Containerboard Market Size and Share

Containerboard Market Analysis by Mordor Intelligence
The containerboard market size stood at USD 152.01 billion in 2026 and is forecast to reach USD 172.17 billion by 2031, expanding at a 2.52% CAGR over the period. This steady trajectory reflects disciplined capacity management, escalating recycled-content mandates, and sustained demand from e-commerce. Producers are prioritizing mill debottlenecking, lightweighting programs, and captive energy projects to defend margins against volatile fiber and carbon costs. Regulatory pressure in the European Union and the United Kingdom is accelerating shifts toward mono-material designs, while North American brand owners are raising burst-strength specifications for direct-to-consumer shipments. Capital is flowing to high-growth corridors in Southeast Asia, the Middle East, and Africa, where greenfield corrugators shorten lead times and avoid import duties. Consolidation among integrated majors is intensifying price competition, forcing mid-tier mills to specialize in niche or premium grades to remain profitable.
Key Report Takeaways
- By material, recycled fibers captured 58.32% of the containerboard market share in 2025. However, blended fibers are projected to post a 3.43% CAGR through 2031, the fastest among all material segments.
- By type, kraftliners led with 46.43% revenue share in 2025, while flutings are advancing at a 4.32% CAGR to 2031.
- By basis weight, the 150-300 gsm range commanded 44.23% of the containerboard market size in 2025, whereas grades above 300 gsm are paced for 3.57% CAGR growth.
- By end user, food and beverage accounted for 32.32% of the revenue share in 2025, and industrial packaging is projected to expand at a 3.68% CAGR through 2031.
- By geography, Asia-Pacific accounted for 40.32% regional share in 2025, but the Middle East and Africa are expected to record the highest regional CAGR at 4.76% to 2031.
Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.
Global Containerboard Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising E-commerce Shipping Volumes | +0.8% | Global, with concentration in North America, Europe, and key Asia-Pacific metros | Short term (≤ 2 years) |
| Growth in Processed Food and Beverage Packaging | +0.5% | Global, especially Asia-Pacific and South America urbanizing regions | Medium term (2-4 years) |
| Shift Toward Sustainable and Recyclable Packaging Solutions | +0.6% | Europe and North America regulation-driven, Asia-Pacific corporate-led | Medium term (2-4 years) |
| Lightweight Containerboard Innovations Reducing Shipping Costs | +0.3% | Global early uptake in Europe and North America logistics networks | Medium term (2-4 years) |
| Expansion of Corrugated Box Plants in Emerging Markets | +0.4% | Asia-Pacific (India, Vietnam), Middle East and Africa, South America | Long term (≥ 4 years) |
| Increase in Intercontinental Trade Requiring Durable Packaging | +0.2% | Global, emphasis on Asia-Pacific export corridors and Middle East import hubs | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Rising E-commerce Shipping Volumes
Explosive parcel growth is reshaping linerboard specifications as automated sortation and last-mile fulfillment subject shippers to higher drop and compression stresses. Integrated majors now combine 24 million tons of containerboard capacity with more than 2,000 box plants, enabling on-demand formats that achieve cube utilization within 5 millimeters of product dimensions. The result is elevated demand for kraftliners delivering burst strength above 1,100 kPa, a threshold that recycled testliners often miss without virgin reinforcement. [1] International Paper, “Investor Day Presentation,” INTERNATIONALPAPER.COM
Growth in Processed Food and Beverage Packaging
Urbanizing middle-class consumers in Asia-Pacific and South America continue to favor shelf-stable foods packed in corrugated cases. Converters respond with moisture-resistant coatings and rapid-cooling liners that maintain board integrity through cold-chain logistics. The surge is most visible in single-serve beverage multipacks, where redesigned flute profiles cut weight yet uphold stacking strength, allowing retailers to run higher pallet heights.
