Folding Paperboard Box Market Overview in the USA

In , the U.S. folding paperboard box market increased by % to $, rising for the second consecutive year after two years of decline. In general, consumption recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of % against the previous year. As a result, consumption reached the peak level of $. from 2017 to , the growth of the market failed to regain the momentum.

In value terms, folding paperboard box production contracted modestly to $ in . Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of % against the previous year. As a result, production attained the peak level of $. from 2017 to , production growth remained at a lower figure.

In , consumption of folding paperboard box increased by % to tonnes, rising for the second consecutive year after two years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the consumption volume increased by % y-o-y. Folding paperboard box consumption peaked at tonnes in 2016; however, from 2017 to , consumption stood at a somewhat lower figure.

The revenue of the folding paperboard box market in the U.S. was estimated at $ in , approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of % against the previous year. As a result, consumption attained the peak level of $. from 2017 to , the growth of the market remained at a somewhat lower figure.

Driven by increasing demand for folding paperboard box in the U.S., the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tonnes by the end of .

Over the period under review, imports of folding paperboard box in the U.S. were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for folding paperboard box.

The U.S. remains a net importer of folding paperboard box; in physical and value terms, imports consistently exceeded exports from 2013 to . In , there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.