Paper and Paperboard Packaging Companies

The market for paper & paperboard packaging market was USD 379.9 billion in 2024, and it is projected to reach USD 451.8 billion by 2030, at a CAGR of 2.9 %.

The paper & paperboard packaging market worldwide is seeing a steady increase. This is because it can be used in many different industries, such as food, beverage, healthcare, personal & homecare, and others. The demand for paper & paperboard packaging is rising due to growing environmental concerns and regulatory pressures to reduce plastic usage. Governments worldwide are implementing bans and restrictions on single-use plastics, prompting industries to shift toward more sustainable alternatives like paper-based packaging. Additionally, the e-commerce boom has significantly increased the need for durable and recyclable packaging materials, with paperboard offering both, protection and printability for branding. The food and beverage sector also contributes to this surge, as companies seek biodegradable and food-safe options to meet consumer preferences for eco-friendly packaging. Moreover, advancements in paper coating technologies now allow paperboard to be more resistant to moisture and grease, expanding its applications across frozen foods, ready-to-eat meals, and personal care items. Coupled with a global push toward circular economies, these factors are collectively driving the strong growth in demand for paper & paperboard packaging across multiple sectors.

Paper and Paperboard Packaging Companies

The demand for paper & paperboard packaging market is mainly furnished by global players manufacturing for various end-use applications. Some of the leading companies involved in the paper & paperboard packaging market are Mondi Group (UK), International Paper (US), Smurfit Kappa (Ireland), NIPPON PAPER INDUSTRIES CO., LTD. (Japan), Amcor (Switzerland), Oji Holdings Corporation (Japan), ITC Limited (India), Metsä Group (Finland), Clearwater Paper Corporation (US), and Packaging Corporation of America (US).  These companies, among many other regional players, fulfill the requirements globally for paper & paperboard packaging.

To know about the assumptions considered for the study download the pdf brochure

Mondi Group (UK) Mondi is a global leader in the paperboard and paper packaging industry, organized into three primary business units, including Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper. The company specializes in producing high-quality kraft paper and paper bags, leveraging well-invested mills that convert kraft paper into strong, lightweight paper-based packaging solutions. Mondi operates 100 production sites in over 30 countries, with significant facilities located in Europe, North America, and Africa. Mondi Group operates 6 mills, and 18 converting plants dedicated to Corrugated Packaging, supporting its integrated production model and ensuring a reliable supply of high-quality, sustainable packaging solutions. In the Americas alone, the Group maintains a network of 10 paper bag plants that source kraft paper from its European mills as well as external suppliers. This extensive footprint allows Mondi to effectively serve its global customer base while maintaining leadership positions in key markets across Europe, North America, the Middle East, and North Africa.

International Paper (US) is one of the world leaders in manufacturing containerboard and corrugated packaging products. The company’s businesses are Industrial Packaging and Global Cellulose Fibers. It is also involved in consumer packaging and printing papers. The company’s product portfolio includes corrugated packaging, bulk packaging, retail packaging & displays, and paper bags. International Paper operates in North America, South America, Europe, and the Middle East & Africa. International Paper serves over 21,000 customers globally, with more than 250 locations across 10+ countries and 35 US states.

Smurfit Kappa (Ireland) is a prominent provider of paper packaging solutions, specializing in the manufacture, distribution, and marketing of corrugated containers, container boards, and various other paper-based packaging products. The company's extensive product range includes graphic and solid boards, paper bags, protective packaging items, container boards, kraftliners, corrugated products, and packaging machinery. Additionally, Smurfit offers recovered papers, pulp, testliners, preprinted liners, retail and postal packaging, point-of-sale displays, seedlings, and bag-in-box solutions.

The company also delivers a variety of services, such as packaging design and consultancy, supply chain optimization, packaging fulfilment, machinery consultancy, and recycling. Smurfit operates multiple facilities, including paper mills, recovered fiber plants, and converting plants across Europe and the Americas. In 2024, Smurfit Kappa completed its acquisition of WestRock, and rebranded the combined entity as Smurfit Westrock, marking the formation of a global paper-based packaging leader with enhanced scale, innovation capabilities, and geographical reach across North America, South America, and Europe.

MARKET RANKING:

The paper & paperboard packaging market is notably fragmented, with five major players collectively accounting for approximately 18–22% of the total market share. Leading companies such as Mondi Group (UK), International Paper (US), Smurfit Kappa (Ireland), NIPPON PAPER INDUSTRIES CO., LTD. (Japan), and Amcor (Switzerland) maintain strong market positions through broad product portfolios, global manufacturing networks, and a focus on sustainable packaging solutions. These companies continue to invest in innovative fiber-based materials and circular packaging technologies to meet the growing demand for recyclable, biodegradable, and compostable packaging formats across industries. Despite their leadership, a significant portion of the market remains distributed among numerous regional and niche players, contributing to high market fragmentation and intensifying competition. This fragmentation creates opportunities for smaller manufacturers to carve out specialized market segments, particularly in customized and application-specific solutions. Market dynamics are increasingly shaped by shifting consumer preferences toward eco-friendly alternatives, tightening environmental regulations, and the push for plastic substitution across the food, beverage, personal care, and e-commerce packaging sectors.

Related Reports:

Paper and Paperboard Packaging Market by Grade (SBS, CUK, FBB, WLC, Glassine & Greaseproof, Label Paper), Type (Corrugated Box, Boxboard, Flexible Paper), Source, Pulping, Application (Food, Beverage, Personal & Homecare), & Region - Global Forecast to 2030