Global Paperboard Folding Carton Market Overview
The Paperboard Folding Carton market was valued at 82,687.22 million in 2024, The Paperboard Folding Carton market is projected to grow from USD 86,657.88 Million in 2025 to USD 1,32,170.67 Million by 2034 exhibiting a compound yearly growth rate (CAGR) of 4.8% during the forecast period (2025 - 2034). Increased demand for the sustainable and eco-friendly packaging solutions and rising preference for convenient and innovative packaging formats are the key market drivers enhancing the market growth.

Source: The Secondary Research, Primary Research, Market Research Future Database and Analyst Review
Paperboard Folding Carton Market Trends
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Growing demand for the sustainable and eco-friendly packaging solutions is driving the market growth
Market CAGR for paperboard folding cartons is being driven by the rising demand for the sustainable and eco-friendly packaging solutions. Growing awareness of environmental issues and concerns about the impact of packaging on the planet have led consumers and businesses to seek sustainable alternatives. Paperboard is a renewable resource, and it is biodegradable and recyclable, making it an environmentally friendly choice compared to non-biodegradable materials like plastics.
Paperboard folding cartons are highly recyclable, and many consumers actively look for products with packaging that can be recycled. The recyclability of paperboard aligns with the principles of a circular economy, where the materials are reused and recycled to reduce the waste and environmental impact. Manufacturing paperboard typically has a lower carbon footprint compared to certain other packaging materials, particularly those derived from fossil fuels. Choosing paperboard folding cartons can contribute to overall efforts to minimize the greenhouse gas emissions and combat climate change. There is a surging trend of consumers preferring products and brands that demonstrate a commitment to sustainability. Companies that adopt eco-friendly packaging solutions, such as paperboard folding cartons, can appeal to environmentally conscious consumers, potentially gaining a competitive advantage in the market. With an increasing focus on environmental regulations and standards, businesses are motivated to adopt packaging solutions that meet or exceed these requirements. Paperboard folding cartons are often compliant with various environmental regulations, positioning them favorably in the marketplace.
Choosing sustainable packaging, including paperboard folding cartons, can enhance a brand's image and contribute to its corporate social responsibility initiatives. Companies that prioritize sustainability in their packaging practices may build stronger relationships with environmentally conscious consumers. Some retailers are actively promoting sustainable packaging practices and may prioritize products with eco-friendly packaging on their shelves. Meeting these retailer preferences can open up market opportunities for products packaged in paperboard folding cartons. Paperboard folding carton manufacturers are continually innovating to improve the sustainability of their products. This includes exploring new materials, production processes, and technologies that further reduce the environmental impact of packaging. Thus driving the Paperboard Folding Carton market revenue.
Paperboard Folding Carton Market Segment Insights
Paperboard Folding Carton Type Insights
The Paperboard Folding Carton Market segmentation, based on type, includes Standard Carton and Aseptic Carton. The aseptic carton segment dominates the market, accounting for the largest market revenue due to its unique ability to maintain freshness and extend the shelf life of liquid products without the need for refrigeration. These cartons are designed to protect contents from contamination, allowing for the packaging of a wide range of products such as dairy, juices, and soups. The aseptic packaging process involves sterilizing both the carton and its contents separately, ensuring a sterile environment and reducing the need for preservatives. As consumer demand for convenient, long-lasting, and environmentally friendly packaging grows, aseptic cartons, with their lightweight, recyclable paperboard construction, continue to be a preferred choice in the market.
Paperboard Folding Carton Application Insights
The Paperboard Folding Carton Market segmentation, based on application, includes Consumer Goods, Food & beverage, Electrical and electronic, Healthcare, Cosmetic and Personal Care, and Others. The food & beverage category dominates the market due to the versatile and customizable nature of the packaging, catering to diverse product shapes and sizes within the industry. Paperboard folding cartons provide an ideal solution for brand visibility, ensuring that food and beverage products stand out on retail shelves with ample space for attractive graphics and product information. Additionally, the eco-friendly and sustainable characteristics of paperboard align with the increasing consumer demand for environmentally responsible packaging choices in the food and beverage sector. The lightweight yet sturdy nature of paperboard folding cartons also facilitates cost-effective transportation and storage, further contributing to their prominence in the market. The Electrical and electronic market segment is the fastest-growing due to the increasing demand for consumer electronics, like smartphones, tablets, and laptops, which are often packaged in folding cartons.
