Paper & Paperboard Packaging Market, By Type (Paperboard, Corrugated board, Container board, Box board, Kraft Paperboard and Flexible Paper Packaging), By Grade (Folding box board, Glassine and Greaseproof paper, White line chipboard, Solid bleached sulphate, Label paper, Coated unbleached, Kraft paperboard and Others), By Application (Homecare, Food and Beverage, Healthcare, Personal care, Retail and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI470221 | Publish Date: March 2024 | No. of Pages: 168

Global Paper & Paperboard Packaging Market Overview

Paper and paperboard are made from pulp that is sourced from wood as well as non-wood sources such as straw and bamboos. Wood pulp is readily available and is steadily increasing as a result of paper recycling. Paper & paperboard packaging is an admirable form of packaging for end-use commerce due to its continuous nature and affordable pricing of wood pulp. Aside from the fact that a paperboard is thicker than a paper, there is no apparent difference between the two. Paperboard can be single-layer or multi-layer. Furthermore, paperboard is effectively stronger, it is a lightweight material with a high degree of adaptability, it is cost-effective, and it can be easily cut, resulting in convenient packing. A paperboard also provides a flat surface for skilled printing, making it a good information carrier. The global paper and paperboard packaging market accounted for US$ 215.3 billion in 2020 and is estimated to be US$ 298.3 billion by 2030 and is anticipated to register a CAGR of 3.3%.

Impact of Covid-19 pandemic on market

The COVID-19 epidemic wreaked havoc on the paper and paperboard sector, with statewide lockdowns, corporations shifting their sourcing away from China, and materials used in packaging being reconsidered. Although there has been a substantial impact on the supply side of paper packaging, a large growth in end-user demand in specific applications has greatly enlarged the scope of paper packaging. Some of the key drivers of the examined market that arose from the COVID-19 epidemic include an increase in food packaging and an ever-increasing need for corrugated packages in growing e-commerce shipments.

Paper and paperboard are made from pulp that is sourced from wood as well as non-wood sources such as straw and bamboos. Wood pulp is readily available and is steadily increasing as a result of paper recycling. Paper & paperboard packaging is an admirable form of packaging for end-use commerce due to its continuous nature and affordable pricing of wood pulp. Aside from the fact that a paperboard is thicker than a paper, there is no apparent difference between the two. Paperboard can be single-layer or multi-layer. Furthermore, paperboard is effectively stronger, it is a lightweight material with a high degree of adaptability, it is cost-effective, and it can be easily cut, resulting in convenient packing. A paperboard also provides a flat surface for skilled printing, making it a good information carrier. The global paper and paperboard packaging market accounted for US$ 215.3 billion in 2020 and is estimated to be US$ 298.3 billion by 2030 and is anticipated to register a CAGR of 3.3%.

Impact of Covid-19 pandemic on market

The COVID-19 epidemic wreaked havoc on the paper and paperboard sector, with statewide lockdowns, corporations shifting their sourcing away from China, and materials used in packaging being reconsidered. Although there has been a substantial impact on the supply side of paper packaging, a large growth in end-user demand in specific applications has greatly enlarged the scope of paper packaging. Some of the key drivers of the examined market that arose from the COVID-19 epidemic include an increase in food packaging and an ever-increasing need for corrugated packages in growing e-commerce shipments.

Global Paper & Paperboard Packaging Market Dynamics

Growth in business operations by emerging and small sized players

The market for paper and paperboard packaging is expanding rapidly and is expected to continue doing so over the projected period. The overall expansion of the paper & paperboard packaging market is being fueled by continued expansion in online shopping, mostly due to faster delivery, easier return policies, and free shipping. People are opting for eco-friendly packaging options as their awareness and concerns about the environment grow, which has an impact on the market for paper and paperboard products. One of the significant advantages of paper and paperboard packaging is that it can be recycled efficiently; this aspect is expected to increase demand in the coming years. Furthermore, rising disposable income of the population, particularly in developing nations, and expanding customer support for efficient foods are two major indicators for the market's present growth.

