Sustainable Paper Packaging Trends Boost Growth in the Converted Paper Products Market in 2025

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What Is the Expected CAGR for the Converted Paper Products Market Through 2025?
The converted paper products market saw robust growth, expanding from $598.92 billion in 2024 to $639.89 billion in 2025 at a CAGR of 6.8%. This was supported by industrialization, population growth, urbanization, environmental concerns, consumer demand for convenience, and regulatory standards.

What's the Projected Size of the Global Converted Paper Products Market by 2029?
The market for converted paper products is forecasted to experience substantial growth in the coming years, with its value anticipated to rise to $849.56 billion in 2029, following a compound annual growth rate (CAGR) of 7.3%. This predicted growth over the forecast period can be linked to factors such as the booming e-commerce sector, sustainable packaging methods, use of biodegradable and compostable materials, regulatory adherence, and the application of environmentally friendly printing inks, alongside the shift to digital media. Notable trends projected for the forecast period encompass advancements in packaging design, customization and personalization, research and development investments in paper technology, pioneering in specialty papers, and paper-based replacements for single-use plastics.

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Top Growth Drivers in the Converted Paper Products Industry: What's Accelerating the Market?
The converted paper products manufacturing market is poised for growth, largely due to the rising preference for online shopping. This trend allows manufacturers to market their offerings on a much wider scale, thereby expanding their customer reach across different geographical locations and propelling the market's expansion. For example, the U.S. Census Bureau, a commerce department entity in the United States, recorded total U.S. retail e-commerce sales of $282.3 billion in the second quarter of 2024. This was a significant 5.3 percent increase (± 0.7) from the first quarter of the previous year, 2023. Consequently, this growing interest in online shopping fuels the upward trajectory of the converted paper product market.

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What Trends Will Shape the Converted Paper Products Market Through 2029 and Beyond?
Key players in the converted paper products industry are concentrating on the creation of eco-friendly packaging alternatives such as paper outer bags, in an effort to decrease dependence on pure plastics and increase recyclability. Paper outer bags, comprising packaging created from paper to enclose goods, act as substitutes for conventional plastic packaging. As an illustration, Walkers, a UK-based snack food producer of potato crisps and various other snack items, rolled out new paper outer bags for its Baked crisps assortment in October 2023. This strategy is targeted at slashing the consumption of virgin plastic by 180 tonnes annually and make available recyclable packaging that can be effortlessly recycled in domestic bins. This action forms a segment of Walkers' continuous attempts to create innovative solutions and eliminate virgin plastic from their packaging to reduce their carbon emissions.

What Are the Main Segments in the Converted Paper Products Market?
The converted paper products market covered in this report is segmented -

1) By Type: Paperboard Container, Sanitary Paper Product, Stationery Products, Paper Bag And Coated And Treated Paper, All Other Converted Paper Products
2) By Raw Material: Wood And Agro Residue, Waste And Recycled Paper
3) By End-Use: Packaging And Wrapping, Food Service, Printing, Other End Users

Subsegments:
1) By Paperboard Container: Folding Cartons, Rigid Boxes, Corrugated Boxes, Paperboard Cups And Trays, Paperboard Containers For Food Packaging
2) By Sanitary Paper Product: Toilet Paper, Paper Towels, Facial Tissues, Napkins, Wipes
3) By Stationery Products: Notebooks And Writing Pads, Envelopes, Paper Sheets And Pads, Paper Cards, Post-It Notes
4) By Paper Bag And Coated And Treated Paper: Kraft Paper Bags, Shopping Bags, Stand-Up Pouches, Grocery Bags, Retail Paper Bags, Coated Paper For Printing And Writing, Specialty Coated Paper, Food Packaging Paper, Water-Resistant Paper, Barrier Coated Paper
5) By All Other Converted Paper Products: Paper-Based Food Packaging, Paper Straws, Paper-Based Films And Laminates, Paper Labels, Paper Cups And Plates

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Which Top Companies are Driving Growth in the Converted Paper Products Market?
Major companies operating in the converted paper products market include WestRock Company, International Paper Company, Kimberly Clark Corporation, Essity AB, Georgia-Pacific LLC, Smurfit Kappa Group PLC, Stora Enso Oyj, Oji Holdings Corporation, UPM-Kymmene Corporation, DS Smith plc, Graphic Packaging Holding Company, Mondi Group, Nippon Paper Industries Co. Ltd., Packaging Corporation of America, Sonoco Products Company, Domtar Corporation, Cascades Inc., Ahlstrom-Munksjö Oyj, Metsä Group, Burgo Group S.p.A., SCA Group, Clearwater Paper Corporation, Svenska Cellulosa AB, Cenveo Corporation, Kruger Inc., Wausau Paper Corp., Daio Paper Corporation, Delta Paper Mills Limited, Evergreen Packaging LLC, Finch Paper LLC, Glatfelter Corporation, Hokuetsu Corporation, Huhtamaki Oyj, KapStone Paper and Packaging Corporation, Long Chen Paper Co. Ltd.

Which Regions Will Dominate the Converted Paper Products Market Through 2029?
Asia-Pacific was the largest region in the converted paper products market in 2024. North America was the second largest region in the converted paper products market. The regions covered in the converted paper products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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