Figure 1: Paperboard Folding Carton Market, by Application, 2022 & 2032 (USD Billion)

Source: The Secondary Research, Primary Research, Market Research Future Database and Analyst Review
Paperboard Folding Carton Regional Insights
By region, the study gives market insights into the North America, Europe, Asia-Pacific, and the Rest of the World. The North American Paperboard Folding Carton market area dominates this market due to the region's well-established and thriving food and beverage industry, which is a major consumer of this packaging type. Additionally, stringent regulations promoting sustainable and recyclable packaging in North America align with the eco-friendly characteristics of paperboard folding cartons.
Further, the prime countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, Japan, China, India, Australia, South Korea, and Brazil.
Figure 2: PAPERBOARD FOLDING CARTON MARKET SHARE BY REGION 2022 (USD Billion)

Source: The Secondary Research, Primary Research, Market Research Future Database and Analyst Review
Europe's Paperboard Folding Carton market accounts for the second-largest market share due to the growing emphasis on sustainable packaging practices and environmental responsibility, coupled with stringent regulations promoting recyclability and eco-friendly materials. Further, the German Paperboard Folding Carton market held the largest market share, and the UK Paperboard Folding Carton market was the fastest-growing market in the European region.
The Asia-Pacific Paperboard Folding Carton Market is expected to grow at the fastest CAGR from the year 2023 to 2032. This is due to the region's robust economic growth, increasing consumer demand for sustainable packaging solutions, and the expanding food and beverage industry. Moreover, China’s Paperboard Folding Carton market held the largest market share, and the Indian Paperboard Folding Carton market was the fastest-growing market in the Asia-Pacific region.
Paperboard Folding Carton Key Market Players & Competitive Insights
Leading market players are investing heavily in the research and development in order to expand their product lines, which will help the Paperboard Folding Carton market grow even more. Market players are also undertaking a variety of strategic activities to spread their global footprint, with important market developments including mergers and acquisitions, new product launches, contractual agreements, higher investments, and collaboration with other organizations. To spread and survive in a more competitive and rising market climate, the Paperboard Folding Carton industry must offer cost-effective items.
Manufacturing locally to minimize the operational costs is one of the key business tactics used by the manufacturers in the global Paperboard Folding Carton industry to benefit the clients and increase the market sector. In recent years, the Paperboard Folding Carton industry has offered some of the most significant advantages to different industries. Major players in the Paperboard Folding Carton market, including WestRock Company, Graphic Packaging International LLC, International Paper Company, Smurfit Kappa Group, Sonoco Products Company, Mondi Group, Mayr-Melnhof Karton AG, West Fraser Timber Co. Ltd., Elopak, Huhtamaki Oyj, and others, are trying to increase market demand by investing in the research and development operations.
Graphic Packaging International is a leading global provider of paper-based packaging solutions. The company specializes in the design and manufacturing of folding cartons, beverage packaging, and other paperboard-based products. Graphic Packaging International serves a diverse range of industries, inclusive of the food and beverage, consumer goods, and healthcare. The company is known for its innovative packaging designs that enhance brand visibility and appeal. With a commitment to sustainability, Graphic Packaging International has been actively involved in producing eco-friendly packaging solutions to meet the surging demand for the environmentally responsible practices in the packaging industry. In September 2023, Graphic Packaging International (GPI) acquired Specialty Folding Carton, a producer of high-end folding cartons based in the United States. The acquisition will strengthen GPI's position in the premium folding carton market.
Sonoco Products Company, headquartered in Hartsville, South Carolina, is a global provider of diversified consumer packaging, industrial products, and packaging supply chain services. With a history dating back to 1899, Sonoco has established itself as a leading player in the packaging industry. The company operates in various sectors, including paper and industrial converted products, consumer packaging, and protective solutions. Sonoco is known for its innovative packaging solutions that cater to a vast range of industries, including food and beverage, healthcare, and industrial markets. The company's commitment to the sustainability is evident through its focus on developing eco-friendly packaging options. In August 2023, Sonoco Products Company acquired The Ellwood Company, a producer of folding cartons and other packaging solutions based in the United States. The acquisition will expand Sonoco's product portfolio and customer base.
Key Companies in the Paperboard Folding Carton market include
- Graphic Packaging International LLC
- International Paper Company
- West Fraser Timber Co. Ltd.
Paperboard Folding Carton Industry Developments
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Q2 2024: Graphic Packaging International to Invest $180 Million in New Folding Carton Plant in Texas Graphic Packaging International announced plans to invest $180 million in a new state-of-the-art folding carton manufacturing facility in Waco, Texas, expected to be operational by late 2025. The facility will expand the company’s capacity to serve food, beverage, and consumer product customers.
