The Paper And Paperboard Packaging Market is anticipated at USD 223.9 billion by 2024. The market valuation is estimated to be USD 351 billion by 2034, registering a sluggish CAGR of 4.6%.
The market is experiencing notable growth, fueled by increasing demand for sustainable and eco-friendly packaging solutions. With applications spanning diverse industries such as food and beverage, pharmaceuticals, and retail, paper and paperboard packaging offers versatility and recyclability.
The emphasis on reducing environmental impact and stringent regulations favoring sustainable practices further drive market expansion. The rising consumer preference for biodegradable packaging also contributes to the industry's momentum.
Key players in the market focus on technological innovations and product development to enhance performance and meet evolving market demands. Despite digitalization trends, the enduring appeal of paper and paperboard packaging and its eco-friendly attributes position the market for sustained growth.
| Attributes | Key Insights |
|---|---|
| Market Estimated Size in 2024 | USD 223.9 billion |
| Projected Market Size in 2034 | USD 351 billion |
| Value-based CAGR from 2024 to 2034 | 4.6% |
The scope for global paper and paperboard packaging market insights expanded at a 5.8% CAGR between 2019 and 2023. The market is anticipated to develop at a CAGR of 4.6% over the forecast period from 2024 to 2034.
| Historical CAGR from 2019 to 2023 | 5.8% |
|---|---|
| Forecasted CAGR from 2024 to 2034 | 4.6% |
Between 2019 and 2023, the global market demonstrated significant expansion, marked by a CAGR of 5.8%. This growth was attributed to increased demand for sustainable packaging solutions across various industries. During this period, the market's robust performance reflected a heightened focus on eco-friendly materials and recyclable packaging.
The forecast for the subsequent period from 2024 to 2034 indicates a slightly moderated growth trajectory, with an anticipated CAGR of 4.6%. This adjustment reflects factors such as evolving market dynamics, changing consumer preferences, and potential challenges in the global economic landscape.
The market expansion from 2019 to 2023 was driven by a surge in awareness regarding environmental sustainability, prompting a shift towards paper and paperboard packaging. In the forecast period, while the demand for sustainable solutions remains strong, the projected CAGR of 4.6% suggests a more measured pace of growth.
Factors such as market maturity, regulatory influences, and evolving industry trends likely contribute to this adjusted growth rate, emphasizing the need for industry players to navigate a landscape influenced by continuity and change.
| Attributes | Details |
|---|---|
| Opportunities |
|
The table highlights the CAGRs of five key countries, with the United States, Japan, China, the United Kingdom, and South Korea leading the forefront. South Korea stands out as a dynamic market, poised for substantial growth, with an impressive 6.6% CAGR expected by 2034.
Renowned for its dedication to innovation, the country plays a pivotal role across diverse industries, showcasing a thriving economic landscape in continuous evolution.
The noteworthy CAGR emphasizes South Korea's proactive approach to adopting and spearheading advancements, positioning itself as a significant contributor to the global sustainable materials industry.
| Countries | Forecast CAGRs from 2024 to 2034 |
|---|---|
| The United States | 4.9% |
| Japan | 5.1% |
| China | 5.3% |
| The United Kingdom | 5% |
| South Korea | 6.6% |
The diverse consumer-oriented market drives the extensive use of paper and paperboard packaging in the United States.
Packaging is widely employed in food and beverage, retail, and e-commerce, leveraging its eco-friendly nature and versatility. The emphasis on sustainable practices and recyclability aligns with consumer preferences, contributing to the continued market utilization.
In Japan, the preference for paper and paperboard packaging is rooted in its reliability and adaptability. Packaging is extensively used in the meticulous manufacturing processes, particularly in the pharmaceutical and electronics industries. The commitment to precision and quality aligns with paper and paperboard packaging characteristics, making it a staple for various applications.
The widespread adoption of paper and paperboard packaging in China is fueled by rapid industrialization and an expanding consumer market. Due to the booming online retail industry, packaging is extensively utilized in the food and beverage sector and e-commerce packaging.
The versatility, cost-effectiveness, and recyclability of paper and paperboard packaging contribute to its prominence in China.
In the United Kingdom, paper and paperboard packaging is ingrained due to the commitment to sustainability. Widely employed in the retail and food industries, the packaging aligns with the focus on reducing environmental impact.
The demand for eco-friendly and recyclable materials drive the market prevalence in various packaging applications.
