Paper Products Market Size [2023-2030] | Global Industry Share, Analysis & Forecast Report by Fortune Business Insights™

The global paper products market covered major segments By Product Type (Hygienic Products, Stationery Products, Packaging Products, Others), By Application (Household, Commercial), By Distribution Channel (E-commerce Stores, Offline Stores) And Regional Forecast, 2023-2030.

Pune, India, Oct. 31, 2023 (GLOBE NEWSWIRE) -- The global paper products market size will grow in the wake of rising demand for packaged products during the forecast period. Moreover, the penetration of sustainable products has become pronounced across emerging and advanced economies. Technological developments across commercial and household sectors will augur well for the business outlook. *Fortune Business Insights™* has delved into these insights in a research report, titled, “*Paper Products Market Size, Share, Growth and Forecast Report, 2023-2030*.”

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*Leading Players Featured in the Paper Products Market Research Report:*

· Kimberly-Clark Corporation (U.S.)
· Essity Aktiebolag (Sweden)
· Procter & Gamble (U.S.)
· Clearwater Paper Corporation (U.S.)
· Irving Consumer Products Limited (Canada)

*Report Scope & Segmentation:*

*Report Coverage* *Details*
Forecast Period 2023-2030
Historical Data 2019-2021
Base Year 2022
Report Coverage Revenue Forecast, Company Profiles, Competitive Landscape, Growth Factors and Latest Trends
Segments Covered · By Product Type
· By Application
· By Distribution Channel
· By Geography

Regions Covered · North America
· Europe
· Asia Pacific
· Latin America
· Middle East and Africa

Paper Products Market Growth Drivers The growing inclination towards sustainable products act as a driving factor for market growth
The rising cost of primary raw materials is acting as a hampering factor for the market growth.

*Browse Detailed Summary of Research Report:*

https://www.fortunebusinessinsights.com/paper-products-market-106150

*Report Coverage-*

The research report includes industry dynamics, such as opportunities, drivers, restraints and trends. The primary resources, including interviews, have been used to validate assumptions and findings. Primary interviews have helped offer insights into business scenarios. The report has been prepared through secondary research, including press releases, annual reports, white papers, and journals. Moreover, qualitative and quantitative analyses have been used to analyze the technology landscape and market revenues.

*Drivers and Restraints-* 

*Trend for Hygiene Products to Trigger Innovations*

As industries find ways to overcome challenges stemming from the COVID-19 outbreak, demand for hygiene products has become pronounced globally. Hygiene companies are diversifying their product offerings, emphasizing recycling strategies. Paper products market share could witness an upward trajectory with rising consumer awareness towards sustainability. Recycled packaging paper will gain ground to minimize waste and bolster customer relationship management. It is worth noting that personal care products, including baby diapers, feminine care and consumer tissue, along with kraft paper, have become trendier.

Meanwhile, fluctuating prices of paper and a low supply of recycled raw material could dent the growth prospect. Companies are likely to seek options for low-cost packaging to expand their penetration.

*Skyrocketing Demand for Toilet Paper Creates Supply Chain Disruptions*Although most industries grappled with the COVID-19 pandemic, the paper industry showed possible resilience. Exponential demand for personal hygiene products and food packaging products has encouraged stakeholders to expand their footfall across untapped areas. Prominently, consumers exhibited stellar demand for toilet papers, creating uncertainties and disruptions globally. So much so that the stockpiling of paper products became pronounced, leading to the demand-supply gap.

*Segments-*

*Packaging Products to Gain Footfall from Biodegradability Trends*

*By Product Type*

· Hygienic Products
· Stationery Products
· Packaging Products
· Others

*By Application*

· Household
· Commercial

*By Distribution Channel*

· E-commerce Stores
· Offline Stores

*By Geography*

· North America (U.S., Mexico, and Canada)
· Europe (Germany, Italy, Spain,  France, U.K., Russia, and Rest of Europe)
· Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
· South America (Brazil, Argentina, and Rest of South America)
· Middle East & Africa (South Africa, UAE, and Rest of ME&A)

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*Regional Insights*

*North America Market Well-Positioned with Buoyant Demand for Tissue Paper*

Growth expectations from North America will gain an uptick from the heightened demand for tissue paper across the U.S. and Canada. With governments and other stakeholders emphasizing the practice of good hygiene, hygienic paper products will also add a fillip to North America paper products market growth. Consumer packaging and tissue trends will mainly be spurred by demographic shifts and the demand for sustainability and convenience.

Asia Pacific market forecast will be strong against the backdrop of awareness about the downsides of plastic products. For instance, in January 2021, China implemented a plastic ban to prevent stores in major cities from providing plastic shopping bags and restaurants from providing single-use plastic straws. Moreover, burgeoning industrialization across China and India has triggered the demand for sustainability, boding well for paper product manufacturers and suppliers.

*Competitive Landscape:*

*Stakeholders Emphasize Product Offerings to Expand their Footprint*

In the competitive global market, well-established and emerging players are likely to inject funds into technological advancements, product rollouts, mergers & acquisitions, and geographical expansion. Leading players are well-poised to infuse funds into research and development activities to tap markets in the ensuing period.

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