Corrugated & Paperboard Boxes
Growth in the US corrugated & paperboard box market will total 2.6% annually through 2020 in value terms. Advances will be driven by favorable prospects for e-commerce and retail-ready packaging. However, market maturity and light weighting will mitigate gains over the next decade.
This report segments the corrugated and paperboard box industry by Product and Market. Data is provided in million US dollars and thousand tons.
Corrugated and paperboard box products include:
• Corrugated & Solid Fiber
• Folding Paperboard
• Set-Up Paperboard
Corrugated and solid fiber boxes will remain the largest of these through 2020 and will also post the fastest gains, supported by their widespread use in the e-commerce and food markets.
Major corrugated and paperboard box markets include:
• Food & Beverages
• Nonfood Nondurable Goods (e.g., chemicals, pharmaceuticals, and plastic products, etc.)
• Durable Goods
• Nonmanufacturing (e.g., foodservice, e-commerce, moving, etc.)
Food and beverages was the leading outlet in 2015. The most rapid gains through 2020 are forecast for the nonmanufacturing market, fueled by favorable expectations for the e-commerce sector.
Although small box manufacturers serving a local or regional customer base are prevalent throughout the US, a small number of integrated producers account for a large percentage of sales in the industry. This industry also sees a great deal of acquisition and divestiture activity. Industry participants include Caraustar Industries, Georgia-Pacific (Koch Industries), Graphic Packaging, International Paper, KapStone Paper and Packaging, Menasha, Multi Packaging Solutions, Packaging Corporation of America, PaperWorks Industries, Smurfit Kappa, and West Rock.