Carton Board Market Share

Statistics for the 2023 & 2024 Carton Board market share, created by Mordor Intelligenceā„¢ Industry Reports. Carton Board share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Carton Board Industry

The carton board market is fragmented. Key players include Asia Pulp & Paper Group (APP), Mayr-Melnhof Karton AG (MM Group), Nine Dragons Paper Holdings Limited, Westrock Company, and Graphic Packaging Holding Company. These companies employ strategic maneuvers like partnerships and acquisitions to fortify their product portfolios and secure a lasting competitive edge.

  • September 2023: Smurfit WestRock emerged as a sustainability-focused global force following the merger of Smurfit Kappa and WestRock. This consolidation aimed to synergize its paper-based packaging businesses, capitalizing on its complementary strengths to establish a formidable presence in sustainable packaging on a global scale.
  • April 2023: Mayr-Melnhof Karton AG (MM Group) greenlit a comprehensive investment initiative designed to fortify Poland's major cardboard and paper mill. Valued at approximately EUR 660 million (USD 721.6 million), this three-part plan entails measures to curtail energy and CO2 expenses, integrate pulp resources, and penetrate the sack kraft paper market. These strategic moves were geared toward positioning the plant for sustained long-term viability and environmental sustainability.

Carton Board Market Leaders

  1. Asia Pulp & Paper Group (APP)

  2. Mayr-Melnhof Karton AG (MM Group)

  3. Nine Dragons Paper Holdings Limited

  4. Westrock Company

  5. Graphic Packaging Holding Company

*Disclaimer: Major Players sorted in no particular order

Cartonboard Market Concentration

Carton Board Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)