Market Overview:
The U.S Paperboard Box Market size is estimated to reach $55 billion by 2030, growing at a CAGR of 7.6% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “U.S Paperboard Box Market - By Coating Type (Coated Paperboard and Uncoated Paperboard), By Grade (Clay Coated News Backboard (CCNB), Solid Bleached Sulfate (SBS), Folding Box Board (FBB) and Natural Kraft (SUS) & Coated Unbleached Kraft (CUK)), By Sheet Varieties (Single-Ply Paperboard, Double-Ply Paperboard and Triple-Ply Paperboard), By Packaging Type (Folding Cartons, Rigid Boxes, Corrugated Boxes and Others), By Finishing (Matte Finish, Gloss Finish, Embossed Finish, Foil Stamping, Spot UV Coating and Others), By End User (Food & Beverages, Healthcare, Home, Beauty & Personal Care, Retail & E-commerce, Pharmaceutical Industry, Electronics and Consumer Goods and Others), Opportunity Analysis & Industry Forecast, 2024-2030.”
The main driver of the U.S Paperboard Box market is rising demand for sustainable packing solutions. The manufacturers can move, carry, and store a variety of products more effectively and affordably by using paperboard packaging. Paper-based packaging is becoming increasingly common every day since it is designed to be both lightweight and durable, and it can be modified to match the needs of individual products or customers.
Food & Beverages Dominated the Market in 2023:
Food & Beverages sector dominated the U.S Paperboard Box market in terms of the end user. Biodegradable food packaging materials and compostable packaging are environmentally beneficial ways to lessen a company's carbon footprint. Lower carbon emissions result from the usage of compostable food packaging for food items, which can lessen the damage done to habitat collection systems and the surrounding environment. For instance, In November 2023, TIPA, a manufacturer in compostable packaging, launched its home compostable 608 laminate in the U.S. market. Designed for dry food and goods packaging, it is ideal for products like spices, bread, snacks, granola, fruit, and protein gummies. Originally introduced in Europe, this eco-friendly laminate is now being produced locally in the U.S. to meet the increasing demand for sustainable packaging. American Packaging Corporation, based in New York, is one of TIPA’s first U.S. partners producing flexible, compostable packaging solutions from the laminate. Such innovations are propelling the growth of the food & beverages sector in the U.S Paperboard Box market.
U.S Paperboard Box Market: Key Takeaways
Stringent Regulations on Plastic Usage
Stringent regulations on plastic usage are driving the growth of the U.S Paperboard Box market significantly. For instance, In July 2024, the U.S. government set a target to phase out federal procurement of single-use plastics from food service operations, events, and packaging by 2027, and from all federal operations by 2035. This initiative supports President’s Executive Order on Federal Sustainability and the Federal Sustainability Plan, aiming for net-zero procurement by 2050. Agencies will meet this goal by adopting reusable, compostable, and recyclable alternatives to single-use plastics, aligning with broader federal sustainability commitments. Several federal agencies are leading efforts to clean up existing plastic pollution and prevent additional plastic pollution from entering the environment, including the ocean. Such regulations are fueling the need for sustainable solutions, which in turn driving the growth of the U.S Paperboard Market.
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Eco-Friendly Packings of E-Commerce Sector
Growth of e-commerce and online shopping in the US is mandating the usage of eco friendly packings, which is propelling the growth of the U.S Paperboard Box market. For instance, according to data from TIPA Compostable Packaging 85% of Americans concerned by plastic packaging waste. In e-commerce packaging, reusable packaging materials are a recent development. Reusable packaging is important as it helps to create a more environmentally friendly world. The environmental impact is lessened by certain recycled materials, such as fabric, plastics, and other eco-friendly components. Reusable packaging is more economical because it is long-lasting and may be used again.Customers can return boxes or containers once they receive their products because the primary reusable packaging model is returnable. Additionally, several companies like EVERLANE are using sustainable materials for their packaging products. Such factors are driving the market growth.
Scope of Report:
Recent Developments:
- In March 2024, DS Smith introduced its DryPack seafood box to the North American market. This fully recyclable, fiber-based box is 100% water-resistant and maintains fresh fish below 40°F for over 40 hours with ice, ensuring high performance in cold chain operations. Manufactured in DS Smith's U.S. specialty packaging plants using patented Greencoat technology, the boxes are food-safe, moisture-resistant, and USDA, CFIA, FDA, and FBA certified.
- In February 2024, American Packaging Corporation (APC) launched a new RE Design for Recycle flexible packaging technology tailored for frozen food products like fruits and vegetables. This addition expands APC's sustainable packaging portfolio, which includes Design for Compost, Circular Content, Renewable Content, and other Design for Recycle solutions.
- In January 2024, WestRock Company announced plans to build a new corrugated box plant in Pleasant Prairie, Wisconsin, to address growing demand in the Great Lakes region. The new facility, costing approximately $140 million, will enhance production capabilities and reduce costs, replacing the existing North Chicago plant upon completion.
U.S Paperboard Box Market: Competitive Landscape
Key companies profiled in the U.S Paperboard Box Market are WESTROCK, Amcor Plc, Packaging Corporation of America, DS Smith, Graphic Packaging International, LLC, International Paper, Nippon Dynawave Packaging Company, LLC, Avery Dennison Corporation, Georgia-Pacific LLC, Veritiv Corporation and Others.
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