Paper Packaging Market Analysis

Material Type (Corrugated Board, Specialty Paper, Box-board/Carton Board, Kraft Papers, Molded Pulp, Paper Bags & Sacks, Paper Pouches)

Corrugated board segment is estimated to hold paper packaging market share of over 28% by the end of 2037 owing to the consumer's support of the circular economy model, which reduces environmental pollution and carbon footprints by using cardboard. According to the Ellen MacArthur Foundation, demand for new business services would be created using a circular economy, such as reverse logistics collection, and reintroduction of end-of-use products into the system. Foundation projects using circular models could expand to 23% in 2030 from 3.5% in 2023.

Packaging Type (Corrugated Boxes, Cartons, Wrapping Paper, Inserts & Dividers, Bottle & Cup Carriers, Cups & Trays, Clamshell, Display Packaging, Bags & Sacks, Tapes & Labels)

The corrugated boxes segment in the paper packaging market is set to garner a notable share during the forecast period, impelled by its increasing usage in online retail & e-commerce propelled by its sturdiness which is necessary while transporting through handling and shipping. According to the International Trade Administration, the global B2B e-commerce sector expansion is expected to cross USD 5.5 trillion by 2027 with a CAGR of about 14.4%. Moreover, the lightweight property of corrugated boxes also helps in reducing the shipping cost.

End-User (Food & Beverage, Personal Care & Cosmetic, E-commerce, Healthcare, Electrical & Electronic, Automotive & Industrial, Homecare & Toiletries, Chemical & Fertilizers)

The food & beverage segment is projected to hold the highest influencing segment under the end-user of the paper packaging market. The reason behind this impact is projected driven by the increasing usage of paper packaging in fast foods, frozen foods, and fresh foods. According to a report, more than 52% of millennials are estimated to consume fast food a few times a week and about 24% consume it daily.

Additionally, innovations such as coated papers and wraps are increasing the demand in this sector as they prevent leakage of food while delivering, packaging, storing, and many more.

Our in-depth analysis of the paper packaging market includes the following segments:

Material Type	Corrugated Board Specialty Paper Box-board/Carton Board Kraft Papers Molded Pulp Paper Bags & Sacks Paper Pouches
Packaging Type	Corrugated Boxes Cartons Wrapping Paper Inserts & Dividers Bottle & Cup Carriers Cups & Trays Clamshell Display Packaging Bags & Sacks Tapes & Labels
End-user	Food & Beverage Personal Care & Cosmetic E-commerce Healthcare Electrical & Electronic Automotive & Industrial Homecare & Toiletries Chemical & Fertilizers
Source Type	Fresh Recycled
Level of Packaging	Primary Secondary Tertiary

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of paper packaging is assessed at USD 389.85 billion.

The paper packaging market size was over USD 377.18 billion in 2024 and is projected to reach USD 643.92 billion by 2037, growing at around 4.2% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by slated demand for eco-friendly and sustainable alternatives to packaging, as renewable, recyclable, biodegradable paper packaging attract more businesses and consumers to reduce their environmental footprints.

Asia Pacific industry is predicted to dominate majority revenue share of 44% by 2037, influenced by surge in paper manufacturers and several government initiatives & steps to protect the environment in the region.

The major players in the market are Smurfit Kappa, Napco National Paper Products Company, Billerud, Cascades Inc., Georgia Pacific LLC, Pratt Industries, Inc., DS Smith Packaging Limited, Stora Enso Oyj, Mondi Group Plc, and others.

Paper Packaging Market Analysis