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World Corrugated Boxes to 2019

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Date: 23-Nov-2015
No. of pages: 418
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World demand to reach 260 billion square meters in 2019

Worldwide demand for corrugated boxes is expected to reach 260 billion square meters by 2019. In developed countries, boxes are used widely in all sectors of the economy so demand will track overall economic growth and industrial production trends and continue to be relatively slow growing. In less mature markets, especially in Asia and the Africa/Mideast region, growth will be more robust, as manufacturers in these areas use boxes more intensively for product packaging and transportation.

In all regions, strong growth in e-commerce will increase box usage as will the rising popularity of retail-ready packaging, the latter especially important in developed countries where labor costs are high. Boxes will continue to benefit from their sustainability, good environmental image, and low cost compared to competitive products. In addition, producers continue to upgrade their products in terms of durability and through the use of digital printing.

Developing regions to be fastest growing markets

The Asia/Pacific region accounts for half of all global corrugated box demand, with China alone accounting for 28 percent of the total. Growth in the Chinese market is expected to slow going forward as growth in manufacturing activity moderates and the country’s box industry matures. Despite this deceleration, China will post among the fastest growth in box demand worldwide. Other countries in Asia that are projected to register strong advances include India, the Philippines, Singapore, Thailand, and Vietnam.

The Africa/Mideast region will offer the fastest growth among the six worldwide regions, but will continue to account for less than five percent of global corrugated box demand. While the region has a few appreciable box markets -- Turkey, most notably -- most countries in the region, including the wealthier nations, do not have manufacturing sectors large enough to support substantial corrugated box sales.

Boxes to benefit from good environmental profile

Boxes compete with a number of other packaging materials, such as reusable plastic containers. In addition to their cost and performance advantages, corrugated boxes are viewed as an environmentally preferable packaging format. In most countries, corrugated boxes have fairly well-developed reclamation/recycling infrastructures that prevent most boxes from entering the conventional waste streams. As a result, much of the world’s corrugated box supply is manufactured using old corrugated boxes as a fiber source. Although recycled fibers do not retain sufficient strength to be utilized indefinitely, they can be used several times over, giving them an advantage in areas where environmental considerations are an important part of the packaging selection process.

Containerboard lightweighting to continue

Demand for containerboard used in box production will continue to grow more slowly than global box output due to product lightweighting. Europe has been at the forefront of these efforts due to the region’s strong environmental focus, with box weights in Europe currently only 80 percent of those seen in the US. However, the trend of lightweighting is becoming more prevalent elsewhere in the world, and is leading to weaker growth for containerboard in some markets.

Company Profiles

Profiles global industry participants such as DS Smith, Georgia-Pacific, Oji, International Paper, Packaging Corporation of America, Rengo, Smurfit Kappa & WestRock

Additional Information

This study analyzes the global market for corrugated boxes. Historical data (2004, 2009, and 2014) and forecasts for 2019 and 2024 are provided for containerboard supply and demand and for corrugated box supply and demand by market on a country-by-country and region-by-region basis. Data are presented in square meters (for boxes) and metric tons (for containerboard). Tabular details may not add to totals due to independent rounding. In addition, the terms “shipments,” “supply,” “production,” and “output” are used interchangeably in the study, as are the terms “sales,” “demand,” and “market.” Demand is defined as production from a nation’s domestic corrugated box manufacturing facilities plus imports minus exports.

Data on corrugated box demand, shipments, and raw materials use are derived from differing sources and developed from statistical relationships. Given that variations are commonplace in international reporting, data presented in this study are historically consistent but may vary from other sources. Variances may occur because of definitional differences and various other factors.

World Corrugated Boxes to 2019

Table of Contents

Introduction XVII

I. Executive Summary 1

II. Market Environment 4
General 4
World Economic Overview 5
Recent Historical Trends 5
World Economic Outlook 6
World Demographic Outlook 9
World Personal Consumption Expenditures 11
World Manufacturing Overview 15
World Paper & Paperboard Outlook 17
World Food & Beverage Manufacturing 20
Competitive Technologies 24
Environmental & Regulatory Issues 27
Pricing Trends 30

III. Raw Materials 32
General 32
Containerboard 32
Demand by Region 33
Demand by Grade 36
Recycled Board & Medium 38
Kraft Linerboard 39
Semichemical Medium Board 41
International Containerboard Production 41
International Containerboard Trade 43
Other Materials 44
Adhesives 45
Inks 46
Waxes 47

