$44.5bn
$X.Xbn
40,092
80
$X.Xbn
Manufacturers in the Paperboard Mills industry produce paperboard, an intermediate good used primarily in manufacturing cardboard boxes. Industry demand is driven mainly by consumer purchases of products that use these containers for shipping and packaging. Growing consumer spending during the period has supported industry demand and boosted revenue, despite rising imports into the industry, which has limited the industry's overall growth. Revenue gains have also been limited as paperboard products have contended with rising competition from substitute materials, especially plastic packaging. Overall, revenue increased by a CAGR of 2.8% to $44.5 billion over the past five years, including a 5.8% increase in 2024.
Industry revenue has grown at a CAGR of 2.8 % over the past five years, to reach an estimated $44.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Westrock Co | 14,397.6 | 981.4 | 6.8 | |
Packaging Corp Of America | 5,529.0 | 1,171.2 | 21.2 | |
International Paper Company | 4,854.8 | 478.7 | 9.9 |
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Industry revenue is measured across several distinct product and services lines, including Unbleached kraft paperboard, Bleached paperboard and Semichemical and other paperboard. Unbleached kraft paperboard is the largest segment of the Paperboard Mills in the US.
Unbleached kraft paperboard will see an environmentally friendly change
This industry processes pulp, used paper and old corrugated containers (OCC) into various paperboard varieties, including unbleached and bleached packaging paperboard, coated paperboard, industrial converting paperboard and recycled paperboard. The paperboard this industry produces is sold mainly to cardboard box and container manufacturers and to a range of consumer and industrial product producers for further processing.
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NAICS 32213 - Paperboard Mills in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Substitutes cause revenue volatility. Since operators manufacture highly commoditized products with many readily available substitutes, they’re subject to price fluctuations ...
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Unbleached kraft paperboard is becoming environmentally friendly. Downstream manufacturers have increasingly favored recycled paperboard to reduce its societal influence, enc...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The Southeast's proximity to raw materials makes it a prime location. The vicinity to raw materials, like wood chips, pulp and old corrugated containers allows for inexpensiv...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Paperboard mills compete primarily on price. Since paperboard is used mainly as an input material for other products, fees must be highly competitive to achieve recurring sal...
Learn about the performance of the top companies in the industry.
A few companies own more than 5.0% of the market share. For Westrock Co. and Packaging Corp Of America, firm supplier contracts and access to capital help control a large per...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Recovering economic conditions post-pandemic have increased demand. Paperboard is ultimately required for packaging in a wide range of downstream consumer goods industries an...
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Purchase costs have climbed because of volatile input costs. Paperboard is a homogenous product and prices tend to align with the costs of critical inputs like wood pulp.
Including values and annual change:
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Key data sources in the US include:
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The market size of the Paperboard Mills in the US industry in United States is $44.5bn in 2024.
There are 80 businesses in the Paperboard Mills in the US industry in United States, which has grown at a CAGR of 1.0 % between 2019 and 2024.
The market size of the Paperboard Mills in the US industry in United States has been growing at a CAGR of 2.8 % between 2019 and 2024.
Over the next five years, the Paperboard Mills in the US industry in United States is expected to grow.
The biggest companies operating in the Paperboard Mills market in United States are Westrock Co, Packaging Corp Of America and International Paper Company
Producing unbleached and bleached packaging paperboard and Producing recycled paperboard are part of the Paperboard Mills in the US industry.
The company holding the most market share in United States is Westrock Co.
The level of competition is high and steady in the Paperboard Mills in the US industry in United States.