TABLE OF CONTENTS
SECTION PAGE
Introduction ix
I. Executive Summary 1
II. Market Environment 4
General 4
Macroeconomic Outlook 5
Demographic & Household Trends 9
Consumer Income & Spending 12
Retail Sales 14
Manufacturing 16
Packaging Industry Outlook 19
Competitive Packaging Materials 23
Environmental Image 26
Aesthetics 28
Historical Market Trends 29
Pricing Trends & Product Mix 32
Paperboard Pricing Trends 35
Environmental & Regulatory Issues 37
World Markets 40
Foreign Trade 41
III. Materials 45
General 45
Supply & Demand 46
Unbleached Kraft Board 48
Linerboard 49
Boxboard 51
Recycled Board 52
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 67
Other Materials Consumption in Boxes 68
Adhesives 69
Inks 71
Waxes 73
IV. Products 75
General 75
Corrugated & Solid Fiber Boxes 79
Products 81
Capacity 83
Constructions 85
Strength Requirements 87
Mini-Flute Corrugated Boxes 88
High-Quality Printing 91
Markets 93
Folding Paperboard Boxes 96
Products 99
Windowed Paperboard Boxes 101
Printing & Design 104
Markets 105
Set-Up Paperboard Boxes 109
V. Markets 114
General 114
Food & Beverages 117
Food & Beverage Industry Outlook 118
Box Demand 120
Beverages 122
Meat, Poultry & Seafood 125
Grain Mill Products 129
Fresh Produce 131
Canned Food 135
Frozen Food 136
Bakery Products 139
Dairy Products 141
Candy & Confections 143
Other Food 145
Box Types 147
Nonfood Nondurable Goods 149
Paper & Publishing 150
Paper & Publishing Outlook 151
Box Demand 153
Chemical & Pharmaceutical Products 155
Chemical & Pharmaceutical Industry Outlook 156
Box Demand 159
Pharmaceuticals 161
Cosmetics & Toiletries 165
Cleaning Chemicals 167
Other Chemical Products 169
Other Nondurable Goods 171
Rubber & Plastic Products 173
Textiles & Apparel 174
Tobacco 176
All Other Nondurables 177
Durable Goods 178
Machinery & Equipment 180
Machinery & Equipment Outlook 181
Box Demand 182
Fabricated Metal Products 184
Fabricated Metal Products Outlook 185
Box Demand 186
Other Durable Goods 188
Stone, Clay & Glass Products 190
Furniture, Lumber & Wood Products 191
Toys & Sporting Goods 192
Music, Entertainment & Software 194
Silverware & Jewelry 195
Motor Vehicle Parts 196
Instruments & All Other Durables 197
Nonmanufacturing 198
Foodservice & Carry-Out 199
Retail Shipping 201
Moving, Storage & Other 203
VI. Industry Structure 205
General 205
Market Share 209
International Paper 211
Smurfit-Stone 212
Georgia-Pacific 213
Temple-Inland 214
Graphic Packaging 214
Packaging Corporation of America 215
Rock-Tenn 216
Corrugated & Solid Fiber Boxes 216
Folding Paperboard Boxes 218
Graphic Packaging 220
Rock-Tenn 221
MeadWestvaco 221
Cascades 222
International Paper 223
Acquisitions & Divestitures 223
Manufacturing 227
Marketing 229
Distribution Strategies 230
Cooperative Agreements 232
Competitive Strategies 234
Regional Dynamics 237
Company Profiles 239
Altivity Packaging, see Graphic Packaging Holding
Anderson Packaging, see US Corrugated
Boise Incorporated 240
Caraustar Industries Incorporated 242
Cascades Incorporated 244
Clearwater Paper Corporation 248
CorrChoice, see Greif
Cortegra Group, see Menasha
Crockett Container, see Temple-Inland
Dopaco, see Cascades
Fold-Pak, see Rock-Tenn
Georgia-Pacific, see Koch Industries
Graphic Packaging Holding Company 250
Green Bay Packaging Incorporated 253
Greif Incorporated 255
International Paper Company 257
Interstate Resources Incorporated 262
Koch Industries Incorporated 264
Longview Fibre Paper and Packaging Incorporated 267
MeadWestvaco Corporation 269
Menasha Corporation 273
Multi Packaging Solutions 275
Newark Group Incorporated 276
Niagara Sheets, see Cascades and Smurfit-Stone Container
Norampac, see Cascades
Packaging Corporation of America 277
PaperWorks Industries Incorporated 279
Potlatch Corporation 281
