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Paperboard Market By Type (White Lined Chipboard, Virgin Fiber-Based Board, Coated Unbleached Kraft Board [CUK], Liquid Packaging Board, Cup Stock Board, Others); By Application (Packaging, Graphic Printing, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Report ID: 8535 | Report Format : Excel, PDF

Market Overview

The Paperboard Market size was valued at USD 136,800.00 million in 2018, increased to USD 142,874.88 million in 2024, and is anticipated to reach USD 176,025.19 million by 2032, growing at a CAGR of 2.72% during the forecast period.

REPORT ATTRIBUTE DETAILS
Historical Period 2020-2023
Base Year 2024
Forecast Period 2025-2032
Paperboard Market Size 2024 USD 142,874.88 million
Paperboard Market, CAGR 2.72%
Paperboard Market Size 2032 USD 176,025.19 million

 

The paperboard market is highly competitive, with major players such as Kimberly-Clark Corporation, Georgia-Pacific LLC, Graphic Packaging International, Packaging Corporation of America, Mondi Group, DS Smith Plc, Stora Enso Oyj, Nippon Paper Industries, Nine Dragons Paper Holdings, and Sappi Limited leading the global landscape. These companies focus on product innovation, sustainable manufacturing, and strategic expansion to strengthen their market presence. Asia Pacific emerged as the dominant region in 2024, capturing 50% of the global market share. Its leadership is driven by rapid industrialization, strong packaging demand from food and beverage sectors, and government support for eco-friendly materials.

Paperboard Market size

Market Insights

  • The Paperboard Market was valued at USD 142,874.88 million in 2024 and is projected to reach USD 176,025.19 million by 2032, growing at a CAGR of 2.72% during the forecast period.
  • Market growth is driven by the rising demand for sustainable and recyclable packaging materials, supported by strict environmental regulations and the global shift away from single-use plastics.
  • Technological advancements in fiber treatment, barrier coatings, and lightweight board designs are creating new opportunities for innovation and product differentiation across packaging applications.
  • The market is moderately consolidated, with key players such as Kimberly-Clark, Georgia-Pacific, Mondi, DS Smith, and Stora Enso focusing on mergers, eco-friendly production, and global expansion strategies.
  • Asia Pacific dominates the market with a 50% regional share, followed by North America at 22%, while the Packaging segment leads the application share with 65% due to strong demand from food, beverage, and e-commerce industries.

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Market Segmentation Analysis:

By Type

The paperboard market by type is dominated by Virgin Fiber-based Board, accounting for 40% of total market share in 2024. Its dominance is attributed to superior strength, purity, and printability, which make it ideal for premium packaging across cosmetics, pharmaceuticals, and food industries. The White Lined Chipboard (WLC) segment holds about 35% share, driven by the growing adoption of recycled fiber-based packaging solutions in consumer goods and e-commerce. Meanwhile, Coated Unbleached Kraft Board (CUK) and Liquid Packaging Board segments are expanding steadily due to their durability and suitability for beverage and heavy-duty packaging applications. Cup Stock Board and Other specialty boards continue to gain momentum as eco-friendly alternatives in foodservice and innovative packaging solutions.

  • For instance, MM Board & Paper produces top-performing recycled cartonboard brands like MCM®, which are widely used for sustainable consumer goods packaging.

By Application

By application, the Packaging segment leads the market, capturing 65% share of global paperboard consumption in 2024. This dominance is driven by the surge in e-commerce, increased demand for sustainable consumer packaging, and strict regulations reducing plastic usage. The Graphic Printing segment follows with a moderate share, fueled by premium printed materials and branding-focused packaging for luxury products. The Others category, encompassing industrial, display, and stationery applications, reflects steady growth as industries explore versatile and recyclable fiber-based materials for non-traditional uses.

  • For instance, Kraft Heinz collaborated with Berry Global to introduce a fully recyclable ketchup cap, improving food packaging sustainability.

Key Growth Drivers

Rising Demand for Sustainable Packaging Solutions

The increasing shift toward eco-friendly and recyclable materials is a primary growth driver for the paperboard market. Global efforts to reduce plastic pollution and stringent environmental regulations are prompting manufacturers and brands to adopt paperboard as a sustainable alternative. Its biodegradability, lightweight structure, and cost-effectiveness make it ideal for replacing single-use plastics in packaging. Major consumer goods and food brands are actively switching to paperboard-based packaging formats, accelerating market expansion and driving technological innovations in coated and high-strength fiberboard materials.

