US demand for boxes will reach $39.9 billion in 2012. Gains will be driven by the increased production of goods, a shift toward higher-value boxes and the continued popularity of Internet shopping. Corrugated and solid-fiber boxes will remain dominant and offer the best growth opportunities.

This study analyzes the $35.3 billion US corrugated and paperboard box industry. It presents historical demand data for the years 1997, 2002 and 2007, and forecasts for 2012 and 2017 by box board type (e.g., unbleached kraft, recycled, semichemical, bleached kraft); box product (e.g., corrugated and solid fiber, folding paperboard, set-up paperboard); and market (e.g., food and beverages, nonfood nondurable goods, durable goods, nonmanufacturing).

The study also considers market environment factors, evaluates company market share and profiles 28 major players including Smurfit-Stone, International Paper, Weyerhaeuser, Temple-Inland, and Georgia-Pacific.

TABLE OF CONTENTS


SECTION                                                                      PAGE

               INTRODUCTION                                                     x
               
          I.       EXECUTIVE SUMMARY                                            1
                   
         II.       MARKET ENVIRONMENT                                           4
               General                                                          4
               Macroeconomic Outlook                                            5
               Demographic & Household Trends                                  10
               Age Distribution Patterns                                       11
               Household Formation                                             13
               Consumer Income & Spending                                      13
               Retail Sales                                                    15
               Manufacturing                                                   18
               Durable Goods                                                   20
               Nondurable Goods                                                21
               Packaging Industry Trends                                       22
               Competitive Packaging Materials                                 25
               Environmental Image                                             28
               Aesthetics                                                      29
               Historical Market Trends                                        30
               Pricing Trends & Product Mix                                    34
               Paperboard Pricing Trends                                       36
               Environmental & Regulatory Issues                               38
               World Markets                                                   40
               Foreign Trade                                                   41
               
        III.       MATERIALS                                                   44
               General                                                         44
               Supply & Demand                                                 45
               Unbleached Kraft Board                                          47
               Linerboard                                                      48
               Boxboard                                                        50
               Recycled Board                                                  51
               Semichemical Board                                              55
               Bleached Kraft Board                                            57
               Paperboard Consumption in Boxes                                 59
               Corrugated & Solid Fiber Boxes                                  61
               Folding Paperboard Boxes                                        64
                   Set-Up Paperboard Boxes                                     66
               Other Materials Consumption in Boxes                            68
               Adhesives                                                       69
               Inks                                                            70
               Waxes                                                           72
               
         IV.       PRODUCTS                                                    75
               General                                                         75
               Corrugated & Solid Fiber Boxes                                  78
               Products                                                        80
               Capacity                                                        82
               Constructions                                                   84
               Strength Requirements                                           86
               Mini-Flute Corrugated Boxes                                     88
               High-Quality Printing                                           91
               Markets                                                         93
               Folding Paperboard Boxes                                        96
               Products                                                        98
               Windowed Paperboard Boxes                                      101
               Printing & Design                                              103
               Markets                                                        105
               Set-Up Paperboard Boxes                                        109
               
          V.       MARKETS                                                    114
               General                                                        114
               Food & Beverages                                               117
               Food & Beverage Industry Outlook                               117
               Box Demand                                                     119
               Meat, Poultry & Seafood                                        121
               Beverages                                                      125
               Grain Mill Products                                            128
               Fresh Produce                                                  130
               Canned Food                                                    134
               Frozen Food                                                    135
               Bakery Products                                                137
               Dairy Products                                                 139
               Candy & Confections                                            141
               Other Food                                                     143
               Box Types                                                      144
               Nonfood Nondurable Goods                                       147
               Paper & Publishing                                             148
               Paper & Publishing Outlook                                     148
               Box Demand                                                     150
               Chemical & Pharmaceutical Products                             152
               Chemical & Pharmaceutical Industry Outlook                     153
               Box Demand                                                     156
                   Pharmaceuticals                                            158
                   Cosmetics & Toiletries                                     162
                   Cleaning Chemicals                                         165
                   Other Chemical Products                                    167
               Other Nondurable Goods                                         169
               Rubber & Plastic Products                                      171
               Textiles & Apparel                                             173
               Tobacco                                                        174
               All Other Nondurables                                          175
               Durable Goods                                                  177
               Machinery & Equipment                                          178
               Machinery & Equipment Outlook                                  179
               Box Demand                                                     180
               Fabricated Metal Products                                      182
               Fabricated Metal Products Outlook                              183
               Box Demand                                                     184
               Other Durable Goods                                            186
               Stone, Clay & Glass Products                                   188
               Furniture, Lumber & Wood Products                              189
               Motor Vehicle Parts                                            190
               Toys & Sporting Goods                                          191
               Music, Entertainment & Software                                193
               Silverware & Jewelry                                           194
               Instruments & All Other Durables                               195
               Nonmanufacturing                                               196
               Foodservice & Carry-Out                                        198
               Retail Shipping                                                199
               Moving, Storage & Other                                        200


