Press release
Global Outlook on Paperboard Packaging Market: Key Drivers, Growth Projections, CAGR Evaluations, and Future Trends
Paperboard Packaging Market Size
What Is The Projected Market Size Of The Global Paperboard Packaging Market And Its Growth Rate?
The global paperboard packaging market has evidenced strong growth and is further projected to maintain the momentum. Here are some key statistics:
• In 2024, the market recorded $213.03 billion which grew to $223.77 billion in 2025, yielding a compound annual growth rate (CAGR) of 5.0%.
• Growth factors included demand for sustainable packaging, shift from plastic to paperboard, eco-friendly packaging preference, regulatory developments, and cost efficiency of paperboard.
• Market size for the next few years portrays strong growth, where it is expected to increase to $302.5 billion in 2029, growing at a CAGR of 7.8%.
• Enhancing factors include the rise in convenience packaging, product protection demands, health and safety concerns, customization, branding, and cost efficiency.
What Is Driving The Growth In The Paperboard Packaging Market?
The anticipated rise in the consumption of packaged food fuelings the growth of the paperboard packaging market. The demand for paperboard packaging in the food industry is driven by the need to prevent direct contact with the environment. For instance, in a Zawya report in September 2022, the expected surge in demand for packaged food is forecasted to grow by a notable 21%, reaching 44 million tons by 2026. With specific regions like Iraq, Saudi Arabia, and the UAE expected to experience substantial growth, the future of the paperboard market looks promising.
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Who Are the Key Players Driving Paperboard Packaging Market Growth?
Key players in the global paperboard packaging market include:
• WestRock Company
• The International Paper Company
• Smurfit Kappa Group plc
• Georgia Pacific LLC
• Amcor Ltd.
• Oji Holdings Corporation
• Stora Enso Oyj
• DS Smith plc
• Mondi plc
• Graphic Packaging International LLC
• Packaging Corporation of America
What Are The Key Trends In The Paperboard Packaging Market?
Key trends within the forecast period include:
• Eco-friendly packaging demand
• Brand commitment to sustainability
• Innovations in design and printing
• Customization and versatility
• Demand from retail sector
What Are The Segments Of The Global Paperboard Packaging Market?
The global paperboard packaging market is segmented as follows:
• By Type: Corrugated Box, Boxboard, Flexible Paper
• By Grade: Solid Bleached Sulfate (SBS), Coated unbleached kraft paperboard (CUK), White Lined Chipboard (WLC), Glassine & Greaseproof Paper, Label Paper, Other Grades
• By Raw Material: Fresh source, Recycled waste paper
• By End-User Industry: Food, Beverage, Healthcare, Personal Care, Household Care, Electrical Products, Other End-User Industries
Which Region Leads The Paperboard Packaging Market?
Asia-Pacific led the global paperboard packaging market in 2024. However, North America is expected to register the fastest growth in the forecast period. The report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Paperboard Packaging Market Global Market Report?
- Market Size Analysis: Analyze the Paperboard Packaging Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Paperboard Packaging Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Paperboard Packaging Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Paperboard Packaging Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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