Shift Toward Sustainable and Recyclable Packaging Solutions
Mandatory recycled-content floors and single-use plastic restrictions have pivoted investment toward closed-loop fiber systems. A recycled containerboard machine commissioned in 2024 added 420,000 tons of annual capacity in Italy, backed by a EUR 280 million (USD 316.4 million) spend that underscores confidence in mono-material adoption. The United Kingdom's extended producer responsibility fees, reaching GBP 1,000 per ton, further tilt the economics toward corrugated alternatives.
Lightweight Containerboard Innovations Reducing Shipping Costs
Each 10 gsm liner reduction can shave roughly 8% off freight bills, prompting mills to introduce 72-92 gsm kraftliners that emit up to 80% less carbon dioxide than regional averages.[2]Holmen Paper, “Holmen Elevate Kraftliner,” HOLMEN.COM Converters leverage these substrates to replace 90-100 gsm grades, realizing 15-18% material savings while retaining edge-crush performance above 5.5 kN/m.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Availability of Alternative Flexible Packaging Solutions | -0.4% | Global, higher substitution in North America and Europe | Medium term (2-4 years) |
| Volatility in Recovered Paper Prices | -0.5% | Global, acute in Asia-Pacific and Europe recycled-fiber mills | Short term (≤ 2 years) |
| Escalating Energy and Carbon Compliance Costs | -0.3% | Europe primary, spillover in regulated North America and Asia-Pacific zones | Medium term (2-4 years) |
| Water Scarcity Constraints on Mill Operations | -0.2% | Asia-Pacific water-stressed provinces, Middle East, U.S. Southwest | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Volatility in Recovered Paper Prices
Spot prices for old corrugated containers fell 16% in one quarter of 2025, compressing recycled-fiber mill margins by roughly 250 basis points. Such swings push independent producers toward vertical integration or long-term supply contracts, as quarterly fiber costs can otherwise fluctuate 20-30%. [3]Federal Reserve Bank of St. Louis, “Producer Price Index: Wastepaper,” FRED.STLOUISFED.ORG
Availability of Alternative Flexible Packaging Solutions
Stand-up pouches and flow wraps are growing faster than corrugated in select snack and pet-food formats because they offer superior moisture barriers and shelf appeal. Although pending European recyclability mandates may curb single-use plastics, flexible laminates remain a credible substitute where rigidity is not essential, tempering expansion prospects for the containerboard market.
Segment Analysis
By Material: Recycled Fibers Dominate, Blended Grades Gain Traction
Recycled fibers represented 58.32% of market share in 2025, anchored by mature collection loops in Europe and North America, where recovery rates exceed 90%. The containerboard market for blended grades is projected to outpace all others, with a 3.43% CAGR through 2031, as converters balance cost with burst strength. A multilayer concept pairing chemithermomechanical pulp with kraft fibers showcases how mills are engineering stiffness at lower grammages.
Blended formulations allow real-time adjustment to price shifts in recovered paper, smoothing margin swings for mills exposed to spot procurement. Regulatory minimums on recycled content compel virgin-fiber producers to integrate recovered furnish, further accelerating blend adoption. In application terms, blended liners increasingly ship fresh produce and export containers that require moisture resistance without full virgin composition.

Note: Segment shares of all individual segments available upon report purchase
By Type: Kraftliners Lead, Flutings Surge on Lightweighting
Kraftliners held a 46.43% revenue share in 2025 as the favored outer liner for high-graphics retail and e-commerce cartons. Flutings, however, are forecast to grow 4.32% annually, the swiftest pace in the containerboard market. Lightweight semi-chemical flutings at 73 gsm are replacing 80-85 gsm recycled mediums, saving up to 16% material while keeping edge-crush values above 4.0 kN/m.
The uplift in fluting demand mirrors converter migration from C-flute to thinner B- and E-flute structures that trim board consumption yet uphold stacking performance. Kraftliner producers counter by launching 72-92 gsm grades that satisfy e-commerce burst requirements and reduce freight costs, reinforcing their dominance in premium outer facings of the containerboard market.
