Research Nester published a report titled Paper BottlesMarket: Global Demand Analysis & Opportunity Outlook 2030which delivers detailed overview of theglobalpaper bottles market in terms of market segmentation by bottle type, raw materials, end-user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The globalpaper bottles market is anticipated to attain a ~7% CAGR of over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of end-user into food & beverages, personal care & cosmetics, pharmaceutical, and others. Among these, the personal care & cosmetics segment is anticipated to gain a significant market share over the forecast period, owing to the large requirement of containers for a variety of products including handwash, shampoo, soap, creams, moisturizer, and others. The use of paper instead of plastic bottles in this industry can have a huge positive impact on the environment.

The globalpaper bottles market is estimated to grow on the back of growing environmental awareness amongst the people and the biodegradable and compostable nature of paper bottles, which can reduce the negative impact on environment to a great extent. Plastics are the major cause of pollution in oceans, and it is feared that if the use of plastic continues at the present speed, by 2050 there will be more plastic in oceans than fishes. As per the UN Environmental Report, over 79% of the plastic bottles produced each year gets dumped in the ocean or landfills.

On the basis of geographical analysis, the global paper bottles market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the Asia Pacific is estimated to gain significant market share over the forecast period owing to the large consumer base of the region, along with growing environmental awareness amongst the people. The Yangtze River of China is the most polluted river in the world, carrying over 1,469,481 ton of plastic, as of 2018, according to the report by the UN Environment Program. The Indus River of India is considered second most polluted river in the report, with over 164,332 tons of plastic waste.

The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.

 

Growing Environmental Awareness Among People to boost the Market Growth

People are increasingly choosing paper and other biodegradable products over plastic, owing to the growing awareness regarding the adverse effects of using plastic. After the successful adoption of paper straws, paper cups, and cardboard cartons for packaging, the growing adoption of paper bottles for various applications, is estimated to boost the market growth.

However, higher production cost, low weight bearing capacity, and slower rate of adoption of paper bottles are expected to operate as key restraint to the growth of the global paper bottles market over the forecast period.

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

 

This report also provides the existing competitive scenario of some of the key players of the global paper bottles market which includes company profiling of Paper Water Bottle, Biopac India Corporation Ltd., Paper Bottle Company, BillerudKorsnäs AB, Frugalpac Limited, Ecologic Brands Inc., VEGANBOTTLE, JUST Goods, Inc., Choose Packaging, and LYSPACKAGING and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global paper bottles market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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