U.S. Corrugated and Folding Boxboard Market Size By Product (Corrugated [Single Phase, Single Wall, Double Wall, Triple Wall], Folding Boxboard), By Printing Technique (Lithography, Flexography, Digital Printing), By Industry (Food & Beverages, Personal C

U.S. Corrugated and Folding Boxboard Market Size By Product (Corrugated [Single Phase, Single Wall, Double Wall, Triple Wall], Folding Boxboard), By Printing Technique (Lithography, Flexography, Digital Printing), By Industry (Food & Beverages, Personal Care & Home Care, Medical, Home Appliances & Electronics, Other FMCG, Agriculture, Industrial, Chemical & Plastics, Paper & Carton), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2023 - 2032

U.S. corrugated folding boxboard market is speculated to foster sizable growth through 2032 owing to the benefits such as cost-effectiveness and lightweight offered by the corrugated and folding boxes.

Key players in the industry are vying for partnerships and acquisitions which allow them to penetrate deeper into the competitive marketplace. Research & development initiatives, product development, and innovations in the market are other drivers that are expected to foster market growth over the analysis years.

For instance, in April 2019, Smurfit Kappa announced making improvements to its premier kraftliner factory in Pitea, Sweden. The project concentrated on improving the recovery boiler as well as the cooking facility's efficiency and sustainability. Other mill development projects included the installation of improved combustion technology and high-end purification filters. The upgraded innovation unlocked pulp production and pulp quality, supporting Smurfit Kappa to become more effective in the marketplace.

The corrugated folding boxboard market has been bifurcated in terms of product, printing technique, end-user, and region.

Based on product, the industry is divided into corrugated boxes and folding boxboards. Under corrugated boxes, the single wall corrugated box segment is expected to attain more than 3.5% CAGR during 2023-2032. They are lightweight, affordable, and offer protection while in transit. Since they are less expensive than other options, single-wall corrugated boxes are the most popular type of corrugated box utilized by online retailers, which is expected to boost segmental growth.

With respect to printing technique, the digital printing segment is poised to register high gains through the forecast period. One of the prominent benefits of digital printing includes the fact that it is made from printing plates. Unlike other conventional processes, which can only print one color at a time, this technology can print numerous colors simultaneously.

In terms of end-user, the medical segment is set to witness positive market expansion over the review timeline credited to the wide use of corrugated boxes for packing products including capsules, tablets, injections, medical equipment, lab equipment, and others. When compared to other options on the market, corrugated packaging offers several benefits, including a dust-free and more hygienic means of transporting pharmaceutical products.

From the regional outlook, the Midwest U.S. corrugated folding boxboard market is slated to record more than $21 billion by 2032. The Midwest's increased exports of food and beverages are the main factors driving regional demand for corrugated box packaging.

Key players operating in U.S. corrugated folding boxboard market are Smurfit Kappa Group, Acme Corrugated Box Co., Inc., Bio Pappel, U.S. Corrugated Inc., and All Packaging Company, amongst others.