  • For instance, Nestlé introduced paperboard packaging for its YES! snack bars, using 100% recyclable paper wrappers produced through a collaboration with SIG Combibloc’s high-speed paper-forming technology.

Expansion of the E-commerce and Retail Sector

The rapid growth of e-commerce has significantly boosted the demand for durable and protective packaging materials like paperboard. Online retailers prefer paperboard due to its strength, flexibility, and recyclability, which ensure safe product delivery and align with sustainability commitments. The rising penetration of digital retail platforms across emerging markets has led to increased consumption of corrugated and folding cartons. In addition, the trend of personalized and branded packaging in e-commerce further fuels demand for high-quality, print-friendly paperboard products.

  • For instance, Mondi Group partnered with MODIVO SA, one of Europe’s largest fashion e-retailers, in 2022 to develop sustainable, high-quality e-commerce packaging solutions that align with brand aesthetics and environmental goals.

Growth in Packaged Food and Beverage Consumption

The expanding global appetite for packaged food and beverages continues to propel paperboard usage. Its compatibility with direct food contact, high printability, and moisture resistance make it suitable for food cartons, beverage carriers, and ready-to-eat packaging. The rise in convenience-driven lifestyles, urbanization, and changing dietary patterns are further enhancing consumption. Paperboard’s ability to maintain product integrity while supporting brand aesthetics positions it as a preferred choice among manufacturers and consumers, particularly in emerging economies where packaged food demand is surging.

Paperboard Market share

Key Trends and Opportunities

Technological Advancements in Coating and Barrier Solutions

Innovations in coating and barrier technologies are creating new opportunities for the paperboard market. Advanced bio-based and water-resistant coatings now enable paperboard to replace plastic and aluminum in various liquid and food packaging applications. These developments improve durability, product shelf life, and recyclability, expanding paperboard’s usability across different industries. Continuous R&D efforts by leading manufacturers to enhance strength and functionality are paving the way for the next generation of performance-driven paperboard materials.

  • For instance, Huhtamaki developed its “Protego” water-based barrier coating technology, capable of providing grease and moisture resistance without polyethylene layers, achieving recyclability in standard paper streams.

Rising Adoption of Circular Economy Practices

The growing emphasis on circular economy principles is shaping the future of the paperboard market. Companies are investing in recycling infrastructure, closed-loop supply chains, and fiber recovery processes to reduce waste and maximize material efficiency. Governments and regulatory bodies are also supporting recycling initiatives and sustainable sourcing certifications. This shift toward a resource-efficient production cycle not only enhances brand reputation but also opens avenues for new product innovations that meet evolving consumer and environmental expectations.

  • For instance, Foopak, backed by APP Group, offers eco-friendly paperboard sourced from responsibly managed forests that meets strict global food safety standards, supporting sustainable packaging solutions.

Key Challenges

Volatility in Raw Material Prices

Fluctuating prices of raw materials such as wood pulp and recovered fiber pose a significant challenge to paperboard manufacturers. Rising energy and transportation costs further add to production expenses, impacting profit margins and pricing stability. The dependency on forest resources also exposes the industry to supply chain disruptions caused by deforestation regulations and environmental policies. To mitigate these challenges, manufacturers are increasingly focusing on alternative fiber sourcing and optimizing operational efficiency to maintain competitive pricing.

Competition from Plastic and Alternative Packaging Materials

Despite sustainability trends, the paperboard market faces stiff competition from advanced plastic and flexible packaging materials. These alternatives often offer superior barrier protection and lower production costs, particularly in sectors requiring moisture or oxygen resistance. Manufacturers must continuously innovate to enhance paperboard’s performance attributes and cost-effectiveness to remain competitive. Investments in material innovation and strategic collaborations with end-user industries are crucial to overcoming this challenge and sustaining market growth in a rapidly evolving packaging landscape.

Regional Analysis

North America

North America accounted for 22% of the global paperboard market share in 2024, valued at USD 30,945.84 million, rising from USD 30,232.80 million in 2018 and projected to reach USD 38,039.36 million by 2032, growing at a CAGR of 2.7%. The region’s growth is fueled by robust demand for sustainable packaging across the food, beverage, and e-commerce sectors. The U.S. remains the leading market, supported by strong manufacturing capabilities, innovations in recycled board, and rising adoption of eco-friendly packaging materials by major consumer goods companies.

