"Binding Intellectual insights for your Business"

Containerboard Market Size, Share & COVID-19 Impact Analysis, By Material (Virgin and Recycled), By End-User (Food & Beverage, Personal Care & Cosmetics, Industrial, and Others), and Regional Forecast, 2022-2029

Region : Global | Format: PDF | Report ID: FBI102801



Play Audio Listen to Audio Version

The global containerboard market size was USD 126.66 billion in 2021 and is projected to grow from USD 129.73 billion in 2022 to USD 153.51 billion in 2029, exhibiting a CAGR of 2.4% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with witnessing a higher-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the global market exhibited a decline of 2.2% in 2020 as compared to 2019.

Containerboard or Corrugated Case Material (CCM) is a frequently used packaging material due to its characteristics, including lightweight, high grammage, and versatility. It comprises two main parts, linerboard (facing) and corrugated medium (fluted paper). Linerboard made using virgin fiber is known as kraft liner, whereas the one made from recycled fibers is called testliner. The corrugated medium can be virgin, semi-chemical or recycled depending on the material of pulp used. The board was one of the most recycled packaging materials in 2017, as approximately 88.8% of corrugated containers were recovered for recycling. According to the American Forest and Paper Association, more than 50% of the recovered fiber used in the manufacturing of paper & paperboard goes into containerboard production.


Disruption in Supply Chain Due to COVID-19 has Affected Market Growth

Many nations declared restrictions on raw material distribution and transportation since the pandemic outbreak in late 2019, impacting the value chain of the containerboard market. First and foremost, main manufacturing countries were under lockdown, posing a supply problem for the product, at least for the first half of 2020. Due to a lack of workforce and a shortage of raw materials due to the disrupted supply chain, this aspect limited the companies' production capacities. Additionally, due to a severe lockdown, individuals have been unable to gather carton boards to recycle them, which has halted recycling activities. However, the pandemic spiked the use of e-commerce platforms, resulting in an increased need for corrugated packaging.


Request a Free sample to learn more about this report.

Increasing Demand for Sustainable Packaging Solutions to Create Growth Opportunities

The manufacturers of various products, including cosmetics, personal care, electronics, food & beverages, and others, prefer eco-friendly packaging solutions to promote sustainability. Corrugated boxes are considered a sustainable and environment-friendly form of packaging as they are made from recycled materials. The production of corrugated boxes from recycled materials helps manufacturers reduce environmental impact and offer sustainability toward the environment, thereby abiding by the industrial standards and regulations by the government to protect the environment. Hence, the manufacturers are shifting toward the production and use of 100% recyclable corrugated boxes. For example, in 2015, Mondi Group launched eco-friendly ProVantage kraft liner Aqua and ProVantage Fluting Aqua, which are 100% recyclable and water-resistant.


Growth in Food & Beverage Industry to Drive Containerboard Market

Containerboards are primarily used to manufacture corrugated boxes, which are extensively employed for the packaging of food & beverages, chemicals, glassware, consumer products, and electronics. The expansion of the food & beverage industry has globally boosted the demand. The shift in consumer lifestyle and increasing inclination towards frozen foods, ready-to-eat, and packaged foods have surged the food & beverage industry, thereby driving the market growth. Additionally, the rapid evolution of e-commerce platforms is also augmenting growth as a consequence of the use of product-specific packaging to keep items safe from external stress.


Regulations by Government on Use of Natural Resources to Impede Market

The prime factor hindering the market growth is the stringent regulations levied by the government on the exploitation of natural resources. The manufacture of virgin containerboards requires the use of virgin wood fiber that increases a burden on the environment. The manufacturing of these boards exploits natural resources and emits harmful greenhouse gas, thereby increasing the final cost. The governmental regulations imposed on the tree-cutting are also hampering the market growth. Hence, the above mentioned factors are impeding the growth of the market.


By Material Analysis

Recycled Material to Lead during Forecast Period due to its Increasing Preference from End-Users

Based on material, the market is classified into virgin and recycled.

In the material segment, recycled containerboard holds a major share in the market. The rising preference of consumer products manufacturers toward recyclable materials has increased the demand for recycled materials. Additionally, the high demand for eco-friendly and sustainable packaging solutions from the food & beverage industry has driven the market. Furthermore, the demand for recycled ones is expected to grow as they are cost-effective and comply with the government regulations on the environment, thereby boosting the overall market.

By End-User Analysis

To know how our report can help streamline your business, Speak to Analyst

Food & Beverage Segment to Account for Major Share owing to Higher Product Adoption

In terms of end-user, the market is fragmented into food & beverage, personal care & cosmetics, industrial, and others.

Among these, the food & beverage segment accounts for a major containerboard market share. Corrugated boxes made from containerboards are required by the food & beverage industry for transportation and storage purposes. This is owing to its properties such as toughness, resistance to stacking & vibration, and the ability to resist crushing. These advantages help reduce the cost of shipping and transportation, thereby decreasing the overall cost of packaging. Hence, the growth in the food & beverage industry will drive the market.

