Market revenue in 2022 | USD 26,472.0 million |
Market revenue in 2030 | USD 44,085.8 million |
Growth rate | 6.6% (CAGR from 2022 to 2030) |
Largest segment | C flute |
Fastest growing segment | A Flute |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | A Flute, B Flute, C Flute, E Flute, F Flute |
Key market players worldwide | International Paper Co, Georgia-Pacific, WestRock Co, Packaging Corp of America, Stora Enso Oyj Ordinary Shares - Class R, Oji Holdings Corp, Smurfit Kappa Group PLC, Mondi PLC, DS Smith PLC |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to corrugated board market will help companies and investors design strategic landscapes.
C flute was the largest segment with a revenue share of 28.13% in 2022. Horizon Databook has segmented the North America corrugated board market based on a flute, b flute, c flute, e flute, f flute covering the revenue growth of each sub-segment from 2018 to 2030.
North America corrugated board market is majorly dominated by the U.S. as the country has a developed economy with a strong spending power of residing people.
Additionally, industrial sectors of the country, especially healthcare and food & beverages, also have a significant share in the global market, which further supports the demand for corrugated boards across the packaging industry of the region.
Along with these, the increasing digitization and focus on reducing the use of plastics, especially in packaged food, automotive, and healthcare industries, are expected to augment the demand for corrugated boards over the forecast period.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America corrugated board market , including forecasts for subscribers. This continent databook contains high-level insights into North America corrugated board market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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