North America Paper Packaging Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.80 % |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
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North America Paper Packaging Market Analysis
North America continues to be one of the leading markets for paperboard packaging products, with a host of players operating in the country. The paper packaging consumption in North America is expected to grow at the rate of 3.8% CAGR through the forecast period 2021-2026.
- The United States dominates the folding carton packaging market in the North American region, where food is expected to continue as the primary end-user of folding cartons. For instance, according to the Association for Packaging and Processing Technologies, the US food industry is likely to proliferate at a steady rate of 2.9% CAGR through 2022.
- Cartons that are branded and protect products and provide consumers additional value after purchase are being invested in due to the increasing demand for reusability among consumers. For instance, WestRock, one of the major vendors of paperboard solutions, recently showcased one such carton for Asahi beer, wherein the structural design of the bottom tray enables the pack to display cans and hold ice. Multi-use designs, like the Jägermeister carton designed to illuminate parties and the paperboard Ferris wheel that can also serve as a showpiece, are some of the recent examples' indicative of this trend.
- Another end-user that extensively relies on paperboard-based packaging is the retail industry. E-commerce as an industry has doubled in the last five years, with Amazon setting the pace with more than 50 million prime subscribers.
- Corrugated packaging has emerged as a key driver of this market due to its evolution as a point-of-sale display in retail applications, coupled with continuous development in small flute and high-quality graphics board, which is enabling corrugated boxes to penetrate traditional folding carton applications.
- In May 2020, US-based market vendor, International Paper, donated 2 million corrugated boxes due to the dramatic increases in demand for food assistance driven by the economic impact of the COVID-19 pandemic. Many industry experts also claim that food packaging will be the paper packaging industry's largest area of activity in 2020. The USD 900 billion per year worldwide industry will provide a massive opportunity to the sector.
North America Paper Packaging Market Trends
This section covers the major market trends shaping the North America Paper Packaging Market according to our research experts:
Demand for Paper Packaging by Product Type
- Over the decades, there has been growing awareness toward environmental hazards that are related to the disposal and recycling of packaging, with numerous government initiatives and increasingly stringent regulations.
- For instance, Federal Food, Drug, and Cosmetic Act require FDA to ensure that packaging materials do not contaminate food and determine whether new food contact materials are safe or new uses for materials already in use. Although FDA's primary concern is food contact safety for packaging materials, the National Environmental Policy Act (NEPA) requires FDA also to conduct environmental impact assessments of packaging materials.
- Corrugated packaging has emerged as a key driver of this market due to its evolution as a point-of-sale display in retail applications, coupled with continuous development in small flute and high-quality graphics board, which is enabling corrugated boxes to penetrate traditional folding carton applications.
- According to certain studies and estimates, nearly more than half of all paperboard packaging is used in food product segments, such as beverages and dairy products, candy and confectioneries, dry foods, and frozen foods.
- Corrugated cardboard boxes are also the largest in the field of recycled paper, cardboard, and packaging. The corrugated cardboard treatment rate was 96.5%. After disposal, the amount of incineration of corrugated cardboard was 230,000 tons, and the amount of landfill was 940,000 tons.
- According to U.S. Environmental Protective Agency, other papers and cardboard packaging include milk and juice boxes, aseptic boxes for liquid foods and other products packaged in gable top boxes, folding boxes (such as cereal boxes, frozen food boxes, some department store boxes), bags and sacks; wrapping paper. Other packaging materials are made of paper and cardboard (boxes for installation of shoes, cosmetics, candies, etc.).
Rise of Paper Packaging in United States
- More than 60% of all communities in the United States collect and recycle paperboard packaging. Furthermore, companies are also focusing on introducing recyclable paper board products. The Cascades recently launched a cardboard tray made from recyclable fibers. SIG has also launched cartons made from recycled polymers using post-consumer waste.
- As technology becomes increasingly sophisticated and accessible, more and more converters are turning to digital presses to provide customers with speed and flexibility. It has been estimated that high-quality digital printing may become the standard for short-to-medium runs going forward.
- Since the major raw material for paperboard packaging is trees, environmental concerns, coupled with Save the Forest movements, may impact the market. Additionally, paperboard waste is also piling up because the rate of recycling is low compared to the supply and demand.
- The Fibre Box Association, for instance, contends that while 90% of corrugated packaging gets recycled, the remaining 10% still adds up to the environmental waste, which may severely hinder the global market landscape.
- According to the Paper & Paperboard Packaging Environmental Council, Canada, the provinces require Commercial Forest Harvesters to plant new trees and reforestation through direct sowing and natural regeneration. On average, over 1,000 new tree seedlings are planted every minute in Canada.
North America Paper Packaging Industry Overview
The North American paper packaging market is competitive with several influential players. Some of these important players in terms of market share are currently leading the market. These influential players with significant market shares are focused on expanding their customer base abroad. Some of the key players in North America are International Paper, WestRock, Crown Holdings, Cascades Inc., and Paper Packaging Canada.
