Containerboard Market to Record CAGR of 2.35% Over 2025-2032; Increasing Preference for Online Shopping and Focus on Sustainability to Bolster Market Growth

The containerboard market size was valued at USD 138.87 billion in 2024 and is predicted to reach USD 141.43 billion in 2025. The market is anticipated to touch USD 166.43 billion by 2032, recording a CAGR of 2.35% over 2025-2032.

Fortune Business Insights™ presents this information in its latest report titled “Containerboard Market Size, Share & Industry Analysis, By Material (Virgin and Recycled), By End-use Industry (Food & Beverages, Personal Care & Cosmetics, Industrial, and Others), and Regional Forecast, 2025-2032”.

Containerboard is a form of paperboard that consists of linerboard and corrugated medium that offers durability and strength to corrugated boxes. This type of packaging material is extensively used in several industries, such as electronics, food & beverage, pharmaceutical, and e-commerce, as it is affordable, lightweight, and highly recyclable. The need among various sectors to reduce their packaging waste and decrease their carbon emissions will boost the demand for containerboards.

The COVID-19 pandemic slowed the market’s progress as customers were hesitant to use reusable packaging products due to the high risk of transmission of the deadly virus by using this type of packaging. This factor caused a major decline in the profit margins of many corrugated box manufacturers. Moreover, government-imposed lockdowns and trade restrictions forced several market players to shut down their factories, thereby causing a negative impact on the market’s growth.

Westrock Planned to Construct New Corrugated Box Factory in Wisconsin to Meet High Customer Demand

WestRock Company announced that it had plans to construct a new corrugated box factory in Pleasant Prairie, Wisconsin, to cater to the increasing demand from customers in the Great Lakes region. Westrock revealed that it would shut down its current plant in North Chicago when the construction of the new facility was completed.

Increasing Preference for Online Shopping and Focus on Sustainability to Bolster Market Growth

The e-commerce industry has witnessed a period of boom, especially in the last few years, as the percentage of people opting for online shopping platforms increased considerably, both during and after the pandemic period. This factor has boosted the demand for corrugated boxes, such as containerboards, as they are quite durable and can withstand moisture and rough handling. Moreover, several manufacturers working in sectors, such as electronics and food & beverage are trying to make their business operations more sustainable to reduce their environmental impact. This factor is also expected to boost the demand for containerboards as they are highly recyclable and sustainable.

However, extreme fluctuations in raw material prices can hamper the containerboard market growth.

Leading Market Players to Launch Novel Packaging Solutions to Meet Diverse Customer Demands

Some of the top companies operating in the market are focusing on developing and launching a wide range of novel and sustainable packaging solutions, such as containerboards, to meet the rising customer demand. The launch of these products will help the market players reduce their carbon emissions, thereby helping them reach their sustainability goals and enhancing their brand image.

Notable Industry Development:

• March 2023 - DS Smith signed a deal with Valmet, where the latter will deliver containerboard machines with extensive packages of automation, services, and industrial internet applications to DS Smith Paper. The machines are expected to assist DS Smith in fulfiling the high demand for sustainable packaging and reduce the plant's environmental impact by minimizing carbon emissions.

List of the Companies Profiled in the Report:

• International Paper (U.S.)


• SCG PACKAGING PUBLIC COMPANY LIMITED (Thailand)


• DS Smith (U.K.)


• Lee & Man Paper Manufacturing Ltd. (China)


• Smurfit Kappa (Ireland)


• Mondi Group (U.K.)


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


• WestRock Company (U.S.)


• Rengo Co., Ltd. (Japan)


• Georgia-Pacic LLC (U.S.)


• Hamburger Containerboard (Austria)


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


• Stora Enso (Finland)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/containerboard-market-102801

Further Report Findings

• North America holds a significant containerboard market share as governments across the region are setting ambitious sustainability targets to decrease their carbon emissions. They are also implementing various regulations and laws to encourage industries to use recyclable packaging solutions.


• Europe is the second-biggest region in the global market, as customers are demanding eco-friendly packaging solutions. This has prompted manufacturers to bring innovations in biodegradable coatings and sustainable packaging products to meet this demand.


• Based on material, the recycled segment is dominating the market as this material is eco-friendlier than virgin fibers, which can involve cutting trees. This can lead to deforestation, thereby increasing the stress on the environment.

Table of Segmentation