The robust adoption of paper and paperboard packaging indicates its dynamic economic landscape and commitment to innovation. The packaging is extensively used across diverse industries, including electronics, cosmetics, and retail.
The emphasis on cutting-edge technology and sustainable solutions aligns with the characteristics of paper and paperboard packaging, driving its substantial usage in the market.
The table below provides an overview of the paper and paperboard packaging landscape on the basis of type and grade. Corrugated boxes are projected to lead the type of market at a 4.5% CAGR by 2034 while folding boxboards in the grade category are likely to expand at a CAGR of 4.4% by 2034.
The widespread adoption of corrugated boxes is driven by their inherent strength and durability. The driver for the growth of folding boxboards lies in their versatility and printability. Folding boxboards offer a high-quality surface that allows for intricate printing and branding, making them ideal for packaging applications where visual appeal is crucial.
| Category | CAGR by 2034 |
|---|---|
| Corrugated Boxes | 4.5% |
| Folding Boxboard | 4.4% |
Corrugated boxes are anticipated to lead in the type category, demonstrating a projected CAGR of 4.5% by 2034. This leadership can be attributed to the widespread use of corrugated boxes across various industries, driven by their durability and suitability for shipping and transportation.
In the grade category, folding boxboards are poised for significant growth, with an estimated CAGR of 4.4% by 2034. This projection highlights the increasing demand for high-quality packaging solutions, especially in industries like cosmetics and food, where folding boxboards find extensive use due to their strength and printability.
The anticipated growth in corrugated boxes and folding boxboards underscores their crucial roles in the evolving landscape of paper and paperboard packaging.
The competitive landscape of the paper and paperboard packaging industry is characterized by the presence of key players engaged in intense market competition. Major companies within this landscape strategically position themselves to address the growing demand for sustainable packaging solutions.
These industry participants focus on product innovation, ensuring a diverse range of packaging solutions to meet the needs of various sectors such as food and beverage, pharmaceuticals, and e-commerce.
Strategic collaborations and partnerships are common within the competitive dynamics, enabling companies to leverage shared resources and enhance their market presence. Mergers and acquisitions contribute to the consolidation of market players, allowing for increased efficiency and a broader product portfolio.
Key Market Developments
| Attributes | Details |
|---|---|
| Estimated Market Size in 2024 | USD 223.9 billion |
| Projected Market Valuation in 2034 | USD 351 billion |
| CAGR Share from 2024 to 2034 | 4.6% |
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | Value in USD billion |
| Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East and Africa |
| Key Market Segments Covered | By Type, By Grade, By Region |
| Key Countries Profiled | The United States, Canada, Brazil, Mexico, Argentina, Germany, United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel |
| Key Companies Profiled | Amcor Ltd.; ITC Ltd.; Cascades Inc.; RockTenn Company; Clearwater Paper Corporation; Packaging Corporation of America; DS Smith Plc.; Mondi Group; Metsa Group; Nippon Paper Industries Co., Ltd; Georgia-Pacific LLC |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 4: Global Market Volume (Units) Forecast by Type, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by Grade, 2019 to 2034
Table 6: Global Market Volume (Units) Forecast by Grade, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: North America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 10: North America Market Volume (Units) Forecast by Type, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by Grade, 2019 to 2034
Table 12: North America Market Volume (Units) Forecast by Grade, 2019 to 2034
Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 15: Latin America Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 16: Latin America Market Volume (Units) Forecast by Type, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by Grade, 2019 to 2034
Table 18: Latin America Market Volume (Units) Forecast by Grade, 2019 to 2034
Table 19: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 21: Western Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 22: Western Europe Market Volume (Units) Forecast by Type, 2019 to 2034
Table 23: Western Europe Market Value (US$ Million) Forecast by Grade, 2019 to 2034
Table 24: Western Europe Market Volume (Units) Forecast by Grade, 2019 to 2034
Table 25: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 27: Eastern Europe Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 28: Eastern Europe Market Volume (Units) Forecast by Type, 2019 to 2034
Table 29: Eastern Europe Market Value (US$ Million) Forecast by Grade, 2019 to 2034
Table 30: Eastern Europe Market Volume (Units) Forecast by Grade, 2019 to 2034
Table 31: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 32: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034
Table 33: South Asia and Pacific Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 34: South Asia and Pacific Market Volume (Units) Forecast by Type, 2019 to 2034
Table 35: South Asia and Pacific Market Value (US$ Million) Forecast by Grade, 2019 to 2034
Table 36: South Asia and Pacific Market Volume (Units) Forecast by Grade, 2019 to 2034
Table 37: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 38: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034
Table 39: East Asia Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 40: East Asia Market Volume (Units) Forecast by Type, 2019 to 2034
Table 41: East Asia Market Value (US$ Million) Forecast by Grade, 2019 to 2034
Table 42: East Asia Market Volume (Units) Forecast by Grade, 2019 to 2034
Table 43: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 44: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034
Table 45: Middle East and Africa Market Value (US$ Million) Forecast by Type, 2019 to 2034
Table 46: Middle East and Africa Market Volume (Units) Forecast by Type, 2019 to 2034