Europe

Europe held 18% of the global market share in 2024, with a market value of USD 25,542.12 million, slightly declining from USD 25,855.20 million in 2018, but expected to recover to USD 29,000.62 million by 2032 at a CAGR of 1.7%. Market expansion in Europe is driven by stringent environmental regulations promoting recyclable and biodegradable materials. Countries such as Germany, the UK, and France lead the transition toward circular packaging systems. The region’s mature packaging industry and high recycling rates continue to support steady long-term growth in paperboard consumption.

Asia Pacific

Asia Pacific dominates the global paperboard market with the largest share of 50% in 2024. The market grew from USD 66,074.40 million in 2018 to USD 70,558.16 million in 2024 and is forecast to reach USD 91,586.05 million by 2032, expanding at the highest CAGR of 3.4%. Rapid industrialization, expanding retail networks, and increasing packaged food demand across China, India, and Japan are major drivers. Strong manufacturing bases and government initiatives supporting sustainable packaging further enhance market growth, positioning Asia Pacific as the global hub for paperboard production and consumption.

Latin America

Latin America represented 6% of the global paperboard market share in 2024, with market size rising from USD 7,496.64 million in 2018 to USD 7,742.39 million in 2024, projected to reach USD 8,743.17 million by 2032 at a CAGR of 1.6%. Growth is primarily driven by the increasing use of paperboard in food packaging, retail, and consumer goods sectors. Brazil and Mexico lead the regional market, supported by growing awareness of sustainable packaging alternatives and expansion in local manufacturing capacity. However, economic volatility and limited recycling infrastructure restrain faster growth.

Middle East

The Middle East accounted for 3% of the global paperboard market share in 2024, valued at USD 4,085.29 million, compared to USD 4,240.80 million in 2018, and is expected to reach USD 4,419.20 million by 2032 at a CAGR of 1.1%. Growth in the region is driven by expanding retail, FMCG, and e-commerce sectors, especially in GCC countries. Investments in local paperboard manufacturing and rising sustainability initiatives are gradually enhancing demand. However, dependency on imports and the limited recycling ecosystem continue to pose challenges to long-term market expansion.

Africa

Africa holds a modest 2% share of the global paperboard market in 2024, valued at USD 4,001.08 million, up from USD 2,900.16 million in 2018, and is projected to reach USD 4,236.79 million by 2032, growing at a CAGR of 0.4%. The region’s growth is supported by increasing urbanization, population growth, and rising adoption of packaged goods. South Africa dominates the regional market, with gradual expansion in Egypt and Nigeria. However, challenges such as limited industrial infrastructure and lower recycling capabilities restrict rapid growth, keeping Africa’s contribution relatively small but steadily increasing.

Paperboard Market segmentation

Market Segmentations:

By Type:

  • White Lined Chipboard
  • Virgin Fiber-based Board
  • Coated Unbleached Kraft Board (CUK)
  • Liquid Packaging Board
  • Cup Stock Board
  • Others

By Application:

  • Packaging
  • Graphic Printing
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Competitive Landscape

The competitive landscape of the global paperboard market is characterized by the presence of leading players such as Kimberly-Clark Corporation, Georgia-Pacific LLC, Graphic Packaging International, Packaging Corporation of America, Mondi Group, DS Smith Plc, Stora Enso Oyj, Nippon Paper Industries, Nine Dragons Paper Holdings, and Sappi Limited. These companies focus on strategic mergers, acquisitions, product innovation, and sustainable production to strengthen their market positions. Increasing investment in recycling technologies, fiber optimization, and bio-based coatings is driving differentiation among major manufacturers. Companies are also expanding geographically to meet the rising global demand for eco-friendly packaging solutions, particularly in high-growth regions like Asia Pacific. Additionally, many key players are adopting circular economy models and introducing lightweight, high-strength paperboard grades to enhance product performance while reducing carbon footprints. Intense competition, technological advancements, and evolving environmental regulations continue to shape the market dynamics and promote innovation across the paperboard industry.

