The containerboard market is set to grow from USD 162.98 billion in 2025 to USD 209.51 billion by 2034 at a 2.83% CAGR, after an estimated USD 158.49 billion in 2024. We cover full segmentation by material (recycled 78% share in 2024; virgin fastest-growing) and end-use (food & beverage 33% share in 2024; consumer goods fastest-growing), with regional data for North America (fastest growth), Europe, Asia Pacific (50% revenue share in 2024), Latin America, and Middle East & Africa. The report delivers company profiles and benchmarking (International Paper, Nine Dragons, Smurfit Kappa, Mondi, WestRock, Oji, etc.), competitive analysis, value chain & cost structure, trade statistics and flows, and manufacturer/supplier databases with capacity and footprint mapping.
Containerboard Market Strategic Investments and Acquisitions Driving Expansion and Market Growth
- In April 2025, a global leader in the production of sustainable packaging and paper, Mondi successfully started up its Duino mill. This milestone further strengthens Mondis position as a leading producer of sustainable and high-quality packaging solutions while driving long-term value creation. , Mondi is focused on maintaining consistent production of high-quality recycled containerboard, made from 100% recovered fiber, throughout the ramp-up phase.
- In March 2025, Fastmarkets launched monthly price assessments for Polish recycled containerboard, such as FP-CTB-0206 testliner 2, 140 g, FP-CTB-0207 testliner 3, 140g, and FP-CTB-0208 recycled fluting, 105 g.
- In January 2025, a leading paper mill in North India, Silverton Pulp and Paper is excited to announce the launch of its new containerboard solution – White Kraft Liner (WKL) to cater to the rising demand for premium packaging solutions in India.
- In May 2023, International Paper announced that it would invest $100 million to expand its corrugated packaging capacity in North America. The investment will be used to build a new corrugated sheet plant in Georgia and to upgrade existing corrugated packaging facilities in Texas and Wisconsin.
- In April 2023, Smurfit Kappa Group announced that it had acquired Corrugated Containers, Inc., a leading corrugated packaging company in the United States. The acquisition will strengthen Smurfit Kappa position in the US corrugated packaging market.
- In 2022, WestRock Company announced its plan to construct a corrugated box production facility in Washington, U.S. The new plant will help the company to cater to increasing the demand for corrugated boxes in the Pacific Northwest.
Top Companies in the Containerboard Market
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