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Home Market Reports The Future of Corrugated Packaging to 2031

The Future of Corrugated Packaging to 2031

This report provides an in-depth analysis of the global corrugated packaging market to 2031, examining growth drivers, sustainability trends, regional demand shifts, and strategic opportunities across Asia-Pacific, Europe, the Americas, and MEA.
  • Between 2026 and 2031 the market can expect to see a growth rate of 2.0% CAGR (value)
  • In 2026, the corrugated market is valued at $121 billion on a converted-box basis
  • The market is projected to reach approximately $133 billion by 2031 

Corrugated is forecast to return to modest growth following a period of high volatility; the market is undergoing a structural reset caused by a combination of consumer, regulatory and supply chain trends. 

E-commerce growth, sustainability regulation, and shifting consumer habits are transforming the corrugated board market, creating both pressure and opportunity for businesses across the value chain. This report provides unparalleled detail on a market in recovery, with Asia Pacific driving volume gains, MEA delivering the highest growth rates, and Europe remaining flat. 

Underpinned by extensive primary and secondary research, it features over 300 data tables and figures segmented by board grade, end-use application, and geography. It provides essential reading for raw material suppliers, packaging manufacturers, end-users, and industry analysts seeking a definitive view of where this market is heading. 

Key questions answered within this report

  • After an era of volatility, what is underpinning the corrugated market's return to modest but consistent growth?
  • How is the corrugated market responding to tightening sustainability standards and evolving regulation?
  • As paperisation reshapes packaging choices, what does this mean for the corrugated market?
  • How is the corrugated market adapting to shifting consumer habits and purchasing patterns?
  • How has de-stocking activity affected demand and output across the corrugated market?

Meet the expert behind the report

Eric Chartrain has 38 years of experience in the pulp, paper, and fibre-based packaging industries, specialising in strategy, M&A, and business transformation. He has a strong track record of delivering top- and bottom-line growth through complex organisational change, while building collaborative, high-performing teams. With board-level experience and deep sector knowledge, Eric brings authoritative insight to the challenges and opportunities facing the global packaging sector.

About Smithers Market Intelligence

Smithers high quality data and analysis is built on primary research and written by genuine industry experts with deep subject matter knowledge. Our reports are now delivered in a PowerPoint format so you can easily access and digest the information you require, but still include a full data set and in-depth analysis. The Latest Data Guarantee ensures that you are kept up-to-date with any major industry changes. As part of your report purchase, we'll update the data set, market forecasts and/or analysis if there are any major industry updates within a 12-month period after the report is published. 

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