Global Paper Band Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

pre-formed self-sealing, cohesive self-sealing.

By Materials;

White Kraft and Brown Kraft.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn169630836 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Paper Band Market (USD Million), 2020 - 2030

In the year 2023, the Global Paper Band Market was valued at USD 6,480.92 million. The size of this market is expected to increase to USD 9,241.60 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.

The packaging industry, inclusive of the paper band segment, is witnessing notable growth fueled by various factors such as increasing consumer demand for sustainable and eco-friendly packaging solutions. With the current market value, the paper band market demonstrates significant potential for expansion. This growth trajectory is anticipated to persist into the foreseeable future, with demand expected to rise steadily. By the projected timeframe, the market is poised to reach a higher valuation, representing a sluggish compound annual growth rate. Despite the sluggish pace, this growth reflects sustained demand for paper bands, likely driven by their versatility, recyclability, and compatibility with the growing preference for environmentally conscious packaging solutions across diverse industries.

Contributing factors to this modest yet consistent growth include ongoing efforts by manufacturers to innovate and develop paper bands that align with evolving consumer preferences and regulatory standards. Furthermore, the increasing awareness among businesses and consumers regarding the environmental impact of packaging materials is propelling the adoption of paper bands as a more sustainable alternative to traditional plastics. The versatility of paper bands in catering to diverse packaging needs across various sectors such as food and beverage, healthcare, and e-commerce further reinforces their demand. Overall, while the growth rate may be modest, the paper band market is primed for steady expansion in the upcoming years, driven by sustainability concerns and the continual pursuit of eco-friendly packaging solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Materials
    3. Market Snapshot, By Region
  4. Global Paper Band Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Sustainability Drive
        2. Retail Expansion
        3. Branding Opportunities
      2. Restraints
        1. Material Costs
        2. Recycling Issues
        3. Weight Limitations
      3. Opportunities
        1. Sustainability Trend
        2. Branding Potential
        3. Regulatory Compliance
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Paper Band Market, By Product Type, 2022 - 2032 (USD Million)
      1. pre-formed self-sealing
      2. cohesive self-sealing
    2. Global Paper Band Market, By Materials, 2022 - 2032 (USD Million)
      1. White Kraft
      2. Brown Kraft.
    3. Global Paper Band Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Extra Packaging Corporation
      2. SANDAR Industries Inc.
      3. Bandall
      4. Cohesion Paper Products LLC
      5. Graphic Arts Equipment
      6. Brown & Pratt, Inc.
      7. American Printpack
      8. Economy Tablet & Paper
  7. Analyst Views
  8. Future Outlook of the Market

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