
Report ID: SQMIG15H2099
SkyQuest Technology's Containerboard market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Containerboard Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Global Containerboard Market size was valued at USD 136.4 billion in 2023 and is poised to grow from USD 140.76 billion in 2024 to USD 181.11 billion by 2032, growing at a CAGR of 3.2% during the forecast period (2025-2032).
The development of internet-based shopping increases dramatically the demand for containerboard products since packaging is utilized to transport goods purchased over the internet. According to the International Trade Administration (ITA), global B2C e-commerce sales will be USD 5.5 trillion by 2027, growing at a compound annual growth rate (CAGR) of 14.4% from 2020. The increase in e-commerce due to shifting consumer behavior and digitalization has resulted in a steady rise in packaging requirements, which will prove to be positive for the global containerboard market growth. Being sustainability-focused, prominent e-tailers such as Amazon, Alibaba, and Walmart are looking at sustainable packaging options.
Furthermore, growing applications within the food and beverage sector are among the significant drivers of the containerboard market. With requirements for sustainable, convenient, and portable food package solutions increasing, companies are resorting to growing and growing uses of containerboard to package foods. Convenience food, ready-to-eat foods, and packaged drinks have generated greater demand for light, moisture-resistant, and durable packaging. Food is properly protected by containerboard while its freshness and strength are preserved during transportation and storage.
How Innovation in Lightweight Containerboard is Reducing Carbon Emissions?
A lot of ground is being made up in the global market by the light containerboard technology. Over the last few years, there has been an increased focus on the production of lighter boards that have enhanced strength and durability without compromising on performance whatsoever. Most of this can be credited to the increased demand for cost savings, enhanced logistics, and a lower carbon footprint. Firms can produce eco-friendly packaging materials at a lower manufacturing and shipping cost if they strive to reduce the quantity of raw material inputs they consume and adopt innovative fiber engineering methods in the process.
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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?
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Report ID: SQMIG15H2099
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