IV. Overview 49
Regional Overview 49
Demand 50
Production 56
International Trade 57
Markets 59
Food & Beverages 61
Nonfood Nondurable Goods 62
Other Markets 64

V. North America 67
General 67
Corrugated Box Trends 68
Containerboard Trends 71
United States 72
Canada 81
Mexico 87

VI. Western Europe 95
General 95
Corrugated Box Trends 96
Containerboard Trends 100
Belgium 101
France 108
Germany 115
Italy 122
Netherlands 129
Spain 135
United Kingdom 142
Other Western Europe 150

VII. Asia/Pacific 157
General 157
Corrugated Box Trends 158
Containerboard Trends 161
Australia 162
China 169
India 178
Indonesia 185
Japan 192
Malaysia 199
Philippines 205
South Korea 210
Taiwan 216
Thailand 223
Vietnam 228
Other Asia/Pacific 235

VIII. Other Regions 241
Central & South America 241
General 241
Corrugated Box Trends 242
Containerboard Trends 245
Argentina 246
Brazil 252
Other Central & South America 259
Eastern Europe 264
General 264
Corrugated Box Trends 265
Containerboard Trends 267
Poland 268
Russia 275
Other Eastern Europe 282
Africa/Mideast 287
General 287
Corrugated Box Trends 289
Containerboard Trends 291
South Africa 292
Turkey 299
Other Africa/Mideast 305

IX. Industry Structure 311
General 311
Corrugated Box Market Share 313
Containerboard Market Share 317
Industry Restructuring 319
Cooperative Agreements 323
Manufacturing 326
Marketing & Distribution 328
Company Profiles 330
Abbey Sheetfeeding, see DS Smith Allard Emballages, see Alliabox International Alliabox International SL 331
Avance Cartón Ondulado SL, see Alliabox International Bates Container, see Smurfit Kappa Group Bio-PAPPEL SAB de CV 335
Boise, see Packaging of America Bourquin, see Alliabox International Bulleh Shah Packaging Private, see Stora Enso Carter Holt Harvey Limited 337
Carter Holt Harvey Pulp & Paper, see Oji Holdings Cartonajes Petit, see Alliabox International Cascades Incorporated 338
Cascades Sonoco, see Cascades and Sonoco Products Cheng Yang Paper Mill, see Nine Dragons Paper Holdings Color-Box, see Koch Industries Cospak Proprietary, see San Miguel Crockett Packaging, see Packaging Corporation of America DS Smith plc 342
Dunapack Packaging Mosburger, see Alliabox International Duropack, see DS Smith ELYTRA, see Emin Leydier Emin Leydier SA 346
Europac Group 348
Georgia-Pacific, see Koch Industries Gissler & Pass, see Alliabox International Hunyani Holdings Private, see Nampak Ilim Group, see International Paper International Paper Company 350
KapStone Paper and Packaging Corporation 353
Klabin SA 356
Koch Industries Incorporated 358
Kunert Gruppe, see Alliabox International La Veggia, see Alliabox International Lee & Man Paper Manufacturing Limited 361
Longview Fibre Paper and Packaging, see KapStone Paper and Packaging Maritime Paper Products Partnership, see Cascades MeadWestvaco, see WestRock Metsä Group 363
Mondi Group 365
Nampak Limited 367
Neopak 368
Niagara Sheets, see Cascades and WestRock Nine Dragons Paper Holdings Limited 369
Norampac, see Cascades Oji Holdings Corporation 371
OMK Oluklu Mukavva ve Kutu Ambalaj Sanayi, see Industrias Celulosa Aragonesa Orora Limited 376
Orsa International Paper Embalagens, see International Paper Packaging Corporation of America 379
Papeles y Cartones de Europa, see Europac Group Peterson Packaging Group, see Alliabox International Pratt Industries, see Visy Proprietary Rengo Company Limited 382
Rock-Tenn, see WestRock ROSSMANN SAS 387
RTS Packaging, see Sonoco Products and WestRock SA Industrias Celulosa Aragonesa CIF 388
San Miguel Corporation 390
Smurfit Kappa Group plc 392
Sonoco Products Company 395
SP Fiber Holdings, see WestRock Stora Enso Oyj 398
Thai Containers Group, see Rengo THIMM Group 401
TOP-THIMM Opakowania sp zoo, see SA Industrias Celulosa Aragonesa and THIMM Group TRM Packaging, see Alliabox International Victory Packaging, see KapStone Paper and Packaging Vina Kraft Paper, see Rengo Visy Proprietary Limited 404
WestRock Company 407
Other Companies Mentioned in the Study 412

