Global Paper Sleeves Market Expected to Reach USD 2.6 Billion by 2034 Amidst Growing Demand in the Food and Beverage Industry | Future Market Insights, Inc.
Paper Sleeve Market is advancing sustainability by offering eco-friendly, customizable packaging solutions, helping brands stand out while minimizing environmental impact.
NEWARK, Del, Aug. 29, 2024 (GLOBE NEWSWIRE) — The
Emerging E-commerce Industry in Europe Propelling Demand
The growing e-commerce industry and rising technological advancement in the packaging industry will increase the demand for better protective packaging for sensitive products such as products that are made up of glass, crockery, electrical products, phone and laptop screens, and spectacles. Paper sleeves offers various potential advantages such as recyclability, degradability in soil, and sustainability. It also offers features that help in minimizing wastage as well as environmental effects. Thanks to these characteristics, e-commerce companies globe are gradually shifting towards paper sleeves for packaging their products, thereby positively influencing the market development. Adoption of paper sleeves by companies for packaging products will decrease their operation cost due to the recyclable and reusable nature and reduce the risk of breaking items.
Key Players of the Paper Sleeve Industry
- Mondi plc
- International Paper Company
- the Royal NNZ Group bv
- WestRock Company
- Smurfit Kappa Group
- PakFactory
- Gilchrist Bag Manufacturing LLC
- VERTPAC
- Greenerprinter
- Packman Packaging
- Viessta Papers
- Panmer Ltd.
- A-ROO Company
- Vulcan Information Packaging (NAPCO)
- ALYA PACKAGING
- Suzhou Accum Packaging Co., Ltd.
- McNairn Packaging
- Blue Lake Paper Products
- Information Packaging
- Maxpack
- ORPA Papír a.s.
- Zhejiang Pando EP Technology Co., Ltd.
- Trident Paper Box Industries
- Branded Paper Cup
To Gain In-Depth Insights on Market, Browse Complete Report: https://www.futuremarketinsights.com/reports/paper-sleeve-market
Key Segments of the Paper Sleeve Industry
By Material:
Paper sleeve industry is divided into kraft paper, corrugated paper, recycled paper, specialty paper, and others.
By Functionality:
Paper sleeve industry is segregated into protective sleeves, decorative sleeves, and informative sleeves.
By Distribution Channel:
The industry is classified by direct sales, and indirect sales.
By End Use:
The industry is classified by end use as food and beverage, retail and e-commerce, healthcare and pharmaceuticals, electronics & electrical, personal care and cosmetics, and others (industrial, promotional, etc.).
By Region:
Key countries of North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East and Africa (MEA), have been covered in the report.
Authored by:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Have a Look at Trending Research Reports on Packaging Domain:
The can sleeves market size is anticipated to reach a value of USD 2,228.9 million by 2034. Sales are projected to rise at a CAGR of 3.5% over the forecast period between 2024 and 2034.
The plastic sleeve market demand is likely to surpass USD 15.4 billion, exhibiting a CAGR of 3.8% during the 2024 to 2034.
The disposable barrier sleeves market share is expected to surpass US$ 27 Bn by 2032. The sales of disposable barrier sleeves are likely to grow at an average CAGR of 5.5% during the forecast period.
The shrink sleeve labels market growth is likely to record a CAGR of 6% through 2032. The shrink sleeve labels market is likely to be valued at US$ 28.47 Billion by 2032.
The global collapsible sleeve containers market is set for significant expansion, with an anticipated valuation of US$ 7,200 by the year 2033. This market displays a robust trend, featuring a noteworthy CAGR of 4.36%, which is expected to endure until 2033.
The global shrink sleeve label applicator market size is estimated to reach US$ 1,949.6 million by 2033, expanding at a CAGR of 5.3%.
Stretch sleeve label market analysis has shown a notion of advancement, with a CAGR of 3.10% predicted from 2024 to 2034 with valuation is projected to be spurred on to US$ 3.6 billion by 2034.
The global sales of rigid sleeve boxes is anticipated to reach a value of USD 2,907.4 million by 2034. Sales revenue of rigid sleeve boxes industry is projected to rise at a CAGR of 3.3% over the forecast period between 2024 and 2034.
The paper bag market size is anticipated to reach a valuation of US$ 8.7 billion by 2034, progressing at a CAGR of 4.3% from 2024 to 2034.
The kraft pouch market share is estimated to reach USD 2.4 billion in 2034 and is set to exhibit a CAGR of 4.3% in the forecast period from 2024 to 2034.
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