PUBLISHER: The Business Research Company | PRODUCT CODE: 1668699
PUBLISHER: The Business Research Company | PRODUCT CODE: 1668699
Wood packaging involves the use of wood materials for packing, transporting, handling, preserving, presenting, and adding value to various products such as fruits, vegetables, seafood, fish, spirits, and wines. It serves as an environmentally friendly option, contributing to the reduction of the carbon footprint.
The primary categories of wood packaging include pallets, boxes and bins, crates and cases, spools, and dunnage. Pallets, which are platforms made of wood or metal, provide a means to store items, facilitating lifting and transfer by forklift trucks. Wood packaging materials, including hardwood, softwood, and plywood, are utilized for a variety of applications, such as storage and transportation of food and beverages, industrial purposes, shipping, and more.
The wood packaging market research report is one of a series of new reports from The Business Research Company that provides wood packaging market statistics, including the wood packaging industry's global market size, regional shares, competitors with a wood packaging market share, detailed wood packaging market segments, market trends and opportunities, and any further data you may need to thrive in the wood packaging industry. This wood packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The wood packaging market size has grown steadily in recent years. It will grow from$12.34 billion in 2024 to $12.95 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to traditional packaging methods, regulatory compliance, preference for sustainable packaging, strength and durability requirements, cost-effectiveness, global trade expansion
The wood packaging market size is expected to see strong growth in the next few years. It will grow to $16.57 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to circular economy initiatives, e-commerce expansion, innovations in wood treatment, regulatory support for sustainable practices, consumer perception and branding. Major trends in the forecast period include sustainable sourcing and eco-friendly practices, technological advancements, customization and design innovation, circular economy initiatives, stringent regulations and compliance.
The rising popularity of sustainable and environment-friendly packaging is expected to propel the wood packaging market. Sustainable packaging refers to eco-friendly material used to ship, wrap, and store products. Consumers across the world are showing interest in sustainable packaging that is recyclable and environmentally friendly, and wood packaging is one of the sustainable packaging alternatives. For instance, in September 2024, according to the Department for Environment, Food & Rural Affairs, a UK-based government agency, an estimated in 2023, the recycling rate for packaging waste in the UK rose to 64.8%, up from 62.4% in 2022. Therefore, the rising popularity of sustainable and environment-friendly packaging drives the wood packaging market.
The expanding e-commerce sector is expected to drive the growth of the wood packaging market in the future. E-commerce involves the buying and selling of goods and services, as well as the transmission of funds or data, over an electronic network, primarily the internet. Wood packaging is vital to the e-commerce sector because it offers a cost-effective, durable, and environmentally friendly option for shipping heavy and large products. Additionally, wood packaging is space-efficient, allowing items to be stacked during shipment, which helps reduce transportation costs. For example, in April 2024, the European Commission, a governing body in Belgium responsible for implementing decisions and upholding EU treaties, reported that among individuals aged 16-74 surveyed, 92% used the internet in the past year, with 70% making purchases, reflecting a 2% increase from 2022. Furthermore, 75% of EU internet users bought items online in 2023, underscoring the ongoing growth of e-commerce. Therefore, the rising e-commerce sector is fueling the growth of the wood packaging market.
Technological advancement stands out as a significant trend in the wood packaging market, with major companies actively pursuing new technologies and engaging in research and development. In January 2022, Pujolasos, a Spain-based wood packaging company, introduced Woorigin, a patented mono-material innovation featuring a wooden cap without glues and plastics, boasting 100% PEFC or FSC wood certification. This groundbreaking development utilizes click technology, enhancing the overall user experience.
Strategic collaborations are a focal point for major companies in the wood packaging market, allowing them to gain a competitive edge, expand their market presence, and introduce innovative products to meet evolving customer needs. In May 2023, Blue Ocean Closures, a Sweden-based developer of bio-based, ocean-biodegradable, and recyclable packaging, partnered with Stora Enso, a Finland-based provider of renewable products, to create the 'first ever' paperboard tube with a fiber-based closure comprising more than 85% fibers. This wood fiber-based approach is expected to enable brand owners to increase the proportion of renewable materials in their packaging. The paperboard tube, applicable in various sectors such as personal care and cosmetics, represents an environmentally friendly alternative with a significant focus on sustainable practices.
In November 2023, Conner Industries, a US-based industrial wood and packaging solutions provider, acquired Denver Reel & Pallet Company, marking Conner's initial investment in the Rocky Mountain industrial packaging market. This strategic move aims to enhance Conner's integrated package footprint by incorporating foam, wood, plastic, corrugate, and adhesive tapes. Denver Reel & Pallet Company, a US-based wood packaging company specializing in custom wooden crates, pallets, and pallet collars, adds value to Conner's portfolio with its expertise in shipping, storage, and handling solutions.
Major companies operating in the wood packaging market include Brambles Ltd., Greif Inc., Mondi Group, Nefab AB, PalletOne Inc., Rowlinson Packaging Ltd., Shur-way Group Inc., UFP Industries Inc., Hemant Wooden Packaging, Spruce Pax Private Limited, SHREE SAIRAM INDUSTRIAL CORPORATION, Rajat Packers, Totre Industries, Cox Co, PackXpert India Private Limited, CHEP, C&K Box Company Inc., InterAgra s.c., Universal Forest Products Inc., Pal-Con Ltd., Stora Enso, Arrington Lumber and Pallet Co., Falkenhahn AG, Kamps Pallets Inc., DS Smith plc, IPL Plastics Inc., Menasha Corporation and Co., Myers Industries Inc., Pallet Central Enterprises Inc., Pallet Logistics of America LLC, Schoeller Allibert, Schutz GmbH, Vetropack Holding
North America was the largest region in the wood packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global wood packaging market report during the forecast period. The regions covered in the wood packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the wood packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The wood packaging market consists of sales of wooden reels and drums. 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.
Wood Packaging Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on wood packaging market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for wood packaging ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The wood packaging market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.