Report Overview

United States Paper Packaging Market – Industry Trends & Forecast Report, 2030

United States Paper Packaging Market size by value was estimated at USD 4.34 billion in 2023. During the forecast period between 2024 and 2030, United States Paper Packaging Market size is expected to expand at a CAGR of 6.17% reaching a value of USD 6.60 billion by 2030. Key factors propelling United States Paper Packaging Market include heightened environmental awareness, stringent regulations on plastic use, the booming e-commerce sector, consumer preference for sustainable packaging, advancements in paper recycling technologies, and the rise of ready-to-eat food products. Additionally, innovative design trends and the push for biodegradable materials contribute to the market's expansion, as businesses and consumers alike seek greener packaging solutions.

Paper Packaging – Overview

Paper packaging is a versatile, eco-friendly solution widely used for protecting, preserving, and transporting products. It is favored for its recyclability, biodegradability, and sustainability. Common forms include cartons, boxes, and bags, serving industries from food to electronics. Innovations in lightweight and durable paper materials have enhanced its appeal, meeting consumer and regulatory demands for environmentally responsible packaging options. Its adaptability and cost-effectiveness make it a preferred choice in the global shift towards sustainable practices.

United States Paper Packaging Market  

Growth Drivers

Advancements in Paper Technology Enhancing Market Growth

Advancements in paper technology, such as improved strength, durability, and water resistance, are pivotal in driving United States Paper Packaging Market's growth. These innovations have led to more versatile and reliable paper-based packaging solutions that cater to diverse industry needs while upholding eco-friendly principles. Such technological progress supports the market's expansion by aligning with the increasing demand for sustainable packaging options.

Challenges

Competition from Plastic Packaging Materials

Despite the shift towards sustainability, United States Paper Packaging Market faces stiff competition from plastic packaging. Plastic's durability, flexibility, and cost-effectiveness continue to make it a preferred choice for many applications, challenging the paper's market share. Efforts to improve plastic's environmental footprint through biodegradable options further intensify this competition, as innovations in plastic technology aim to retain its dominance in the packaging industry.

Impact of Escalating Geopolitical Tensions on United States Paper Packaging Market

Intensifying and further spreading of geopolitical tensions among countries across the major regions could adversely affect United States Paper Packaging Market. Political, trade, and economic conflics between countries often lead to trade restrictions and economic sanctions, disrupting global supply chains. The resulting uncertainty can hinder economic growth, inflate costs, and create barriers to international cooperation. For the paper packaging industry, it may mean increased raw material costs, supply chain delays, and challenges in exporting products. Additionally, geopolitical risks can stifle innovation, affecting companies with substantial exposure to foreign markets. Such conditions could force the U.S. market to adapt strategies, potentially shifting towards more localized supply chains and alternative materials to mitigate risks and maintain operations.

United States Paper Packaging Market

Segmental Information

United States Paper Packaging Market – By Material

By material, United States Paper Packaging Market is divided into Corrugated Board, Specialty Paper, Box-board/Carton Board, Kraft Papers, and Molded Pulp segments. Corrugated board is the largest material segment in United States Paper Packaging Market. Corrugated board is widely used due to its durability, lightweight nature, and cost-effectiveness, making it a popular choice for packaging across various industries. It is extensively used for shipping and transportation, protecting goods during transit. The segment's dominance is driven by the high demand from e-commerce, retail, and food & beverage sectors, which rely heavily on corrugated packaging solutions.

United States Paper Packaging Market – By Product

On the basis of product, United States Paper Packaging Market is divided into Corrugated Boxes, Cartons, Wrapping Paper, Inserts & Dividers, Bottle & Cup Carriers, Cups & Trays, Clamshell, Display Packaging, Bags & Sacks, and Tapes & Labels segments. The corrugated boxes segment is the largest in United States Paper Packaging Market. The segment dominance is due to its widespread use in various industries, including e-commerce, food and beverages, and consumer goods, for its durability, lightweight nature, and cost-effectiveness. The increasing demand for sustainable and recyclable packaging solutions further propels the growth of corrugated boxes, making them the most significant segment in U.S. Paper Packaging Market.

United States Paper Packaging Market – By Level of Packaging

By level of packaging, United States Paper Packaging Market is divided into Primary Packaging, Secondary Packaging, and Tertiary Packaging segments. The primary packaging segment is the largest in United States Paper Packaging Market. This segment dominates due to the rising demand for sustainable packaging solutions in industries like food and beverages, pharmaceuticals, and personal care. Primary packaging, which directly encloses the product, is essential for protection, branding, and meeting regulatory standards. As consumer preferences shift towards eco-friendly options, the use of paper-based primary packaging continues to grow, contributing to its leading position in the market.

Competitive Landscape

Key players in the highly competitive United States Paper Packaging Market include Alpha Packaging Inc., Amcor PLC, Berry Global Inc., Oji Holdings Corporation, Stora Enso, Mondi Group, International Paper Company, Smurfit Kappa Group, DS Smith PLC, and Cascades Inc. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

• In August 2021 - Cascade Inc. launched innovative and 100% recyclable packaging across its cascades fluff and tuff product line.

