US Corrugated Box Market to Grow 4% CAGR to 2020

This market research report offers a comprehensive analysis of the corrugated box market in the US by end user (food and beverages, non-durable, and durable). The key vendors analyzed this market research are D S Smith, Georgia-Pacific, INDEVCO Group, International Paper, Kapstone, Mondi, Packaging Corporation of America, Smurfit Kappa, and WestRock.

Overview of the corrugated box market in the US

The market research analyst predicts the corrugated box market in the US to grow at a steady CAGR of close to 4% by the end of 2020. The demand for corrugated boxes and other packing materials is on the rise due to a rise in online shopping and demand from the processed food industry. Some of the advantages of corrugated boxes are their durability and flexibility. Since corrugated boxes are non-reactive, they are the perfect medium to package, ship, and store food for long periods.

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Current market trends indicate that consumers prefer eco-friendly alternatives in everything they buy. One of the major reasons why paper is the preferred choice of materials is that it can be recycled at least seven times, which is an advantage over other packing materials. The demand for corrugated boxes is rising across different verticals and especially in the non-durable goods sector. Manufacturers of packing materials are also focusing on offering environmentally friendly alternatives as it helps them to save money. Currently, most corrugated boxes are made up of 46% recycled materials. This also helps manufacturers to meet regulations set up by governments to protect the environment.

End-user segmentation and analysis of the corrugated box market in the US
- Food and beverages
- Durable
- Non-durable 

Of the different segments that use corrugated boxes, the food and beverages sector will account for 44% market share by 2020. In the food and beverage sector, fresh produce and non-perishables are packaged and shipped in lightweight boxes. Beverages usually require heavier weight corrugated packaging. Non-food related items that require shipping boxes include medication, toiletries, clothing, and books to name a few. Factors that are contributing towards the growth of this segment are increased used of processed goods, a rise in online shopping, and M&A between major vendors.

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Competitive landscape and key vendors
The market for corrugated boxes in the US is a very competitive one. There are quite a few vendors, and the market is divided by products like corrugated, containerboard, and paperboard. No single company dominates the market exclusively, but a large section of the total market share is dominated by key vendors like DS Smith and Georgia-Pacific. Vendors also invest time and effort in recovering materials for recycling and reuse.

Key vendors in this market are -

D S Smith
Georgia-Pacific
INDEVCO Group
International Paper
Kapstone
Mondi
Packaging Corporation of America
Smurfit Kappa
WestRock

Other prominent vendors in the market are Amcor, American Corrugated, Buckeye Corrugated, Corrugated Supplies Company, Kruger Packaging, Pratt Industries, Riverside Paper, Shillington Box Company, Steven Gould, and Stora Enso Packaging.

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