The expansion of the paper and paperboard packaging sector is fueled by the continued growth of online shopping, which is made possible by quicker delivery, stronger return policies, and free shipping!
In 2020, the global paper and paperboard packaging market reached a value of US$ 215.34 billion, and by 2030, is anticipated to reach US$ 298.3 billion. So the market for paper and paperboard packaging is expanding significantly and will continue to do so for some time.
Paper tubes for packaging are proven eco-friendly. As environmental awareness and concerns grow, more people are choosing eco-friendly packaging options, which has an effect on the paper and paperboard industry. The ease with which paper and paperboard packaging are recycled is one of their main advantages, and it’s anticipated that this quality will increase demand in the years to come.