North America Corrugated Board Market Size & Outlook
- Packaging & Packaging Solutions
- Packaging Products
- Corrugated Board Market Outlook
- Packaging Products
North America Corrugated Board Market, 2018-2030 (US$M)
Global Market
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North America corrugated board market highlights
- The North America corrugated board market generated a revenue of USD 26,472.0 million in 2022.
- The market is expected to grow at a CAGR of 6.6% from 2023 to 2030.
- In terms of segment, c flute was the largest revenue generating flute type in 2022.
- A Flute is the most lucrative flute type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 26,472.0 million |
| Market revenue in 2030 | USD 44,085.8 million |
| Growth rate | 6.6% (CAGR from 2022 to 2030) |
| Largest segment | C flute |
| Fastest growing segment | A Flute |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | A Flute, B Flute, C Flute, E Flute, F Flute |
| Key market players worldwide | International Paper Co, Georgia-Pacific, WestRock Co, Packaging Corp of America, Stora Enso Oyj Ordinary Shares - Class R, Oji Holdings Corp, Smurfit Kappa Group PLC, Mondi PLC, DS Smith PLC |
Other key industry trends
- In terms of revenue, North America region accounted for 19.6% of the global corrugated board market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 94,643.5 million by 2030.
North America corrugated board market is majorly dominated by the U.S. as the country has a developed economy with a strong spending power of residing people.
Additionally, industrial sectors of the country, especially healthcare and food & beverages, also have a significant share in the global market, which further supports the demand for corrugated boards across the packaging industry of the region.
Along with these, the increasing digitization and focus on reducing the use of plastics, especially in packaged food, automotive, and healthcare industries, are expected to augment the demand for corrugated boards over the forecast period.
Key Regions:U.S., UK, Japan, Brazil, South Korea
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Corrugated Board Market Scope
Corrugated Board Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mondi PLC | View profile | 21,773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | www.mondigroup.com |
| Stora Enso Oyj Ordinary Shares - Class R | View profile | 20,000 | P.O. Box 309, Helsinki, Finland, FI-00101 | www.storaenso.com |
| Georgia-Pacific | View profile | 10001+ | Atlanta, Georgia, United States, North America | www.gp.com/aboutus/companyoverview/index.html |
| WestRock Co | View profile | 56,100 | 1000 Abernathy Road, North East, Atlanta, GA, United States, 30328 | www.westrock.com |
| International Paper Co | View profile | 39,000 | 6400 Poplar Avenue, Memphis, TN, United States, 38197 | www.internationalpaper.com |
| Packaging Corp of America | View profile | 14,900 | 1 North Field Court, Lake Forest, IL, United States, 60045 | www.packagingcorp.com |
| DS Smith PLC | View profile | 29,672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | www.dssmith.com |
| Oji Holdings Corp | View profile | 37,845 | 7-5, Ginza 4-chome, Chuo-ku, Tokyo, Japan, 104-0061 | www.ojiholdings.co.jp |
| Smurfit Kappa Group PLC | View profile | 47,000 | Beech Hill, Clonskeagh, Dublin 4, Dublin, Ireland, D04 N2R2 | www.smurfitkappa.com |
North America Corrugated Board Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Corrugated Board Market Outlook will help companies and investors design strategic landscapes.
C Flute was the largest segment with a revenue share of 28.13% in 2022.
Horizon Databook has segmented the North America corrugated board market based on a flute, b flute, c flute, e flute, f flute covering the revenue growth of each sub-segment from 2018 to 2030.
North America corrugated board market is majorly dominated by the U.S. as the country has a developed economy with a strong spending power of residing people.
Additionally, industrial sectors of the country, especially healthcare and food & beverages, also have a significant share in the global market, which further supports the demand for corrugated boards across the packaging industry of the region.
Along with these, the increasing digitization and focus on reducing the use of plastics, especially in packaged food, automotive, and healthcare industries, are expected to augment the demand for corrugated boards over the forecast period.
- North America Corrugated Board Market Flute Type Outlook (Revenue, USD Million , 2018-2030)
- A Flute
- B Flute
- C Flute
- E Flute
- F Flute
- Others
- North America Corrugated Board Market Board Style Outlook (Revenue, USD Million , 2018-2030)
- Single Face
- Single Wall
- Double Wall
- Triple Wall
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Corrugated Board Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Corrugated Board Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Corrugated Board Market, 2018-2030 (US$M)
North America corrugated board market statistics, by flute type, 2018-2030 (Kilotons)
