Overview

Executive Summary
North America dominates the global packaging consumption, with key players like International Paper, Tetrapak, Reynolds Group, Ball Corporation, and Owens-Illinois shaping the North America corrugated packaging market. Corrugated board usage is on the rise across diverse sectors, including food and beverage, consumer durables, e-commerce, and electronics, driving expansion in the North America corrugated market. The surge in flexible packaging demand necessitates corrugated boards. Amidst this, the North America packaging market experiences a heightened call for sustainable solutions, addressing concerns surrounding environmental impact. The North America corrugated packaging market is evolving to meet these demands, positioning itself at the forefront of the global packaging industry.

Impact of COVID-19
As the pandemic grew severe in 2020, corrugated box shipments started to witness rapid demand, first rising on the back of significant purchases of necessities before plummeting during the initial, stringent round of lockdowns. Nevertheless, as 2020 went on, packaged goods sales, particularly those supplied via e-commerce, started to increase dramatically, which in turn led to a significant increase in corrugated box shipments and containerboard demand.

Processed Food Driving North American Corrugated Packaging Demand
The North America corrugated packaging market demonstrates consistent growth, driven by factors like the rising population's demand for convenient and wholesome processed food. Businesses increasingly adopt corrugated board packaging, particularly for secondary or tertiary packing, delivering enhanced results by safeguarding products from moisture and ensuring durability during prolonged delivery times.

Over recent years, the market's expansion can be attributed to various factors, notably the surge in e-commerce and online shopping, amplifying the need for essential packaging supplies like corrugated boxes. This trend reflects the resilience and adaptability of the North America corrugated packaging market to evolving consumer preferences and market dynamics.

Performance of Corrugated Packaging by Segmentation

By Region: Of the three North American countries, Mexico is forecasted to have the highest percentage of growth in both the short and mid-term. As containerboard firms grow their global footprint, it is seen that there is an increase in local and foreign investments flowing into Mexico for capacity development and facility upgrades. Old corrugated containers demand are increasing largely among both domestic and international market, as Mexico produces almost entirely containerboard from recycled materials.

By End Users: The North America Corrugated Packaging Market, a dynamic and diverse industry, caters to various end-users across sectors. The Food and Beverages industry stands as one of the largest beneficiaries, relying on corrugated packaging for 75% of all finished goods in Mexico, with 90% representing foods and beverages. In the healthcare and pharmaceuticals sector, post-COVID-19, there has been a notable surge in corrugated packaging demand due to increased shipments of medicines. This trend positions the North America Corrugated Market strategically, meeting the packaging needs of vital industries, making it a cornerstone in the broader North America Packaging Market landscape.

Raw Material Pricing
Pricing of raw material is predicted to continue to be a concern for the manufacturers in 2023 & 2024 that will slow down the demand for corrugated boxes and will also open the doors for other alternative packaging material.

Future Outlook
The North America Corrugated Packaging market is expected to witness a moderate growth during the year 2023, as a result of the increased trend of online shopping and e-commerce. In addition, corrugated boxes are a preferred option for businesses aiming to minimize their environmental impact due to its sustainability and capacity to be recycled, owing to this the US corrugated packaging box market is expected to continue to grow in the coming year

Key Factors Discussed

In 2021, corrugated paper exports from the United States mostly went to Mexico and Canada, where the trade amount was USD 353 million and USD 213 million respectively.
The United States became the 11th largest importer of corrugated paper in the world in 2021. With a 66% share of all imports in July 2022, the United States (189 thousand tonnes) was Mexico's top supplier of paper and paperboard.
Corrugated board is increasingly being used in a variety of end-use industries, including food and beverage, consumer durables, e-commerce, and electronics, which is fueling market expansion in North America.
The US box shipments in September 2022 reached roughly 32.7 billion ft, much less than the average of 34.5 billion ft2 for Septembers in 2021 and 2020.
Increased demand for corrugated boxes two years ago led to the first of four price rises for linerboard. Box manufacturers appeared to be in charge of pricing for the first time in a very long time. A corporation had to accept whatever costs were offered if it required linerboard, sheets, or boxes as demand had reached a fever pitch.

Scope of the Study
Makreo research has published a detailed study on “North America Corrugated Packaging Market Analysis and Forecast (2018-2028)”. In this report we have covered a wide range of factors in our evaluation, including trade performance, major packaging materials, and recent developments in the corrugated industry.

Additionally, the focus on both qualitative and quantitative factors suggests our well-rounded approach to analysis. This provide readers with a more complete understanding of the North America Corrugated Packaging Market, including its past and present performance, as well as potential growth opportunities in the future.

Segmentation Covered:

By Region
- US, Canada
- Mexico
By End-Users
- Food and Beverages
- Personal Care
- Glass Ware
- Electricals & Electronics
- Paper and Paper Products
- Health Care and Pharmaceuticals
- Others.

