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, 2020 – 2026

Industry Trends

U.S. Corrugated and Folding Boxboard Market size was USD 74.5 billion in 2019 and will grow at a CAGR of 3.5% from 2020 to 2026. Exceptional benefits such as high weight to strength ratio offered by corrugated boxes over other conventional packaging alternatives will augment product growth.
 

Get more details on this report - Request Free Sample PDF
 

Corrugated refers to a specific material type composed of liners and flutes. Corrugated boxes are used by various industries, as its advanced construction & design ensures that the material has potential to carry heavy weights, offers protection against moisture, and provides sustainable packaging solutions.
 

As a result of providing enhanced strength, recyclability, lightness, durability, and cost-effectiveness, the product is used in the shipment of a range of products. The food & beverage sector is a major end user of corrugated boxes, due to its ability to ensure quality as well as safety of food items.
 

The U.S. corrugated and folding boxboard market is anticipated to gain momentum in the coming years due to the explosion of e-commerce as well as significant growth in digital printing technologies. In the U.S., contribution of online shopping in the overall retail segment has been increased from 5.5% in 2000 to 11.4% in 2018. The increasing deliveries of e-commerce packages are expected to result in an increased demand for corrugated board packaging as a cost-effective means of distribution.
 

The rising customer preference toward online shopping is driving the U.S corrugated and folding boxboard market over the projected timeframe. According to the U.S. Department of Commerce, the U.S. retail e-commerce sales for 2019 were estimated around USD 601.7 billion with an increase of around 14.9% compared to 2018. However, the total retail sales grew by around 3.4% in 2019 compared to 2018. This has showcased the rising popularity of online shopping among customers.
 

E-commerce players are offering several discounts during festive seasons, attracting more customers toward online shopping. Additionally, innovative campaigns started by several end-user industries that offering product personalization, further complements the growth of ecommerce, thereby supporting market growth. For instance, Nike introduced NIKEiD program that enables customers to order a custom shoe or an athletic bag.
 

Corrugated boxes as the most lucrative product in industry

Get more details on this report - Request Free Sample PDF
 

Corrugated box segment holds a share of over 78% in the overall U.S. corrugated and folding boxboard market. This segment comprises of various categories such as single phase, single wall corrugated box, double wall corrugated boxes, and triple wall corrugated boxes. Among all the types, single wall corrugated boxes are the most used boxes for shipment in the e-commerce industry due to various reasons such as being economical, providing cushioned protection, and offering rigidity, which are the necessary qualities in a shipping container.
 

Double wall corrugated boxes feature a five-ply construction, providing exceptional strength to the packaging. This makes them an ideal choice for being used in the shipment of heavier items, which require additional protection.
 

Double wall corrugated boxes have also proved themselves as a better choice than single wall corrugated boxes for long-term storage of products. Due to their durability and strength, double wall corrugated boxes are highly used in retail outlets and manufacturing facilities.
 

Flexography dominates among all existing printing techniques

Get more details on this report - Request Free Sample PDF
 

Various printing techniques are used in the corrugated & folding box boards market. Most common printing techniques in the industry are lithography, flexography, and digital printing. Printing direct is majorly practiced in the industry, which means printing directly onto a corrugated box. This practice is generally done by digital printing or flexography.
 

Flexography is like a sophisticated rubber stamp, which prints easily on rough materials such as corrugated as well as on smooth materials such as coated liners. This segment shall witness gains of 3.6% CAGR from 2020 to 2026 due to its good speed of printing coupled with quick setup time. The process is good for printing on primary retail packages and on shipper boxes.
 

It is often used to print non-photo images. However, while using corrugated boxes for retail packaging, it is more desirable to use litho label for eye-catching colors as well as excellent graphics.
 

Food and beverages as the major end user for corrugated and folding boxboard market

Get more details on this report - Request Free Sample PDF
 

Corrugated and folding boxboards have numerous applications in many industries such as food & beverage, cosmetic & personal care, textile, etc. The food & beverage segment holds a major share of close to 45% in the overall applications of corrugated & folding box boards. Corrugated packaging keeps the moisture away from food products, which is essentially important for packaged food products as they need to withstand during long shipments.
 

Corrugated and folding box boards are used in the transportation & shipment of various liquid & non-liquid food products. Dairy, beverages, bakery, meat/poultry as well general food processors & suppliers use these packaging systems to drive sustainability, reduce costs, and optimize their value supply chain. Corrugated boxes are mostly used for the storage and shipments of food & beverage products as well as for the agriculture industry.
 

The growing food & beverage industry on account of the increasing e-commerce retail sales in the U.S. corrugated and folding box boards is the major factor fueling the segment growth. The food & beverage industry has played a crucial role in the overall exports in the U.S. Processed food exports have been increasing since the past few years as a result of the increasing demand from emerging economies.
 

North East U.S. was the largest market in 2019

Get more details on this report - Request Free Sample PDF
 

North East U.S. holds a major share of over 25% in the demand for corrugated and folding boxboards market in the U.S. The region has various densely populated states of USA such as New York, Pennsylvania, Massachusetts, New Jersey, etc.
 

Due to a busy lifestyle and increasing per capita income, demand of packaged food products from these states has been substantial. Food and beverages being one of the major end users of corrugated and folding boxboard is expected to witness a high demand in the near future.
 

Increasing strategic alliances to positively influence market growth

Various industrial players engaged in the manufacturing of corrugated and folding boxboard industry have been practicing merger and acquisition techniques to expand their product portfolio as well as regional presence. For instance, In April 2019, Corrugated and Packaging and U.S. Corrugated Holdings, Inc, entered into a strategic alliance with Bio Papal with the aim to integrate their strengths and increasing the regional presence as well as competitiveness for both companies in the U.S. and in Northwest Mexico.
 

The U.S. Corrugated and Folding Boxboard market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in million feet and revenue in USD million from 2016 to 2026, for the following segments:

By Product

• Corrugated box
  • Single phase corrugated boxes
  • Single wall corrugated boxes
  • Double wall corrugated boxes
  • Triple wall corrugated boxes
• Folding boxboard

By printing techniques

• Lithography
• Flexography
• Digital Printing
• Others

By Industry

• Food & beverages
• Personal Care & Home Care
• Medical
• Home Appliances & Electronics
• Other FMCG
• Agriculture
• Industrial
• Chemical & Plastics
• Paper & Carton
• Others
   

The above information is provided on a regional and country basis for the following:

• U.S
  • Southwest U.S.
    • Arizona
    • Texas
    • New Mexico
    • Ro Southwest U.S.
    • Northwest U.S.
    • California
  • Northwest U.S.