Paper Packaging Market Driven by Increased Use in Frozen Food Segment
The global paper packaging market was valued at approximately USD 397,518.0 million in 2024, and it is forecasted to reach about USD 527,115.2 million by 2030, growing at a compound annual growth rate (CAGR) of 4.8% over the 2025–2030 period. The demand for environmentally sustainable packaging solutions is a major driver of this growth, as consumers and companies alike are increasingly turning away from plastic and non‐biodegradable materials. Key Market Trends & Insights In 2024, North America accounted for around 23.2% of the global paper packaging market’s revenue share. The United States was the dominant country within North America during that year. By grade, recycled paper held the largest portion in 2024, making up about 55.7% of the market. Among materials, corrugated boxes claimed the largest revenue share in 2024. By application, the food & beverages category led the global paper packaging market in 2024. Market Size & Forecast Market size in 2024 wa...