Market Share of North America Paper Packaging Industry
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 the market include International Paper, Smurfit Westrock, Graphic Packaging International, Cascades Inc., and Canadian Paper and Packaging Co. Ltd.
- March 2024: ProAmpac, a global leader in flexible packaging and material science, acquired UP Paper, a leading producer of recycled kraft paper. Established in 2016, UP Paper swiftly became a top North American producer of 100% unbleached recycled kraft paper, serving diverse packaging needs. Leveraging their expertise in fiber and film-based material science, ProAmpac and UP Paper are set to innovate and deliver eco-friendly flexible packaging solutions.
- February 2024: Graphic Packaging divested its bleached paperboard manufacturing facility in Augusta, United States, selling it to Clearwater Paper for USD 700 million. Clearwater Paper perceives this acquisition as a strategic move to bolster its presence in the paperboard manufacturing industry. With an Adjusted EBITDA valuation of approximately USD 100 million, the deal underscores Graphic Packaging's commitment to refining its portfolio.
North America Paper Packaging Market Leaders
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International Paper
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Canadian Paper and Packaging Co. Ltd.
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Smurfit Westrock
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Graphic Packaging International, Inc.
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Cascades Inc.
*Disclaimer: Major Players sorted in no particular order