List of Tables

Section I -- Executive Summary
Summary Table 3

Section II -- Market Environment
1 World Gross Domestic Product by Region 9
2 World Population by Region 11
3 World Personal Consumption Expenditures 14
4 World Manufacturing Value Added by Region 17
5 World Paper & Paperboard Production by Region 20
6 World Food & Beverage Manufacturing Value Added by Region 24

Section III -- Raw Materials
1 World Containerboard Demand by Region 34
2 World Containerboard Demand by Grade 37
3 World Container board for Corrugated Box Production by Region 42
4 World Containerboard Net Exports by Region 44

Section IV -- Overview
1 World Corrugated Box Demand by Region 52
2 World Corrugated Box Shipments by Region 57
3 World Corrugated Box Net Exports by Region 58
4 World Corrugated Box Demand by Market 60
5 World Food & Beverage Corrugated Box Demand by Region 62
6 World Nonfood Nondurable Goods Corrugated Box Demand by Region 64
7 Other Markets for World Corrugated Box Demand by Region 66

Section V -- North America
1 North America: Corrugated Box Supply & Demand 70
2 North America: Containerboard Supply & Demand for Corrugated Boxes 72
3 United States: Corrugated Box Supply & Demand 76
4 United States: Containerboard Supply & Demand for Corrugated Boxes 79
5 Canada: Corrugated Box Supply & Demand 84
6 Canada: Containerboard Supply & Demand for Corrugated Boxes 86
7 Mexico: Corrugated Box Supply & Demand 90
8 Mexico: Containerboard Supply & Demand for Corrugated Boxes 92

Section VI -- Western Europe
1 Western Europe: Corrugated Box Supply & Demand 99
2 Western Europe: Containerboard Supply & Demand for Corrugated Boxes 101
3 Belgium: Corrugated Box Supply & Demand 104
4 Belgium: Containerboard Supply & Demand for Corrugated Boxes 106
5 France: Corrugated Box Supply & Demand 111
6 France: Containerboard Supply & Demand for Corrugated Boxes 113
7 Germany: Corrugated Box Supply & Demand 118
8 Germany: Containerboard Supply & Demand for Corrugated Boxes 120
9 Italy: Corrugated Box Supply & Demand 125
10 Italy: Containerboard Supply & Demand for Corrugated Boxes 127
11 Netherlands: Corrugated Box Supply & Demand 132
12 Netherlands: Containerboard Supply & Demand for Corrugated Boxes 134
13 Spain: Corrugated Box Supply & Demand 138
14 Spain: Containerboard Supply & Demand for Corrugated Boxes 140
15 United Kingdom: Corrugated Box Supply & Demand 145
16 United Kingdom: Containerboard Supply & Demand for Corrugated Boxes 147
17 Other Western Europe: Corrugated Box Supply & Demand 153
18 Other Western Europe: Containerboard Supply & Demand for Corrugated Boxes 155

Section VII -- Asia/Pacific
1 Asia/Pacific: Corrugated Box Supply & Demand 160
2 Asia/Pacific: Containerboard Supply & Demand for Corrugated Boxes 162
3 Australia: Corrugated Box Supply & Demand 165
4 Australia: Containerboard Supply & Demand for Corrugated Boxes 167
5 China: Corrugated Box Supply & Demand 173
6 China: Containerboard Supply & Demand for Corrugated Boxes 176
7 India: Corrugated Box Supply & Demand 181
8 India: Containerboard Supply & Demand for Corrugated Boxes 183
9 Indonesia: Corrugated Box Supply & Demand 188
10 Indonesia: Containerboard Supply & Demand for Corrugated Boxes 190
11 Japan: Corrugated Box Supply & Demand 195
12 Japan: Containerboard Supply & Demand for Corrugated Boxes 197
13 Malaysia: Corrugated Box Supply & Demand 201
14 Malaysia: Containerboard Supply & Demand for Corrugated Boxes 203
15 Philippines: Corrugated Box Supply & Demand 207
16 Philippines: Containerboard Supply & Demand for Corrugated Boxes 209
17 South Korea: Corrugated Box Supply & Demand 213
18 South Korea: Containerboard Supply & Demand for Corrugated Boxes 215
19 Taiwan: Corrugated Box Supply & Demand 219
20 Taiwan: Containerboard Supply & Demand for Corrugated Boxes 221
21 Thailand: Corrugated Box Supply & Demand 225
22 Thailand: Containerboard Supply & Demand for Corrugated Boxes 227
23 Vietnam: Corrugated Box Supply & Demand 231
24 Vietnam: Containerboard Supply & Demand for Corrugated Boxes 233
25 Other Asia/Pacific: Corrugated Box Supply & Demand 237
26 Other Asia/Pacific: Containerboard Supply & Demand for Corrugated Boxes 238

