United States Corrugated Packaging Market Introduction and Overview
According to SPER Market Research, the United States Corrugated Packaging Market is estimated to reach USD 300081.37 million by 2033 with a CAGR of 4.17%.
The report includes an in-depth analysis of the United States Corrugated Packaging Market, including market size and trends, product mix, applications, and supplier analysis. Made of corrugated fibreboard, corrugated packaging is a flexible and long-lasting packaging option that is frequently used for protecting, storing, and transporting products. It is composed of two linerboards and a fluted layer that offers flexibility, strength, and cushioning. Corrugated packaging, which is highly regarded for its sustainability due to its application in e-commerce, food and beverage, electronics, and pharmaceutical sectors, is composed of renewable materials and is frequently totally recyclable. It is affordable, lightweight, adaptable to many product forms and sizes and producers find it to be a popular option. It has a lightweight design which provides economical alternatives for businesses, lowering transportation costs. It is also a popular option for branding and product information display because to its ease of printing.
- February 2022; Due to the increasing demand for corrugated boxes in the area from e-commerce, McKinley Packaging stated that it will be constructing a new DFW factory in Lancaster. After considering sites in Louisiana and Oklahoma, McKinley Packaging decided to the southern Dallas location.
- February 2022; Georgia-Pacific, an integrated packaging provider, has agreed to sell its business unit Color-Box to Menasha Packaging, a packaging and merchandising firm located in the United States. In the US, Color-Box produces corrugated cardboard with a focus on highly visual boxes for online sales.
Market Opportunities and Challenges
Opportunities- The growing need for eco-friendly and sustainable packaging options presents a large opportunity for the US corrugated packaging industry. The inclination of consumers to purchase online has propelled the growth of e-commerce and therefore increased demand for robust packaging materials. Additionally, sectors including food and drinks, electronics, and medicines rely significantly on corrugated packaging for secure shipping and storage. Additionally, there are chances for innovation in recyclable and biodegradable corrugated packaging due to the increased awareness of environmental issues. Further market development potential is provided by customization, lightweight designs, and improvements in digital printing, as firms look for distinctive and efficient packaging to improve consumer experience and lower their carbon footprint.
Challenges- One of the many obstacles facing the US corrugated packaging business is the cost of raw materials, especially paper pulp, which can have a significant effect on profitability. Environmentally friendly packaging is in high demand due to sustainability concerns, which puts pressure on manufacturers to innovate and implement greener techniques while maintaining competitive prices. Furthermore, the increasing automation and digitalization of packaging processes necessitate large investments in technology advancements, which might be prohibitive for smaller firms. The dynamics of the market are further complicated by competition from alternative packaging materials like plastics and flexible packaging. The timely manufacture and delivery of corrugated packaging goods is impacted by supply chain interruptions which also provide persistent operational issues.
Market Competitive Landscape
The United States corrugated packaging market is highly competitive, with key players driving innovation, sustainability, and strong supply chains to maintain market leadership. Leading companies in the industry are International Paper Company, Mondi Group, Smurfit Kappa Group, DS Smith PLC, WestRock Company, Packaging Corporation of America and Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Box Type, By Wall Construction, By Application
|
| Regions covered | Northeast Region, Midwest Region, South Region, West Region
|
| Companies Covered | International Paper Company, Mondi Group, Smurfit Kappa Group, DS Smith PLC, WestRock Company, Packaging Corporation of America, Cascades Inc.., Oji Holdings Corporation, Georgia-Pacific LLC, Nippon Paper Industries Ltd.
|
COVID-19 Impact on United States Corrugated Packaging Market
The COVID-19 epidemic affected the US corrugated packaging business in a variety of ways. Production was originally impacted by supply chain and manufacturing operations delays, but the advent of e-commerce, which was fuelled by lockdowns and changes in consumer behaviour, greatly increased demand for corrugated packaging. The usage of corrugated materials for transportation and storage has risen in critical industries such as food, medicines, and healthcare. On the other hand, sectors like electronics and automobiles, which had a downturn during the epidemic, momentarily decreased their need for packaging. Manufacturers were further challenged by labour shortages and changes in the price and availability of raw materials.
