The global paper products
manufacturing market, a part of the paper, plastics, rubber, wood and textile
manufacturing industry, grew at a compound annual growth rate (CAGR) of around
2% during the historic period. The paper, plastics, rubber, wood and textile
manufacturing industry showed a steady growth. The growth is mainly due to the
increase in demand for solid fiber box and corrugated paper box from the food
and beverage, retail industries as well as the print industry.
In the forecast period, the global
paper products manufacturing market size is expected to be over $1 trillion by
2021, growing at a CAGR of nearly 3%. This is expected due to the rising demand
for paper board and corrugated paper used in packaging by retail and e-commerce
industries. Furthermore, rising population, increase in dispensable income, and
increasing per capita incomes are expected to drive the global paper products
manufacturing market in the future.
Find TBRC’s report on the paper products manufacturing
market: https://www.thebusinessresearchcompany.com/report/paper-products-manufacturing-global-market-report-2018
The paper industry has been
shifting from labor intensive manufacturing processes to automated production
facilities. Automation has enabled textile manufacturing companies to enhance
productivity and reduce production costs. These technologies are also saving
energy costs.
Major companies in the paper
products manufacturing market, offering automated technology include Georgia-Pacific
Corporation, International Paper, Kimberly Clark Corporation, Tetra Laval
Group, Svenska Cellulosa Aktiebolaget
Download a sample report: https://www.thebusinessresearchcompany.com/sample.aspx?id=63&type=smp
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