The growing manufacturing sector within the country drives the growth of the containerboard market during the forecast period.

The U.S. Containerboard Market size was valued at USD 26.89 billion in 2023 and is predicted to reach USD 33.49 billion by 2030, with a CAGR of 2.89% from 2024 to 2030. In terms of volume the market size was 34131 kilotons in 2023 and is projected to reach 49576 kilotons in 2030, with a CAGR of 4.75% from 2024 to 2030, according to new research by Next Move Strategy Consulting.

The expansion of the manufacturing sector is a significant factor driving the growth of the U.S. containerboard market. As manufacturing activities increase across various industries, the demand for packaging materials, particularly containerboard, rises correspondingly. Manufacturers need reliable and durable packaging solutions to protect products during storage and transportation. This growth is evident in several key industries, including electronics, automotive, pharmaceuticals, and consumer goods. Each of these sectors requires specialized packaging to ensure product integrity and safety.

The U.S. manufacturing sector contributed USD 2.3 trillion to the economy in 2022, representing 11.4% of the total Gross Domestic Product (GDP), as reported by the National Institutes of Standard and Technology. The U.S. manufacturing sector is characterized by a prominent presence of computer and electronic products, closely followed by chemical manufacturing, food, beverage, and tobacco products, and motor vehicles, trailers, and parts. This diversification of manufacturing activities is driving the demand for cutting-edge and eco-friendly containerboard packaging solutions.

However, the proliferation of alternative packaging materials such as plastics, metals, glass, and composites that presents a potential challenge to the U.S. containerboard market demand. These substitutes could undermine containerboard's market position, particularly if they offer cost advantages or superior performance in specific applications.

Advances in these materials, especially in sustainability and functionality, may lead to increased adoption across industries traditionally reliant on containerboard, potentially eroding it’s the U.S. containerboard market share. On the other hand, the containerboard market anticipates significant growth through the integration of emerging technologies such as nanotechnology and smart packaging. These innovations facilitate the development of cost-efficient, versatile containerboard products that offer enhanced customization and branding opportunities.

Nanotechnology and smart packaging enable features such as active protection and real-time monitoring, further enhancing product appeal and functionality. As these applications continue to evolve and expand, incorporating quantum sensing methods into Containerboard Market is expected to drive substantial the U.S. containerboard market growth in the coming years.

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Several key players operating in the U.S. containerboard industry includes International Paper Company, WestRock Company, Packaging Corporation of America    KapStone, Paper and Packaging Corporation, Menasha Corporation, Georgia-Pacific LLC, Western Container Company, Emenac Packaging, Larsen Packaging Products, Inc., Classic Packaging Corp., and others.

Key Insights from the U.S. Containerboard Market Report:

• The information related to key drivers, restraints, and opportunities and their impact on the containerboard market is provided in the report.

• The value chain analysis in the U.S. containerboard market study provides a clear picture of the roles of each stakeholder.

• The market share of players in the containerboard market is provided in the report along with their competitive analysis.