The Global Converted Paper Market size is projected to grow at a CAGR of 3.5% during the forecast period (2021-2028). The growth in demand for paper products such as corrugated boxes and bags is expected to be key drivers of this market over the next eight years. Increasing population coupled with growing disposable incomes will lead to an increase in consumption.
Converted Paper is a material that has been recycled and reprocessed. It can be made from various types of papers such as newspapers, magazines, office waste, or scrap paper; it may also contain plastic film, textiles, or other materials. It usually comes in the form of sheets or rolls which are then cut into squares for printing purposes. The process starts with sorting by hand to remove contaminants like glass pieces before they go through an automated washer machine where water pressure breaks down fibers on heavier grades.
There are a number of different conversion processes that can be used for recycled paper. The most common one is called “cooking” which involves mixing, heating, and pressing to remove water; it also removes ink from pulp fibers so printing inks will adhere better. Other types use an acid bath or a chemical process before putting through heated rollers to dry out excess moisture content with chemicals like sodium hypochlorite (bleach) or hydrogen peroxide at high temperatures.
On the basis of Type, the market is segmented into Paperboard and Corrugated Boxes, Paper Bags, Sanitary Paper Products.
Paperboard is a type of paper that can be used for packaging, construction, and other applications. It is made from wood pulp which gives it strength and durability some cardboard cannot provide. Paperboard has many advantages over cardboard, such as being water-resistant so the contents are safe during inclement weather or when exposed to liquids like coffee or juice.
Corrugated boxes are often called "cardboard" but they consist of a number of layers including corrugated boards with one side flattened out into fluting and another sidelined with decorative paper (or occasionally both sides). The top layer serves mainly to protect more delicate items in transport while giving them an attractive appearance; on occasion, this outer board may also have perforations resembling honey.
Paper bags are paper-made packages that have a round or flat bottom. Paper bags can also be made by folding the top of an oversize piece of paper and taping it shut, which is called bagging. They offer cost advantages when compared to plastic packaging because they are relatively low in price for what you get. The fact that there’s no machinery involved with their production means more people will find them easy to make on their own. As far as weaknesses go, these types of packaging tend not to protect products during shipping as well as other kinds of containers do, they break open easily once dropped, so all contents spill out onto the ground below if they don't blow up first from air pressure.
Sanitary paper products are a range of hygiene and personal care tissue products. These include toilet paper, wipes, facial tissues, and other wet wipes for use on the face or body. They can be made from various materials including pulp (wood), recycled fiber, or hydrolyzed cellulose in some cases. In North America, sanitary papers have generally been considered similar to 'toiletries' rather than as regular household goods which is more common outside North America. Sanitary towels were introduced in Japan by Kotex in 1931, but took many years to become popular with women there due to social taboos against menstruation; they became popular following World War II.
On the basis of Application, the market is segmented into Manufacturing, Retail, and E-Commerce, Industrial, Logistics. The e-commerce segment is the most significant contributor to the global market. The retail and e-commerce segment accounted for a share of almost 40% in 2017, with its revenue projected to grow significantly.
The automotive industry is another key destination for converted paper products, as it accounts for more than 25% of worldwide demand. Converted paper goods such as disposable cups are used as substitute materials in car production due to their low cost compared with metal or glass. In terms of geography, North America was the largest regional market globally during 2017, accounting for over one-third (37%) of total volume consumption.
On the basis of Region, the market is segmented ed into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Europe is predicted to be the fastest-growing region in terms of revenue from 2021–2028. The continent’s reindustrialization process has led to an increase in demand for manufactured goods such as paper products that are used by manufacturing facilities.
The market in Latin America witnessed an accelerated growth rate due to increasing economic growth and demand from both industrial and nonindustrial segments such as retail, healthcare sector, etc. The Asia Pacific region recorded a significant increase in consumption owing to its burgeoning middle-class population that has boosted the level of disposable income; this has subsequently led to increased demand for paper products across various industries including packaging & stationery, food & beverage industry, etc.
Up Market Research published a new report titled “Converted Paper Market research report which is segmented by Types (Paperboard and Corrugated Boxes, Paper Bags, Stationery, Sanitary Paper Products, Others), By Applications (Manufacturing, Retail and E-Commerce, Industrial, Logistics, Chemical, Food and Beverages, Others), By Players/Companies Georgia-Pacific, International Paper, Kimberly Clark, Tetra Laval, Svenska Cellulosa Aktiebolaget”.
|Report Attributes||Report Details|
|Report Title||Converted Paper Market Research Report|
|By Type||Paperboard and Corrugated Boxes, Paper Bags, Stationery, Sanitary Paper Products, Others|
|By Application||Manufacturing, Retail and E-Commerce, Industrial, Logistics, Chemical, Food and Beverages, Others|
|By Companies||Georgia-Pacific, International Paper, Kimberly Clark, Tetra Laval, Svenska Cellulosa Aktiebolaget|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||230|
|Number of Tables & Figures||161|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Paperboard and Corrugated Boxes, Paper Bags, Stationery, Sanitary Paper Products, Others and By Application Manufacturing, Retail and E-Commerce, Industrial, Logistics, Chemical, Food and Beverages, Others.
Some of the companies that are profiled in this report are:
Converted Paper Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Converted Paper Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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