         VI.       INDUSTRY STRUCTURE                                         202
               General                                                        202
               Market Share                                                   206
               Smurfit-Stone                                                  207
               International Paper                                            208
               Weyerhaeuser                                                   209
               Temple-Inland                                                  210
               Georgia-Pacific                                                210
               Corrugated & Solid Fiber Boxes                                 211
               Folding Paperboard Boxes                                       212
               Graphic Packaging                                              214
               Rock-Tenn                                                      215
               Altivity Packaging                                             215
               MeadWestvaco                                                   216
               International Paper                                            217
               Acquisitions & Divestitures                                    218
               Manufacturing                                                  223
               Marketing                                                      224
               Distribution Strategies                                        226
               Cooperative Agreements                                         227
               Competitive Strategies                                         230
               Regional Dynamics                                              232
               Company Profiles                                               234
               Ace Packaging, see International Paper                            
               AGI Media, see MeadWestvaco                                       
               AGI/Klearfold, see MeadWestvaco                                   
               Alliance Display, see Rock-Tenn                                   
               Altivity Packaging LLC                                         235
               Boise Cascade Holdings LLC                                     237
               Boise Incorporated                                             238
               Caraustar Industries Incorporated                              239
               Cascades Incorporated                                          243
               Cin-Made Packaging Group, see Sonoco Products                     
               Color-Box, see Koch Industries                                    
               Cortegra Group, see Menasha                                       
               Creative Press, see Menasha                                       
               Dopaco, see Cascades                                              
               Field Container, see Altivity Packaging                           
               Fold-Pak, see Rock-Tenn                                           
               Georgia-Pacific, see Koch Industries                              
               Graphic Packaging Corporation                                  248
               Green Bay Packaging Incorporated                               250
               Greif Incorporated                                             252
               GSD Packaging, see Rock-Tenn                                      
               International Paper Company                                    253
               Interstate Container, see Interstate Resources                    
               Interstate Paper, see Interstate Resources                        
               Interstate Resources Incorporated                              257
               Koch Industries Incorporated                                   259
               Longview Fibre Company                                         262
               MeadWestvaco Corporation                                       264
               Menasha Corporation                                            269
               Multi-Wall Packaging Corporation                               271
               New Jersey Packaging, see Menasha                                 
               Newark Group Incorporated                                      272
               Norampac, see Cascades                                            
               Packaging Corporation of America                               273
               Pohlig Brothers, see Southern Container                           
               Potlatch Corporation                                           275
               Pratt Industries, see Visy Industries                             
               Premier Boxboard, see Caraustar Industries and 
                   Temple-Inland                                                 
               Rock-Tenn Company                                              276
               RTS Packaging, see Rock-Tenn and Sonoco Products                  
               Schiffenhaus Industries, see Southern Container
               Shorewood Packaging, see International Paper                      
               Simkins Industries Incorporated                                281
               Smurfit-Stone Container Corporation                            282
               Solvay Paperboard, see Southern Container                         
               Sonoco Products Company                                        286
               Southern Container Corporation                                 288
               Specialized Packaging Group Incorporated                       290
               Temple-Inland Incorporated                                     291
               Tri-Wall, see Weyerhaeuser Company                                
               United Corrstack, see Interstate Resources                        
               US Corrugated Incorporated                                     293
               Visy Industries Incorporated                                   294
               Weyerhaeuser Company                                           296
               Other Companies Mentioned in Study                             300
               
               

LIST OF TABLES
                                        
TABLE NUMBER                                                                 PAGE


               SECTION I -- EXECUTIVE SUMMARY
               Summary Table                                                    3

               SECTION II -- MARKET ENVIRONMENT
           1   Macroeconomic Indicators                                         9
           2   Population & Households                                         11
           3   Personal Income & Expenditures                                  15
           4   Retail Sales                                                    18
           5   Manufacturers' Shipments                                        19
           6   Packaging Supply & Demand                                       25
           7   Corrugated & Paperboard Box Market, 1997-2007                   33
           8   Corrugated & Paperboard Box Pricing                             36
           9   Foreign Trade in Corrugated & Paperboard Boxes                  43