Table 47: Middle East and Africa Market Value (US$ Million) Forecast by Grade, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Units) Forecast by Grade, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Type, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Grade, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Units) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 9: Global Market Volume (Units) Analysis by Type, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 12: Global Market Value (US$ Million) Analysis by Grade, 2019 to 2034
Figure 13: Global Market Volume (Units) Analysis by Grade, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by Grade, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by Grade, 2024 to 2034
Figure 16: Global Market Attractiveness by Type, 2024 to 2034
Figure 17: Global Market Attractiveness by Grade, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (US$ Million) by Type, 2024 to 2034
Figure 20: North America Market Value (US$ Million) by Grade, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 27: North America Market Volume (Units) Analysis by Type, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 30: North America Market Value (US$ Million) Analysis by Grade, 2019 to 2034
Figure 31: North America Market Volume (Units) Analysis by Grade, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by Grade, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by Grade, 2024 to 2034
Figure 34: North America Market Attractiveness by Type, 2024 to 2034
Figure 35: North America Market Attractiveness by Grade, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) by Type, 2024 to 2034
Figure 38: Latin America Market Value (US$ Million) by Grade, 2024 to 2034
Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 45: Latin America Market Volume (Units) Analysis by Type, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Grade, 2019 to 2034
Figure 49: Latin America Market Volume (Units) Analysis by Grade, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by Grade, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Grade, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Type, 2024 to 2034
Figure 53: Latin America Market Attractiveness by Grade, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) by Type, 2024 to 2034
Figure 56: Western Europe Market Value (US$ Million) by Grade, 2024 to 2034
Figure 57: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 63: Western Europe Market Volume (Units) Analysis by Type, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 66: Western Europe Market Value (US$ Million) Analysis by Grade, 2019 to 2034
Figure 67: Western Europe Market Volume (Units) Analysis by Grade, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by Grade, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by Grade, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Type, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by Grade, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (US$ Million) by Type, 2024 to 2034
Figure 74: Eastern Europe Market Value (US$ Million) by Grade, 2024 to 2034
Figure 75: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Units) Analysis by Type, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) Analysis by Grade, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Units) Analysis by Grade, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Grade, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Grade, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Type, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by Grade, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (US$ Million) by Type, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (US$ Million) by Grade, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Units) Analysis by Type, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) Analysis by Grade, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Units) Analysis by Grade, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by Grade, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Grade, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Type, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by Grade, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (US$ Million) by Type, 2024 to 2034
Figure 110: East Asia Market Value (US$ Million) by Grade, 2024 to 2034
Figure 111: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 117: East Asia Market Volume (Units) Analysis by Type, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 120: East Asia Market Value (US$ Million) Analysis by Grade, 2019 to 2034
Figure 121: East Asia Market Volume (Units) Analysis by Grade, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by Grade, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by Grade, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Type, 2024 to 2034
Figure 125: East Asia Market Attractiveness by Grade, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (US$ Million) by Type, 2024 to 2034
Figure 128: Middle East and Africa Market Value (US$ Million) by Grade, 2024 to 2034
Figure 129: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Type, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Units) Analysis by Type, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Type, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Type, 2024 to 2034
Figure 138: Middle East and Africa Market Value (US$ Million) Analysis by Grade, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Units) Analysis by Grade, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by Grade, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by Grade, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Type, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by Grade, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
By 2024, the paper and paperboard packaging landscape is estimated to be valued at USD 223.9 billion.
The paper and paperboard packaging market is projected to flourish at a CAGR of 4.6% from 2024 to 2034.
By 2034, the paper and paperboard packaging market will generate USD 351 billion in value terms.
The corrugated boxes segment is anticipated to expand at 4.5% CAGR by 2034.
With a CAGR of 6.6%, South Korea is expected to dominate the paper and paperboard packaging market.
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