Dublin, Aug. 16, 2021 (GLOBE NEWSWIRE) -- The "Paper Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
The global paper products market is expected to grow from $837. 46 billion in 2020 to $885. 66 billion in 2021 at a compound annual growth rate (CAGR) of 5. 8%. The market is expected to reach $1080. 64 billion in 2025 at a CAGR of 5%.
Major companies in the plastics product market include Georgia-Pacific Corporation; International Paper Company; Kimberly Clark Corporation; Tetra Laval Group and Svenska Cellulosa Aktiebolaget.
The plastics product market consists of sales of plastics products by entities (organizations, sole traders and partnerships) that produce plastics products. The companies in this industry produce packaging materials, film and sheet, foam products, plastic bottles and all other plastic products which have domestic and industrial applications.
These companies use polymers and resins as raw materials which are primarily sourced from polymer suppliers and processes used in plastic products manufacturing include compression molding, extrusion molding, injection molding, blow molding and casting. The plastics product market is segmented into converted paper products; unfinished paper and pulp mills.
Asia Pacific was the largest region in the global paper products market, accounting for 35% of the market in 2020. North America was the second largest region accounting for 26% of the global paper products market. Africa was the smallest region in the global paper products market.
The paper industry has been shifting from labor intensive manufacturing processes to automated production facilities. Automation has enabled paper product companies to enhance productivity and reduce production costs. These technologies are also saving energy cost. Control systems such as integrated drive systems (IDS) are improving plant efficiency by minimizing energy consumption and simplifying service and maintenance processes. For instance, Swedish company Stora Enso partnered with Siemens to automate its Skoghall facility.
Faster Economic Growth
The paper products manufacturing market is expected to benefit from steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3. 3% in 2020 and 3. 4% in 2021.
Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period.
Greater economic growth is likely to drive public and private investments, joint ventures, foreign direct investments in the end-user markets, thereby driving the market during forecast period.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Paper Products Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Paper Products Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Paper Products Market Supply Chain
5.1. Supply Chain
5.3. End Customers
6. Paper Products Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Paper Products Market Trends And Strategies
8. Impact Of COVID-19 On Paper Products
9. Paper Products Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Paper Products Market Regional Analysis
10.1. Global Paper Products Market, 2020, By Region, Value ($ Billion)
10.2. Global Paper Products Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Paper Products Market, Growth And Market Share Comparison, By Region
11. Paper Products Market Segmentation
11.1. Global Paper Products Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
Converted Paper Products
11.2. Global Paper Products Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12. Paper Products Market Segments
12.1. Global Converted Paper Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Paperboard Container; Paper Bag And Coated And Treated Paper; Sanitary Paper Product; Stationery Products; All Other Converted Paper Products
12.2. Global Unfinished Paper Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Paper And Paperboard; Newsprint
12.3. Global Pulp Mills Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
13. Paper Products Market Metrics
13.1. Paper Products Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Paper Products Market Expenditure, 2015-2025, Global
International Paper Company
Kimberly Clark Corporation
Tetra Laval Group
Svenska Cellulosa Aktiebolaget
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