Company’s Assessed

International Paper Company
Packaging Corporation of America
WestRock Company
Matthews International Corp.
Graphic Packaging Holding Co.
Deluxe Packaging Inc.
Western Container Company
Associated Bag
Larsen Packaging Products
Emenac Packaging

Key Questions Answered

How North America Corrugated Packaging market performed in the past, and what is the expected future growth prospects?
What are the key factors driving the North America Corrugated Packaging Market?
What is the total market revenue of North America Corrugated Packaging market?
What is the breakup of North America Corrugated Packaging market based on end users?
Who are the leading producers in North America Corrugated Packaging market?
What will be the price scenario for the future?
How North America corrugated packaging market has performed in the past?
What is the trade scenario in the North America corrugated packaging market?

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Executive Summary
Report Synopsis
1.Research Methodology
1. 1.1.Objective of the Study
2. 1.2.Research Process
3. 1.3.Data Collection Methods
4. 1.4.Analytical Framework
2.North America Corrugated Packaging Market – GDP Performance Timeline
1. 2.1.North America GDP Performance Timeline
3.North America Corrugated Packaging Market – Trade Performance
1. 3.1.Global Trade Performance
2. 3.2.United States Trade Performance - Corrugated Paper Export and Import Facts
3. 3.3.Exports : United States Paper and Paperboard
4. 3.4.Imports : United States Corrugated Paper
5. 3.5.Imports : Canada Corrugated Paper & Paperboard
6. 3.6.Imports : Mexico Corrugated Paper and Paperboard
7. 3.7.Imports : Mexico Containerboard and Kraft liner
4.North America Corrugated Packaging Market – Past and Present Performance
1. 4.1.North America Corrugated Packaging Market Structure
2. 4.2.North America Corrugated Packaging Market Overview
3. 4.3.North America Corrugated Packaging Snapshot
4. 4.4.North America Corrugated Packaging Market : Past and Present Performance
5. 4.5.North America Corrugated Packaging Market : By Geography
5.North America Corrugated Packaging Market by Segmentation
1. 5.1.North America Corrugated Packaging Market : By End User
2. 5.2.North America Corrugated Packaging Market By End User : Food & Beverages
3. 5.3.North America Food & Beverages Market : Baby Food
4. 5.4.North America Food & Beverages Market : Edible Oil
5. 5.5.North America Corrugated Packaging Market By End User : eCommerce
6. 5.6.E-commerce Market Potential and Growth
7. 5.7.US Manufacturing Industry Output Index by Sectors
8. 5.8.North America Corrugated Packaging Market By End User : Electrical & Electronics
9. 5.9.North America Corrugated Packaging Market By End User : Paper & Paper Product
10. 5.10.North America Corrugated Packaging Market By End User : Other End User Industry
6.North America Corrugated Packaging Market by Region: United States
1. 6.1.The United States Corrugated Packaging Market by Shipments
2. 6.2.The United States Corrugated Packaging Market : Key Facts
3. 6.3.The United States Corrugated Packaging Market Revenue Analysis
4. 6.4.The United States Corrugated Packaging Market : By End User
7.North America Corrugated Packaging Market by Region: Canada
1. 7.1.Canada Corrugated Packaging Market by Shipment
2. 7.2.Canada Corrugated Packaging Production & Demand
8.North America Corrugated Packaging Market by Region: Mexico
1. 8.1.Mexico Corrugated Packaging Market Production & Trade
2. 8.2.Mexico Corrugated Packaging Market Production & Trade
3. 8.3.Mexico Corrugated Packaging Market Investments
4. 8.4.Mexico Packaging Material Demand
9.North America Corrugated Packaging Market by Price Scenario
1. 9.1.The United States Corrugated Packaging Market : Price Scenario
2. 9.2.Mexico Corrugated Packaging Market : Price Scenario
10.North America Corrugated Packaging Market Future outlook
1. 10.1.North America Corrugated Packaging Market : Future Outlook
2. 10.2.North America Corrugated Packaging Shipment Performance : Future Outlook
3. 10.3.North America Corrugated Packaging Market : Price Outlook
4. 10.4.Factors to Drive Future Growth of the North America Corrugated Packaging Market
11.North America Corrugated Packaging Market Dynamics
1. 11.1.Recent Trends & Developments
2. 11.2.Driving Factors
3. 11.3.Challenges
12.North America Corrugated Packaging Market – Competitive Landscape
1. 12.1North America Corrugated Packaging Market : Competitive Landscape
2. 12.2.North America Corrugated Packaging Market Mergers /Acquisitions/ Investments 2018-2022