Scope of the Report

By Material

• Corrugated Board

• Specialty Paper

• Box-board/Carton Board

• Kraft Papers

• Molded Pulp

By Product

• Corrugated Boxes

• Cartons

• Wrapping Paper

• Inserts & Dividers

• Bottle & Cup Carriers

• Cups & Trays

• Clamshell

• Display Packaging

• Bags & Sacks

• Tapes & Labels

By Level of Packaging

• Primary Packaging

• Secondary Packaging

• Tertiary Packaging

By End Use

• Food Packaging

• Beverage Packaging

• Tobacco Packaging

• Healthcare Packaging

• Personal Care & Cosmetics

• Homecare & Toiletries

• Electrical & Electronics

• Industrial Packaging

• Others (including E-Commerce Packaging, Chemical & Fertilizers)

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. United States Paper Packaging Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Growing environmental concerns
         2. Expansion of e-commerce industry
         3. Increasing focus on sustainability
         4. Advancements in paper technology
      2. Restraints
         1. Fluctuating paper prices
         2. Competition from plastic packaging
         3. Limited shelf life for some products
      3. Opportunities
         1. Development of functional paper packaging
         2. Focus on recycled content
         3. Education and awareness campaigns
      4. Challenges
         1. Ensuring sustainable sourcing of paper pulp and minimizing waste
         2. Maintaining food safety
   3. Technological Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. United States Paper Packaging Market: Marketing Strategies
5. United States Paper Packaging Market Overview
   1. Market Size & Forecast, 2019–2030
      1. By Value (USD Billion)
   2. Market Share & Forecast
      1. By Material
         1. Corrugated Board
         2. Specialty Paper
         3. Box-board/Carton Board
         4. Kraft Papers
         5. Molded Pulp
         6. Others
      2. By Product
         1. Corrugated Boxes
         2. Cartons
         3. Wrapping Paper
         4. Inserts & Dividers
         5. Bottle & Cup Carriers
         6. Cups & Trays
         7. Clamshell
         8. Display Packaging
         9. Bags & Sacks
         10. Tapes & Labels
      3. By Level of Packaging
         1. Primary Packaging
         2. Secondary Packaging
         3. Tertiary Packaging
      4. By End Use
         1. Food Packaging
         2. Beverage Packaging
         3. Tobacco Packaging
         4. Healthcare Packaging
         5. Personal Care & Cosmetics
         6. Homecare & Toiletries
         7. Electrical & Electronics
         8. Industrial Packaging
         9. Others (Including E-Commerce Packaging, Chemical & Fertilizers etc.)
6. Competitive Landscape
   1. List of Key Players and Their Products
   2. United States Paper Packaging Company Market Share Analysis, 2023
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Development (Merger, Acquisition, Partnership)
7. Impact of Geopolitical Tension on United States Paper Packaging Market
8. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, SWOT Analysis)
   1. Alpha Packaging Inc
   2. Amcor PLC
   3. Berry Global Inc
   4. Oji Holdings Corporation
   5. Stora Enso
   6. Mondi Group
   7. International Paper Company
   8. Smurfit Kappa Group
   9. DS Smith PLC
   10. Cascades Inc
   11. Other prominent players
9. Key Strategic Recommendations
10. Research Methodology
    1. Qualitative Research
       1.  Primary & Secondary Research
    2.    Quantitative Research
    3.    Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.    Breakdown of Primary Research Respondents
    5.    Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1       United States Paper Packaging Segmentation

Figure 2       United States Paper Packaging Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2023

Figure 4       United States Paper Packaging Market Size, By Value (USD Billion), 2019–2030

Figure 5       United States Paper Packaging Market Share, By Material, By Value (USD Billion), 2019–2030

Figure 6       United States Paper Packaging Market Share, By Product, By Value (USD Billion), 2019–2030

Figure 7       United States Paper Packaging Market Share, By Level of Packaging, By Value (USD Billion), 2019–2030                  

Figure 8       United States Paper Packaging Market Share, By End Use, By Value (USD Billion), 2019–2030                              

List of Tables      

Table 1        United States Paper Packaging Market Size, By Value (USD Billion), 2019–2030

Table 2        United States Paper Packaging Market Share, By Material, By Value (USD Billion), 2019–2030

Table 3        United States Paper Packaging Market Share, By Product, By Value (USD Billion), 2019–2030

Table 4        United States Paper Packaging Market Share, By Level of Packaging, By Value (USD Billion), 2019–2030

Table 6        United States Paper Packaging Market Share, By End Use, By Value (USD Billion), 2019–2030

Table 7        Alpha Packaging Inc Company Overview

Table 8        Alpha Packaging Inc Financial Overview

Table 9        Amcor PLC Company Overview

Table 10      Amcor PLC Financial Overview

Table 11      Berry Global Inc Company Overview

Table 12      Berry Global Inc Financial Overview

Table 13      Oji Holdings Corporation Company Overview

Table 14      Oji Holdings Corporation Financial Overview

Table 15      Stora Enso Company Overview

Table 16      Stora Enso Financial Overview

Table 17      Mondi Group Company Overview

Table 18      Mondi Group Financial Overview

Table 19      International Paper Company - Company Overview

Table 20      International Paper Company Financial Overview

Table 21      Smurfit Kappa Group Company Overview

Table 22      Smurfit Kappa Group Financial Overview

Table 23      DS Smith PLC Company Overview

Table 24      DS Smith PLC Financial Overview

Table 25      Cascades Inc Company Overview

Table 26      Cascades Inc Financial Overview