Converted Paper Products Market Report 2026

The converted paper products market size has grown strongly in recent years. It will grow from $639.89 billion in 2025 to $683.43 billion in 2026 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to expansion of packaging and wrapping applications, growth of food service paper consumption, rising demand for hygiene paper products, adoption of paper-based alternatives to plastics, expansion of commercial printing activities.

The converted paper products market size is expected to see strong growth in the next few years. It will grow to $915.96 billion in 2030 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing investments in sustainable packaging solutions, rising demand for recyclable paper products, expansion of paper-based food packaging, growing regulatory pressure on plastic usage, increasing focus on circular paper economy. Major trends in the forecast period include increasing adoption of recyclable paper-based packaging, rising demand for coated and treated paper products, growing use of sustainable food packaging materials, expansion of sanitary and hygiene paper products, enhanced focus on lightweight paper conversions.

Increasing demand for online shopping is expected to drive the growth of the converted paper products manufacturing market. E-commerce allows manufacturers to reach a wider geographic customer base, expanding their market presence and boosting product sales. For instance, in August 2024, the U.S. Census Bureau reported that U.S. retail e-commerce sales totaled $282.3 billion in the second quarter of 2024, representing a 5.3% increase (±0.7) from the first quarter of 2023. Therefore, the rising demand for online shopping is propelling the growth of the converted paper products market.

The growing popularity of food delivery services is another key driver for the market. Food delivery services involve transporting meals from restaurants, stores, or independent delivery companies to customers’ locations. Converted paper products, such as corrugated boxes, paper bags, and cartons, are essential for maintaining food freshness and temperature during transit. For example, in September 2023, Bloomberg Second Measure reported that combined sales of major meal delivery services increased by 6% year-on-year. Consequently, the expansion of food delivery services is supporting demand for converted paper packaging solutions.

Sustainability trends are shaping product innovation in the market, with companies focusing on environmentally friendly packaging. One such example is the development of paper outer bags, which replace traditional plastic packaging and enhance recyclability. In October 2023, Walkers, a UK-based snack company, launched paper outer bags for its Baked crisps range. This initiative aims to reduce virgin plastic usage by 180 tonnes annually while providing a packaging option that can be widely recycled in home recycling bins. Such efforts reflect the industry’s commitment to sustainable and eco-friendly packaging solutions.

Major companies operating in the converted paper products market are WestRock Company, International Paper Company, Kimberly Clark Corporation, Essity AB, Georgia-Pacific LLC, Smurfit Kappa Group PLC, Stora Enso Oyj, Oji Holdings Corporation, UPM-Kymmene Corporation, DS Smith plc, Graphic Packaging Holding Company, Mondi Group, Nippon Paper Industries Co. Ltd., Packaging Corporation of America, Sonoco Products Company, Domtar Corporation, Cascades Inc., Ahlstrom-Munksjö Oyj, Metsä Group, Burgo Group S.p.A., SCA Group, Clearwater Paper Corporation, Svenska Cellulosa AB, Cenveo Corporation, Kruger Inc., Wausau Paper Corp., Daio Paper Corporation, Delta Paper Mills Limited, Evergreen Packaging LLC, Finch Paper LLC, Glatfelter Corporation, Hokuetsu Corporation, Huhtamaki Oyj, KapStone Paper and Packaging Corporation, Long Chen Paper Co. Ltd.

Asia-Pacific was the largest region in the converted paper products market in 2025. North America was the second largest region in the converted paper products market. The regions covered in the converted paper products market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the converted paper products market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The market for converted paper products consists of sales of kraft bags, corrugated paperboard, and linerboard. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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