3. 12.3.North America Corrugated Packaging Market– Funding Timeline
13.North America Corrugated Packaging Market- Company Profile
1. 13.1.Company Profile : International Paper Company
2. 13.2.Company Profile : Packaging Corporation of America
3. 13.3.Company Profile : WestRock Company
4. 13.4.Company Profile : Matthews International Corp.
5. 13.5.Company Profile : Graphic Packaging Holding Co.
6. 13.6.Company Profile : Deluxe Packaging Inc.
7. 13.7.Company Profile : Western Container Company
8. 13.8.Company Profile : Associated Bag
9. 13.9.Company Profile : Larsen Packaging Products
10. 13.10.Company Profile : Emenac Packaging
Analyst Recommendations
Limitations of the Study
List of Figures & Tabless
Top Exporters Of Cartons, Boxes & Cases, of Corrugated Paper Or Board, 2021
Top Importers Of Cartons, Boxes & Cases, Of Corrugated Paper Or Board, 2021
United States Corrugated Paper Export by Country, 2021
United States Corrugated Paper Import by Country, 2021
United States Paper and paperboard; cartons, boxes and cases, of corrugated paper or paperboard exports by country, 2019
United States Corrugated Paper Export by Country, 2019
United States Corrugated Paper Export by Country, 2019
United States Corrugated Paper Export by Country, 2021
United States Corrugated Paper Import by Country, 2021
Import Of Sanitary Food Or Beverage Containers, of Corrugated Paper/Paperboard, 2021
Import Of Sanitary Food Or Beverage Containers, of Corrugated Paper/Paperboard, 2021
Mexico Containerboard Imports, Jan-Oct 2021 vs Jan-Oct 2022
North America Proportion of Major Packaging Material
North American Population Growth Rate, 2018-2023
North America Corrugated Packaging Market Revenue, 2018-2022
North America Corrugated Packaging Box Market by Geography (%)
North America Corrugated Packaging Box Market by End User, 2022
North America Baby Food Market Revenue, 2021-2027F
North America Edible Oil Market Revenue and Forecast, 2021-2027F
eCommerce Sales, 2021-2022
Ecommerce Share of Total Retail Sales by Quarter, Q1-2022-Q4 2022
Web Penetration in the United States, 2022
Output Index of Major Manufacturing Industry of US, 2018-2021
The U.S. Shipments of Corrugated Packaging, 2018-2022
The U.S. Corrugated Packaging Market Revenue, 2018-2022
The U.S. Corrugated Packaging Box Market by End User, 2022
Canada Corrugated Sheet Shipment Volume, 2020 & 2021
Mexico Packaging Material Demand by Type
Mexico End-Use Segments for Packaging Equipment
The U.S. Corrugated Paper Price Month on Month, Jan 22-Jul 22
The U.S. Corrugated Paper Price Yearly, 2018-2022
North America Corrugated Packaging Market Revenue Forecast, 2023F-2028F
The U.S. Shipments of Corrugated Packaging Forecast, 2023-2026
The U.S. Manufacturing Output, 2018-2021
International Paper Company Net Sales US Industrial Packaging, 2020-2022
US International Paper Corporation Long Lived Assets , 2021-2022
Net Income of Packaging Corporation of America, 2022
Disaggregated revenue of US Business Segment of International Paper Company, 2020-2022
Packaging Corporation of America Net Sales, 2020-2022
Packaging Corporation of America Net Income, 2020-2022
Packaging Corporation of America Total Assets, 2021-2022
Packaging Corporation of America Revenue of Business Segments, 2020-2022
Packaging Corporation of America Containerboard Production, Corrugated Product Shipments and UFS Production, 2020-2022
West Rock Company Net Sales of US Region, 2020-2022
Disaggregated Revenue of US Region of WestRock Company, 2020-2022
Long-Lived Assets of US Region of WestRock Company, 2020-2022
WestRock Company North America Corrugated Packaging Shipment-BSF, 2020-2022
WestRock Company, North America Corrugated Packaging Per Shipping Day-MMSF, 2020-2022
Matthews International Corporation Sales by Region (%), 2022
Matthews International Disaggregated Revenue of North America, 2020-2022
Matthews International Disaggregated Sales of North America, 2020-2022
Matthews International Corporation Disaggregated Sales of Industrial Technologies Segment of North America, 2020-2022
Disaggregated Sales of SGK Brand Solution Segment of North America region of Matthews International Corporation, 2020-2022
Long Lived Assets of North America region of Matthews International Corporation, 2020-2022
Graphic Packaging Net Sales of U.S., 2020-2022
Graphic Packaging Long-Lives Assets of U.S., 2020-2022

North America Corrugated Packaging Market Forecast (2018-2028) - Size, Share, Growth Trends, and Revenue Analysis

Overview

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