Converting Paper Market

By Pulp Type;

Chemical Pulp, Mechanical Pulp, Recycled Pulp and Others

By Application;

Packaging, Printing & Publication, Tissues & Hygiene Products, Labels & Stickers and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn739128714 Published Date: October, 2025 Updated Date: November, 2025

Converting Paper Market Overview

Converting Paper Market (USD Million)

Converting Paper Market was valued at USD 423,328.68 million in the year 2024. The size of this market is expected to increase to USD 486,271.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.0%.


Converting Paper Market

*Market size in USD million

CAGR 2.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)2.0 %
Market Size (2024)USD 423,328.68 Million
Market Size (2031)USD 486,271.59 Million
Market ConcentrationHigh
Report Pages307
423,328.68
2024
486,271.59
2031

Major Players

  • American Eagle Paper Mills
  • Georgia-Pacific
  • International Paper
  • Domtar Corporation
  • Gemini Graaphics Pvt. Ltd
  • JK Paper
  • Billerud Americas Corporation
  • Burgo Group S.p.A.
  • Paper Excellence
  • Cascades Inc.
  • Finch Paper LLC
  • Stora Enso
  • Canfor Clearwater Paper Corporation
  • Twin Rivers Paper Company
  • WestCoast Paper Mills
  • CROWN PAPER CONVERTING
  • Nippon Paper Industries Co., Ltd.
  • UPM

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Converting Paper Market

Fragmented - Highly competitive market without dominant players


The Converting Paper Market is expanding rapidly as industries increasingly prioritize sustainable packaging, efficient labeling, and advanced printing solutions. More than 45% of current operations are directed toward packaging, highlighting the sector’s strong response to rising e-commerce and consumer demand for eco-friendly formats.

Market Dynamics Driving Expansion
Growth is being accelerated by customized packaging trends and the growing preference for high-quality branded labels. Around 40% of converters have upgraded their machinery, improving consistency and productivity. At the same time, online retail has boosted packaging applications of converting paper by over 30%, making it a core growth driver.

Role of Innovation and Technology
Innovations in digital printing and automation are revolutionizing workflows, with nearly 50% of businesses integrating smart technologies. These advancements not only cut costs and waste but also enable faster adaptation to consumer needs, reinforcing the industry’s competitiveness.

Sustainability as a Core Focus
A strong push for sustainable practices is reshaping market priorities, with over 55% of producers incorporating recycled and lightweight paper into operations. This eco-friendly direction is now seen as essential, aligning with global sustainability movements and consumer expectations.

Future Growth Prospects
Looking ahead, more than 60% of companies plan to boost investments in converting paper technologies. Ongoing research and partnerships are likely to broaden applications across diverse sectors, ensuring a robust growth path for the Converting Paper Market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Pulp Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Converting Paper Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Packaging Industry
        2. Rising Demand for Sustainable Solutions
        3. Urbanization and Industrialization
        4. Changing Consumer Lifestyles
        5. Regulatory Support for Recycling
      2. Restraints
        1. Easy Availability of Alternative Materials
        2. Supply Chain Disruptions
        3. Technological Barriers and Investments
        4. Slow Adoption of Digitalization
      3. Opportunities
        1. Focus on Sustainability
        2. Collaboration and Partnerships
        3. Focus on Health and Hygiene
        4. Diversification and Product Differentiation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Converting Paper Market, By Pulp Type, 2021 - 2031 (USD Million)
      1. Chemical Pulp
      2. Mechanical Pulp
      3. Recycled Pulp
      4. Others
    2. Converting Paper Market, By Application, 2021 - 2031 (USD Million)
      1. Packaging
      2. Printing & Publication
      3. Tissues & Hygiene Products
      4. Labels & Stickers
      5. Others
    3. Converting Paper Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. International Paper
      2. Georgia-Pacific
      3. Stora Enso
      4. UPM
      5. Domtar
      6. Smurfit Kappa
      7. Mondi Group
      8. Cascades
      9. Kimberly-Clark
      10. Oji Holdings
      11. Burgo Group
      12. BillerudKorsnäs
      13. Nippon Paper Industries
      14. WestRock
      15. Canfor
  7. Analyst Views
  8. Future Outlook of the Market