Paper and Paperboard Packaging Market Thrives as Industries Embrace Biodegradable and Recyclable Materials

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Paper and Paperboard Packaging Market Size, Share & Trends Analysis Report By Grade (Solid Breached Sulfate, Coated Unbleached Kraft Paperboard, Folding Boxboard, White Lined Chipboard, Glassine & Greaseproof Paper, Label Paper), Type (Corrugated Box, Boxboard, Flexible Paper) Application (Food, Beverage, Healthcare, Personal & Homecare)- Market Outlook And Industry Analysis 2034"

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.

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Paper and paperboard packaging has become an integral component in the packaging industry, extending its application across a wide array of product categories, including smaller-scale uses. The manufacturing process for paper-based packaging is relatively straightforward and requires comparatively low capital investment, making it accessible for various market participants. This packaging format effectively serves as an outer protective layer, facilitating the safe storage, handling, and transportation of goods.

The expansion of the paper and paperboard packaging market is largely driven by increasing demand from industries such as healthcare, where paperboard boxes are widely utilized. Growing environmental awareness and a strong consumer preference for sustainable packaging solutions are further propelling market growth. In particular, the food and beverage sector is demonstrating a notable shift toward paper-based alternatives due to their recyclability and reduced environmental footprint.

Additionally, rising concerns over the ecological impact of plastic packaging have led e-commerce businesses to adopt paper-based materials in place of traditional plastic solutions. This transition is expected to significantly accelerate the adoption of paper and paperboard packaging, reinforcing its position as a preferred choice in sustainable packaging strategies.

List of Prominent Players in the Paper and Paperboard Packaging Market:
• Amcor Plc
• Atlantic Packaging
• Cascades Inc.
• Clearwater Paper Corporation
• DS Smith Plc.
• Fedrigoni S.P.A.
• Georgia-Pacific
• International Paper Company
• ITC Limited
• Mayr-Melnhof Karton AG
• Metsa Group
• Mondi Group
• Nippon Paper Industries Co. Ltd.
• Oji Holdings Corporation
• Packaging Corporation of America
• Rengo Co., Ltd.
• Shandong Bohui Paper Company Ltd.
• Smurfit Kappa Group Plc.
• Sonoco
• South Africa Pulp and Paper Industries Ltd.
• Stora enso Oyj
• Svenska Cellulosa Aktibolaget
• UPM
• Westrock Company

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Market Dynamics
Drivers:
The growing emphasis on environmentally sustainable packaging solutions is a primary factor driving the expansion of the paper and paperboard packaging market. Increasing consumer preference for recycled and biodegradable products has supported the growth of the recovered paper sector. As sustainability becomes a central concern across industries, paper and paperboard packaging is emerging as a viable alternative to conventional plastic packaging. Its eco-friendly attributes, including biodegradability and recyclability, are contributing to its rising adoption across sectors such as retail, wholesale, and food services, thereby accelerating global market growth.

Challenges:
Despite its environmental benefits, paper and paperboard packaging faces competition from flexible plastic packaging, which continues to be widely adopted by manufacturers and retailers. This preference is largely attributed to the material's ability to reduce overall packaging weight, leading to cost savings in shipping, storage, and warehousing. Additionally, flexible packaging offers value-added features such as resealability, single-serve convenience, and improved shelf appeal. In the food sector, products packaged in flexible pouches often retain freshness and flavor more effectively than those stored in traditional containers, further reinforcing the appeal of plastic alternatives among consumers seeking convenience and cost efficiency.

Regional Trends:
The Asia-Pacific region is anticipated to account for a substantial portion of the global paper and paperboard packaging market, with strong growth projected throughout the forecast period. This momentum is primarily fueled by the robust expansion of the food and beverage industry in high-population countries such as India and China. Rising consumer demand, coupled with increased foreign investment by multinational corporations seeking to leverage market opportunities in the region, is further propelling growth.

In Europe, Germany has emerged as a leading contributor to market development, supported by heightened consumer awareness of recycling practices and efforts to reduce plastic consumption. The region's focus on sustainable packaging is fostering steady adoption of paper and paperboard alternatives, thereby strengthening market presence across key European economies.

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Recent Developments:
• In November 2021, Nippon Paper Industries Co., Ltd. announced price increases in the domestic market for printing, communication, and industrial paper to all of its agencies. As a result, the company's revenue has increased in the long run.

Segmentation of Paper and Paperboard Packaging Market-
By Grade-
• Solid breached sulfate
• Coated unbleached kraft paperboard
• Folding boxboard
• White lined chipboard
• Glassine & greaseproof paper
• Label paper
• Others
By Type-
• Corrugated box
• Box board
• Flexible paper
By Application-
• Food
• Beverage
• Healthcare
• Personal & Healthcare
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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This release was published on openPR.