Section VIII -- Other Regions
1 Central & South America: Corrugated Box Supply & Demand 244
2 Central & South America: Containerboard Supply & Demand for Corrugated Boxes 246
3 Argentina: Corrugated Box Supply & Demand 249
4 Argentina: Containerboard Supply & Demand for Corrugated Boxes 251
5 Brazil: Corrugated Box Supply & Demand 255
6 Brazil: Containerboard Supply & Demand for Corrugated Boxes 257
7 Other Central & South America: Corrugated Box Supply & Demand 261
8 Other Central & South America: Containerboard Supply & Demand for Corrugated Boxes 262
9 Eastern Europe: Corrugated Box Supply & Demand 266
10 Eastern Europe: Containerboard Supply & Demand for Corrugated Boxes 268
11 Poland: Corrugated Box Supply & Demand 271
12 Poland: Containerboard Supply & Demand for Corrugated Boxes 273
13 Russia: Corrugated Box Supply & Demand 278
14 Russia: Containerboard Supply & Demand for Corrugated Boxes 280
15 Other Eastern Europe: Corrugated Box Supply & Demand 284
16 Other Eastern Europe: Containerboard Supply & Demand for Corrugated Boxes 286
17 Africa/Mideast: Corrugated Box Supply & Demand 290
18 Africa/Mideast: Container board Supply & Demand for Corrugated Boxes 292
19 South Africa: Corrugated Box Supply & Demand 295
20 South Africa: Containerboard Supply & Demand for Corrugated Boxes 297
21 Turkey: Corrugated Box Supply & Demand 302
22 Turkey: Containerboard Supply & Demand for Corrugated Boxes 304
23 Other Africa/Mideast: Corrugated Box Supply & Demand 308
24 Other Africa/Mideast: Containerboard Supply & Demand for Corrugated Boxes 309

Section IX -- Industry Structure
1 Selected Acquisitions & Divestitures 320
2 Selected Cooperative Agreements 325

List of Charts

Section III -- Raw Materials
1 World Containerboard Demand by Region, 2014 35
2 World Containerboard Usage in Corrugated Box Production, 2004-2024 35
3 World Containerboard Demand by Grade, 2004-2024 37

Section IV -- Overview
1 World Corrugated Box Demand by Region, 2014 53
2 Corrugated Box Demand/Gross Domestic Product Relationship, 2014 55
3 World Corrugated Box Demand by Market, 2014 60

Section V -- North America
1 North America: Corrugated Box Demand by Country, 2014 71
2 United States: Industrial Production Index & Corrugated Box Demand, 2005-2014 77
3 United States: Containerboard Usage in Corrugated Box Production, 2004-2024 79
4 Canada: Industrial Production Index & Corrugated Box Demand, 2005-2014 85
5 Canada: Containerboard Usage in Corrugated Box Production, 2004-2024 86
6 Mexico: Industrial Production Index & Corrugated Box Demand, 2005-2014 91
7 Mexico: Containerboard Usage in Corrugated Box Production, 2004-2024 93

Section VI -- Western Europe
1 Western Europe: Corrugated Box Demand by Country, 2014 100
2 Belgium: Industrial Production Index & Corrugated Box Demand, 2005-2014 105
3 Belgium: Containerboard Usage in Corrugated Box Production, 2004-2024 107
4 France: Industrial Production Index & Corrugated Box Demand, 2005-2014 112
5 France: Containerboard Usage in Corrugated Box Production, 2004-2024 114
6 Germany: Industrial Production Index & Corrugated Box Demand, 2005-2014 119
7 Germany: Containerboard Usage in Corrugated Box Production, 2004-2024 121
8 Italy: Industrial Production Index & Corrugated Box Demand, 2005-2014 126
9 Italy: Containerboard Usage in Corrugated Box Production, 2004-2024 128
10 Netherlands: Industrial Production Index & Corrugated Box Demand, 2005-2014 133
11 Netherlands: Containerboard Usage in Corrugated Box Production, 2004-2024 134
12 Spain: Industrial Production Index & Corrugated Box Demand, 2005-2014 139
13 Spain: Containerboard Usage in Corrugated Box Production, 2004-2024 140
14 United Kingdom: Industrial Production Index & Corrugated Box Demand, 2005-2014 146
15 United Kingdom: Containerboard Usage in Corrugated Box Production, 2004-2024 148
16 Other Western Europe: Containerboard Usage in Corrugated Box Production, 2004-2024 155

