The global paper and paperboard packaging market is a dynamic sector encompassing the production, distribution, and utilization of diverse packaging solutions made from paper and paperboard materials. With a robust presence in various industries such as food and beverages, pharmaceuticals, and consumer goods, this market has witnessed significant growth. As the market continues to evolve, emphasis on recyclability, biodegradability, and circular economy principles is reshaping the industry landscape.
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Data Bridge Market Research analyses that the Global Paper and Paperboard Packaging Market is expected to reach USD 2,14,492.80 million by 2030, which was USD 1,38,707.95 million in 2022, registering a CAGR of 5.60% during the forecast period of 2023 to 2030. Companies prioritize sustainable paper and paperboard packaging for CSR, elevating brand image. Aligning with consumer eco-conscious expectations, this choice fosters positive perception, demonstrating a commitment to environmental responsibility and corporate ethics.
Key Findings of the Study
Rising consumption of packaged food is expected to drive the market's growth rate
The paper and paperboard packaging market is poised for growth due to rising packaged food consumption. Essential for packaging milk, frozen goods, and dry meals, these materials cater to surging demands. Notably, digital fast-food orders surged by 23% from June 2019 to June 2020, tripling in 2021, as reported by linchpin. This substantial uptick in packaged food consumption is a pivotal factor expected to propel the market's expansion during the forecast period.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Paper Cups, Kraft Paper Boards, Boxboard, Folding Boxes and Cases, Paper and paperboard packaging, and Others), Type (Stickers, Shopper, Coating, Packaging, Invitations / Envelopes / Notepaper, Labels, Covers, Catalogues and Digital Print), Property (Colored, Natural, Coated, Pearlescent, Texture, Recycle, Cotton and Others), Weight (70 G/M2 TO 100 G/M2, 101 G/M2 TO 150 G/M2, 151 G/M2 TO 200 G/M2, 201 G/M2 TO 250 G/M2 and More Than 250 G/M2), Grade (Solid Bleached Sulfate, Coated Unbleached Kraft Paperboard, Folding Boxboard, White Lined Chipboard, Glassine and Greaseproof Paper, Label Paper, Others), End User (Personal Care and Cosmetics, Food and Beverages, Healthcare, Consumer Goods, Education and Stationary and Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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WestRock Company (U.S.), Smurfit Kappa (Ireland), International Paper (U.S.), Novolex (U.S.), NOVPLASTA CZ, s.r.o (Czechia), Burgass Carrier Bags (U.S.), Mondi (U.K.), CEE R.SCHISLER (France), Cascades Inc. (Canada), DS Smith (U.K.), Goodwin Robbins Packaging Company Inc. (U.S.), Oji Holdings Corporation (Japan), Georgia-Pacific LLC. (U.S.), Amcor plc (Switzerland), Sonoco Products Company (U.S.), Rengo Co. Ltd (Japan), Graphic Packaging International LLC (U.S.), Keystone Paper & Box Company, Inc (U.S.), Menasha Corporation (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The global paper and paperboard packaging market is segmented on the basis of product, type, property, weight, grade, and end user.
- On the basis of type, the global paper and paperboard packaging market is segmented into stickers, shopper, coating, packaging, invitations/envelopes / notepaper, labels, covers, catalogs and digital print. The packaging segment is expected to dominate the global paper and paperboard packaging market with a 30.03% market share due to the growing demand for paper boxes from the e-commerce industry
- On the basis of product, the global paper and paperboard packaging market is segmented into paper cups, kraft paper boards, boxboard, folding boxes, and cases, paper bags, and others. Kraft paper boards segment is expected to dominate global paper and paperboard packaging market with 29.96% market share as kraft paper boards have high durability, which increases its demand globally
- On the basis of property, the global paper and paperboard packaging market is segmented into colored, natural, coated, pearlescent, texture, recycle, cotton and others. Recycle segment is expected to dominate the global paper and paperboard packaging market with a 24.65% market share as recycling property helps reduce pollution, increasing its demand globally.
- On the basis of weight, the global paper and paperboard packaging market is segmented into 70 G/M2 TO 100 G/M2, 101 G/M2 TO 150 G/M2, 151 G/M2 TO 200 G/M2, 201 G/M2 TO 250 G/M2, and more than 250 G/M2. 151 G/M2 to 200 G/M2 segment is expected to dominate the global paper and paperboard packaging market with a 36.10% market share as this weight is easier to carry, which increases its demand globally.