By Basis Weight: Mid-Range Dominates, Heavy-Duty Gains Momentum
The 150-300 gsm band accounted for 44.23% of demand in 2025 and remains the workhorse range for general shipping cases. Even so, above-300 gsm heavy-duty grades are registering a 3.57% CAGR as automotive and electronics manufacturers adopt triple-wall formats for intercontinental freight. In contrast, sub-150 gsm boards serve partition and point-of-purchase roles where printability outweighs stacking strength.
Lightweighting remains pervasive across the containerboard market. Mills deploy refined fiber orientation and calendering to drop 200 gsm liners to 180 gsm equivalents without sacrificing edge-crush benchmarks, a cost-effective move where logistics bills can exceed 12% of delivered packaging price.

Note: Segment shares of all individual segments available upon report purchase
By End User: Food and Beverage Largest, Industrial Fastest Growing
Food and beverage applications made up 32.32% of market share in 2025, supported by corrugated cases for fresh produce and shelf-stable multipacks. Industrial uses are poised for the fastest advance at 3.68% CAGR to 2031, driven by manufacturers swapping plastic and wood for fiber-based protective formats. A premium smartphone producer reported 99% adoption of fiber packaging in 2024, underscoring the trend toward precision die-cut inserts.
The drive to eliminate petroleum-based dunnage aligns with extended producer responsibility mandates that now span automotive and consumer electronics supply chains. Returnable corrugated containers are also gaining favor in just-in-time component flows, leveraging board recyclability and weight advantages over wooden crates.
Geography Analysis
Asia-Pacific controlled 40.32% of 2025 output, anchored by China’s 120 million ton capacity. Nevertheless, maturation in China and relocations to Southeast Asia are moderating regional growth. India, Vietnam, and Thailand draw greenfield corrugators that cut lead times from 45-60 days to under 10 days for local brand owners. Water scarcity in northern China and parts of India is prompting investment in closed-loop effluent systems or coastal desalination tie-ins.
The Middle East and Africa comprise the fastest-growing bloc at 4.76% CAGR through 2031, propelled by Saudi Vision 2030 infrastructure and Egypt’s industrial diversification. A 450,000-ton capacity increment in Saudi Arabia leverages low domestic gas prices and port proximity to broaden regional supply. Sub-Saharan demand is constrained by weak collection networks, necessitating virgin fiber imports from South America and Europe until domestic loops mature.
Europe and North America are rationalizing high-cost mills while upgrading integrated sites with biomass cogeneration. Two mill closures in the United States removed a combined 250,000 tons, but recycled capacity additions via acquisitions offset the cuts. In Europe, minimum recycled-content rules are nudging mills toward lighter, higher-recovered grades, though subdued industrial output keeps overall tonnage growth modest.
South America remains buoyed by Brazil’s vertically integrated forestry assets that supply containerboard for food and beverage cases linked to urbanization and rapid grocery delivery. Currency volatility continues to influence export competitiveness, but local demand remains resilient.

Competitive Landscape
The containerboard market features fragmentation. Two mega-mergers completed in 2024-2025 created integrated platforms spanning containerboard manufacture, box conversion, and recovered-fiber collection, squeezing independent converters that purchase merchant board. Innovation is moving from commodity production toward performance grades, such as ultra-light kraftliners and moisture-resistant multilayers, which command 10-15% premiums.
Smaller mills adopt specialization to survive, focusing on white-top liners, recycled flutings for e-commerce void fill, or rapid-response digital print runs. Digitization is rapidly permeating operations, with machine-learning optimizers cutting refining energy use by up to 8% and reducing caliper variability across production lots. Carbon prices between EUR 60 and EUR 80 per ton (USD 65.4-87.2) amplify competitive gaps between mills with biomass cogeneration and those reliant on grid electricity.
Emerging substitutes, including molded-pulp rigid formats, are progressing but have yet to achieve scale or cost parity with corrugated. Consequently, the strategic emphasis remains on vertical integration, mill efficiency, and niche-grade development rather than wholesale diversification beyond paper-based substrates.