               SECTION III -- MATERIALS
           1   Paperboard Supply & Demand by Type                              47
           2   Unbleached Kraft Board Supply & Demand                          48
           3   Recycled Board Supply & Demand                                  54
           4   Semichemical Board Supply & Demand                              56
           5   Bleached Kraft Board Supply & Demand                            59
           6   Paperboard Consumption in Boxes by Grade & Box Type             60
           7   Paperboard Consumption in Corrugated & Solid Fiber Boxes
                   by Material & Grade                                         63
           8   Paperboard Consumption in Folding Paperboard Boxes              66
           9   Paperboard Consumption in Set-Up Paperboard Boxes               67
          10   Other Materials Consumption in Corrugated &
                   Paperboard Boxes                                            68

               SECTION IV -- PRODUCTS
           1   Corrugated & Paperboard Box Supply & Demand                     77
           2   Corrugated & Solid Fiber Box Supply & Demand                    80
           3   Corrugated & Solid Fiber Box Production by Construction         85
           4   Mini-Flute Corrugated Box Shipments                             90
           5   Corrugated & Solid Fiber Box Demand by Market                   95
           6   Folding Paperboard Box Supply & Demand                          98
           7   Windowed Paperboard Box Shipments by Market                    103
           8   Folding Paperboard Box Demand by Market                        108
           9   Set-Up Paperboard Box Supply & Demand                          112

               SECTION V -- MARKETS
           1   Corrugated & Paperboard Box Markets                            116
           2   Food & Beverage Shipments                                      119
           3   Food & Beverage Box Market                                     120
           4   Meat, Poultry & Seafood Box Market                             125
           5   Beverage Box Market                                            128
           6   Grain Mill Product Box Market                                  130
           7   Fresh Produce Box Market                                       133
           8   Canned Food Box Market                                         135
           9   Frozen Food Box Market                                         137
          10   Bakery Product Box Market                                      139
          11   Dairy Product Box Market                                       141
          12   Candy & Confection Box Market                                  143
          13   Other Food Box Market                                          144
          14   Food & Beverage Box Demand by Type                             146
          15   Nonfood Nondurable Goods Box Market                            147
          16   Paper & Publishing Shipments                                   150
          17   Paper & Publishing Box Market                                  152
          18   Chemical & Pharmaceutical Shipments                            156
          19   Chemical & Pharmaceutical Box Demand by Market & Type          158
          20   Pharmaceutical Box Market                                      162
          21   Cosmetic & Toiletry Box Market                                 165
          22   Cleaning Chemical Box Market                                   167
          23   Other Chemical Products Box Market                             169
          24   Other Nondurable Goods Box Demand by Market & Type             171
          25   Durable Goods Box Demand by Market & Type                      178
          26   Machinery & Equipment Shipments                                180
          27   Machinery & Equipment Box Market                               182
          28   Selected Fabricated Metal Product Shipments                    184
          29   Metal Product Box Market                                       186
          30   Other Durable Goods Box Demand by Market & Type                188
          31   Nonmanufacturing Box Demand by Market & Type                   197

               SECTION VI -- INDUSTRY STRUCTURE
           1   US Corrugated & Paperboard Box Sales by Company, 2007          204
           2   Selected Acquisitions & Divestitures                           220
           3   Selected Cooperative Agreements                                229

LIST OF CHARTS
                                        
CHART NUMBER                                                                 PAGE


               SECTION II -- MARKET ENVIRONMENT
           1   Corrugated & Paperboard Box Market, 1997-2007                   33
           2   Paperboard Pricing, 1997-2007                                   37
               
               SECTION III -- MATERIALS
           1   Paperboard Consumption in Boxes, 2007                           61
               
               SECTION IV -- PRODUCTS
           1   Corrugated & Paperboard Box Shipments by Type, 1997-2017        78
           2   Corrugated Capacity, Year-End 2007                              84
           3   Corrugated & Solid Fiber Box Demand by Market, 2007             95
           4   Folding Paperboard Box Demand by Market, 2007                  108
           5   Set-Up Paperboard Box Demand by Market, 2007                   113

               SECTION V -- MARKETS
           1   Corrugated & Paperboard Box Markets, 2007                      116

               SECTION VI -- INDUSTRY STRUCTURE
           1   US Corrugated & Paperboard Box Market Share, 2007              207
           2   Corrugated & Solid Fiber Box Market Share, 2007                212
           3   Folding Paperboard Box Market Share, 2007                      214