Containerboard Market in North America 2016-2020

Overview of the containerboard market in North America

The containerboard market in North America is anticipated to grow at a steady rate and will post a CAGR of more than 2% during the forecast period. The increasing demand for containerboard materials from the freight and logistics sector will drive the growth prospects for the containerboard market in North America during the forecast period. A containerboard comprises of three layers of paper, an inside liner, an outside liner, and fluting that offer great strength and durability. Since factors such as safer transportation and better shipments are some of the main priorities for any exporter, the demand for the containerboard materials increases through industrial and manufacturing activities. In the US, some of the leading companies such as the International Paper, Georgia-Pacific, WestRock, and PCA manufactures containerboard goods and contribute highly to the total revenue of the market.

The increasing demand for premium packaging materials will propel the growth prospects for the market in the coming years. The premium packaging materials are used for premium consumer products such as cosmetics and other household items. To manufacture premium packaging materials, the vendors use expensive ingredients, technologies, colors, and raw materials. Furthermore, the corrugated boxes are used as effective marketing strategies by placing them at the point of sale to attract consumers.

Competitive landscape and key vendors

The market is highly fragments and competitive due to the presence of a vast number of large and medium-sized players. The vendors of the market are increasingly focusing on improving their production techniques, efficiency and effectiveness. To increase the production capacity, the vendors are developing new production plants or acquiring existing players. Moreover, the vendors produce packaging materials using sustainable, renewable, and recyclable raw materials that include paper, plastic, metal, glass, and flexible materials. They also provide high-performance, lightweight containerboard materials to upgrade performance and address environmental concerns.

Key vendors in this market are -

• International Paper
• WestRock
• Georgia-Pacific
• PCA
• KapStone

Other prominent vendors in the market include Amcor, Buckeye Corrugated, Cascades, Corrugated Supplies Company, Greif, Kruger Packaging, Pratt Industries, Riverside Paper, Shillington Box Company, Stephen Gould, Sonoco Products, and U.S. Corrugated.

Segmentation by end user and analysis of the containerboard market in North America

• Durable goods and others
• Food and beverage
• Non-durable goods

Food and beverages sector accounted for the maximum market revenue share during 2015 and will continue to dominate the market for the next few years. One of the factors propelling the growth prospects of the market segment is the growing demand for processed food and ready-to-eat products. Also, the food and beverage manufacturers are using containerboard materials effectively to market their products. Another factor driving the market segment’s growth is the increasing preference for snack food items in North America.

Growth drivers, challenges, and upcoming trends: Lightweight materials

The demand for lightweight corrugated and containerboard materials is increasing because they exhibit high performance. The adoption of lightweight containerboard materials is increasing among the consumers as they are quite inexpensive and environment-friendly. Moreover, with the increasing environmental concerns and environmental protection regulations, the vendors are increasingly manufacturing these materials.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the containerboard market in North America. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the containerboard market in North America?
• What are the key market trends impacting the growth of the containerboard market in North America?
• What are the challenges to market growth?
• Who are the key vendors in the containerboard market in North America?
• What are the market opportunities and threats faced by the vendors in the containerboard market in North America?
• What are the trending factors influencing the market shares of North America?
• What are the key outcomes of the five forces analysis of the containerboard market in North America?

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