Transparency Market Research (TMR) provides key valuable insights into the paper bottles market in its published report, which incorporate global industry analysis, size, share, growth, opportunities, trends, and forecast for 2021-2029. In terms of revenue, the global market is anticipated to expand 1.6 times of current market value, by the end of 2029, considering to increasing demand for customized and sustainable packaging across several countries, about which TMR offers detailed insights and forecasts in the paper bottles market report.
Paper bottle is a type of sustainable product packaging that is used in the packaging of liquid products such as alcoholic and non-alcoholic beverages. The paper bottle not only provides sustainability but also enhances protection of the product, owing to the excellent durability with consideration of the multiple cardboard or paperboard layers.
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The matte property of the paper bottles results in enhanced ease & convenience in handling the bottles. Additionally, the matte surface of the paper bottles also improves the prints on the bottle to appear bold and darker, thereby making them attractive and eye-catchy in appearance. Paper bottles are made from different raw materials such as sugarcane bagasse, wheat straw, bulrush, etc., which consists majority of the fiber material for enhanced durability of the bottles.
The paper bottles are highly recyclable, biodegradable, and compostable, and cause negligible impact on the environment while releasing carbon emissions. Paper bottles are used in various industries such as beverages, personal care & cosmetics, homecare & toiletries, etc.
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Customization, Product Packaging Enhancing Demand for Paper Bottles
Paper bottles are available in different sizes, shapes, and colors according to a customer’s requirements. The paper bottle is matte in appearance, which helps in improving the prints on the bottle, thereby enhancing product characteristics by imparting an attractive look to the paper bottle. In addition, the customization available increases the multifaceted look of the paper bottle in terms of vibrancy of the colors and sharpness of the prints. On the other hand, the matte film also augments the handling properties of the product by giving a shady texture over the product. The matte texture, along with improved color vibrancy and enhanced sharpness of prints on the paper bottles is expected to drive demand for use in various applications such as alcoholic beverages, juices, lotions, shampoos, etc.
Therefore as per the TMR analysis, the demand for paper bottles is anticipated to fuel market growth from 2021 to 2029, owing to the increasing demand for bright colors and prints on the paper bottles.
Key Players Focus on Improving Recyclability, Sustainability of Paper Bottles
The manufacturers involved in the production of paper bottles are continuously engaging in R&D activities to improve the recyclability of paper bottles, owing to strengthening of fibers in raw materials, decreasing carbon footprint, and using less energy while manufacturing paper bottles. This is projected to result in less wastage and release of carbon emissions during manufacturing of paper bottles.
Moreover, global manufacturers of paper bottles are increasingly focusing on product advancement such as developing sustainable paper bottle caps, sustainable labels on paper bottles, etc. Furthermore, majority of the manufacturers are increasing recycling cycle of the paper bottles by increasing the strength of fiber content in raw materials through additional processing activities of paper bottles to provide long-lasting protection to the product, especially during transportation.
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Paper Bottles Market: Competition Landscape
The global paper bottles market is expected to witness tough competition among the well-established key players operating in the market. In addition, small entrants and local players in the paper bottles market are anticipated to create significant revenue, owing to the rising demand for customized packaging, which will boost paper bottles market.
Some of the key players operating in the global paper bottles market are Frugalpac, Paper Water Bottle, Kagzi Bottles, Just Water, Paper Bottle Company, PAPACKS Sales GmbH, LYS Packaging, Choose Packaging, Pulp Packaging International, Pulpex Ltd., Shruti Agro and 3Epack Group. TMR differentiated these players as Tier 1, Tier 2, and Tier 3 as per their segmental earnings. Among these players, Paper Bottle Company, Frugalpac, LYS Packaging, and 3Epack Group are identified as Tier 1 players. The Tier 2 players are Paper Water Bottle, PAPACKS Sales GmbH, and Kagzi Bottles. Tier 3 players are Choose Packaging, Pulp Packaging International, and Shruti Agro, among others.
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