Corrugated & Cartonboard Packaging: Industry Landscape and Trends
Corrugated and cartonboard packaging are essential components of U.S. and global supply chains, valued for their recyclability, cost efficiency, and versatility across end markets. The sector continues to benefit from structural demand drivers such as e-commerce growth, sustainability regulation, and the ongoing shift toward fiber-based packaging as an alternative to plastics. Supported by advancements in packaging design, material efficiency, and strengthened recycling systems, the industry has maintained steady, moderate growth. Although transaction volumes have moderated from 2021 highs, large-scale strategic M&A remains a key feature of the competitive landscape, driving consolidation and expanding scale among leading producers.