Cardboard Box & Container Manufacturing in Canada - Industry Market Research Report

Cardboard Box & Container Manufacturing in Canada - Industry Market Research Report

Cardboard Box & Container Manufacturing in Canada

Canadian cardboard box and container manufacturers have experienced strong growth in recent years. Products produced by manufacturers include corrugated and solid fibre boxes, folding paperboard boxes and other converted paper items. Manufacturers reliant on demand from other areas of the manufacturing sector; food, beverage and agricultural producers are major downstream buyers. Given the essential nature of their products, food and beverage manufacturers have continued to provide a stable source of demand. Sales to the manufacturing sector have declined in recent years due to the long-term trend of offshoring industrial activity to low-cost countries. Following COVID-19 disruptions, strong consumer spending has driven revenue growth in recent years. Revenue has expanded at a CAGR of 3.0% to $8.6 billion through the end of 2023, including a 2.4% increase in 2023 as demand for consumer goods remains high.

This industry includes companies which primarily convert purchased paper, paperboard and old corrugated containers into cardboard boxes, containers and similar packaging. The industry produces corrugated and solid cardboard packaging for a range of industries, including manufacturing, agriculture, wholesale, shipping, retail and others.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.