Exports have kept the Cardboard Box and Container Manufacturing industry afloat despite subdued industrial production and mounting competition from imports over the five years to 2016. The industry is highly dependent on the manufacturing sector for demand, particularly on food, beverage and agricultural producers. However, sales to the manufacturing sector as a whole have declined in recent years due to the long-term trend of offshoring manufacturing operations to low-cost countries that also provide access to emerging markets. Over the five years to 2021, industry operators will find it necessary to contend with declining downstream production, especially food and beverage manufacturing, which is set to decline as a share of GDP over the five-year period. Moreover, competition from substitute products is anticipated to intensify, with flexible packaging expected to increasingly replace rigid packaging due to its lighter-weight characteristics.
This industry includes companies which primarily convert purchased paper, paperboard and old corrugated containers into cardboard boxes, containers and similar packaging. The industry produces corrugated and solid cardboard packaging for a range of industries, including manufacturing, agriculture, wholesale, shipping, retail and others.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.