The Business-to-Business (B2B) Packaging Market is undergoing a significant transformation, with robust growth projected between 2025 and 2034. Driven by the surge in global trade, industrial manufacturing, e-commerce, and sustainability goals, this market is evolving quickly with innovation in materials and packaging formats.
In 2024, Asia Pacific led the global B2B packaging market, accounting for 45% of the total revenue. Paper and paperboard (corrugated) packaging held the largest share by material, while flexible packaging formats dominated the format segment with 60% revenue. Looking forward, recycled and biodegradable materials and modular packaging systems are expected to grow at a remarkable pace.
Asia Pacific held the largest market share (45%) in 2024.
Paper and paperboard (corrugated) led with 45% revenue share by material.
Flexible packaging dominated with 60% of revenue by format.
Recycled and biodegradable materials and modular packaging formats to grow at notable CAGRs through 2034.
About: A global leader in responsible packaging solutions, Amcor operates in over 40 countries.
Products: Specializes in flexible packaging, rigid containers, closures, and services for food, beverage, pharmaceuticals, and personal care.
Market Cap: Approx. $13 billion (as of 2025).
About: Headquartered in the UK and Austria, Mondi is a global player in packaging and paper.
Products: Offers sustainable packaging solutions including containerboard, corrugated packaging, and industrial bags.
Market Cap: Around $9 billion.
About: One of the largest paper-based packaging companies in the world, based in Ireland.
Products: Focuses on corrugated packaging, containerboard, and bag-in-box solutions.
Market Cap: Over $12 billion.
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About: A U.S.-based multinational and one of the world’s leading producers of fiber-based packaging and pulp.
Products: Manufactures containerboard, corrugated containers, and recycling solutions.
Market Cap: Approx. $14 billion.
About: A leading plastic packaging and engineered materials manufacturer headquartered in Indiana, USA.
Products: Produces flexible and rigid packaging, including specialty containers and films.
Market Cap: About $7 billion.
About: A British-based provider of sustainable corrugated packaging and recycling services.
Products: Offers retail-ready packaging, industrial packaging, and e-commerce boxes.
Market Cap: Around $6 billion.
About: A U.S. company known for industrial packaging products and services globally.
Products: Offers steel and plastic drums, intermediate bulk containers (IBCs), and paper packaging.
Market Cap: Close to $4 billion.
About: Renowned for inventing Bubble Wrap®, the company focuses on packaging solutions that protect goods and reduce waste.
Products: Specializes in automated packaging systems, protective films, and food packaging.
Market Cap: Approx. $6 billion.
About: A global provider of consumer and industrial packaging headquartered in the U.S.
Products: Offers composite cans, flexible packaging, reels, and protective solutions.
Market Cap: Around $5.5 billion.
About: One of the world’s largest paper and packaging companies, based in Atlanta, Georgia.
Products: Specializes in corrugated packaging, containerboard, and paperboard cartons.
Market Cap: Over $11 billion.
About: A leading U.S. producer of containerboard and corrugated packaging products.
Products: Manufactures boxes, displays, and specialty packaging tailored for industrial use.
Market Cap: Estimated at $12 billion.
Smart Packaging: Integration of sensors, RFID, and QR codes for real-time tracking.
Sustainability: Strong momentum behind recycled, biodegradable, and reusable materials.
Modular Systems: Reusable and standardized designs for supply chain efficiency.
E-commerce Boom: Packaging innovation driven by rapid online order fulfillment.
Customization and Automation: Tailored designs and robotic packing systems enhance operational efficiency.
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Q1. What is driving the growth of the B2B packaging market?
A1. Growth in global trade, industrialization, e-commerce expansion, and sustainability efforts are the main growth drivers.
Q2. Which region leads the B2B packaging market?
A2. Asia Pacific dominates the market with a 45% revenue share in 2024.
Q3. What material types are gaining traction in the market?
A3. Paper and paperboard lead currently, while recycled and biodegradable materials are growing fastest.
Q4. Who are the top companies in the B2B packaging industry?
A4. Key players include Amcor, Mondi, Smurfit Kappa, International Paper, and Berry Global among others.
Q5. What are the most in-demand packaging formats?
A5. Flexible packaging holds the largest share, but reusable and modular packaging formats are expanding rapidly.
Source : https://www.towardspackaging.com/insights/business-to-business-b2b-packaging-market-sizing
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