How big is the Global Paper and Paperboard Packaging Market?

The Global Paper and Paperboard Packaging Market size is expected to reach USD 398.65 billion in 2024 and grow at a CAGR of 4.68% to reach USD 501.08 billion by 2029. Read More

What is the current Global Paper and Paperboard Packaging Market size?

In 2024, the Global Paper and Paperboard Packaging Market size is expected to reach USD 398.65 billion. Read More

Who are the key players in Global Paper and Paperboard Packaging Market?

International Paper Company , Eastern Pak Limited , Mondi Group, Smurfit Kappa Group and DS Smith PLC are the major companies operating in the Global Paper and Paperboard Packaging Market. Read More

Which is the fastest growing region in Global Paper and Paperboard Packaging 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 Global Paper and Paperboard Packaging Market?

In 2024, the Asia-Pacific accounts for the largest market share in Global Paper and Paperboard Packaging Market. Read More

What years does this Global Paper and Paperboard Packaging Market cover, and what was the market size in 2023?

In 2023, the Global Paper and Paperboard Packaging Market size was estimated at USD 380.83 billion. The report covers the Global Paper and Paperboard Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Paper and Paperboard Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Global Paper and Paperboard Packaging Market Share

Statistics for the 2023 & 2024 Global Paper and Paperboard Packaging market share, created by Mordor Intelligence™ Industry Reports. Global Paper and Paperboard Packaging share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Global Paper and Paperboard Packaging Industry

The global market for paperboard packaging is quite fragmented. Nippon Paper Industries Co. Ltd, Mondi, METS BOARD, WestRock Company, and ITC Limited are among the major companies. The corporations continue to innovate and form strategic partnerships to maintain their market share.

In December 2022, in collaboration with FRESH!PACKING, Mondi created a cutting-edge cooler bag for consumers to transport frozen or chilled foods. While boosting cooling protection by up to 2.5 times, the Fresh!Bag's exterior layer is entirely made of sturdy kraft paper from Mondi, replacing the multi-material, non-recyclable packaging that was previously utilized. The cooling portion of the bag is made from pulp. It is enclosed in kraft paper from Mondi, which is certified as completely recyclable in Europe's current paper waste streams. Due to the paper's high stretchability, stitching the many plies together to form a sturdy bag structure was made simple.

In September 2022, Smurfit Kappa disclosed that it had agreed to buy PaperBox, a packaging facility in Saquarema, 70 kilometers east of Rio de Janeiro. Since it already operates in Minas Gerais, Rio Grande do Sul, and Ceará, this acquisition considerably widened Smurfit Kappa's operational base in Brazil.