How big is the Global Paper And Paperboard Packaging Market?

The Global Paper And Paperboard Packaging Market size is expected to reach USD 398.65 billion in 2024 and grow at a CAGR of 4.68% to reach USD 501.08 billion by 2029. Read More

What is the current Global Paper And Paperboard Packaging Market size?

In 2024, the Global Paper And Paperboard Packaging Market size is expected to reach USD 398.65 billion. Read More

Who are the key players in Global Paper And Paperboard Packaging Market?

International Paper Company, DS Smith PLC, Packaging Corporation of America, Smurfit Westrock and Mondi Group are the major companies operating in the Global Paper And Paperboard Packaging Market. Read More

Which is the fastest growing region in Global Paper And Paperboard Packaging Market?

Asia is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global Paper And Paperboard Packaging Market?

In 2024, the Americas accounts for the largest market share in Global Paper And Paperboard Packaging Market. Read More

What years does this Global Paper And Paperboard Packaging Market cover, and what was the market size in 2023?

In 2023, the Global Paper And Paperboard Packaging Market size was estimated at USD 379.99 billion. The report covers the Global Paper And Paperboard Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Paper And Paperboard Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Global Paper And Paperboard Packaging Market Share

Statistics for the 2023 & 2024 Global Paper And Paperboard Packaging market share, created by Mordor Intelligence™ Industry Reports. Global Paper And Paperboard Packaging 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 Global Paper And Paperboard Packaging Industry

The global paper and paperboard packaging market is fragmented, with several global and regional players, such as International Paper Company, DS Smith PLC, Packaging Corporation of America, and others, vying for attention in a contested market space. This market is characterized by low product differentiation, growing levels of product penetration, and high levels of competition.

May 2024 - Mondi, a global player in sustainable packaging and paper, held a groundbreaking ceremony in Duino, Italy, marking the start of its EUR 200 million (USD 216.4 million) investment in the mill. The project involves converting the facility's existing paper machine into a high-quality recycled containerboard machine. This investment aims to strengthen partnerships with local stakeholders and contribute to the region's economic development.
April 2024 - International Paper and DS Smith Plc announced an agreement on the terms of a recommended all-share combination, aiming to create a global leader in sustainable packaging solutions.
January 2024 - WestRock Company unveiled plans to construct a new corrugated box facility in Pleasant Prairie, Wisconsin, to address increasing customer demand in the Great Lakes region. Upon completion of the new facility, the company intends to close its North Chicago plant. This investment aims to enhance WestRock's production capabilities and improve its cost structure in the Great Lakes area. The estimated construction cost is approximately USD 140 million.