Furthermore, the personal care & cosmetics segment is witnessing growth due to the protection offered by these strong paperboards during transportation. The lightweight and tough nature of these boards makes them suitable for the transportation of glass or brittle material products, thereby leading to growth in the market.


Asia Pacific Containerboard Market Size, 2021 (USD Billion)

To get more information on the regional analysis of this market, Request a Free sample

The market size in Asia Pacific stood at USD 56.01 billion in 2021. Asia Pacific is the largest and fastest-growing region in the market owing to rapid industrialization activities combined with increased preference of consumers for ready-to-make and packaged foods & beverages due to busy lifestyle. Moreover, China is the largest contributor to the product demand, which shall further drive the market growth in the region.

The North America market is characterized by concerns related to the environment, which has emphasized the use of sustainable products for packaging. Containerboard offers lightweight and durable packaging and attractive display setups for the products. Hence, the end-users have high demand in this region.

Europe witnessed high demand due to the growth of the cosmetics & personal care market. The personal care industry utilizes containerboards due to their pilferage of property and prevention of spillage, which will drive the market.

The Latin America and the Middle East & Africa markets are expected to witness significant growth during the forecast period. The growth of agriculture-related businesses coupled with the development of retail distribution channels will fuel the market growth in the respective regions.


Key Players Implementing Various Growth Strategies to Maintain their Dominance in Market

The competitive landscape of the market represents a consolidated market with the top 5 companies representing about 20% of the global production capacity. Key players in the market have invested considerable resources in the research and development of water-resistant and recyclable containerboard products. Such strategies will augment the market growth over the forecast period. In addition, mergers and acquisitions, geographical expansions, and novel technology development are a few strategies adopted by the market leaders for their growth.


  • Mondi Group (U.K.)


  • DS Smith (U.K.)

  • Lee & Man Paper Manufacturing Ltd. (China)

  • Smurfit Kappa (Ireland)

  • International Paper (U.S.)

  • Oji Fibre Solutions (NZ) Ltd.  (Australia)

  • WestRock Company (U.S.)

  • Rengo Co., Ltd. (Japan)

  • Georgia-Pacific LLC (U.S.)

  • Hamburger Containerboard (Austria)

  • Nine Dragons Paper (Holdings) Limited (Hong Kong)

  • Stora Enso (Finland)


  • August 2021 –SCGP completed 75% share acquisition of Intan Group, a manufacturer of corrugated containers in Indonesia. In response to an increasing ASEAN market, this acquisition extends the complete range of manufacturing, supply chain, and packaging development from upstream to downstream.

  • January 2021 – Mondi acquired 90.38% of the outstanding shares in Olmuksan International Paper Ambalaj Sanayi ve Ticaret A.Ş from International Paper for a total consideration of USD 74.9 million. The company is expected to generate significant operational improvements and paper integration upside by leveraging expertise and experience in this market and a global virgin and recycled portfolio.


An Infographic Representation of Containerboard Market

To get information on various segments, share your queries with us

The global market report provides a detailed analysis of the market and focuses on major producing companies, materials, end-uses, and global containerboard industry trends. The report also provides a comprehensive quantitative and qualitative market analysis. It highlights the research methodology used for deriving market data and covers recent industry developments. In addition, the report states the growth factors of the market at global and regional levels.

Report Scope & Segmentation



Study Period


Base Year


Estimated Year


Forecast Period


Historical Period



Value (USD billion), Volume (Million ton)


By Material, End-Use, and Geography

By Material

  • Virgin

  • Recycled

By End-Use

  • Food & Beverage

  • Personal Care & Cosmetics

  • Industrial

  • Others

By Geography

  • North America (By Material, By End-Use, By Country)

    • U.S.

    • Canada

    • Mexico

  • Europe (By Material, By End-Use, By Country)

    • Germany

    • France

    • U.K.

    • Italy

    • Spain

    • Russia

    • Rest of Europe

  • Asia Pacific (By Material, By End-Use, By Country)

    • China

    • Japan

    • India

    • South Korea

    • Indonesia  

    • Rest of Asia Pacific

  • Latin America (By Material, By End-Use, By Country)

    • Brazil

    • Argentina

    • Mexico

    • Rest of Latin America

  • Middle East & Africa (By Material, By End-Use, By Country)

    • GCC

    • Rest of Middle East & Africa

Frequently Asked Questions

Fortune Business Insights says that the global market size was USD 126.66 billion in 2021 and is projected to reach USD 153.51 billion by 2029.

In 2021, the market value stood at USD 126.66 billion.

Registering a significant CAGR of 2.4%, the market will exhibit rapid growth over the forecast period (2022-2029).

Food & beverage segment is estimated to be the leading segment in this market during the forecast period.

The growth of the food & beverage industry is the most critical factor driving the market.

China held the highest share in the market in 2021.

Stora Enso, Mondi Group, SCG PACKAGING PUBLIC COMPANY LIMITED, and DS Smith are the leading players in the market.

Rising need for sustainable packaging materials is one of the key factors driving the product adoption during the forecast period.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • Apr, 2022
  • 2021
  • 2018-2020
  • 199


  • $4850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Client Testimonials

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- UGlobal hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.