Bangladesh Packaging Paper Market report comprehensively covers the market by types, by end users in addition to Global packaging paper market by types and by region. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/ high growth areas, market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Bangladesh packaging paper market witnessed a significant fall in market size in 2020 on account of the spread of Covid-19. Further, lockdown imposed by the government lead to plunge in domestic demand forcing some paper mills to stop operations while others forced to operate at approximately 30% of their capacity. However, according to industry experts demand in the overall paper industry has been recorded only from the packaging paper segment, hence the packaging paper market is expected to record a healthy growth in near future.
According to the publisher, the Bangladesh Packaging Paper Market revenue size is projected to grow at a CAGR of 5.2% during 2021-27F. The primary reason for growth in the Bangladesh packaging paper industry can be attributed to the e-commerce industry boosted by rapid urbanization and rising population. Bangladesh paper packaging market is expected to witness a healthy growth in the coming years on account of the rising consumer awareness about sustainable and environmentally friendly packaging options coupled with government initiatives such as National Sustainable Development Strategy (2010-2021) to ensure sustainable economic growth and environment protection.
In Bangladesh packaging paper market, on the basis of product types, kraft liner acquired majority of the revenue share. This is on the account of their multipurpose utility in several industries such as food & beverage, tobacco, garment segment under industrial packaging and others. On the basis of end user, industrial packaging garnered the majority of the market revenue share during the year 2020 and is expected to dominate the market over the coming years as well on account of the rapid expansion of garment industry in the country. In global packaging paper market, Asia Pacific acquired majority of the revenue share in 2020 and the same is expected to continue during the forecast period, as India and China are expected to have the largest share in the market on account of strong growth in industrial output and consumer product markets.
In terms of types, kraft paper and flute medium paper cumulatively have captured 70% of the market revenues in 2020, with kraft packaging paper leading the market. Kraft packaging paper have garnered the majority share in the Bangladesh packaging paper market in terms of revenue and volume on account of the lower price and wide areas of application.
In Bangladesh packaging paper market, the industrial packaging segment, by end user occupied the majority share of the market revenues accounting for more than 30% of the market revenues by end user in 2020. The results have been primarily on account of booming garment industry under industrial packaging in Bangladesh. Moreover, the growing popularity of e-commerce websites among millennials is likely to drive a significant growth in the online shopping along with packaging paper to cater to the demand.
Bangladesh Packaging Paper Market Synopsis
The Bangladesh packaging paper market witnessed a significant fall in market size in 2020 on account of the spread of Covid-19. Further, lockdown imposed by the government lead to plunge in domestic demand forcing some paper mills to stop operations while others forced to operate at approximately 30% of their capacity. However, according to industry experts demand in the overall paper industry has been recorded only from the packaging paper segment, hence the packaging paper market is expected to record a healthy growth in near future.
According to the publisher, the Bangladesh Packaging Paper Market revenue size is projected to grow at a CAGR of 5.2% during 2021-27F. The primary reason for growth in the Bangladesh packaging paper industry can be attributed to the e-commerce industry boosted by rapid urbanization and rising population. Bangladesh paper packaging market is expected to witness a healthy growth in the coming years on account of the rising consumer awareness about sustainable and environmentally friendly packaging options coupled with government initiatives such as National Sustainable Development Strategy (2010-2021) to ensure sustainable economic growth and environment protection.
In Bangladesh packaging paper market, on the basis of product types, kraft liner acquired majority of the revenue share. This is on the account of their multipurpose utility in several industries such as food & beverage, tobacco, garment segment under industrial packaging and others. On the basis of end user, industrial packaging garnered the majority of the market revenue share during the year 2020 and is expected to dominate the market over the coming years as well on account of the rapid expansion of garment industry in the country. In global packaging paper market, Asia Pacific acquired majority of the revenue share in 2020 and the same is expected to continue during the forecast period, as India and China are expected to have the largest share in the market on account of strong growth in industrial output and consumer product markets.
Market by Types Analysis
In terms of types, kraft paper and flute medium paper cumulatively have captured 70% of the market revenues in 2020, with kraft packaging paper leading the market. Kraft packaging paper have garnered the majority share in the Bangladesh packaging paper market in terms of revenue and volume on account of the lower price and wide areas of application.
Market by Distribution Channel Analysis
In Bangladesh packaging paper market, the industrial packaging segment, by end user occupied the majority share of the market revenues accounting for more than 30% of the market revenues by end user in 2020. The results have been primarily on account of booming garment industry under industrial packaging in Bangladesh. Moreover, the growing popularity of e-commerce websites among millennials is likely to drive a significant growth in the online shopping along with packaging paper to cater to the demand.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Bangladesh packaging paper Market Overview
- Bangladesh packaging paper Market Outlook
- Bangladesh packaging paper Market Forecast
- Historical Data and Forecast of Bangladesh packaging paper Market Revenues & Volume for the Period 2017-2027F
- Historical Data and Forecast of Revenues & Volume, By Types, for the Period 2017-2027F
- Historical Data and Forecast of Revenues, By End Users, for the Period 2017-2027F
- Market Drivers
- Market Restraints
- Bangladesh packaging paper Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Bangladesh packaging paper Market Player’s Revenue Shares
- Market Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
- Market Scope and Segmentation
The report provides a detailed analysis of the Bangladesh market segments:
By Types
- Kraft Liner
- Flute Medium
- Test Liner
- White Top Liner
By End Users
- Food & Beverage
- Tobacco
- Personal & Home Care
- Healthcare
- Electrical Products
- Industrial Packaging
- Others
Table of Contents
1. Executive Summary5. Covid-19 Impact Analysis on Bangladesh Packaging Paper Market7. Bangladesh Packaging Paper Market Trends10. Bangladesh Packaging Paper Market - Key Domestic Manufacturer Analysis11. Bangladesh Packaging Paper Market - Domestic Production Analysis12. Bangladesh Packaging Paper Market - Import Data Statistics13. Bangladesh Packaging Paper Market - Key Distributors Analysis14. Bangladesh Packaging Paper Market Share Analysis in Overall Paper Market15. Bangladesh Packaging Paper Market - Key Performance Indicators19. Key Strategic Recommendations20. Disclaimer
2. Introduction
3. Global Packaging Paper Market Overview
4. Bangladesh Packaging Paper Market Overview
6. Bangladesh Packaging Paper Market Dynamics
8. Bangladesh Packaging Paper Market Overview, By Types
9. Bangladesh Packaging Paper Market Overview, By End Users
16. Bangladesh Packaging Paper Market - Opportunity Assessment
17. Bangladesh Packaging Paper Market Competitive Landscape
18. Company Profiles
List of Figures
List of Tables
Companies Mentioned
- Bashundhara Paper Mills Limited
- Hakkani Pulp & Paper Mills Limited
- Younus Group
- Meghna Group of Industries
- Magura Group Limited
- Habib Group Limited
- MAQ Paper Industries Limited
- S.A. Group of Industries
- Hasan Group
