Corrugated Cardboard Production Line

According to Beziers Consulting, the global paper and paperboard packaging market size was $376,424 million in 2024 and the market is expected to grow at a CAGR of 5.50% during the forecast period of 2024-2029.

Global Paper and Paperboard Packaging Market Size and Segment Share Analysis

Source: Beziers Consulting

Paper and paperboard packaging is a lightweight, sturdy, and customizable method of transporting goods for protection during transportation, storage, and distribution, and also protects and extends the shelf life of products against breakage, spoilage, and contamination.

Analysis of Market Drivers

Factors such as urbanization, aging population in developed countries, and emerging middle class in developing economies are also driving the paper and paperboard packaging market growth.

Continuous development of digitalization and new retail channels is also boosting the demand for efficient and cost-effective packaging, especially for e-commerce.

Growing packaging consumption and increasing consumer awareness is encouraging packaging manufacturers to develop more sustainable solutions, thereby increasing the growth rate of the paper and paperboard packaging market. Thus, increasing focus on sustainable packaging solutions and growing demand for eco-friendly packaging is contributing to the growth of the paper and paperboard packaging market.

Market Segmentation Analysis

The global paper and paperboard packaging market is segmented on the basis of type into carton, paperboard, flexible paper, and others.

Cartons held the highest share in 2024. Corrugated carton is a durable, versatile, and low-weight paper-based material used for making boxes, containers, and packaging displays. The use for carrying and transporting heavier products such as appliances, electronics, wines, fruits and vegetables, and increasing adoption of e-commerce are driving the growth of this segment.

The global paper and paperboard packaging market is segmented on the basis of grade into unbleached kraft paperboard, bleached paperboard, recycled paperboard, and others.

Unbleached kraft paperboard dominates the global paper and paperboard packaging market by 2024 due to increasing applications in industrial uses, frozen food packaging, beverage cartons and carriers, and pharmaceutical packaging. Brand owners are using this paper grade to optimize packaging operations, increase productivity, improve overall efficiency, and create brand differentiation to increase their paper and paperboard packaging market share.

The global paper and paperboard packaging market is segmented on the basis of end-user into food and beverages, healthcare, retail, consumer goods, and others.

The food and beverages segment accounted for the highest paper and paperboard packaging market share in 2024. There is a growing demand for street food, healthy snacks, and fast food, and brands operating in this segment are focused on providing sustainable packaging solutions that are easy to open and close, smaller in size, and portable.

Regional Analysis

Asia Pacific dominated the global market by 2024 and is the major region contributing to the growth of the paper and paperboard packaging market due to increasing environmental concerns and adoption of stringent regulations regarding the use of plastics and other non-recyclable packaging materials.

Competitive Landscape

Paper and Paperboard Packaging industry data and development trends are analyzed in the “Paper and Paperboard Packaging Market Panorama Analysis Report” by Beziers Consulting.