Containerboard Market Updates

Global Containerboard Market size was valued at USD 135.73 Billion in 2023 and is poised to grow from USD 138.87 Billion in 2024 to USD 166.43 Billion by 2032, growing at a CAGR of 2.35% in the forecast period (2025-2032).

The global containerboard market is competitive, with major players focusing on mergers & acquisitions and green consolidation strategies to expand their market share. The firms are increasing their production capacity worldwide, and investing in recycling facilities and the production of lightweight containerboard. Smurfit Kappa and WestRock, for example, have continued to invest in premium production lines and practices that are linked to the circular economy to ensure that they remain at the top. Future growth will continue to necessitate the establishment of strategic partnerships and the expansion of operations into emerging markets. 'International Paper Company', 'WestRock Company', 'Smurfit Kappa Group', 'Mondi Group', 'DS Smith Plc', 'Nine Dragons Paper (Holdings) Limited', 'Georgia-Pacific LLC', 'Packaging Corporation of America', 'Stora Enso Oyj', 'Pratt Industries Inc.', 'Oji Holdings Corporation', 'Svenska Cellulosa Aktiebolaget (SCA)', 'Cascades Inc.', 'Lee & Man Paper Manufacturing Ltd', 'Rengo Co., Ltd.'

The global containerboard market is being fueled largely by the exploding e-commerce activity occurring everywhere globally. With increasing customers buying products online, there is a surge in demand for packaging materials that are not only light but also durable and eco-friendly. It is necessary to employ corrugated boxes constructed from containerboard to ship products safely. This has led to ongoing investments and innovations in the production of containerboard to address the constantly changing needs of the supply chain and logistics.

Rise to Fame of Lightweight Containerboard: There has been an increasing inclination among manufacturers to invest in the technology of lightweight containerboard, which is incredibly strong yet makes use of as little material as possible. This is enabled through the achievement of cost-efficient targets and in a bid to reduce the carbon footprint left behind upon manufacturing as well as during shipment. Containerboard that is lightweight is becoming increasingly sought after in the realm of e-commerce, where packaging must have the ability to accommodate durability and the reduction of shipping costs.

Why Does North America Lead the Containerboard Market?