Paper Bottles Market size was valued at USD 68.2 million in 2023 and is projected to exceed USD 135.12 million by 2036, expanding at over 5.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of paper bottles is evaluated at USD 71.15 million. The growth of the market can be attributed to the growing environmental awareness amongst the masses regarding the demerits of using plastic bottles. Plastics is a non-biodegradable material, which is primarily responsible for polluting the oceans. According to the UN Environment report, 1 million plastic drinking bottles are purchased every minute, most of which end up in landfills and oceans. Only 9% of all plastic waste gets recycled, while over 79% gets dumped in water bodies or open garbage dumps. Paper bottles offer a green alternative to plastic bottles, as they are biodegradable, and do not harm the environment. This is estimated to act as a major growth driver for the paper bottles market. Further, government initiatives to limit use of single-use plastics, such as setting up plastic waste management system, is expected to promote the use of plastic bottles on a mass scale. The use of paper cups, straws and bags has gained significant acceptance in the recent years, and paper bottles are expected to follow the same trend.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
5.4% |
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Base Year Market Size (2023) |
USD 68.2 million |
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Forecast Year Market Size (2036) |
USD 135.12 million |
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Regional Scope |
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The market is segmented by bottle type into shampoo bottles, soap dispenser, air freshener, water bottle, and others, out of which, the water bottles segment is anticipated to witness notable growth in the global paper bottles market over the forecast period on account of increasing adoption of paper bottles, along with the R&D activities to offer plausible alternative to plastic water bottles. Yearly, over 80 billion water bottles are produced, out of which 75% are never reused or recycled, and end up in landfills. Plastic water bottles create a major share of all plastic waste, which is why, this segment is expected to attain growth in the upcoming years.
Our in-depth analysis of the global paper bottles market includes the following segments
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By Bottle Type
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By Raw Material |
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By End-User
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APAC Market Statistics
On the basis of geographical analysis, the global paper bottles market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of rising government initiatives to reduce pollution, and promote the adoption of eco-friendly products. Moreover, APAC region is a major consumer of manufactured goods, owing to the high population in the region, which can generate massive growth opportunities for the market in the region. The most polluted rivers of the world- Yangtze River, Indus, and Huang He, all are in the APAC region. According to a report by the UN Environmental Program, the Yangtze River contained 1,469,481 tons of plastic, while Indus had 164,332 tons of plastic waste in 2018.
North America Market Analysis
On the other hand, the paper bottles market in the North America region is anticipated to gain a substantial share in the market during the forecast period, on account of high public awareness regarding the conservation of environment, along with large number of NGOs working towards creating awareness in this direction. Along with this, the presence of major manufacturers of paper bottles is also estimated to boost the market growth.
June, 2021: BillerudKorsnäs launched its new range of paper packaging SWAPP for the food & beverage industry. BillerudKorsnäs aims to promote sustainable packaging with a transition from plastic to paper.
Author Credits: Abhishek Anil
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