How big is the Carton Board Market?

The Carton Board Market size is expected to reach USD 71.93 billion in 2024 and grow at a CAGR of 6.47% to reach USD 98.41 billion by 2029. Read More

What is the current Carton Board Market size?

In 2024, the Carton Board Market size is expected to reach USD 71.93 billion. Read More

Which is the fastest growing region in Carton Board Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Carton Board Market?

In 2024, the North America accounts for the largest market share in Carton Board Market. Read More

What years does this Carton Board Market cover, and what was the market size in 2023?

In 2023, the Carton Board Market size was estimated at USD 67.28 billion. The report covers the Carton Board Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Carton Board Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Carton Board Market Analysis | Industry Report, Size & Forecast

Carton Board Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Carton Board Market Report is Segmented by Grade (Solid Bleached Sulfate, Solid Unbleached Sulfate, Folding Boxboard, White-Lined Chipboard, Liquid Packaging Board, Food Service Board, and Other Grades), End-User Industry (Beverage, Food, Pharmaceutical and Healthcare, Cosmetics and Toiletries, Tobacco, and Other End-User Industries), and Geography (North America (United States and Canada), Europe (the United Kingdom, Germany, Italy, France, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia and New Zealand, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and the Rest of Latin America), and the Middle East and Africa (United Arab Emirates, Saudi Arabia, South Africa, Egypt, and the Rest of the Middle East and Africa)). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Carton Board Industry Overview

The carton board market is fragmented. Key players include Asia Pulp & Paper Group (APP), Mayr-Melnhof Karton AG (MM Group), Nine Dragons Paper Holdings Limited, Westrock Company, and Graphic Packaging Holding Company. These companies employ strategic maneuvers like partnerships and acquisitions to fortify their product portfolios and secure a lasting competitive edge.

September 2023: Smurfit WestRock emerged as a sustainability-focused global force following the merger of Smurfit Kappa and WestRock. This consolidation aimed to synergize its paper-based packaging businesses, capitalizing on its complementary strengths to establish a formidable presence in sustainable packaging on a global scale.
April 2023: Mayr-Melnhof Karton AG (MM Group) greenlit a comprehensive investment initiative designed to fortify Poland's major cardboard and paper mill. Valued at approximately EUR 660 million (USD 721.6 million), this three-part plan entails measures to curtail energy and CO2 expenses, integrate pulp resources, and penetrate the sack kraft paper market. These strategic moves were geared toward positioning the plant for sustained long-term viability and environmental sustainability.