U.S. Corrugated and Folding Boxboard Market

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U.S. Corrugated and Folding Boxboard Market
2021-2026 Top Manufacturers, Size, Growth,
Business Opportunities and Research Report
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Global Market Scenario of U.S. Corrugated and
Folding Boxboard Industry

• The world of packaging has been gradually moving
  towards advancement enabling various types of
  packaging to garner immense momentum across
  various economies. Some of these boxes, including
  corrugated boxes and folding boxboards are most
  common types of packaging boxes that are
  generally found in the retail stores, paving way
  for the development of overall corrugated and
  folding boxboards market in the United States and
  worldwide.
• Speaking of the massive demand for such packaging
  products, it would be crucial to note that about
  90 of all products in the North America region
  are delivered or transported in corrugated boxes
  at some point in their life cycle. In fact,
  according to a leading authority of paper,
  packaging, and print industry supply chain, the
  demand for corrugated packaging material was
  expected to reach USD 176 billion by 2019 end.
  One of the fundamental reasons behind the growing
  demand for corrugated boxes is the environmental
  benefits associated with these. Corrugated boxes
  and packages contain as much as 46 of recycled
  material, which has a relatively lower impact on
  GHGs, non-renewable energy, and acidification.

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• On top of these, sustainable practices used for
  production of corrugated packaging are often more
  cost-effective and efficient for business,
  creating a win-win situation and lucrative
  opportunities for manufacturers as well as
  consumers across the United States.
• Recently, DS Smith, a leading multinational
  packaging giant had in March 2020, announced the
  launch of its first recycling facility in the
  United States, as a part of its North America
  business expansion plan. Reports have it that the
  plant boasts of the ability to recycle over
  36,000 tons of old and used corrugated cardboard
  almost every year, creating a fully recyclable
  packaging for the customers in the US.
• That said, corrugated cardboard packaging is
  considered to be the backbone of the American
  supply chain. The producers of corrugated boxes
  are rigorously working to keep transport
  packaging smooth for makers of essential
  products, including the likes of packaging for
  food and other essential consumer products such
  as medical and pharmaceutical products, hygiene
  and tissue products, and more, even amidst the
  COVID-19 pandemic.

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360 Industry Analysis

• Amidst the umpteen cartonboards available
  worldwide, benefits associated with use of
  folding boxboard have been enlisted below
• ? Maximum use of low-cost materials.
• ? Favorable sustainability profile.
• ? Optimization of technical and functional
  properties
• ? Light weight packages for similar stiffness
  characteristics.
• Although the use of FBB in North America is
  limited, it is showing an exceptional growth
  pattern. As a matter of fact, the recent imports
  of FBB to the United States have been recorded to
  be around 400,00 metric tpy.
•  

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• Competitive Analysis
• Speaking on these lines, as per a statement
  released by Fiber Box Association president and
  CEO- Dennis Colley, quoted that as COVID-19 is
  looking to transform individuals daily lives,
  the association is going every way possible to
  assure consumers that the box industry is
  continuing to operate and deliver required
  packaging to the users who supply, grocery
  stores, doctors offices, hospitals, and
  pharmacies during coronavirus crisis to keep
  every one healthy and safe during the phase. And
  in this case, corrugated cardboard producers are
  dedicated to continuing to operate box plants
  under the norms and guidelines of CDC and OSHA to
  ensure constant flow of products to the market.
• Let alone the corrugated boxes, folding boxboards
  have also claimed immense popularity in the US
  packaging industry. Folding boxboard is a
  packaging material that has relatively low
  density and high stiffness and is typically
  developed from the mechanical pulp.

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