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Key Player Analysis

  • Kimberly-Clark Corporation (USA)
  • Georgia-Pacific LLC (USA)
  • Graphic Packaging International (USA)
  • Packaging Corporation of America (USA)
  • Greif, Inc. (USA)
  • Domtar Corporation (Canada)
  • Pactiv Evergreen (USA)
  • Mondi Group (UK)
  • DS Smith Plc (UK)
  • Nippon Paper Industries Co., Ltd. (Japan)
  • Nine Dragons Paper Holdings Ltd. (China)
  • Lee & Man Paper Manufacturing Ltd. (China)
  • Sappi Limited (South Africa)
  • Suzano S.A. (Brazil)
  • Stora Enso Oyj (Finland)

Recent Developments

  • In May 2025, Graphic Packaging International introduced a new range of recyclable paperboard sushi packaging designed to meet European “plastic-free” compliance standards and replace traditional plastic formats.
  • In January 2025, International Paper finalized the acquisition of DS Smith, creating a stronger global packaging leader with an expanded presence across North America and Europe.
  • In July 2025, Paulymark Inc. was acquired by Hammond Paper Company, allowing Hammond to expand its recycled board and specialty packaging capabilities across Canada and the U.S.
  • In March 2025, Sonoco Products Company announced a price increase of USD 70 per ton for all grades of uncoated recycled paperboard in Canada and the U.S., effective April 10 2025

Report Coverage

The research report offers an in-depth analysis based on Type, Application and Region. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The paperboard market will continue to expand steadily, driven by the global transition toward sustainable and recyclable packaging materials.
  2. Demand for premium and high-strength paperboard will rise with the growth of e-commerce and retail packaging.
  3. Technological advancements in barrier coatings and fiber treatment will enhance product durability and expand application areas.
  4. Asia Pacific will remain the leading production and consumption hub due to strong manufacturing and rising consumer demand.
  5. North America and Europe will see increased investments in recycling infrastructure and sustainable packaging innovations.
  6. Food, beverage, and personal care sectors will continue to dominate paperboard consumption globally.
  7. Lightweight and customizable paperboard solutions will gain traction as brands seek cost efficiency and aesthetic appeal.
  8. Circular economy practices and fiber recovery initiatives will become central to industry growth strategies.
  9. Strategic partnerships and acquisitions will intensify as players aim to expand global reach.
  10. The shift from single-use plastics to fiber-based alternatives will sustain long-term market growth.

CHAPTER NO. 1 :   GENESIS OF THE MARKET       

 

1.1 Market Prelude – Introduction & Scope

1.2 The Big Picture – Objectives & Vision

1.3 Strategic Edge – Unique Value Proposition

1.4 Stakeholder Compass – Key Beneficiaries      

CHAPTER NO. 2 :   EXECUTIVE LENS  

2.1 Pulse of the Industry – Market Snapshot

2.2 Growth Arc – Revenue Projections (USD Million)      

2.3. Premium Insights – Based on Primary Interviews       

CHAPTER NO. 3 :   PAPERBOARD MARKET FORCES & INDUSTRY PULSE          

3.1 Foundations of Change – Market Overview
3.2 Catalysts of Expansion – Key Market Drivers
3.2.1 Momentum Boosters – Growth Triggers
3.2.2 Innovation Fuel – Disruptive Technologies
3.3 Headwinds & Crosswinds – Market Restraints
3.3.1 Regulatory Tides – Compliance Challenges
3.3.2 Economic Frictions – Inflationary Pressures
3.4 Untapped Horizons – Growth Potential & Opportunities
3.5 Strategic Navigation – Industry Frameworks
3.5.1 Market Equilibrium – Porter’s Five Forces
3.5.2 Ecosystem Dynamics – Value Chain Analysis
3.5.3 Macro Forces – PESTEL Breakdown

