Paperboard Packaging Market is segmented By Raw Material (Recycled Waste Paper, Fresh Source (Wood pulp, Others)), By Product (Folding Boxboard (FBB),....
Market Size in USD
CAGR4.1%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 4.1% |
Market Concentration | Medium |
Major Players | Nippon Paper Industries Co., Ltd., Stora Enso, South African Pulp & Paper Industries, Mondi plc, ITC Limited |
The paperboard packaging market is estimated to be valued at USD 183.87 Bn in 2024 and is expected to reach USD 243.55 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031. Demand in the paperboard packaging market is driven by the sustainable and eco-friendly properties of paperboard which has encouraged its substitution over plastics in the recent years.