Paperboard market companies | Top Market Leaders 2025

Code: MTA3982 Publication Date: Jun 2025

Paperboard market companies

The Global Paperboard Market is expected to grow from about USD 417 billion in 2024 to approximately USD 528.5 billion by 2031, to achieve roughly 4.7% compound annual growth rate (CAGR). Key growth factors include the rapid growth of e-commerce, the increase in demand for food and beverage packaging, and recent restrictive legislation that creates an advantage for recyclable materials.

In addition, the transition from plastic to eco-friendly materials is an essential driver because companies and consumers demand sustainable packaging. Innovation in printing technology and brand-centric packaging is also impacting growth, as companies seek to differentiate products while remaining in compliance with policies and sustainable systems or practices. Further, the structure of paperboard provides a good strength-to-weight ratio, thus reducing costs associated with transportation and storage while providing the protective and durability functions required.

List of the Top Paperboard market companies

1. WestRock Company

Company NameWestRock Company
Establishment Year2015
HeadquarterAtlanta, Georgia, USA
Official WebsiteClick Here

Specializes in sustainable packaging solutions including paperboard, folding cartons, and corrugated packaging across consumer goods and healthcare markets 

2. Mondi Group

Company NameMondi Group
Establishment Year1967
HeadquarterVienna, Austria
Official WebsiteClick Here

A global packaging and paper company focused on containerboard and sustainable paperboard; is now merging with DS Smith to create Europe’s largest corrugated producer 

3. DS Smith plc

Company NameDS Smith plc
Establishment Year1940
HeadquarterLondon, United Kingdom
Official WebsiteClick Here

Provider of corrugated packaging and containerboard, serving major retailers via recycled and sustainable paperboard solutions 

4. International Paper Company

Company NameInternational Paper Company
Establishment Year1898
HeadquarterMemphis, Tennessee, USA
Official WebsiteClick Here

A global leader in containerboard and corrugated packaging, serving packaging, pulp, and forest products industries with a vertically integrated business model 

5. Stora Enso Oyj

Company NameStora Enso Oyj
Establishment Year1998
HeadquarterHelsinki, Finland
Official WebsiteClick Here

Provides wood products, paper, and packaging solutions, including paperboard; notable for forming partnerships in containerboard .

6. Svenska Cellulosa Aktiebolaget (SCA)

Company NameSvenska Cellulosa Aktiebolaget (SCA)
Establishment Year1929
HeadquarterSundsvall, Sweden
Official WebsiteClick Here

Produces forest-based products, including containerboard and packaging materials, with a focus on renewable and sustainable practices .

7. Nippon Paper Industries Co., Ltd.

Company NameNippon Paper Industries Co., Ltd.
Establishment Year1949
HeadquarterTokyo, Japan
Official WebsiteClick Here

A major Japanese producer of paperboard, packaging, and pulp, investing heavily in high-performance containerboard 

8. Oji Holdings Corporation

Company NameOji Holdings Corporation
Establishment Year1893
HeadquarterTokyo, Japan
Official WebsiteClick Here

One of the world’s largest paper and paperboard manufacturers, producing packaging, containerboard, and forest products 

9. Smurfit Kappa Group

Company NameSmurfit Kappa Group
Establishment Year1934
HeadquarterDublin, Ireland
Official WebsiteClick Here

A leading paperboard and packaging group delivering containerboard, corrugated solutions, and folding cartons across Europe and the Americas .

10. ITC Limited

Company NameITC Limited
Establishment Year1910
HeadquarterGurugram, Haryana, India
Official WebsiteClick Here

Diversified conglomerate with a strong packaging division producing paperboard and specialty packaging for FMCG customers .

11. Graphic Packaging Holding Company

Company NameGraphic Packaging Holding Company
Establishment Year1997 (via merger)
HeadquarterAtlanta, Georgia, USA
Official WebsiteClick Here

Manufactures fiber-based packaging including paperboard for consumer goods; recently adjusted its guidance due to weaker open-market paperboard sales wsj.com.

12. Sonoco Products Company

Company NameSonoco Products Company
Establishment Year1899
HeadquarterHartsville, South Carolina, USA
Official WebsiteClick Here

Creates paperboard-based packaging and containers; recently raised prices in North America and Europe due to rising raw material costs .

13. JK Paper Ltd.

Company NameJK Paper Ltd.
Establishment Year1960
HeadquarterNew Delhi, India
Official WebsiteClick Here

Prominent Indian paper and packaging player producing writing, printing, and packaging paper, including paperboard; industry consolidation expected to impact growth

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