Paper Bottles Market Share

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.