North America Corrugated And Folding Carton Packaging Market Share

Market Share of North America Corrugated And Folding Carton Packaging Industry

The North American corrugated and folding carton packaging market is fragmented as the significant factors governing this force are a sustainable competitive advantage through levels of market penetration, innovation, barriers to exit, firm concentration ratio, and power of competitive strategy. International Paper Inc., Packaging Corporation of America, WestRock Company, Smurfit Kappa Group PLC, and Mondi PLC are among the major companies.

• February 2024 - Mondi, a British packaging company, is looking at possible all-share offers in DS Smith. Both companies have a presence in North America and have corrugated portfolios. Mondi confirmed that the possible all-share merger with DS Smith was at an early stage of consideration. A combination of more than GBP 10 billion (USD 13 billion) could be achieved by such an acquisition, making it a major player in the sustainability packaging market.
• January 2024 - Mill-to-market corrugated packing manufacturer Hood Container Corp. acquired Sumter Packaging Corp. Sumter, a manufacturer of high-graphic corrugated displays, graphic packaging, and corrugated packaging in the United States. In addition to paper and packaging, industrial products, home improvement, furniture, healthcare, food and beverages, consumer goods, and automotive are some end markets it serves.

North America Corrugated And Folding Carton Packaging Market Leaders

1. International Paper Company

2. Packaging Corporation of America

3. West Rock Company

4. Smurfit kappa group

5. Mondi PLC

*Disclaimer: Major Players sorted in no particular order