U.S. Paper Packaging Market Update 2024: Predicted to Achieve USD 96.6 Billion Revenue by 2032 - IMARC Group

Comments ยท 18 Views

The United States paper packaging market size reached US$ 81.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 96.6 Billion by 2032, exhibiting a growth rate (CAGR) of 1.92% during 2024-2032.

Paper Packaging Market - United States

Market Statistics

Market Size in 2023: USD 81.0 Billion

Market Forecast in 2032: USD 96.6 Billion

Market Growth Rate: 1.92% (2024-2032)

The United States paper packaging market is experiencing robust growth, propelled by increasing demand for sustainable and eco-friendly packaging solutions. With a shift toward recyclable materials, paper packaging continues to gain popularity across various industries. This trend reflects strong consumer and industry preference for environmentally conscious options. According to the latest report by IMARC Group, the market size reached USD 81.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 96.6 Billion by 2032, exhibiting a growth rate (CAGR) of 1.92% during 2024-2032.

Download sample copy of the Report: https://www.imarcgroup.com/united-states-paper-packaging-market/requestsample

United States Paper Packaging Industry Trends and Drivers:

  • Key Trends:
    • Sustainability Innovations:
      • Companies are focusing on developing lightweight, durable paper materials that are eco-friendly and meet performance requirements.
      • Increased use of recyclable and biodegradable materials, including eco-friendly inks and adhesives.
  • Digital Packaging Solutions:
      • Digital printing technologies are on the rise, allowing for greater customization and faster production, catering to brands seeking unique packaging to enhance customer experience.
  • Smart Packaging Integration:
      • Packaging now includes features like QR codes, enabling brands to connect with consumers through digital platforms, sharing product information or promotions directly.
  • Demand for Protective Shipping Solutions:
      • With remote work on the rise, there is an increased need for packaging that protects items during shipping, leading to advancements in cushioning and protective paper materials.
  • Market Drivers:
    • Consumer Demand for Sustainable Packaging:
      • Growing consumer preference for eco-friendly solutions is driving demand for paper-based packaging options across multiple industries.
  • Regulatory Support for Plastic Alternatives:
      • Government regulations to reduce plastic waste are encouraging businesses to adopt sustainable packaging materials like paper.
  • E-Commerce Growth:
      • The boom in online shopping has escalated demand for paper-based products, such as corrugated boxes and protective wraps, as retailers seek sustainable packaging options.
  • Adoption in the Food and Beverage Sector:
      • Rising consumer interest in recyclable containers has led the food and beverage industry to widely embrace paper-based packaging.
  • Transition in Pharmaceutical and Personal Care Industries:
      • These sectors are increasingly adopting paper packaging to meet regulatory standards and environmental goals.
  • Advancements in Production Technologies:
      • Innovations in production processes are improving the quality, durability, and design flexibility of paper packaging, making it a competitive alternative to plastic.
  • Market Outlook:
    • The United States paper packaging market is poised for sustained growth, driven by consumer demand for eco-friendly packaging, regulatory support, and e-commerce expansion. Continued advancements in sustainable materials, digital printing, and protective packaging solutions underscore the sector's adaptability to meet evolving market needs.

United States Paper Packaging Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Product Type:

  • Corrugated Boxes
  • Folding Boxes and Cases
  • Liquid Paperboard Cartons
  • Paper Bags and Sacks
  • Others

Breakup by Grade:

  • Solid Bleached
  • Coated Recycled
  • Uncoated Recycled
  • Others

Breakup by Packaging Level:

  • Primary Packaging
  • Secondary Packaging
  • Tertiary Packaging

Breakup by End Use Industry:

  • Food
  • Beverages
  • Personal Care and Home Care
  • Healthcare
  • Others

Breakup by Region:

  • Northeast
  • Midwest
  • South
  • West

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Request for customization: https://www.imarcgroup.com/request?type=report&id=3328&flag=F

Key highlights of the Report:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.  IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

134 N 4th St. Brooklyn, NY 11249, USA 

Email: sales@imarcgroup.com 

Tel No:(D) +91 120 433 0800 

United States: +1-631-791-1145

Comments