Market Share of Paperboard Packaging Industry
The global paperboard packaging market is highly fragmented. The major players operating in the market are focusing on innovating new products and entering into strategic acquisitions to strengthen their market presence. Some of the major players operating in the market include Nippon Paper Industries Co. Ltd, Mondi, Metsa Board, WestRock Company, and ITC Limited, among others.
- April 2022: The Burgo Group has agreed to sell the Duino mill in Trieste (Italy) to Mondi plc for a total price of EUR 40 million (USD 40.815 million). The mill now runs a single paper machine that produces thin-coated mechanical paper. Mondi intends to invest around EUR 200 million (USD 204.076 million) in this paper machine's conversion to produce 420,000 tonnes of high-quality recycled containerboard annually. The containerboard machine will improve backward integration in Corrugated Packaging and give the company supply security to better cater to its clients.
- May 2022: The French businesses owned by International Paper (Société Normande de Carton Ondulé SA, SNCO, and Emballages Laurent SAS, located in Western France) will profit from investments totaling nearly EUR 23 million (USD 24.191 million) to expand their capacity for production in response to the expansion of the e-commerce industry and provide customers with even more environmentally friendly packaging options.
Paperboard Packaging Market Leaders
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Nippon Paper Industries Co., Ltd.
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Mondi Plc
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Metsa Board Oyj
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WestRock
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Oji Holdings Corporation
*Disclaimer: Major Players sorted in no particular order
