Freedonia In The News
Article Title: Corrugated, Paperboard Box Demand to Exceed $39 Billion
Publication: Powder & Bulk Solids, 12/3/2014
Freedonia Study: Corrugated & Paperboard Boxes (3235)
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Corrugated and paperboard box demand in the U.S. is forecast to increase 2.6 percent per year to $39.4 billion in 2018, improving from the performance of the recession-impacted 2008-2013 period. Gains will be driven by a rebound in manufacturing output and continued expansion of the overall economy.
According to analyst Esther Palevsky, “Growth will also benefit from heightened demand for value added box types such as those that feature high-quality graphics and printing or are constructed in display-ready form.”
Moreover, as the U.S. becomes more attractive for production, the trend of “reshoring” or “onshoring” of some manufacturing activity will counter the outsourcing of production to low labor cost regions that has restricted growth for the box industry in recent decades. These and other trends are presented in Corrugated & Paperboard Boxes, a new study from The Freedonia Group Inc., a Cleveland-based industry market research firm.
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