Paper Packaging Market Size

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

This boost is anticipated by the 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. According to a report, more than 64% of consumers in the UK are estimated to purchase a product if its packaging is sustainable. Consumers are also willing to pay more in this sector owing to the environmentally friendly process and packaging of these products.