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

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.

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.

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.

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.

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

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.

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.