Asia Pacific Paper Packaging Market Size, Share, and COVID-19 Impact Analysis, By Grade (Recycled and Virgin), By Material (Corrugated Boxes, Folding Cartons, Paper Bags & Sacks, and Others), By Application (Food & Beverages, Healthcare, Personal Care & Cosmetics, Consumer Goods, E-commerce & Retail, and Industrial Packaging), and Asia Pacific Paper Packaging Market Insights, Industry Trend, Forecasts to 2035

Asia Pacific Paper Packaging Market Insights Forecasts to 2035

• The Asia Pacific Paper Packaging Market Size was Estimated at USD 176.1 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 4.88% from 2025 to 2035
• The Asia Pacific Paper Packaging Market Size is Expected to Reach USD 297.5 Billion by 2035

The Asia Pacific Paper Packaging Market Size is Anticipated to Reach USD 297.5 Billion By 2035, Growing at a CAGR of 4.88% from 2025 to 2035. The rise in e-commerce sales, driving demand for folding cartons, emphasis on recycled paper, and growing share of healthcare & cosmetic segments are driving the paper packaging market in the Asia Pacific region.

Market Overview

The Asia Pacific paper packaging market refers to the production, sale, and use of packaging materials made from paper and paperboard for various products. Paper packaging includes the use of paper-based materials, such as cardboard, paperboard, and paper bags, for protecting and containing various goods. It offers a versatile and sustainable packaging solution for transporting and protecting a wide range of products such as groceries, medicine, animal feed, and cement. It is an attractive alternative to plastic and other non-biodegradable materials. An increasing demand for sustainable packaging solutions, with the growing preference for eco-friendly options, is driving the paper packaging market demand. An increasing need for sustainable packaging, the growth of e-commerce, and advancements in packaging technologies are the key factors that are escalating the market growth opportunities.

Report Coverage

This research report categorizes the market for the Asia Pacific paper packaging market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific paper packaging market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific paper packaging market.

Driving Factors

The rise in e-commerce sales in the region, owing to factors including increasing smartphone use, mobile commerce adoption, and evolving online shopping habits, is contributing to driving the paper packaging market. The driving demand for foldable cartons due to their ease of opening and reclosing designs is responsible for driving the market growth of paper packaging. Emphasis on recycled paper due to factors including tightening environmental regulations, corporate sustainability commitments, and cost efficiencies in recycling technologies is contributing to driving market growth. The increasing use of paper packaging in the healthcare and cosmetic sectors propels the market growth.

Restraining Factors

The fluctuation in raw material prices owing to the challenges associated with raw materials availability is challenging the paper packaging market. Further, the durability concerns and the need for more robust protective solutions for heavier goods are hindering the market.

Market Segmentation

The Asia Pacific paper packaging market share is classified into grade, material, and application.

• The recycled segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific paper packaging market is segmented by grade into recycled and virgin. Among these, the recycled segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The inclination towards eco-friendly paper packaging and the use of non-recyclable materials, along with increasing interest in personalized gifting solutions, is propelling the market in the recycled segment.

• The corrugated boxes segment held the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific paper packaging market is segmented by material into corrugated boxes, folding cartons, paper bags & sacks, and others. Among these, the corrugated boxes segment held the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. Technological advancements, including the digitalization of the paper-based packaging industry, are contributing to driving the market growth in the corrugated boxes segment.

• The food & beverages segment dominated the market with the largest share in 2024 and is anticipated to grow at a significant CAGR during the projected period.

The Asia Pacific paper packaging market is segmented by application into food & beverages, healthcare, personal care & cosmetics, consumer goods, e-commerce & retail, and industrial packaging. Among these, the food & beverages segment dominated the market with the largest share in 2024 and is anticipated to grow at a significant CAGR during the projected period. Various forms of paper packaging used in the food & beverage sector include takeaway containers and beverage cartons, snack packaging, and even contact paper such as greaseproof and parchment paper.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific paper packaging market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• SCG Packaging PCL
• International Paper Company
• Sarnti Packaging Co., Ltd.
• Oji Holdings Corporation
• Mondi Group
• Huhtamaki Oyj
• Harta Packaging Industries (Selangor) Sdn Bhd
• Nine Dragons Paper (Holdings) Limited
• Hong Thai Packaging Company Limited
• New Asia Industries Co. Ltd (Rengo Co. Ltd)
• C&H Paperbox (Thailand) Co. Ltd
• Continental Packaging (Thailand) Co. Ltd
• Smurfit WestRock plc
• Others

Recent Developments:

• In October 2024, Detmold Group, a sustainable packaging manufacturer, appointed Orchard as its digital agency following a competitive pitch. Orchard is set to oversee the digital creative operations across Detmold Group’s businesses, including Detpak and Paperpak.
• In July 2024, Singapore-headquartered VektroPack, has launched kerbside recyclable paper-based packaging for Coles Bake & Create and Simply Baking chocolate range.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Asia Pacific, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Asia Pacific Paper Packaging Market based on the below-mentioned segments:

Asia Pacific Paper Packaging Market, By Grade

• Recycled
• Virgin

Asia Pacific Paper Packaging Market, By Material

• Corrugated Boxes
• Folding Cartons
• Paper Bags & Sacks
• Others

Asia Pacific Paper Packaging Market, By Application

• Food & Beverages
• Healthcare
• Personal Care & Cosmetics
• Consumer Goods
• E-commerce & Retail
• Industrial Packaging