US corrugated and paperboard box demand to exceed $39 billion in 2018

The Freedonia Group is reporting that the corrugated and paperbox demand in the United States is projected to increase in 2015. The demand is expected to rise to 2.6% per year up to around $39.4 billion in 2018. This is an improvement from the performance of the recession impacted 2008-2013 period. Furthermore, the report suggests that the box production volume will recover from the past decade. What is to come is lighter weight containerboard, this comes from pressure to reduce excess packaging. According to Freedonia, this recovery is driven by a rebound in manufacturing and continued expansion with a growing emphasis on sustainability.

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Source: Modern Materials Handling