Key Target Audience
- Corrugated packaging manufacturers
- Raw material suppliers
- E-commerce companies
- Food and beverage industry
- Retail and consumer goods companies
- Pharmaceutical and healthcare industry
- Electronics and appliance manufacturers
- Logistics and supply chain companies
- Packaging equipment and machinery providers
- Environmental and recycling organizations
Our in-depth analysis of the United States Corrugated Packaging Market includes the following segments:
| By Box Type: | Rigid/Bliss BoxesSelf-Erecting Boxes Telescope Boxes Slotted Boxes Others |
| By Wall Construction: | Single-Wall Corrugated Double-Wall Corrugated Triple-Wall Corrugated |
| By Application: | Food & Beverages Electronic Goods Personal Care Pharmaceuticals & Healthcare Others |
Key Topics Covered in the Report
- United States Corrugated Packaging Market Size (FY’2024-FY’2033)
- Overview of United States Corrugated Packaging Market
- Segmentation of United States Corrugated Packaging Market By Box Type (Rigid/Bliss Boxes, Self-Erecting Boxes, Telescope Boxes, Slotted Boxes)
- Segmentation of United States Corrugated Packaging Market By Wall Construction (Single-Wall Corrugated, Double-Wall Corrugated, Triple-Wall Corrugated)
- Segmentation of United States Corrugated Packaging Market By Application (Food & Beverages, Electronic Goods, Personal Care, Pharmaceuticals & Healthcare, Others)
- Statistical Snap of United States Corrugated Packaging Market
- Expansion Analysis of United States Corrugated Packaging Market
- Problems and Obstacles in United States Corrugated Packaging Market
- Competitive Landscape in the United States Corrugated Packaging Market
- Impact of COVID-19 and Demonetization on United States Corrugated Packaging Market
- Details on Current Investment in United States Corrugated Packaging Market
- Competitive Analysis of United States Corrugated Packaging Market
- Prominent Players in the United States Corrugated Packaging Market
- SWOT Analysis of United States Corrugated Packaging Market
- United States Corrugated Packaging Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United States Corrugated Packaging Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Corrugated Packaging Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Corrugated Packaging Market
7. United States Corrugated Packaging Market, By Box Type (USD Million) 2020-2033
7.1. United States Corrugated Packaging Market Size, Share and Forecast, By Box Type, 2020-2026
7.2. United States Corrugated Packaging Market Size, Share and Forecast, By Box Type, 2027-2033
7.3. Rigid/Bliss Boxes
7.4. Self-Erecting Boxes
7.5. Telescope Boxes
7.6. Slotted Boxes
7.7. Others
8. United States Corrugated Packaging Market, By Wall Construction (USD Million) 2020-2033
8.1. United States Corrugated Packaging Market Size, Share and Forecast, By Wall Construction, 2020-2026
8.2. United States Corrugated Packaging Market Size, Share and Forecast, By Wall Construction, 2027-2033
8.3. Single-Wall Corrugated
8.4. Double-Wall Corrugated
8.5. Triple-Wall Corrugated
9. United States Corrugated Packaging Market, By Application (USD Million) 2020-2033
9.1. United States Corrugated Packaging Market Size, Share and Forecast, By Application, 2020-2026
9.2. United States Corrugated Packaging Market Size, Share and Forecast, By Application, 2027-2033
9.3. Food & Beverages
9.4. Electronic Goods
9.5. Personal Care
9.6. Pharmaceuticals & Healthcare
9.7. Others
10. United States Corrugated Packaging Market, By Region, 2020-2033 (USD Million)
10.1. United States Corrugated Packaging Market Size and Market Share By Region (2020-2026)
10.2. United States Corrugated Packaging Market Size and Market Share By Region (2027-2033)
10.3. Northeast Region
10.4. Midwest Region
10.5. South Region
10.6. West Region
11. Company Profile
11.1. International Paper Company
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Mondi Group
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Smurfit Kappa Group
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. DS Smith PLC
11.4.1. Financial outlook
11.4.2. Product summary
11.4.3. Recent developments
11.5. WestRock Company
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Packaging Corporation of America
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Cascades Inc
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Oji Holdings Corporation
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Georgia-Pacific LLC
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Nippon Paper Industries Ltd
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links