Paper and Paperboard Packaging Market Size, Share, Trends, Growth 2032

Paper and Paperboard Packaging Market Insights

Zion Market Research has published a report on the global Paper and Paperboard Packaging Market, estimating its value at USD 256.84 Billion in 2023, with projections indicating that it will reach USD 400.23 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 4.5% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Paper and Paperboard Packaging Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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Global Paper and Paperboard Packaging Market: Overview

Paper and paperboard are specifically manufactured from wood pulp. There is no significant difference between paper and paperboard, except that paperboard is thick compared to paper. Paperboard is either single or multilayer paper. According to the International Organization for Standardization, the weight of paperboard should be 224g/m2. Moreover, paperboard is enough strong, versatile, lightweight, cost-effective, and can be easily cut; hence it used in packaging. In addition, paperboard is also used to cover books, magazines, postcards, and many other items. Furthermore, it is referred to as cardboard. Moreover, paperboard provides smooth surface for excellent printing, thus became q good information carrier.

Global Paper and Paperboard Packaging Market: Growth Factors

One of the major advantages of the paper and paperboard packaging is that it can be easily recycled; this, in turn, is expected to fuel the demand in the near future. Increasing demand for paper and paperboard packaging in various applications such as footwear, electronics, cosmetics, food industries, healthcare, clothing, and others is expected to boost the market growth in the future. In addition, this packaging is used in education and stationary, freight & carrier, and construction fields. Furthermore, cardboard boxes, cartons, and packaging labels are made from paper and paperboard, which is anticipated to propel the global market in the coming years.

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Many companies focusing on providing better solution to fit consumer requirements positively impacts the global market growth. Increased online shopping and disposal income are other factors fostering the paper and paperboard packaging market in the future. However, cut-throat completion in the paper and paperboard packaging market may restrain the market growth to some extent.

Global Paper and Paperboard Packaging Market: Segmentation

Basis of types of flexible paper packaging, boxboard, corrugated box, and others. Of which, the flexible paper packaging segment dominates the global market.

On the basis of grade, the global market is categorized as solid bleached sulfate (SBS), white line chipboard (WLC), vegetable paper, coated unbleached ‘kraft’ paperboard, folding box board (FBB), label paper, and others.

Basis of application as personal care, food & beverages, education and stationery, healthcare, construction, and others.

Paper and Paperboard Packaging Market: Report Scope

Global Paper and Paperboard Packaging Market: Regional Analysis

Asia Pacific contributed to the largest market share in the international market owing to remarkable growth in the consumption of food & beverages and healthcare products. Increasing disposable income and changing lifestyle also positively impact the global market growth. In addition, developing electronics market in China reflects promising future growth in the paper and paperboard packaging market

Global Paper and Paperboard Packaging Market: Competitive Players

Some of the leading players in the global paper and paperboard packaging market are

• Amcor Ltd
• Cascades Inc
• Clearwater Paper Corporation
• DS Smith Plc
• ITC Ltd
• International Paper Company
• Metsa Group
• Mondi Group
• Nippon Paper Industries Co. Ltd
• Packaging Corporation of America
• RockTenn Company
• Sappi Limited
• Smurfit Kappa Group plc
• Stora Enso Oyj
• Svenska Cellulosa Aktiebolaget

The Global Paper and Paperboard Packaging Market is segmented as follows:

By Type

• Flexible Paper Packaging
• Boxboard
• Corrugated Box
• Others

By Grade

• Solid Bleached Sulphate (Sbs)
• White Line Chipboard (Wlc)
• Vegetable Paper
• Coated Unbleached ‘Kraft’ Paperboard
• Folding Box Board (Fbb)
• Label Paper
• Others

By Application

• Personal Care
• Food & Beverages
• Education And Stationery
• Healthcare
• Construction
• Others

Global Paper and Paperboard Packaging Market: Regional Segment Analysis

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