Market Share of North America Corrugated Packaging Industry
The North American Corrugated Packaging Market is a moderately segmented market with the presence of significant players like International Paper Company, Rengo Co. Ltd, Packaging Corporation of America, Cascades Inc., etc. There is increasing competition among local vendors in the market. Owing to the wide range of corrugated board suppliers, buyers can choose from multiple vendors. Companies are further innovating in terms of various flaps and opening types. Players such as Smurfit Kappa and Sealed air are trying to replace single-use plastics with boxes completely.
- November 2021 - DS Smith launched the quickly erectable tray that is equipped with two automatic lateral bases; the stable and material-optimized packaging solution can be erected in no time, saving valuable time in logistics. It is developed with 100% recyclable construction and is made of 100% corrugated cardboard.
- June 2021 - WestRock Company announced an expansion of its product packaging offerings with the launch of its EverGrow Collection. WestRock EverGrow packaging is curbside recyclable when emptied and flattened, supporting the company's ambition to reduce waste and build a 100% reusable, recyclable, and compostable product portfolio.
- March 2021 - Packaging Corporation of America (PCA) announced plans to start a three-year, USD 440 million project to permanently remodel a paper machine at its Clark County, Alabama, plant to produce liner boards for corrugated boards. After a temporary switch to make linerboards, the company is now converting factory paper machines into 700,000 tons of high-performance virgin kraft linerboard machines annually with a step-by-step approach over the next 36 months.
North America Corrugated Packaging Market Leaders
International Paper Company
Smurfit Kappa Group PLC
DS Smith PLC
Packaging Corporation of America
Georgia-Pacific LLC
*Disclaimer: Major Players sorted in no particular order
