors that impact both the global and regional markets, encompassing drivers, limitations, risks, challenges, opportunities, and trends specific to the industry. Additionally, the report underscores global certainties, undertakes comprehensive analysis of key players from upstream to downstream, and presents market forecasts, SWOT & PESTEL analysis, market scenarios, and feasibility studies.
Paper and Board Technologies Market is valued at approximately USD $$billion in 2021 and is anticipated to grow with a healthy growth rate of more than $$% over the forecast period 2022-2029. Paper and Board Technologies refers to the machinery, products, services, and technologies used across the paper and board packaging market. It offers eco-friendly and biodegradable packaging including carton boards, wrapping paper, container boards, etc. The Paper and Board Technologies market is expanding because of factors such as the growth of the packaging industry and rising demand for lightweight packaging boards.
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According to Statista in 2022, paperboard accounted for approximately 33 % of packaging material consumption across the globe. Whereas other substitutes such as plastics, rigid plastics, metals, glass, and other packaging material shares around 25.5%, 18.7%, 12.1%, 5.8%, and 4.7%.
Whereas rising growing consumer awareness towards sustainable packaging material and growing digitalization of the industry create lucrative opportunities for the market. However, the high cost of the solutions hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Paper and Board Technologies Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to the increasing penetration of packaging machinery, rising government regulations towards sustainable development, and growing digitalization and automation by the packaging industry. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing consumption of goods, increasing penetration of market players ,and rising consumer awareness towards eco-friendly packaging
Major market players included in this report are:
Valmet Oyj
Siemens AG
Andritz AG
Flint Group
Covestro AG
Honeywell International Inc.
ABB Ltd
Stora Enso Oyj
International Paper
BW Papersystems
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Recent Developments in the Market:
In May 2022, Sun Paper was assisted by ABB Ltd in the establishment of a pulp mill in the new Beihai, China. ABB installed three ABB Ability System 800xA distributed control systems (DCS), two mechanical pulp drive systems, four refiner motors, auxiliary high-voltage cabinets, and more than 30 high and low-voltage motors.
In January 2022, BW Paper systems has announced the completion of a contract with Cazzago San Martino, Brescia-based New Packing System srl. The agreement calls for the supply of a four-color 16.28 ServoPro rotary die-cutter. This machine will be installed in August 2023, joining existing converting machines supplied by BW Paper systems.
Global Paper and Board Technologies Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product:
Containerboard,
Carton board,
Wrapping Paper,
Tissue
By Application:
Production Lines and Machine Sections,
Automation,
Printing,
Services
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Contents:
- Executive Summary
- Introduction
- Methodology
- Market Overview
- Market Analysis
- Market Size and Forecast
- Market Trends
- Market Dynamics
- Market Segmentation
- Competitive Landscape
- Competitive Scenario
- Key Players
- Regional Analysis
- Regional Market Overview
- Market Size and Forecast by Region
- Product/Service Analysis
- Product/Service Overview
- Market Size and Forecast by Product/Service
- End-User Analysis
- End-User Overview
- Market Size and Forecast by End-User
- Industry Structure
- Key Findings and Recommendations
- Conclusion
Compelling Reasons to Invest:
Market Segmentation and Value Insights:
- The report offers a comprehensive market segmentation, providing market value data for each segment and sub-segment examined. This deepens your understanding of market dynamics and opportunities within specific market segments.
Focus on Rapid Growth and Dominant Regions:
- This study pinpoints regions and market segments poised for swift growth and those holding a substantial market share. This strategic insight aids businesses in targeting high-growth areas for investment.
Geographical Market Analysis:
- Emphasizing product or service consumption across different geographic areas, the report identifies region-specific variables that influence the market. It offers valuable insights into regional market dynamics.
Competitive Landscape:
- The report includes market rankings of major players, highlighting recent partnerships, product/service launches, business expansions, and acquisitions by profiled companies. This data facilitates a comprehensive understanding of the competitive landscape and industry trends.
Comprehensive Company Profiles:
- Detailed profiles are provided for top market players, encompassing business overviews, company insights, product benchmarking, and SWOT analysis. This aids in gaining a holistic perspective on key market players.
Market Outlook and Growth Prospects:
- The report presents the current market outlook and future growth prospects, considering recent changes and developments. It identifies growth opportunities, drivers, obstacles, and restrictions in both developing and emerging regions.
Market Analysis Using Porter’s Five Forces and Value Chain:
- The market report offers a multifaceted market analysis, utilizing Porter’s five forces to assess industry competitiveness and providing insights into the market using the Value Chain approach.
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