Paper Bottles Market: by Bottle Type (Shampoo Bottles, Soap Dispenser, Air Freshener, Water Bottle, and Others); by Raw Material (Wheat Straws, Sugarcane, Bamboo, and Others); By End-User (Food & Beverages, Pharmaceutical, and Others), and Geography

Paper Bottles Market size was valued at USD 59,245.1 million in 2022 and is poised to grow at a significant CAGR of 5.9% from 2023-2029. The paper bottle is a disruptive technological innovation in the field of packaging that will aid in the management of plastic pollution in the future.Paper bottles made from natural sources such as wheat straw, sugarcane, bamboo, and husks resulted in the production of a biodegradable composite. The shampoo bottles segment anticipated to grow at significant CAGR over the forecast years owing to increased hair and skincare company Seed Phytonutrients is rejecting plastic in favor of completely recyclable paper-based bottles. This is a novel approach to decreasing plastic waste and safeguarding the environment from its harmful consequences. Conversion from plastic to a smart alternative in the packaging of items like as shampoo bottles, medication, air freshener sprays, and household cleaners is predicted to result in increased demand for paper bottles, driving revenue growth in the worldwide paper bottle market. Increase in demand in paper bottle packaging, owing to the improved protection to the product and availability of a variety of packaging formats. Other factors such as versatility and improved recyclability as compared to flexible packaging are also boosting the demand for paper bottle packaging from manufacturers.

Paper Bottles Market Key Developments:
In 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.