Pratt Industries, see Visy
Premier Boxboard, see Temple-Inland
Rock-Tenn Company 282
RTS Packaging, see Rock-Tenn and Sonoco Products
Shorewood Packaging, see International Paper
Simkins Industries Incorporated 287
Smurfit-Stone Container Corporation 288
Sonoco Products Company 291
Southern Container, see Rock-Tenn
Specialized Packaging Group, see PaperWorks Industries
Temple-Inland Incorporated 294
US Corrugated Incorporated 296
Visy Pty Limited 298
Weyerhaeuser Company 300
Other Companies Mentioned in Study 301
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- Executive Summary
Summary Table 3
SECTION II -- Market Environment
1 Macroeconomic Indicators 8
2 Population & Households 11
3 Personal Consumption Expenditures 13
4 Retail Sales 16
5 Manufacturers’ Shipments 19
6 Packaging Supply & Demand 23
7 Corrugated & Paperboard Box Market, 1999-2009 31
8 Corrugated & Paperboard Box Pricing 35
9 Foreign Trade in Corrugated & Paperboard Boxes 44
SECTION III -- Materials
1 Paperboard Supply & Demand by Type 48
2 Unbleached Kraft Board Supply & Demand 49
3 Recycled Board Supply & Demand 55
4 Semichemical Board Supply & Demand 57
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 64
8 Paperboard Consumption in Folding Paperboard Boxes 67
9 Paperboard Consumption in Set-Up Paperboard Boxes 68
10 Other Materials Consumption in Corrugated &
Paperboard Boxes 69
SECTION IV -- Products
1 Corrugated & Paperboard Box Supply & Demand 78
2 Corrugated & Solid Fiber Box Supply & Demand 81
3 Corrugated & Solid Fiber Box Production by Construction 86
4 Mini-Flute Corrugated Box Shipments 91
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 120
3 Food & Beverage Box Market 122
4 Beverage Box Market 125
5 Meat, Poultry & Seafood Box Market 128
6 Grain Mill Product Box Market 131
7 Fresh Produce Box Market 134
8 Canned Food Box Market 136
9 Frozen Food Box Market 139
10 Bakery Product Box Market 141
11 Dairy Product Box Market 143
12 Candy & Confection Box Market 145
13 Other Food Box Market 146
14 Food & Beverage Box Demand by Type 149
15 Nonfood Nondurable Goods Box Market 150
16 Paper & Publishing Shipments 152
17 Paper & Publishing Box Market 155
18 Chemical & Pharmaceutical Shipments 159
19 Chemical & Pharmaceutical Box Demand by Market & Type 161
20 Pharmaceutical Box Market 165
21 Cosmetic & Toiletry Box Market 167
22 Cleaning Chemical Box Market 169
23 Other Chemical Products Box Market 171
24 Other Nondurable Goods Box Demand by Market & Type 172
25 Durable Goods Box Demand by Market & Type 180
26 Machinery & Equipment Shipments 182
27 Machinery & Equipment Box Market 184
28 Selected Fabricated Metal Product Shipments 186
29 Metal Product Box Market 188
30 Other Durable Goods Box Demand by Market & Type 190
31 Nonmanufacturing Box Demand by Market & Type 199
SECTION VI -- Industry Structure
1 US Corrugated & Paperboard Box Sales by Company, 2009 208
2 Selected Acquisitions & Divestitures 226
3 Selected Cooperative Agreements 234
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- Market Environment
1 Corrugated & Paperboard Box Market, 1999-2009 32
2 Paperboard Pricing, 1999-2009 37
SECTION III -- Materials
1 Paperboard Consumption in Boxes by Grade, 2009 61
SECTION IV -- Products
1 Corrugated & Paperboard Box Shipments by Type, 1999-2019 79
2 Corrugated Capacity, Year-End 2009 85
3 Corrugated & Solid Fiber Box Demand by Market, 2009 95
4 Folding Paperboard Box Demand by Market, 2009 109
5 Set-Up Paperboard Box Demand by Market, 2009 113
SECTION V -- Markets
1 Corrugated & Paperboard Box Markets, 2009 117
SECTION VI -- Industry Structure
1 US Corrugated & Paperboard Box Market Share, 2009 210
2 Corrugated & Solid Fiber Box Market Share, 2009 218
3 Folding Paperboard Box Market Share, 2009 219