The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increased popularity of environmentally friendly and sustainable packaging is likely to stimulate innovation in wood packaging manufacturing, propelling the market during the forecast period.

The global wood packaging market is expected to grow from $11.27 billion in 2022 to $11.84 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. The global wood packaging market is expected to grow to $14.36 billion in 2027 at a CAGR of 5.0%.

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Global Wood Packaging Market Segments Include:

• By Type: Pallets, Boxes And Bins, Crates And Cases, Spools, Dunnage
• By Material: Hardwood, Softwood, Plywood
• By Application: Food And Beverages Storage, Transportation, Industrial, Shipping, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global wood packaging market in 2021.

Major Market Players 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.

Technological progress is a major trend in the wood packaging market. Major companies participating in the wood packaging industry are developing in their new technologies and research & development. Pujolasos, a wood packaging manufacturer based in Spain, for example, launched Woorigin in January 2022. This new patented mono-material innovation has a mono-material hardwood cap that is free of glues and plastics, as well as 100% PEFC or FSC wood certification. It is built on click technology, which improves the user experience even more.

The Wood Packaging Global Market Report 2023  provides a wood packaging market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The wood packaging market forecast analyzes wood packaging market size, wood packaging market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Wood packaging is used to pack, transport, handle, preserve, present, and add value to items such as vegetables and fruits, seafood, fish, spirits, and wines. Wood packing contributes to a lower carbon footprint.

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