Section VII -- Asia/Pacific
1 Asia/Pacific: Corrugated Box Demand by Country, 2014 161
2 Australia: Industrial Production Index & Corrugated Box Demand, 2005-2014 166
3 Australia: Containerboard Usage in Corrugated Box Production, 2004-2024 167
4 China: Industrial Production Index & Corrugated Box Demand, 2005-2014 174
5 China: Containerboard Usage in Corrugated Box Production, 2004-2024 176
6 India: Industrial Production Index & Corrugated Box Demand, 2005-2014 182
7 India: Containerboard Usage in Corrugated Box Production, 2004-2024 184
8 Indonesia: Industrial Production Index & Corrugated Box Demand, 2005-2014 189
9 Indonesia: Containerboard Usage in Corrugated Box Production, 2004-2024 191
10 Japan: Industrial Production Index & Corrugated Box Demand, 2005-2014 196
11 Japan: Containerboard Usage in Corrugated Box Production, 2004-2024 197
12 Malaysia: Industrial Production Index & Corrugated Box Demand, 2005-2014 202
13 Malaysia: Containerboard Usage in Corrugated Box Production, 2004-2024 204
14 Philippines: Industrial Production Index & Corrugated Box Demand, 2005-2014 208
15 Philippines: Containerboard Usage in Corrugated Box Production, 2004-2024 210
16 South Korea: Industrial Production Index & Corrugated Box Demand, 2005-2014 214
17 South Korea: Containerboard Usage in Corrugated Box Production, 2004-2024 216
18 Taiwan: Industrial Production Index & Corrugated Box Demand, 2005-2014 220
19 Taiwan: Containerboard Usage in Corrugated Box Production, 2004-2024 222
20 Thailand: Industrial Production Index & Corrugated Box Demand, 2005-2014 226
21 Thailand: Containerboard Usage in Corrugated Box Production, 2004-2024 227
22 Vietnam: Industrial Production Index & Corrugated Box Demand, 2005-2014 232
23 Vietnam: Containerboard Usage in Corrugated Box Production, 2004-2024 233
24 Other Asia/Pacific: Containerboard Usage in Corrugated Box Production, 2004-2024 239

Section VIII -- Other Regions
1 Central & South America: Corrugated Box Demand by Country, 2014 245
2 Argentina: Industrial Production Index & Corrugated Box Demand, 2005-2014 250
3 Argentina: Containerboard Usage in Corrugated Box Production, 2004-2024 251
4 Brazil: Industrial Production Index & Corrugated Box Demand, 2005-2014 256
5 Brazil: Containerboard Usage in Corrugated Box Production, 2004-2024 258
6 Other Central & South America: Containerboard Usage in Corrugated Box Production, 2004-2024 263
7 Eastern Europe: Corrugated Box Demand by Country, 2014 267
8 Poland: Industrial Production Index & Corrugated Box Demand, 2005-2014 272
9 Poland: Containerboard Usage in Corrugated Box Production, 2004-2024 274
10 Russia: Industrial Production Index & Corrugated Box Demand, 2005-2014 279
11 Russia: Containerboard Usage in Corrugated Box Production, 2004-2024 281
12 Other Eastern Europe: Containerboard Usage in Corrugated Box Production, 2004-2024 286
13 Africa/Mideast: Corrugated Box Demand by Country, 2014 291
14 South Africa: Industrial Production Index & Corrugated Box Demand, 2005-2014 296
15 South Africa: Containerboard Usage in Corrugated Box Production, 2004-2024 298
16 Turkey: Industrial Production Index & Corrugated Box Demand, 2005-2014 303
17 Turkey: Containerboard Usage in Corrugated Box Production, 2004-2024 304
18 Other Africa/Mideast: Containerboard Usage in Corrugated Box Production, 2004-2024 310

Section IX -- Industry Structure
1 World Corrugated Box Market Share, 2014 314
2 World Containerboard Market Share, 2014 318

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