DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wgmp7t/paper_and) has announced the addition of the "Paper and Paperboard Container and Packaging Market in the APAC Region 2015-2019" report to their offering.
The analysts forecast the Paper and Paperboard Container and Packaging market in the APAC region to grow at a CAGR of 6.99 percent over the period 2014-2019.
The report, Paper and Paperboard Container and Packaging Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the market landscape of the Paper and Paperboard Container and Packaging market in the APAC region and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The vendors in the Global Paper and Paperboard Container and Packaging market are constantly upgrading their products and offering innovative products that can prevent contamination of food and beverages. In addition to providing convenience, packaging plays a major role in enticing customers to purchase the product.
One major trend upcoming in this market is the development of sustainable and environment-friendly packaging solutions because of advances in technology. Vendors develop advanced packaging designs and patterns to bolster product sales, as customers prefer to buy products that have good packaging designs.
According to the report, Growing demand from the organized retail sector is a key driver of the market. The number of supermarkets and retail outlets has been growing in recent years, especially in urban areas. An increasing number of consumers are purchasing grocery items, including frozen and chilled foods, from OR stores. These products are usually packed in paper or paperboard containers. In addition, growing environmental concerns among consumers is leading to increased demand for paper and paperboard packaging, as it is eco-friendly.
Further, the report states that fluctuation in the cost of raw materials is one of the major challenges in the market. The prices of raw materials used to manufacture paperboard products are volatile due to imbalances between demand and supply. The widening of the demand-supply gap in recent years has led to a substantial increase in the cost of raw materials. Prices of raw materials affect manufacturing costs and reduce profit margins for vendors.
- Graphic Packaging
- International Paper
Other Prominent Vendors
- ASG Worldwide
- Continental Packaging (Thailand)
- DS Smith
- Evergreen Packaging
- Georgia Pacific
- Green Packaging
- Hangzhou Lihe Digital Technology
- Mondi Group
- NTS Packaging
- Oji Holdings
- Rock-Tenn Company
For more information visit http://www.researchandmarkets.com/research/wgmp7t/paper_and