The paper packaging market is estimated to be valued at USD 428.91 Bn in 2024 and, growing at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031. Paper packaging refers to the use of various types of paper products for packaging applications. This includes containers made from containerboard such as cartons, corrugated boxes, and wrapping paper. Paper packaging serves various important functions such as protection, transportation, communication, and containment for a diverse range of products. It is widely used across different end use industries owing to properties such as sustainability, recyclability, printability, and affordability. Growing environmental concerns have further enhanced the popularity of paper packaging solutions.

 Market Dynamics:

The global paper packaging market growth is driven by rising environmental awareness among consumers and stringent regulations regarding the use of plastics. Growing e-commerce industry is also fueling the demand for effective packaging for products during transit. Carton packaging and corrugated boxes dominated by volume and these materials are preferred for their insulating properties and ability to protect products from physical damage. However, factors such as fluctuating raw material prices and availability pose a major challenge. Growing demand for sustainable packaging from food and beverage industry presents lucrative opportunities for market expansion. Innovation in material quality and conversion technology will further support the market growth.

 Key Features of the Study:

• This report provides an in-depth analysis of the global paper packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global paper packaging market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include DS Smith PLC, Georgia-Pacific Corporation, Holmen AB, Hood Packaging Corporation, International Paper Company, MeadWestvaco Corporation, OJI Holding Corporation, Smurfit Kappa Group Plc, Stora Enso Oyj, The Mayr-Melnhof Group, Sonoco Products Company, Pratt Industries, WestRock Company, Ashirwad Enterprises, Billerude, Bagnico, Kalpataru Paper LLC, Papier-Mettler, Trident Paper Box Industries, TGI Packaging Pvt. Ltd
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global paper packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global paper packaging market

Market Segmentation

• By Product Type:
• • Liquid Packaging Cartons
  • Corrugated Cases
  • Carton & Folding Boxes
  • Others
• By Application:
• • Food & Beverage
  • Personal Care & Cosmetic
  • E-commerce
  • Healthcare
  • Home Care
  • Electrical & Electronic
  • Automotive & Industrial
  • Others
• By Regional:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • DS Smith PLC
  • Georgia-Pacific Corporation
  • Holmen AB
  • Hood Packaging Corporation
  • International Paper Company
  • MeadWestvaco Corporation
  • OJI Holding Corporation
  • Smurfit Kappa Group Plc
  • Stora Enso Oyj
  • The Mayr-Melnhof Group
  • Sonoco Products Company
  • Pratt Industries
  • WestRock Company
  • Ashirwad Enterprises
  • Billerude
  • Bagnico
  • Kalpataru Paper LLC
  • Papier-Mettler
  • Trident Paper Box Industries
  • TGI Packaging Pvt. Ltd