Adhesives & Sealants Headlines / News / Converting/Packaging

Moderate Growth Expected for Global Cardboard Box and Container Manufacturing Industry

September 5, 2012
/ Print / Reprints /
ShareMore
/ Text Size+

The global cardboard box and container manufacturing industry is expected to gain $452.9 billion in revenue in 2012, according to a new report from IBISWorld. Over the past five years to 2012, industry revenue has declined at an average annual rate of 0.7%. Industry revenue was adversely affected by the global downturn, with decreased demand from manufacturing sectors in developed markets, such as the U.S. and Europe, outweighing strong performance in China, India, and other emerging markets. Although the U.S. was previously the world’s leading producer of cardboard, in 2002 China became the top industry producer and currently accounts for an estimated 33.9% of global production. The U.S. is in a distant second, with 15.4% of the world’s production, according to data from the Food and Agriculture Organization.

Approximately 15,843 companies operate in the global cardboard box and container manufacturing industry, representing an average annual growth of 0.2% over the past five years. The majority of the industry’s companies operate locally, providing cardboard and other packaging to companies within a 150- to 200-mile radius of their facilities. As a result, the industry is fragmented, with the world’s top companies accounting for just 8% of the global industry’s revenue.

Over the five years to 2017, the industry is expected to experience moderate growth. During the five-year period, growth in developing markets is expected to outpace the U.S. and European markets. This will be primarily due to rising packaging requirements as improving wages cause increases in per capita consumption. However, the industry will face continued competition from plastic packaging, which is the second-most used form of packaging.

For additional information, visit www.ibisworld.com.

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!

Podcasts

ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI December 2014 cover

2014 December

The annual Buyers' Guide is here! You won't want to miss this.

Table Of Contents Subscribe

Bonding Plastics

Are you involved in bonding plastics or other difficult-to-bond substrates?
View Results Poll Archive

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.