Global Paper & Paperboard Packaging Market Segmentation

The Paper and Paperboard market is segmented based on type, grade, application, and region.

On the basis of type, the global paper and paperboard packaging market is segmented into Paperboard, Corrugated board, Container board, Box board, Kraft Paperboard and Flexible Paper Packaging. Based on Grade, the target market is segmented into Folding box board, Glassine and Greaseproof paper, White line chipboard, Solid bleached sulphate, Label paper, Coated unbleached, Kraft paperboard and Others. On the basis of application, the target market is segmented into Homecare, Food and Beverage, Healthcare, Personal care, Retail and Others.

Regional Insights:

On region the Paper and Paperboard market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific dominates the paper and paperboard packaging market. Because of rising disposable income in developing countries and increased reliance on convenient foods. Factors like population expansion, rising middle-class populations, and increased retail penetration are all contributing to the steady growth of numerous end-use sectors in the region, which is boosting demand for paper and paperboard packaging. In the future years, Europe is expected to rise at a significant CAGR.

 

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Type- Paperboard, Corrugated board, Container board, Box board, Kraft Paperboard and Flexible Paper Packaging

By Grade– Folding box board, Glassine and Greaseproof paper, White line chipboard, Solid bleached sulphate, Label paper, Coated unbleached, Kraft paperboard and Others.

By Application– Homecare, Food and Beverage, Healthcare, Personal care, Retail and Others.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global paper and paperboard packaging market report based on type, grade, application, and region.

Segmentation- Paper & Paperboard Packaging Market

Paper and Paperboard Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Paper & Paperboard Packaging Market Key Players

The key players operating in the paper and paperboard packaging market includes DS Smith Plc., Amcor Ltd., Cascades Inc., Clearwater Paper Corporation, Packaging Corporation of America, Mondi Group, ITC Ltd., Metsa Group, RockTenn Company, Nippon Paper Industries Co. Ltd, RockTenn Company, Svenska Cellulosa Aktiebolaget, Stora Enso Oyj, International Paper Company, and Sappi Limited, Smurfit Kappa Group plc, and Others.

Global Paper & Paperboard Packaging Market Company Profile

DS Smith plc.*

  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • Amcor Ltd.
  • Cascades Inc.
  • Clearwater Paper Corporation
  • Packaging Corporation of America
  • Mondi Group
  • ITC Ltd.
  • Metsa Group
  • RockTenn Company
  • Nippon Paper Industries Co. Ltd
  • RockTenn Company
  • Svenska Cellulosa Aktiebolaget
  • Stora Enso Oyj
  • International Paper Company
  • Sappi Limited
  • Smurfit Kappa Group plc
  • Others.

 “*” marked represents similar segmentation in other categories in the respective section.

Global Paper & Paperboard Packaging Market Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for Paper and Paperboard Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Grade
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Segment Trends
  • Paperboard
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Corrugated board
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Container board
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Boxboard
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Kraft paperboard
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Flexible paper packaging
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030

Market Segmentation, By Grade, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Segment Trends
  • Folding box board
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Glassine and Greaseproof paper
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • White line chipboard
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Solid bleached sulphate
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Label paper
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Coated unbleached
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Kraft paperboard
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Segment Trends
  • Homecare
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Food and Beverage
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Healthcare
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Personal care
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Retail
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030

Global Segmentation, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Grade, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Grade, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Grade, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Grade, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Grade, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
    • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • DS Smith Plc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Amcor Ltd.
  • Cascades Inc.
  • Clearwater Paper Corporation
  • Packaging Corporation of America
  • Mondi Group
  • ITC Ltd.
  • Metsa Group
  • RockTenn Company
  • Nippon Paper Industries Co. Ltd

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The paper and paperboard packaging market is segmented based on type, grade, application, and region.

Rising disposable income of the population, particularly in developing nations, and expanding customer support for efficient foods are two major indicators for the market's present growth.

Asia-Pacific dominates the paper and paperboard packaging market. Because of rising disposable income in developing countries and increased reliance on convenient foods.

Key players are increasingly manufacturing packaging products by the recycled pulp in order to enhance the sustainability of the packaging.