June 2021: WestRock introduced Evergrow Fiber-based packaging collection, which can be an alternative for single-use plastic packaging, especially for tomatoes and apple snacks. WestRock EverGrow packaging is recyclable when emptied or disassembled, reducing waste and supporting the company's commitment to creating a 100% recyclable, recyclable and compostable product portfolio.
May 2021: Graphic Packaging compnay completed a partnership with International Paper. This partnership helps to meet the ambitious growth and revenue targets set by Vision 2025 to serve a wide range of customers around the world with new and innovative packaging solutions. Growing arms through partnerships with International Paper's consumer packaging business and other organic products.
Feb 2021 - Packaging Corporation Of America announced the conversion of Jackson, AL Mill Paper Machine To a High-Performance Virgin Linerboard. In order to meet strong packaging demand and maintain appropriate inventory levels, the machine temporarily began producing linerboard in the fourth quarter of 2020 and continued producing linerboard in the first quarter of 2021. The mill will now begin preparations to permanently convert the 365,000 ton-per-year No. 3 UFS paper machine to a 700,000 ton-per-year high-performance, virgin kraft liner board machine, in a phased approach, over the next 36 months.
North America Paper Packaging Market Leaders
International Paper
WestRock
Packaging Corporation of America
Cascades Inc
Canadian Paper and Packaging Co. Ltd.
*Disclaimer: Major Players sorted in no particular order
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North America Paper Packaging Market News
- Aug 2021: Cascade Inc launches innovative and 100 percent recyclable packaging across its cascades fluff and tuff product line. The announcement is accompanied by an advertising campaign featuring the brand's adorable rabbits, Push and Tuff, which underscores the company's commitment to always do more for the planet.
- Oct 2021: Sonoco Products Company announced it is expanding post-consumer recovery and recycling opportunities for its iconic EnviroCan™ paper containers in the U.S. to be used as raw material at 10 of its paperboard mills to produce new paperboard.
- Nov 2021: Graphic Packaging completed AR Packaging acquisition, strengthening the market position in fiver-based packaging solutions. The acquisition accelerates Graphic Packaging's growing position serving consumer packaged goods companies around the world with sustainable fiber-based packaging alternatives.
North America Paper Packaging Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Assessment of the COVID-19 Impact
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitutes
4.3.5 Intensity of Competitive Rivalry
4.4 Industry Value Chain Analysis
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increased Emphasis on Convenience and Environmental Issues
5.1.2 Rise in Medicine Counterfeiting Leading to Advanced Packaging and Labeling
5.2 Market Restraints
5.2.1 Environmental Concerns Related to Raw Materials for Packaging and Price Competition
6. MARKET SEGMENTATION
6.1 By End-user Vertical
6.1.1 Food
6.1.2 Beverage
6.1.3 Health Care
6.1.4 Personal Care
6.1.5 Household Care
6.1.6 Electrical Products
6.1.7 Other End-User Products
6.2 By Product Type
6.2.1 Folding Cartons
6.2.2 Corrugated boxes
6.2.3 Other types
6.3 By Country
6.3.1 United States
6.3.2 Canada
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 International Paper Company
7.1.2 WestRock Company
7.1.3 Cascades Inc.
7.1.4 Packaging Corporation of America
7.1.5 Graphic Packaging International
7.1.6 Sonoco Productions Compnay
7.1.7 Canada Paper and Packaging Co. Ltd.
7.1.8 Paper Packaging Canada
7.1.9 Sealed Air Corp.
7.1.10 Proampac
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
North America Paper Packaging Industry Segmentation
Paper and paper-based materials are the most common and most suitable types of packaging materials available today. Paper is a very flexible material. It is mainly made from cellulose from naturally renewable fibers derived from wood and recycled paper. It is therefore considered environmentally well-recyclable and easily recyclable. Paperboard, Corrugated Board, Folding Carton, and Liquid Paperboard is majorly used in North America due to increased demand for reusability among consumers. The report is segmented by Product Type, End-User Industry, and Country.
| By End-user Vertical | |
| Food | |
| Beverage | |
| Health Care | |
| Personal Care | |
| Household Care | |
| Electrical Products | |
| Other End-User Products |
| By Product Type | |
| Folding Cartons | |
| Corrugated boxes | |
| Other types |
| By Country | |
| United States | |
| Canada |
North America Paper Packaging Market Research FAQs
What is the current North America Paper Packaging Market size?
The North America Paper Packaging Market is projected to register a CAGR of 3.80% during the forecast period (2024-2029)
Who are the key players in North America Paper Packaging Market?
International Paper, WestRock, Packaging Corporation of America, Cascades Inc and Canadian Paper and Packaging Co. Ltd. are the major companies operating in the North America Paper Packaging Market.
What years does this North America Paper Packaging Market cover?
The report covers the North America Paper Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Paper Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Paper Packaging Industry Report
Statistics for the 2024 North America Paper Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Paper Packaging analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
