The Global Paper and Paperboard Packaging Market Size is valued at 213.47 billion in 2024 and is predicted to reach 347.35 billion by the year 2034 at a 5.1% CAGR during the forecast period for 2025-2034.
Paper and paperboard packing materials are made of pulp generated from wood and non-wood sources such as straw and bamboo. Wood pulp is commercially available and is increasingly produced through paper recycling. Paper and paperboard packaging are ideal for end-use industries due to their sustainable nature and the low cost of wood pulp.
The rise of the e-commerce industry has also aided in expanding the paper & paperboard packaging market. E-commerce enterprises commonly use corrugated packaging for secondary and tertiary packing due to its lightweight and inexpensive cost.
Furthermore, rising plastic material sustainability difficulties are prompting e-commerce enterprises to replace flexible plastic packaging with paper packaging, which is likely to boost growth in the paper & paperboard packaging market.
However, the environmental benefits of paper and paperboard packaging are opening up new prospects for industry expansion. Government regulations governing the use of packaging materials are the primary limitation on the paper and paperboard packaging market. Maintaining the quality of paper-based packaging products is posing a significant impediment to the market's growth.
The paper and paperboard packaging market is segmented on the basis of grade, type and application. Based on grade, the market is segmented as solid breached sulfate, coated unbleached kraft paperboard, folding boxboard, white lined chipboard, glassine & greaseproof paper, label paper, and others. By type, the market is segmented into corrugated boxes, box boards, and flexible paper. The application segment includes food, beverage, healthcare, personal & healthcare, and others.
The food category is expected to hold a major share of the global paper and paperboard packaging market in 2024. Paper and paperboard packaging goods are widely used for packaging food and beverages due to their low cost, lightweight, outstanding printability, sustainability, and non-reactive qualities. The worldwide packaged food sector has grown significantly in recent years due to increased disposable income and retail network expansion. As a result, the rising packaged food industry is predicted to favorably impact the demand for paper & paperboard packaging over the forecast period.
The flexible paper segment is projected to grow rapidly in the global paper and paperboard packaging market. Flexible paper bags are increasingly being used to replace single-use plastic bags. Furthermore, low cost and high printability contribute to the segment's largest share. Growing customer desire for such products due to a more hectic lifestyle is likely to boost the expansion of the flexible paper packaging market during the forecast period.
Asia Pacific's paper and paperboard packaging market is expected to register the highest market share in revenue in the near future. Factors like population expansion, rising middle-class populations, and increased retail network penetration all contribute to the steady growth of various end-use sectors, boosting market for paper and paperboard packaging in the region. Europe is likewise expected to grow at a rapid pace in the future years, and the European Union intends to phase out single-use plastic by 2023. Furthermore, when compared to other nations, European consumers have a far higher level of sustainability awareness. These reasons are mostly boosting market expansion in Europe.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 213.47 Bn |
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Revenue forecast in 2034 |
USD 347.35 Bn |
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Growth rate CAGR |
CAGR of 5.1% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Million, Volume (Ton), and CAGR from 2024 to 2031 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Grade, Type And Application |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; Japan; Brazil; Mexico; The UK; France; Italy; Spain; Japan; India; South Korea; Southeast Asia |
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Competitive Landscape |
Amcor Plc, DS Smith, International Paper, Mondi Group, Westrock Company, Cascades Inc., Clearwater Paper Corporation, ITC Limited, Metsa Group, and Packaging Corporation of America. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Paper & Paperboard Packaging Market Snapshot
Chapter 4. Global Paper & Paperboard Packaging Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn) & Volume (Ton)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Product Type:
5.2.1. Corrugated Box
5.2.2. Boxboard
5.2.3. Flexible Paper
Chapter 6. Market Segmentation 2: by Grade Estimates & Trend Analysis
6.1. by Grade & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn) & Volume (Ton)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Grade:
6.2.1. Solid Bleached Sulfate (SBS)
6.2.2. Coated unbleached kraft paperboard (CUK)
6.2.3. Folding boxboard (FBB)
6.2.4. White Lined Chipboard (WLC)
6.2.5. Glassine & Greaseproof Paper
6.2.6. Label Paper
6.2.7. Others
Chapter 7. Market Segmentation 3: by Application Estimates & Trend Analysis
7.1. by Application & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn) & Volume (Ton)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Application:
7.2.1. Food
7.2.2. Beverage
7.2.3. Healthcare
7.2.4. Personal & Homecare
7.2.5. Others
Chapter 8. Paper & Paperboard Packaging Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Product Type, 2021-2034
8.1.2. North America Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Grade, 2021-2034
8.1.3. North America Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Application, 2021-2034
8.1.4. North America Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by country, 2021-2034
8.2. Europe
8.2.1. Europe Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Product Type, 2021-2034
8.2.2. Europe Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Grade, 2021-2034
8.2.3. Europe Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Application, 2021-2034
8.2.4. Europe Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by country, 2021-2034
8.3. Asia Pacific
8.3.1. Asia Pacific Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Product Type, 2021-2034
8.3.2. Asia Pacific Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Grade, 2021-2034
8.3.3. Asia-Pacific Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Application, 2021-2034
8.3.4. Asia Pacific Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by country, 2021-2034
8.4. Latin America
8.4.1. Latin America Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Product Type, 2021-2034
8.4.2. Latin America Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Grade, 2021-2034
8.4.3. Latin America Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Application, 2021-2034
8.4.4. Latin America Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by country, 2021-2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Product Type, 2021-2034
8.5.2. Middle East & Africa Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Grade, 2021-2034
8.5.3. Middle East & Africa Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by Application, 2021-2034
8.5.4. Middle East & Africa Paper & Paperboard Packaging Market Revenue (US$ Million) & Volume (Ton) Estimates and Forecasts by country, 2021-2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Amcor Plc
9.2.2. Atlantic Packaging
9.2.3. Cascades Inc.
9.2.4. Clearwater Paper Corporation
9.2.5. DS Smith Plc.
9.2.6. Fedrigoni S.P.A.
9.2.7. Georgia-Pacific
9.2.8. International Paper Company
9.2.9. ITC Limited
9.2.10. Mayr-Melnhof Karton AG
9.2.11. Metsa Group
9.2.12. Mondi Group
9.2.13. Nippon Paper Industries Co. Ltd.
9.2.14. Oji Holdings Corporation
9.2.15. Packaging Corporation of America
9.2.16. Rengo Co., Ltd.
9.2.17. Shandong Bohui Paper Company Ltd.
9.2.18. Smurfit Kappa Group Plc.
9.2.19. Sonoco
9.2.20. South Africa Pulp and Paper Industries Ltd.
9.2.21. Stora enso Oyj
9.2.22. Svenska Cellulosa Aktibolaget
9.2.23. UPM
9.2.24. Westrock Company
9.2.25. Other Prominent Players
Paper and Paperboard Packaging Market By Grade-
Paper and Paperboard Packaging Market By Type-
Paper and Paperboard Packaging Market By Application-
Paper and Paperboard Packaging Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