Containerboard Industry Leaders
Smurfit WestRock
International Paper Company
Oji Holdings Corporation
Mondi Group
Nine Dragons Paper (Holdings) Limited
- *Disclaimer: Major Players sorted in no particular order

Recent Industry Developments
- January 2025: International Paper completed its USD 7.2 billion acquisition of DS Smith, creating a vertically integrated platform with 24 million tons of annual containerboard capacity and 2,100 box plants across North America and Europe.
- January 2025: International Paper announced the permanent closure of its Campti, Louisiana containerboard mill, withdrawing 250,000 tons of capacity as part of its 80/20 portfolio-optimization program.
- November 2024: Mondi acquired Schumacher Packaging Group for EUR 634 million (USD 684.72 million), adding 1.1 billion m² of corrugated capacity in Central and Eastern Europe.
- October 2024: Packaging Corporation of America finalized a USD 1.8 billion purchase of Greif’s containerboard assets, adding 800,000 tons of recycled capacity and 70 box plants.
Global Containerboard Market Report Scope
Containerboard is the material used to manufacture corrugated boxes - usually known as cardboard. It is the most repeatedly used packaging material since it is versatile, lightweight, strong, and made from renewable resources. It is also the most-recycled packaging material.
The Containerboard Market Report is Segmented by Material (Virgin Fibers, Recycled Fibers, and Blended Fibers), Type (Kraftliners, Testliners, Flutings, and Other Types), Basis Weight (Below 150 gsm, 150-300 gsm, and Above 300 gsm), End User (Food and Beverage, Consumer Goods, Industrial, and Other End Users), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East, Africa). The Market Forecasts are Provided in Terms of Value (USD).
| Virgin Fibers |
| Recycled Fibers |
| Blended Fibers |
| Kraftliners |
| Testliners |
| Flutings |
| Other Types |
| Below 150 gsm |
| 150 - 300 gsm |
| Above 300 gsm |
| Food and Beverage |
| Consumer Goods |
| Industrial |
| Other End Users |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| France | |
| United Kingdom | |
| Italy | |
| Spain | |
| Rest of Europe | |
| Asia-Pacific | China |
| Japan | |
| India | |
| South Korea | |
| Australia and New Zealand | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Middle East | Saudi Arabia |
| United Arab Emirates | |
| Turkey | |
| Rest of Middle East | |
| Africa | South Africa |
| Egypt | |
| Nigeria | |
| Rest of Africa |
| By Material | Virgin Fibers | |
| Recycled Fibers | ||
| Blended Fibers | ||
| By Type | Kraftliners | |
| Testliners | ||
| Flutings | ||
| Other Types | ||
| By Basis Weight | Below 150 gsm | |
| 150 - 300 gsm | ||
| Above 300 gsm | ||
| By End User | Food and Beverage | |
| Consumer Goods | ||
| Industrial | ||
| Other End Users | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| France | ||
| United Kingdom | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| South Korea | ||
| Australia and New Zealand | ||
| Rest of Asia-Pacific | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Middle East | Saudi Arabia | |
| United Arab Emirates | ||
| Turkey | ||
| Rest of Middle East | ||
| Africa | South Africa | |
| Egypt | ||
| Nigeria | ||
| Rest of Africa | ||
Key Questions Answered in the Report
What is the projected value of the containerboard market in 2031?
The containerboard market is anticipated to reach USD 172.17 billion by 2031.
Which material segment is growing fastest?
Blended grades of virgin and recycled fibers are forecast to grow at 3.43% CAGR, the highest among material categories.
Why are lightweight kraftliners gaining popularity?
Every 10 gsm reduction can lower freight costs around 8%, so mills have introduced 72-92 gsm kraftliners that cut weight while retaining strength.
Which region is expected to post the highest growth rate?
The Middle East and Africa are projected to record a 4.76% CAGR through 2031, outpacing all other regions.
How does carbon pricing affect containerboard producers?
European Union carbon allowances cost USD 65-87 per ton, adding USD 15-20 per ton to production for mills without biomass cogeneration.
What end-user sector is expanding fastest?
Industrial packaging, driven by automotive and electronics manufacturers seeking fiber-based protection, is projected to advance at 3.68% CAGR to 2031.




