Market Share of North America Corrugated Packaging Industry
The North American corrugated packaging market is fragmented, with the presence of significant players like International Paper Company, Packaging Corporation of America, and Cascades Inc. There is increasing competition among local players in the market as consumers can choose from multiple vendors due to the wide range of corrugated board suppliers. Players such as Smurfit Kappa and Sealed Air are aiming to promote sustainability as a part of their growth strategy.
- March 2024: DS Smith launched its DryPack seafood box in North America, replacing non-recyclable expanded polystyrene (EPS) foam boxes. DS Smith’s DryPack is a no-leak, water-resistant, and recyclable box that, when packed with ice, can keep fish fresh below 40 degrees Fahrenheit (4 degrees Celsius) for over 40 hours in cold chain operations. DryPack is reportedly the only containerboard seafood box approved for air freight by the International Air Transport Association, enabling seafood processors to ship fresh fish safely.
- December 2023: DS Smith, a provider of sustainable packaging, completed the installation of its steam recycling technology that reduces energy consumption by 20% in its Columbia, South Carolina, corrugated packaging facility. The new technology installed at the manufacturing plant increases productivity by reducing maintenance downtime at the plant, thus enabling faster output.
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