3.6 Price Trend Analysis

    3.6.1 Regional Price Trend
3.6.2 Price Trend by product

CHAPTER NO. 4 :   KEY INVESTMENT EPICENTER           

4.1 Regional Goldmines – High-Growth Geographies

4.2 Type Frontiers – Lucrative Type Categories

4.3 ApplicationSweet Spots – Emerging Demand Segments

CHAPTER NO. 5: REVENUE TRAJECTORY & WEALTH MAPPING

5.1 Momentum Metrics – Forecast & Growth Curves

5.2 Regional Revenue Footprint – Market Share Insights

5.3 Segmental Wealth Flow – Type & ApplicationRevenue

CHAPTER NO. 6 :   TRADE & COMMERCE ANALYSIS      

6.1.      Import Analysis by Region   

6.1.1.   Global Paperboard Market Import Revenue By Region

6.2.      Export Analysis by Region   

6.2.1.   Global Paperboard Market Export Revenue By Region

CHAPTER NO. 7 :   COMPETITION ANALYSIS         

7.1.      Company Market Share Analysis      

7.1.1.   Global Paperboard Market: Company Market Share

7.2.      Global Paperboard Market Company Revenue Market Share

7.3.      Strategic Developments        

7.3.1.   Acquisitions & Mergers        

7.3.2.   New Type Launch

7.3.3.   Regional Expansion

7.4.      Competitive Dashboard

7.5.    Company Assessment Metrics, 2024

CHAPTER NO. 8 :   PAPERBOARD MARKET – BY TYPE SEGMENT ANALYSIS   

8.1.      Paperboard Market Overview by Type Segment      

8.1.1.   Paperboard Market Revenue Share By Type

8.1.2.   Paperboard Market Revenue Share By Type

8.2.      White Lined Chip board

8.3.      Virgin Fiber-based board

8.4.      Coated Unbleached Kraft Board (CUK)

8.5.      Liquid packaging board

8.6.      Cup stock board

8.7.      Others

CHAPTER NO. 9 :   PAPERBOARD MARKET – BY APPLICATION SEGMENT ANALYSIS

9.1.      Paperboard Market Overview by Application Segment       

9.1.1.   Paperboard Market Revenue Share By Application

9.1.2.   Paperboard Market Revenue Share By Application

9.2.      Packaging

9.3.      Graphic Printing

9.4.      Others

CHAPTER NO. 10 : PAPERBOARD MARKET – REGIONAL ANALYSIS

10.1.    Paperboard Market Overview by Region Segment   

10.1.1. Global Paperboard Market Revenue Share By Region

10.1.2. Regions          

10.1.3. Global Paperboard Market Revenue By Region       

10.1.4. Global Paperboard Market Revenue By Region       

10.1.5. Type   

10.1.6. Global Paperboard Market Revenue By Type          

10.1.7. Global Paperboard Market Revenue By Type          

10.1.8. Application    

10.1.9. Global Paperboard Market Revenue By Application

10.1.10.           Global Paperboard Market Revenue By Application

CHAPTER NO. 11 : NORTH AMERICA PAPERBOARD MARKET – COUNTRY ANALYSIS      

11.1.    North America Paperboard Market Overview by Country Segment

11.1.1. North America Paperboard Market Revenue Share By Region        

11.2.    North America           

11.2.1. North America Paperboard Market Revenue By Country

11.2.2. Type   

11.2.3. North America Paperboard Market Revenue By Type

11.2.4. Application    

11.2.5. North America Paperboard Market Revenue By Application

11.3.    U.S.    

11.4.    Canada           

11.5.    Mexico           

CHAPTER NO. 12 : EUROPE PAPERBOARD MARKET – COUNTRY ANALYSIS   

12.1.    Europe Paperboard Market Overview by Country Segment

12.1.1. Europe Paperboard Market Revenue Share By Region

12.2.    Europe

12.2.1. Europe Paperboard Market Revenue By Country     

12.2.2. Type   

12.2.3. Europe Paperboard Market Revenue By Type          

12.2.4. Application    

12.2.5. Europe Paperboard Market Revenue By Application

12.3.    UK     

12.4.    France

12.5.    Germany        

12.6.    Italy    

12.7.    Spain  

12.8.    Russia

12.9.   Rest of Europe

CHAPTER NO. 13 : ASIA PACIFIC PAPERBOARD MARKET – COUNTRY ANALYSIS

13.1.    Asia Pacific Paperboard Market Overview by Country Segment     

13.1.1. Asia Pacific Paperboard Market Revenue Share By Region

13.2.    Asia Pacific   

13.2.1. Asia Pacific Paperboard Market Revenue By Country

13.2.2. Type   

13.2.3. Asia Pacific Paperboard Market Revenue By Type  

13.2.4. Application    

13.2.5. Asia Pacific Paperboard Market Revenue By Application

13.3.    China 

13.4.    Japan  

