Corrugated Packaging Market In North America 2024-2028
The corrugated packaging market in North America is forecasted to grow by USD 19.54 bn during 2023-2028, accelerating at a CAGR of 4.56% during the forecast period. The report on the corrugated packaging market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for corrugated packaging due to rise of e-commerce, increasing demand for sustainable packaging solutions, and technological advancements like digital printing and automation in packaging processes.
Technavio's corrugated packaging market in North America is segmented as below:
By Application
- Food and beverages
- Electronics and electricals
- Transport and logistics
- Others
By Product
- Corrugated box
- Folding boxboard
This study identifies the integration of smart technologies, such as radio frequency identification tags and sensors as one of the prime reasons driving the corrugated packaging market in North America growth during the next few years. Also, emphasis on circular economy principles and demand for on-demand packaging solutions will lead to sizable demand in the market.
The report on the corrugated packaging market in North America covers the following areas:
- Corrugated packaging market in North America sizing
- Corrugated packaging market in North America forecast
- Corrugated packaging market in North America industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading corrugated packaging market in North America vendors that include Domtar Corp., DS Smith Plc, Graphic Packaging Holding Co., Hood Packaging Corp., Huhtamaki Oyj, International Paper Co., Koch Industries Inc., Kruger Inc., Menasha Corp., Mondi Plc, Nefab AB, Nippon Paper Industries Co. Ltd., Packaging Corp. of America, Rengo Co. Ltd., Sealed Air Corp., Smurfit Kappa, Sonoco Products Co., Stora Enso Oyj, Viking Packaging, and WestRock Co.. Also, the corrugated packaging market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.