Market Overview

According to Fortune Business Insights, the global cartonboard market size was valued at USD 68.93 billion in 2025. The market is projected to grow from USD 72.21 billion in 2026 to USD 110.40 billion by 2034, exhibiting a CAGR of 5.45% during the forecast period. North America dominated the cartonboard market with a market share of 38.11% in 2025.

Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled “Cartonboard Market, 2026-2034.”

The analysis shows that the market is growing due to rising regulatory limits on single-use plastics and a strong consumer preference for recyclable, fiber-based packaging. Key industry players are focusing on developing innovative products to meet the increasing demand from the food, beverage, healthcare, and consumer goods sectors.

Major Players Profiled in the Market Report:

• Stora Enso Oyj (Finland)
• Mayr-Melnhof Karton AG (Austria)
• Nine Dragons Paper Holdings Limited (China)
• Smurfit Westrock (Ireland)
• International Paper Company (U.S.)
• Metsä Board Corporation (Finland)
• Pankaboard Oyj (Finland)
• Klabin S.A. (Brazil)
• Oji Holdings Corporation (Japan)
• Rengo Co., Ltd. (Japan)
• Mondi plc (U.K.)
• Georgia-Pacific LLC (U.S.)
• Clearwater Paper Corporation (U.S.)
• Sappi Limited (South Africa)
• Holmen AB (Sweden)