Top 10 Paper & Board Packaging Companies in the World in 2021 by Revenue

International Paper Co, Westrock Co, Tetra Pak International SA, Oji Holdings Corp, and Amcor Plc are the top 5 paper & board packaging companies in the world in 2021 by revenue. Collectively, the top 10 paper & board packaging companies generated revenue of $126,626 million, where International Paper Co ($19,363 million) has the highest, followed by Westrock Co ($18,746 million) and Tetra Pak International SA ($12,312 million), while DS Smith Plc stood lowest ($8,220 million). The highest revenue increase was registered by Weyerhaeuser Co (35.4%), followed by Stora Enso Oyj (18.8%), and Smurfit Kappa Group Plc (18.4%), while the companies Oji Holdings Corp had a revenue decline of 9.9%. In terms of the geographical split, 5 out of the top 10 paper & board packaging companies in the world are based in Europe, 3 are based in North America, while the remaining two are based in Asia. They have employed a total of 312,389 people in 2021. The United States of America-based International Paper Co is the leading paper & board packaging company in the world in 2021 (by revenue). The company reported revenues of $19,363 million for the fiscal year ended December 2021 (FY2021), an increase of 10.2% over FY2020, driven by improvement through operational, commercial, and investment excellence. It is a manufacturer of packaging products. It offers fiber-based packaging and pulp and paper products such as coated and uncoated paper, pulp, consumer packaging, and industrial packaging for several products including printing and writing papers to containerboard, corrugated sheets, and folding carton boards. It is headquartered in Johannesburg, Gauteng, South Africa, and employs 38,200 people in FY2021.Africa, and employs 38,200 people in FY2021. Westrock Cois is one of the leading paper & board packaging companies in the world in 2021 (by revenue). The company reported revenues of $18,746 million for the fiscal year ended September 2021 (FY2021), an increase of 6.6% over FY2020, revenue and operating profit increased due to higher selling prices and higher volumes. It manufactures and distributes containerboard and paperboard products such as cartons, coated paperboard, retail displays, automated packaging systems, and merchandising displays. The company offers containerboard, kraft paper, pulp, recycled liner board, coated white top liner board, corrugated medium, saturating kraft paper, white top liner board, specialty kraft paper, and fluff pulp. It is headquartered in Atlanta, Georgia, the US, and employs 49,900 people in FY2021.