Paper Bottles Market Scope
The paper bottle is revolutionary technology advancement within the field of packaging, which will help in curbing plastic pollution in the future. Made up of natural products like bamboo, wheat straw, sugarcane, husks and bulrush it forms a biodegradable mixture. Thus, it's an eco-friendly product providing a possible solution and paradigm change to satisfy both client demand and eco-friendly packaging requirement for manufacturers. Paper bottles are a viable replacement for plastic bottles. The transformation from plastic to a composite alternative in packaging product like shampoo bottles, soap dispensers, home cleaners, medicine, air freshener sprays, etc. are seen in the nearby future.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Lyspackaging (France), Biopac India Corporation Ltd. (India), Paper Bottle Company (Denmark), BillerudKorsnas AB (Sweden), Ecologic Brands, Inc. (United States), Choose Packaging (United Kingdom), Ubuntoo (United States), Frugalpac (United Kingdom) and Just Water (New Zealand) |
CAGR | % |
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Paper Bottles market throughout the predicted period.
Lyspackaging (France), Biopac India Corporation Ltd. (India), Paper Bottle Company (Denmark), BillerudKorsnas AB (Sweden), Ecologic Brands, Inc. (United States), Choose Packaging (United Kingdom), Ubuntoo (United States), Frugalpac (United Kingdom) and Just Water (New Zealand) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Paper Water Bottle (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Paper Bottles market by Type , by Application (Paper water bottles, Alcoholic paper bottles, Non-alcoholic paper bottles and Personal care paper bottles) and Region with country level break-up.
On the basis of geography, the market of Paper Bottles has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In November 2023, The Paper Bottle Project announces a new partnership with The Ellen MacArthur Foundation, a leading advocate for a circular economy, to promote the adoption of paper bottles as a sustainable packaging solution. This partnership aims to raise awareness and address challenges related to the scalability and recyclability of paper bottles.
In June 2023, Absolut Vodka is launching a three-month pilot of a single-mold paper bottle in British supermarket chain Tesco. According to the brand, this is the first time these single-mold paper-based bottles will be sold commercially in-store by a global spirits company. The pilot follows Absolut’s previous limited-release paper bottle tests with lower alcohol-by-volume, ready-to-drink cocktails at festivals in the UK and Sweden.
Influencing Trend:
Product Packaging in Alcohol Industry is Also Shifting From Glass/Metal Packaging to Paper Packaging
Market Growth Drivers:
Rising Awareness among People Regarding Benefits of Paper Bottles, High Adoption due to Online Distribution Channel and Rising Popularity of Paper Bottles
Challenges:
Fluctuation in Raw Material Prices
Restraints:
High Cost of the Product, Less Weight Bearing Capacity and Availability of Substitute
Opportunities:
Untapped Market of Emerging Economies
Key Target Audience
Paper Bottles Manufacturers, Suppliers, and Distributors, Raw Material Supplier, New Entrants/Investors, Venture Capitalists and Private Equity Firms, End-Use Industries and Others