Paper Bottles Market Overview
The paper bottle is a subversive technology advancement in the field of packaging, which helps in controlling plastic pollution shortly. Paper bottles from natural sources like wheat straw, sugarcane, bamboo, and husks have resulted in the outcome into the formation of a biodegradable mixture. Moreover, it is a sustainable product catering an appropriate solution and paradigm shift to meet both consumer demand as well as sustainable packaging requirements for manufacturing companies.
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Paper bottles can be a possible substitute for plastic bottles when talking about sustainability and environmental pollution is the concern. Conversion from plastic to a complex substitute in packaging products like soap dispensers, shampoo bottles, medicine, air freshener sprays, home cleaners, etc. can be looked upon in the nearby future and hence, it is anticipated that the demand for paper bottles will uplift in the forecast period.
What are the Key Trends Impacting Growth of the Paper Bottles Market?
The global packaging industry has undergone notable changes in the past few decades, changing consumer viewpoints and inclination drives the direction of change of packaging solutions. The consumer awareness for sustainable packaging formats has uplifted over the years, products such as sustainable and biodegradable bottles are anticipated to witness a rise in demand and sales in the forecast period.
Additional to sustainability, product packaging in alcohol industry is also shifting from glass/metal packaging to paper packaging which will lift up the market growth.
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How Usage of Paper Bottles will improve the Sustainability Aspect of the Environment?
Employing the usage of paper bottles when compared to plastic bottles mark a great impact on the environment and the sustainability factor in terms of less landfilling and water pollution which is affecting the water life. Along with that, the emissions that are produced in the manufacturing of paper bottles are negligible as compared to the manufacturing of plastic bottles.
Paper bottles are biodegradable as it employs the use of the degradable material like paper which creates no solid residue pollution on the land, whereas in case of the plastic bottle it creates an enormous amount of air pollution along with water pollution. Paper bottles are an excellent combination of two major components, plant pulp and plant-based fibers which make the product attain high levels of sustainability, thereby addressing the concern.
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In what ways Paper Bottles can gain up their demand in the Packaging Market Positively When Compared to Plastic Bottles?
Paper Bottle being a sustainable packaging product is contrived from numerous raw materials, such as biodegradable pulp mixture of the husk, bamboo, wheat straw, pulp from sugar cane, and/or bulrush. Shape and size are completely customizable according to the consumer’s needs or the manufacturer’s needs.
The factors such as versatility available in different sizes, shapes and colors, sustainability- in terms of decomposition and recycling, and improvement in the quality of life will act as market drivers for the market thereby growing the market in the forecast period.
How Paper Bottles are evolving as a Future of Green Packaging?
Paper bottles serve numerous advantages and benefits in the terms of sustainability and environment conservation in terms of biodegradable, recyclable, decomposable, and many more which adds to the environment conservation thereby leading to the greener initiative towards the greener earth.
Green Packaging is fast gaining importance among different companies and sectors, like retail (e-commerce), beauty or cosmetic sector, healthcare sector, and FMCG (Fast Moving Consumer Goods) sector. While Green Packaging is a lot about protecting the environment it also considers the economic and social factors. Paper bottles serve the largest section in the concept of green packaging.
Increasing issues about environmental conservation and sustainability are leading to cause the shift in the consumer buying behavior with consumer mindset willing to pay extra for the environmentally friendly products, which then reinforces the need for companies to increase their commitments towards the product manufacturing and thereby leading to the uplifting of the market growth for the paper bottle market.
What are the Key Challenges that may hinder the growth of the Paper Bottle Market?
Paper bottles are the best alternative for plastic bottles which thereby has a positive impact on sustainability and towards the greener part of living. The recyclable properties of the paper as a packaging material are limited up to a maximum of seven times, as the fibers become too weakened and too shortened to make another product. This is mainly caused by the wear and tear which takes place during the recycling processes which in turn lowers the yield of the recycling. This recycling process can be extended and improved by improving the processes and using recycling-friendly printing inks and adhesives which may extend the life of the paper.
Competitive Landscape:
Key Players are
- LYSPACKAGING
- Biopac India Corporation Ltd.
- Paper Bottle Company
- BillerudKorsnas AB
- Ecologic Brands, Inc.
- Vegan Bottle
- Choose Packaging
- ubuntoo
- Frugalpac
- Just Water
- Paper Water Bottle
and some other players from across the globe.
What strategies are the Key Players adopting for Increasing their Market Share in the Paper Bottle Market?
The manufacturers involved in the production of the paper bottle are engulfed in making the best quality and different varieties of the bottles that will highlight the sustainability factor along with the customer satisfaction. Furthermore, the paper bottle market is expressively sighted new product launches in the market in order to enter and cater new markets.
- On 4th September 2020, The Absolut Company (TAC) conveyed that they will be rolling out 2,000 paper bottle prototypes as a unit of the Paper Bottle Company initiative. The prototype is made from 57% paper and 43% plastic, which is recyclable and itself made of 100% recycled material.
- From 5th August 2020, Johnnie Walker Scotch Whisky is available in a form of a paper-based bottle. The bottle is “100% plastic-free” and produced “completely from sustainably sourced wood,” according to Diageo, the multinational beverage alcohol company which owns the brand, Johnnie Walker.
- On 14th July 2020, PepsiCo joined the conference of global consumer goods companies, which also included Unilever, to further develop and scale the world’s first recyclable paper bottle, originally produced by Diageo and Pilot Lite.
- On 11thJune 2020, Coca-Cola disclosed a paper bottle prototype, partnership with, Danish startup Paboco to produce a 100% paper bottle.
- Prototype is made up of a paper shell with a 100% recycled plastic closure and liner inside. Coca-Cola Company’s Brussels-based R&D center assessed how the paper bottle performed, holding capacity and protection towards its contents while refrigerated and in other temperature conditions.
Why will the United States Generate Significant Demand for Paper Bottle Market?
The United States holds the largest segment in the paper bottle manufacturing market due to the abundance of natural and organic resources and also due to the technological advancements in the part of sustainability awareness.
The United States is facing the problem with the increase in plastic pollution which is increasing day by day on the higher limit, hence to counterfeit this they are taking initiatives to manufacture more products from natural or organic resources and to make negligible use of the synthetic resources like plastic.
Also, the key manufacturers like the Paper Water Bottle, The Paper Bottle Project, and many more are making a great impact on the manufacturing of the paper bottles and thereby its adaptability in the market.
How has COVID-19 impacted the Growth of the Paper Bottle Market?
The coronavirus (COVID-19) pandemic has caused widespread concern and economic hardship for the paper industry and thereby the manufacturers were facing tough times to acquire the raw material for the manufacturing of the paper water bottles. The reason being was new challenges and tough time due to the crisis, and forest, paper, and packaging producers are no exception with the negative impact on the supply chain management of the raw materials procured from the wholesalers and distributors.
The other reasons were mainly the economic and capital market conditions which negatively impacted the paper industry and thereby caused a slowdown in paper water bottle manufacturing.
Key Segments of Paper Bottle Market covered in the Report:
Based on the Material Type:
- Kraft Paper
- Recycled Paper
Based on the Capacity:
- 5ml-100ml (small)
- 100ml-500ml (medium)
- 500ml-1000ml (large)
- Others
Based on the End Use:
- Alcoholic Beverages
- Non-alcoholic Beverages
- Other End use
Based on the Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa