U.S Paperboard Box Market – By Coating Type , By Grade , By Sheet Varieties , By Packaging Type , By Finishing , By End User , Opportunity Analysis & Industry Forecast, 2024-2030
U.S Paperboard Box Market Overview:
U.S Paperboard Box Market size is estimated to reach US$55 billion by 2030, growing at a CAGR of 7.6% during the forecast period 2024-2030. Paperboard is a low carbon, non-fossil based and renewable alternative to plastic with one of the highest recycling rates. The renewable resource wood pulp is used to make paperboard. Paperboard is biodegradable and decomposes in the environment considerably more quickly than plastic, which is made from fossil fuels and can take hundreds of years to do so. Additionally, sustainably managed forests that place an emphasis on responsible harvesting and replanting are frequently the source of paperboard products. U.S Paperboard Box market is driven by the rise in demand for the renewable packaging and sustainability. The recyclability of paperboard packaging is one of its significant advantages. Paperboard can be recycled 100% of the time, and many products created from it are made from recycled components. Additionally, the factors such as rise in paperboard production, stringent regulations on plastic packaging, the rise in demand of biodegradable materials and growth of e-commerce and online shopping are fueling the growth of the U.S Paperboard box market.
A major trend in the market is growing demand for lightweight paper-based solutions. Lightweight packaging helps businesses minimize their environmental impact and reduce waste by using less material. Additionally, as the packaging is lightweight, less fuel is needed to move the goods, which lowers transportation costs. For instance, in March 2024, Seaman Paper, a sustainable specialty paper and packaging manufacturer, introduced SeaStretch, a patented, lightweight paper-based alternative to plastic stretch film for shipping and storage loads. Additionally, another trend which is propelling the growth of the market is water-based coatings. Water-based coatings offer a significant sustainability advantage due to their plastic-free composition and 100% biodegradability. Customers and regulators are selecting products that fulfill environmental standards as they become more important, which is further propelling the growth of the U.S Paperboard box market.
U.S Paperboard Box Market - Report Coverage:
The “U.S Paperboard Box Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the U.S Paperboard Box Market.
Attribute | Segment |
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By Coating Type |
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By Grade |
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By Sheet Varieties |
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By Packaging Type |
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By Finishing |
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By End User |
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COVID-19 / Ukraine Crisis - Impact Analysis:
- The COVID-19 pandemic had a mixed impact on U.S Paperboard Box market. Restrictions and lockdowns affected the availability of raw resources like virgin fiber and recycled paper by disrupting global supply networks. As a result, some packaging types experienced delays in manufacturing with potential shortages. On the other hand, the surge in e-commerce activity during the pandemic significantly boosted demand for packaging materials like corrugated boxes, mailers, and protective inserts.
- The Russia-Ukraine crisis had a significant impact on the US Paperboard box market. Energy costs have increased as a result of the crisis, especially for natural gas, a key component in the manufacturing of paper. Packaging manufacturers experienced higher manufacturing costs as a result of this, transportation disruptions, and the growing demand for alternative raw materials.
Key Takeaways
Corrugated Boxes Dominated the Market
Corrugated boxes are the largest segment in the U.S Paperboard Box market in terms of packaging type. The rise in online shopping has significantly increased the demand for corrugated boxes for activities such as shipping and delivery. For instance, in November 2024, The Census Bureau of the Department of Commerce announced that the estimate of U.S. retail e-commerce sales for the Q3 2024, adjusted for seasonal variation, was $300.1 billion, an increase of 2.6% (±0.4) from the Q2 2024. The Q3 2024 e-commerce estimate increased 7.4% (±1.2) from the Q3 2023 while total retail sales increased 2.1% (±0.5) in the same period. E-commerce sales in Q3 2024 accounted for 16.2% of total sales. Thus, the rise in sales is driving the need of durable packing solutions which in turn propelling the growth of the U.S Paperboard Box market.
Food & Beverages is the Largest Segment
The U.S Paperboard Box market is dominated by the food & beverages segment in terms of end user. Paper food packaging has the primary advantage of being easily recyclable. Recyclable products help in reducing production-related waste. It is advantageous to utilize paper food packaging since it can be recycled and reused, which lowers the energy required to produce new products. When it comes to food packing, this can save the business time as well as money. For instance, according to data from Paper Packaging Council, almost 60% of all paperboard packaging is destined for food product segments including beverages and dairy products, candy and confections, dry foods, and frozen foods. Paperboard is a renewable, sustainable resource. Unlike fossil-fuel based plastic packaging, recyclable paperboard is the best choice for today’s environmentally conscious consumer. Over 60% of all communities in the U.S. are collecting paperboard, exceeding the “recyclable” threshold established by the Federal Trade Commission’s Green Guides. Such factors are driving the growth of the U.S Paperboard Box market.
Stringent Regulations on Plastic Usage
The implementation of stringent regulations on plastic usage and packaging are propelling the growth of the U.S Paperboard Box market significantly. For instance, according to the report Plastic Bag Ban Report April2023, The Philadelphia plastic bag ban significantly reduced plastic bag use and increased paper and reusable bag use in the city. It led to a significant decrease in the likelihood of consumers using plastic bags at grocery stores. For instance, the report, “Plastic Bag Bans Work 2024”, found that bans in three states — New Jersey, Philadelphia and Vermont — and two cities, Portland, Oregon and Santa Barbara, California, have reduced the number of single-use plastic bags used each year by around 6 billion. According to Environment America, the number of bags saved could go around the planet 42 times. Additionally, 12 states have single-use plastic bag bans: California, Colorado, Connecticut, Delaware, Hawaii, Maine, New Jersey, New York, Oregon, Rhode Island, Vermont and Washington. State-wide bans in Colorado and Rhode Island just went into effect at the start of 2024. Such restrictions are mandating the use of paper-based packing products which in turn fueling the growth of the market.
Growth of E-Commerce and Online Shopping to Drive the Market
The rapid growth of e-commerce and online shopping in the United States is a major driver of the Paperboard Box market. All online orders need to be packaged. Paperboard boxes are the most popular option for shipping because of their versatility. For instance, E-Commerce Retail Sales was $300053 Million in July of 2024, according to the United States Federal Reserve. Paperboard is a recyclable material, which aligns with the growing demand for environmentally friendly packaging options in the field of e-commerce. Consumers are becoming more aware of their impact on the environment. Thus, the rise of e-commerce and online shopping is driving the growth of the U.S Paperboard Box market significantly.
Deforestation and the Loss of Biodiversity to Hamper the Market
One of the key challenges in the U.S Paperboard Box market is deforestation and loss of biodiversity. For instance, according to data from World Wildlife Fund, as one of the largest industrial sectors in the world, the pulp and paper industry has an enormous influence on global forests. This sector, which makes products such as office and catalog paper, glossy paper, tissue, and paper-based packaging, accounts for 13–15% of total wood consumption and uses between 33–40% of all industrial wood traded globally. And the United States is the second-largest paper producer and consumer country in the world. Additionally, some companies in the pulp and paper industry leave an unacceptably large ecological footprint on the planet. Irresponsible harvesting from natural forests, and the establishment of pulp plantations on converted natural forests, can threaten fragile ecosystems and species and cause soil erosion. Some proposed new pulpwood plantations and mills threaten natural habitats in regions with high conservation values and high rates of illegal logging.
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Key Market Players:
Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the U.S Paperboard Box Market. The top 10 companies 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
Scope of Report:
Report Metric | Details |
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Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
CAGR |
7.6% |
Market Size in 2030 |
$55 billion |
Segments Covered |
By Coating Type, By Grade, By Sheet Varieties, By Packaging Type, By Finishing, By End User |
Key Market Players |
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The U.S Paperboard Box Market is forecast to grow at 7.6% during the forecast period 2024-2030
The U.S Paperboard Box Market size is projected to reach US$55 billion by 2030
The leading players are WESTROCK, Amcor Plc, Packaging Corporation of America, DS Smith, Graphic Packaging International, LLC, International Paper and others.
Lightweight paper-based solutions and Water-based coatings are some of the major trends in the market.
Rise in demand for the renewable packaging and sustainability, stringent regulations on plastic packaging, rise in paperboard production, the rise in demand of biodegradable materials and growth of e-commerce and online shopping are driving the U.S Paperboard Box market growth.