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Q2 2024: WestRock Announces Leadership Transition as CEO David Sewell Steps Down WestRock announced that CEO David Sewell will step down, and the board has appointed John O’Neal as interim CEO, effective June 1, 2024. The leadership change comes as the company continues to focus on its core paperboard and folding carton business.
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Q2 2024: Huhtamaki inaugurates new paperboard packaging facility in Malaysia Huhtamaki officially opened a new paperboard folding carton manufacturing facility in Malaysia, expanding its presence in Southeast Asia and increasing its capacity to supply sustainable packaging solutions to food and consumer goods companies.
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Q2 2024: Stora Enso launches new renewable paperboard for folding carton applications Stora Enso introduced a new renewable paperboard product designed for folding carton packaging, targeting the food and cosmetics sectors. The launch supports the company’s strategy to offer sustainable alternatives to plastic packaging.
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Q3 2024: Amcor completes acquisition of Moda Systems, expanding folding carton automation capabilities Amcor announced the completion of its acquisition of Moda Systems, a provider of automated packaging equipment, to enhance its folding carton production and automation capabilities for global customers.
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Q3 2024: Mayr-Melnhof Group invests €50 million in expansion of folding carton plant in Poland Mayr-Melnhof Group announced a €50 million investment to expand its folding carton manufacturing plant in Poland, increasing production capacity to meet growing demand in Central and Eastern Europe.
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Q3 2024: Georgia-Pacific to open new folding carton converting facility in Ohio Georgia-Pacific announced plans to open a new folding carton converting facility in Ohio, which will focus on producing custom paperboard packaging for food and beverage customers in the Midwest.
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Q4 2024: Smurfit Kappa launches new e-commerce ready folding carton range Smurfit Kappa introduced a new range of folding carton packaging specifically designed for e-commerce applications, offering enhanced durability and print customization for online retailers.
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Q4 2024: Rengo Co., Ltd. acquires majority stake in Vietnamese folding carton producer Rengo Co., Ltd. announced the acquisition of a majority stake in a leading Vietnamese folding carton manufacturer, expanding its footprint in Southeast Asia and strengthening its supply chain in the region.
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Q1 2025: Oji Holdings opens new folding carton R&D center in Japan Oji Holdings inaugurated a new research and development center focused on innovative folding carton materials and sustainable packaging solutions, aiming to accelerate product development for global markets.
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Q1 2025: Bell Incorporated announces partnership with major U.S. food brand for sustainable folding carton packaging Bell Incorporated entered into a partnership with a major U.S. food brand to supply sustainable folding carton packaging for a new product line, emphasizing recyclable and renewable materials.
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Q2 2025: Schur Pack Germany GmbH expands folding carton production capacity with new Heidelberg press Schur Pack Germany GmbH installed a new Heidelberg printing press at its facility, increasing its folding carton production capacity and enhancing print quality for European customers.
Paperboard Folding Carton Market Segmentation
Paperboard Folding Carton Type Outlook
Paperboard Folding Carton Application Outlook
Paperboard Folding Carton Regional Outlook
Report Attribute/Metric |
Details |
Market Size 2024 |
82,687.22 Million |
Market Size 2025 |
86,657.88 Million |
Market Size 2034 |
1,32,170.67 Million |
Compound Annual Growth Rate (CAGR) |
4.80% (2025-2034) |
Base Year |
2024 |
Market Forecast Period |
2025-2034 |
Historical Data |
2020- 2024 |
Market Forecast Units |
Value (USD Million) |
Report Coverage |
Revenue Forecast, The Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Application, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, Germany, France, UK, Italy, Spain, Japan, China, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
WestRock Company, Graphic Packaging International LLC, International Paper Company, Smurfit Kappa Group, Sonoco Products Company, Mondi Group, Mayr-Melnhof Karton AG, West Fraser Timber Co. Ltd., Elopak, Huhtamaki Oyj |
Key Market Opportunities |
·      Rising preference for convenient and innovative packaging formats. |
Key Market Dynamics |
·      Increased demand for the sustainable and eco-friendly packaging solutions. |
Paperboard Folding Carton Market Highlights:
Frequently Asked Questions (FAQ):
The Paperboard Folding Carton Market size was valued at 82,687.22 Million in 2024.
The global market is foreseen to rise at a CAGR of 4.8% during the forecast period, 2025-2034.
North America held the biggest share of the global market
The key players in the market are WestRock Company, Graphic Packaging International LLC, International Paper Company, Smurfit Kappa Group, Sonoco Products Company, Mondi Group, Mayr-Melnhof Karton AG, West Fraser Timber Co. Ltd., Elopak, Huhtamaki Oyj.
The aseptic carton category dominated the market in 2022.
The food & beverage had the largest revenue share in the global market.