The Global Converting Paper Market was valued at USD 228.5 Billion in 2023 and is projected to reach USD 304.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2023–2030). This growth is being driven by the surging global demand for sustainable packaging, the expansion of e-commerce, and the accelerating adoption of advanced paper converting technologies across industries.

As the packaging and paper industry pivots toward a circular economy and digital transformation, the focus intensifies on the key manufacturers who are driving innovation, operational efficiency, and material science advancements. In this blog, we profile the Top 10 Companies in the Converting Paper Industry—a mix of paper giants, specialty producers, and sustainability pioneers shaping the future of global paper-based solutions.

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🔟 1. International Paper

Headquarters: Memphis, Tennessee, USA
Key Offering: Corrugated Packaging, Pulp, Industrial Packaging

International Paper is one of the world’s largest producers of fiber-based packaging, pulp, and paper. The company’s converting operations are critical, transforming its primary materials into a vast array of corrugated boxes, displays, and protective packaging solutions for global supply chains.

Sustainability Initiatives:

• Achieved 69.4% fiber sourcing from certified forests

• Targeting a 35% reduction in absolute GHG emissions by 2030

• Major investments in recycling infrastructure

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9️⃣ 2. Stora Enso

Headquarters: Helsinki, Finland
Key Offering: Packaging Materials, Pulp, Biomaterials, Wood Products

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, and wood construction. Their converting expertise lies in creating high-performance paperboards, barrier-coated packaging, and innovative molded fiber products that replace plastic.

Sustainability Initiatives:

• Pioneer in lignin-based batteries and bio-based carbon materials

• Committed to 100% regenerative operations

• Extensive portfolio of recyclable and compostable packaging

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8️⃣ 3. UPM-Kymmene Oyj

Headquarters: Helsinki, Finland
Key Offering: Graphic Papers, Specialty Papers, Pulp, Labels

UPM is a global forest industry leader with strong converting capabilities, particularly in label materials and specialty papers. The company converts its high-quality papers into UPM Raflatac labels and UPM Fine papers for various end-use applications worldwide.

Sustainability Initiatives:

• Developing fossil-free biochemicals from wood

• Biofore Site concept for integrated, sustainable production

• Targeting completely fossil-free operations

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7️⃣ 4. Asia Pulp & Paper (APP) Sinar Mas

Headquarters: Jakarta, Indonesia
Key Offering: Pulp, Packaging, Tissue, Paper

APP Sinar Mas is one of the world’s largest pulp and paper companies, with extensive converting operations that produce tissue, packaging, and stationery products. Its integrated mills and converting plants serve a massive customer base across Asia and beyond.

Sustainability Initiatives:

• Forest Conservation Policy to eliminate deforestation

• Investments in community empowerment and fire prevention

• Developing sustainable pulpwood plantation management

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6️⃣ 5. Georgia-Pacific

Headquarters: Atlanta, Georgia, USA
Key Offering: Tissue, Packaging, Pulp, Building Products

Georgia-Pacific is a leading manufacturer of tissue, packaging, paper, and building products. Its Dixie® and Angel Soft® brands are household names, produced through sophisticated converting processes that transform parent rolls into finished consumer goods.

Sustainability Initiatives:

• Focus on water reduction and energy efficiency

• Partnerships to advance circular packaging solutions

• Investments in recycling and recovered fiber utilization

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5️⃣ 6. Mondi Group

Headquarters: Addlestone, United Kingdom (Weybridge)
Key Offering: Packaging Paper, Uncoated Fine Paper, Functional Paper

Mondi is a global leader in packaging and paper, renowned for its fully integrated approach from pulp production to converted products. Their expertise spans flexible packaging, corrugated solutions, and engineered materials for diverse industries.

Sustainability Initiatives:

• MAP2030 sustainability framework with 100% reusable/recyclable products goal

• Innovations in paper-based packaging as plastic alternatives

• Commitment to circular-driven solutions and climate action

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4️⃣ 7. WestRock Company

Headquarters: Atlanta, Georgia, USA
Key Offering: Corrugated Packaging, Consumer Packaging, Wholesale paper

WestRock is a leading provider of paper and packaging solutions, with a vast network of converting facilities. The company specializes in creating differentiated packaging that speaks to brands’ sustainability and shelf-impact needs.

Sustainability Initiatives:

• Committed to sustainably sourcing 100% of fibers

• Developing lightweight, recyclable packaging formats

• Partnerships to advance paper-based innovation

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3️⃣ 8. DS Smith

Headquarters: London, United Kingdom
Key Offering: Corrugated Packaging, Recycling Services, Paper

DS Smith is a leading provider of sustainable packaging solutions, paper products, and recycling services. Their converting operations are highly integrated, turning recycled fibers into innovative, resource-efficient corrugated cases and displays.

Sustainability Initiatives:

• Now & Next Sustainability Strategy focusing on circular economy

• Aiming to manufacture 100% reusable or recyclable packaging

• Pioneering circular design principles in packaging

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2️⃣ 9. Nippon Paper Industries

Headquarters: Tokyo, Japan
Key Offering: Paper Products, Pulp, Biomaterials

Nippon Paper is a major Japanese paper manufacturer with advanced converting technologies. The company produces a wide range of papers, including printing, information, and packaging grades, which are converted into value-added products for domestic and international markets.

Sustainability Initiatives:

• Focus on biomass energy and reducing environmental footprint

• Developing cellulose nanofiber (CNF) applications

• Engaged in sustainable forest management practices

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1️⃣ 10. Sappi Limited

Headquarters: Johannesburg, South Africa
Key Offering: Dissolving Pulp, Graphic Papers, Packaging Papers

Sappi is a leading global provider of dissolving wood pulp, paper-based solutions, and biomaterials. Their converting expertise is showcased in high-quality graphic papers, release liners, and packaging boards that serve demanding global markets.

Sustainability Initiatives:

• Committed to science-based targets for emissions reduction

• Leadership in sustainable forestry and water stewardship

• Innovations in bio-refining and renewable materials

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🌍 Outlook: The Future of Converting Paper Is Sustainable and Smart

The converting paper market is experiencing a significant transformation. While traditional paper products still form the foundation, the industry is increasingly focused on advanced materials, digitalization, and circular economy principles. The demand for sustainable, fiber-based alternatives to plastic is a powerful driver of innovation.

📈 Key Trends Shaping the Market:

• Accelerated adoption of paper-based flexible packaging to replace plastics

• Integration of smart technologies like RFID and QR codes into paper packaging

• Rise of e-commerce driving demand for durable, lightweight corrugated solutions

• Increased regulatory pressure for recyclable and compostable packaging materials

Get Full Report Here:
Converting Paper Market – View in Detailed Research Report

The companies listed above are not only supplying essential paper products—they’re pioneering the sustainable transformation of the global packaging and paper industry.