13.5.    South Korea   

13.6.    India   

13.7.    Australia        

13.8.    Southeast Asia

13.9.    Rest of Asia Pacific

CHAPTER NO. 14 : LATIN AMERICA PAPERBOARD MARKET – COUNTRY ANALYSIS

14.1.    Latin America Paperboard Market Overview by Country Segment

14.1.1. Latin America Paperboard Market Revenue Share By Region         

14.2.    Latin America

14.2.1. Latin America Paperboard Market Revenue By Country

14.2.2. Type   

14.2.3. Latin America Paperboard Market Revenue By Type

14.2.4. Application    

14.2.5. Latin America Paperboard Market Revenue By Application

14.3.    Brazil 

14.4.    Argentina       

14.5.    Rest of Latin America

CHAPTER NO. 15 : MIDDLE EAST PAPERBOARD MARKET – COUNTRY ANALYSIS

15.1.    Middle East Paperboard Market Overview by Country Segment     

15.1.1. Middle East Paperboard Market Revenue Share By Region

15.2.    Middle East   

15.2.1. Middle East Paperboard Market Revenue By Country

15.2.2. Type   

15.2.3. Middle East Paperboard Market Revenue By Type  

15.2.4. Application    

15.2.5. Middle East Paperboard Market Revenue By Application

15.3.    GCC Countries          

15.4.    Israel

15.5.    Turkey

15.6.    Rest of Middle East   

CHAPTER NO. 16 : AFRICA PAPERBOARD MARKET – COUNTRY ANALYSIS   

16.1.    Africa Paperboard Market Overview by Country Segment

16.1.1. Africa Paperboard Market Revenue Share By Region          

16.2.    Africa

16.2.1. Africa Paperboard Market Revenue By Country      

16.2.2. Type   

16.2.3. Africa Paperboard Market Revenue By Type           

16.2.4. Application    

16.2.5. Africa Paperboard Market Revenue By Application

16.3.    South Africa

16.4.    Egypt 

16.5.    Rest of Africa

CHAPTER NO. 17 : COMPANY PROFILES     

17.1.    Kimberly-Clark Corporation (USA)

17.1.1. Company Overview   

17.1.2. Type Portfolio

17.1.3. Financial Overview   

17.1.4. Recent Developments

17.1.5. Growth Strategy        

17.1.6. SWOT Analysis        

17.2.    Georgia-Pacific LLC (USA)

17.3.    Graphic Packaging International (USA)

17.4.    Packaging Corporation of America (USA)

17.5.    Greif (USA)

17.6.    Domtar (Canada)

17.7.    Pactiv Evergreen (USA)

17.8.    Mondi Group (UK)

17.9.    DS Smith Plc (UK)

17.10.  Nippon Paper Industries (Japan)

17.11.  Nine Dragons Paper Holdings (China)

17.12.  Lee & Man Paper Manufacturing (China)

17.13.  Sappi Limited (South Africa)

17.14.  Suzano S.A. (Brazil)

17.15.  Stora Enso (Finland)

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Frequently Asked Questions:

What is the current market size for the Paperboard Market, and what is its projected size in 2032?

The Paperboard Market was valued at USD 142,874.88 million in 2024 and is expected to reach USD 176,025.19 million by 2032.

At what Compound Annual Growth Rate is the Paperboard Market projected to grow between 2025 and 2032?

The Paperboard Market is projected to grow at a CAGR of 2.72% during the forecast period.

Which Paperboard Market segment held the largest share in 2024?

The Packaging segment accounted for the largest share of the Paperboard Market in 2024, driven by strong demand from e-commerce and consumer goods sectors.

What are the primary factors fueling the growth of the Paperboard Market?

What are the primary factors fueling the growth of the Paperboard Market?commerce industry, and increasing consumption of packaged food and beverages.

Who are the leading companies in the Paperboard Market?

Major players in the Paperboard Market include Kimberly-Clark Corporation, Georgia-Pacific LLC, Mondi Group, DS Smith Plc, and Stora Enso Oyj.

Who are the major players in this market?

Metsa Group, Sappi Limited, Caraustar and Cascades Inc., Oji Holdings Corporation, Nippon Paper Industries Co. Ltd., International Paper Company, ITC Limited, Paper Works Industries are some of the major players in the global market.

About Author

Rajdeep Kumar Deb

Rajdeep Kumar Deb

Lead Analyst – Consumer & Finance

Rajdeep brings a decade of consumer goods and financial services insight to strategic market analysis.

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