U.S. Corrugated and Folding Boxboard Market Size

U.S. Corrugated and Folding Boxboard Market Size

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.

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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.

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.