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U.S. Corrugated and Folding Boxboard Market size exceeded USD 75 billion in 2022 and is set to witness more than 3.5% CAGR from 2023 to 2032. The robust outlook of the E-commerce sector worldwide and the subsequent rise in demand for packaging materials in the country will propel the demand for corrugated & folding boxboard in the U.S.
E-commerce sector has witnessed a noticeable surge in new consumers and activity in recent years owing to the onset of the COVID-19 pandemic and a significant shift in buyer behavior. Online platforms provide customers with attractive deals and discounts while offering greater personalization and connectivity through regular updates about the latest products. This helps them gain better customer engagement and improved business outcomes.
Report Attribute | Details |
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Base Year: | 2022 |
U.S. Corrugated and Folding Boxboard Market Size in 2022: | USD 75 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 3.6% |
2032 Value Projection: | USD 110 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 300 |
Tables, Charts & Figures: | 245 |
Segments covered: | Product, Printing Technique, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Corrugated & folding boxboards are made of several raw materials, such as virgin & recycled fibers, pulp, starch, kraft paper, etc., that undergo frequent price changes, restraining the market growth. On the other hand, the availability of a comprehensive product portfolio and the increasing product utilization across a number of end-use verticals will strengthen the U.S. corrugated & folding boxboard industry outlook through to 2032.