The boxboard packaging market is forecast to grow from USD 74.03 billion in 2025 to USD 121.71 billion by 2034, driven by a CAGR of 6.12% from 2025 to 2034.
Boxboard Packaging Market Recent Developments by Key Players
- In April 2025, Stora Enso announced the launch of the Performa Nova, a next-generation folding boxboard (FBB) that combines outstanding performance and high yield, as part of its expansion of its core packaging material offering. With a focus on dry, frozen, and chilled food, chocolate, and confections, the new board is made to satisfy the increasing demand for packaging solutions that are efficient, recyclable, and ecological. Customer orders for Performa Nova are now being accepted after Stora Enso cutting-edge consumerboard production line in Oulu, Finland, went online. The introduction, which is the consequence of a significant investment in fiber-based materials, demonstrates Stora Enso sustained dedication to packaging innovation and sustainability.
- In March 2025, Hinojosa Packaging Group introduces the ground-breaking "Bottle Clip Carrier" system in partnership with KHS Group, one of the top producers of filling and packaging systems for the beverage and liquid food industries worldwide. This innovative environmentally friendly packaging option ensures bottle safety and convenience during transportation by substituting 100% recyclable and biodegradable cardboard for plastic film. In addition to cutting down on plastic usage, this approach lowers energy consumption during production and opens the door for the adoption of more ecologically friendly and sustainable packaging and transportation options. The Bottle Clip Carrier is a solution to the problem of lessening the beverage and packaging industries environmental impact, and the way this useful design is presented demonstrates both businesses dedication to sustainable innovation.
- June, 2023: A novel new rapid box assembly method from Macfarlane Packaging was introduced, enabling packers to quickly construct cardboard boxes and achieve up to a 70% boost in packing efficiency. The one-of-a-kind packaging machinery will be manufactured just for Macfarlane clients. It utilizes box designs that are only available through Macfarlane and have been optimized to offer greater performance strength with less material, improving the pallet fill and lowering the transportation costs and CO2 emissions.
- March, 2022: At its Claremont consumer packaging facility, WestRock Company started construction on a 285,000 square foot expansion. The One North Carolina Fund provided a performance-based grant to support the $47 million project, which was anticipated to generate 50 new employments. WestRock will be able to produce sustainable, fiber-based packaging for some of the top food, beverage, and food service brands in the world due to the expanded plant and its staff.
Boxboard Packaging Key Market Top Players
Become a valued research partner with us, please feel free to contact us at sales@towardspackaging.com
