The Global Greyboard Market was valued at USD 14.8 Billion in 2024 and is projected to reach USD 20.1 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This growth is primarily driven by the surging demand for sustainable and recyclable packaging solutions across the Food & Beverage, Personal Care & Cosmetics, and E-commerce sectors, coupled with stringent environmental regulations phasing out single-use plastics.

As the packaging industry pivots towards circular economy models, greyboard—a robust and eco-friendly paperboard—has emerged as a material of choice. The market’s evolution is being shaped by key manufacturers who are innovating in material strength, finishing, and supply chain logistics. In this blog, we profile the Top 10 Companies in the Greyboard Industry—a mix of global paper giants, specialized board producers, and regional leaders setting the benchmark for quality and sustainability.

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🔟 1. Smurfit Kappa Group

Headquarters: Dublin, Ireland
Key Offering: Virgin and Recycled Greyboard, Custom Packaging Solutions

Smurfit Kappa is a global leader in paper-based packaging, with a significant footprint in greyboard production. The company offers a wide range of greyboard grades, catering to diverse thickness and strength requirements for high-end packaging applications. Their integrated supply chain ensures consistency and reliability for clients worldwide.

Sustainability Initiatives:

• Committed to 100% reusable, recyclable, or biodegradable products

• Extensive use of recycled fiber in greyboard manufacturing

• Net-zero emissions target by 2050

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9️⃣ 2. Skjern Paper

Headquarters: Skjern, Denmark
Key Offering: High-Quality Greyboard, Specialized Paperboard Products

Skjern Paper is a prominent European manufacturer known for its high-performance greyboard. The company specializes in producing board with excellent rigidity and smooth surface properties, making it ideal for luxury packaging, book covers, and display boards. Their focus on Nordic sustainability standards gives them a competitive edge.

Sustainability Initiatives:

• Utilization of renewable energy sources in production

• Certified chain of custody for sustainable fiber sourcing

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8️⃣ 3. Doric Anderton

Headquarters: Bury, United Kingdom
Key Offering: Laminated Greyboard, Rigid Board Sheets

Doric Anderton is a specialist in laminated and converted greyboard products. They serve a diverse clientele requiring precision-cut boards for point-of-sale displays, packaging inserts, and graphic arts. Their expertise in lamination allows for enhanced durability and aesthetic appeal.

Sustainability Initiatives:

• Investment in water-based and eco-friendly laminates

• Waste reduction programs in cutting and finishing processes

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7️⃣ 4. Corenso

Headquarters: Varkaus, Finland
Key Offering: Coreboard, Laminated Greyboard for Industrial Tubes

Corenso, part of the Schwarz Group, is a world-leading producer of coreboard and specialized greyboard used for manufacturing paper tubes, cores, and cans. Their products are critical for the textile, paper, and film industries, requiring high strength and dimensional stability.

Sustainability Initiatives:

• Pioneer in using recycled paper as primary raw material

• Closed-loop water systems in manufacturing plants

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6️⃣ 5. EskaBoard

Headquarters: Heerenveen, Netherlands
Key Offering: Eska® Greyboard, Solid Board Packaging

EskaBoard is renowned for its premium solid board products, including a high-quality greyboard range known for its exceptional durability and printability. The company’s boards are widely used for high-value consumer goods packaging, gaming boards, and promotional materials.

Sustainability Initiatives:

• Focus on 100% recyclable and compostable board products

• Active participation in the 4evergreen alliance for circular packaging

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5️⃣ 6. Jai Vijaya Paper & Boards

Headquarters: Hyderabad, India
Key Offering: Duplex Greyboard, Triplex Boards

Jai Vijaya Paper & Boards is a key player in the Asian market, manufacturing a variety of greyboard types. Their products are essential for the packaging of shoes, electronics, and textiles within the rapidly growing Indian and Southeast Asian markets.

Sustainability Initiatives:

• Implementation of energy-efficient production technologies

• Expansion of recycling infrastructure to source raw materials locally

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4️⃣ 7. Emami Paper Mills

Headquarters: Kolkata, India
Key Offering: Newsprint, Writing Paper, Greyboard

Emami Paper Mills has a diversified portfolio that includes the production of greyboard for packaging applications. Leveraging its large-scale paper manufacturing capabilities, the company serves both domestic and international markets with cost-effective solutions.

Sustainability Initiatives:

• Afforestation initiatives to ensure sustainable wood sourcing

• Adoption of cleaner production techniques to reduce environmental footprint

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3️⃣ 8. JINTIAN PAPER

Headquarters: Hangzhou, China
Key Offering: Coated Greyboard, Industrial Paperboard

JINTIAN PAPER is a major Chinese manufacturer with extensive production capacity for various paperboards, including greyboard. The company caters to the massive domestic demand for packaging materials while also exporting to global markets, offering competitive pricing and consistent quality.

Sustainability Initiatives:

• Investment in advanced effluent treatment plants

• Compliance with international environmental management standards

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2️⃣ 9. MERCKENS

Headquarters: Aalen, Germany
Key Offering: Precision-Cut Greyboard, Graphic Arts Board

MERCKENS is a German specialist known for high-precision greyboard sheets used extensively in the graphic arts, photography, and packaging industries. Their products are valued for their superior flatness, rigidity, and compatibility with various printing techniques.

Sustainability Initiatives:

• Use of FSC and PEFC certified papers

• Development of acid-free and archival-quality boards

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1️⃣ 10. BM Paper

Headquarters: Istanbul, Turkey
Key Offering: Test Liner, Fluting, Greyboard

BM Paper is a leading Turkish paper producer with a significant share in the greyboard market, particularly in the Middle East and Eastern Europe. The company’s strategic location allows it to efficiently serve markets across Europe, Asia, and Africa.

Sustainability Initiatives:

• High focus on waste paper recycling as a primary raw material source

• Continuous modernization of mills to improve energy efficiency

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🌍 Outlook: The Future of Greyboard Is Innovation-Driven and Circular

The greyboard market is undergoing a significant transformation, moving beyond its traditional applications to become a cornerstone of the sustainable packaging revolution. While standard grades continue to see steady demand, the industry is investing heavily in advanced coatings, lightweighting technologies, and enhanced recyclability.

📈 Key Trends Shaping the Market:

• Rising adoption of greyboard in e-commerce packaging for durability and sustainability

• Development of moisture-resistant and barrier-coated greyboard for sensitive applications

• Increased merger and acquisition activity as companies seek to expand geographic and product portfolios

• Growing consumer preference for brands using recyclable and minimalist packaging

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The companies listed above are not only supplying essential materials—they are actively building the foundation for a circular packaging economy.