The 151 G/M2 to 200 G/M2 segment will dominate the weight segment of the paper and paperboard packaging market
The 151 G/M2 to 200 G/M2 segment will emerge as the dominating segment weight segment. This is because of the growing awareness about the availability of raw materials to be used in food packaging in the market, especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.
- On the basis of grade, the global paper and paperboard packaging market is segmented into solid bleached sulfate, coated unbleached kraft paperboard, folding boxboard, white lined chipboard, glassine and greaseproof paper, label paper, and others
- On the basis of end user, the global paper and paperboard packaging market is segmented into personal care and cosmetics, food and beverages, healthcare, consumer goods, education and stationary and others. The food and beverages segment is expected to dominate the global paper and paperboard packaging market with 46.35% market share as paper and paperboard packaging has good flexibility to store different types of food products, which increases its demand globally
The food and beverages segment will dominate the end user segment of the paper and paperboard packaging market
The food and beverages segment will emerge as the dominating segment under end user with approximately 46.35% market share due to its excellent flexibility in storing diverse food products, driving global demand. In Asia-Pacific, infrastructural development, especially in developing economies, propels the dominance of this segment as paper and paperboard packaging extends the shelf life of food products. The ongoing growth in the global materials and packaging industry will continue to amplify this segment's expansion.
Major Players
Data Bridge Market Research recognizes the following companies as the global paper and paperboard packaging market players in global paper and paperboard packaging market are Georgia-Pacific LLC. (U.S.), Amcor plc (Switzerland), Sonoco Products Company (U.S.), Rengo Co. Ltd (Japan), Graphic Packaging International LLC (U.S.), Keystone Paper & Box Company, Inc (U.S.), Menasha Corporation (U.S.)
Market Developments
- In 2022, FRESH PACKING partnered with Mondi to innovate a state-of-the-art cooler bag for transporting chilled or frozen foods. The Fresh Bag boasts an exterior layer entirely crafted from Mondi's kraft paper, enhancing cooling protection by 2.5 times. This sustainable packaging initiative replaces non-recyclable, multi-material alternatives, aligning with environmental concerns and promoting a more eco-friendly approach to packaging in the food industry
- In 2022, Smurfit Kappa announced the acquisition of PaperBox, a packaging facility situated in Saquarema, 70 km east of Rio de Janeiro. This strategic move marked a substantial expansion for Smurfit Kappa in Brazil, complementing its existing operations in Rio Grande do Sul, Minas Gerais, and Ceará. The purchase aimed to strengthen the company's foothold in the Brazilian market, enhancing its capabilities and geographical reach within the country
- In December 2021, Stora Enso received the prestigious Tetra Pak award for Best Circular Solution, acknowledging its groundbreaking achievements in beverage carton recycling innovation. This recognition not only highlights Stora Enso's commitment to sustainability but also fortifies its global standing. The acknowledgment affirms the company's leadership in advancing circular economy practices within the packaging industry, contributing to a more sustainable future and solidifying its position as an industry frontrunner on the global stage
- In November 2021, Oji Holdings Corporation unveiled plans for a new corrugated container plant in Vietnam, bolstering its production capacity for corrugated boxes in the Asia-Pacific region. This strategic move positions Oji Holdings to meet growing demand, capitalize on regional market opportunities, and strengthen its foothold in Vietnam's packaging industry. The establishment of this facility reflects the company's commitment to expanding its presence and enhancing production capabilities to cater to the dynamic packaging needs of the Asia-Pacific market
Regional Analysis
Geographically, the countries covered in the global paper and paperboard packaging market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
As per Data Bridge Market Research analysis:
North America is the dominant region in the global paper and paperboard packaging market during the forecast period 2023-2030
North America dominates the global paper and paperboard packaging market during the forecast period of 2023-2030, attributed to the significant presence of major market players. Furthermore, a heightened awareness of sustainability among end users acts as a catalyst, fostering market growth in this region. The established market infrastructure and a proactive approach towards eco-friendly solutions position North America as a key driver in shaping the trajectory of the paper and paperboard packaging industry.
Asia-Pacific is estimated to be the fastest-growing region in the global paper and paperboard packaging market during the forecast period 2023-2030
Asia-Pacific is expected to dominate the global paper and paperboard packaging market, driven by rising consumer electronics packaging in paperboard. The region's substantial consumption, coupled with growing demand for paper and paperboard in ready-to-eat meal packaging, will propel market expansion. This trend underscores Asia-Pacific's pivotal role in shaping the trajectory of the paper and paperboard packaging industry, emphasizing its position as a key driver for market growth on a global scale.
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