Forecast: Paperboard Mills Turnover in the US

The US paperboard mills turnover saw fluctuating growth from 2013 to 2023, reaching 31.582 billion USD in 2023. The highest annual variation was in 2021 with a 6.48% increase. The average compound annual growth rate (CAGR) over the past five years was 1.16%, indicating moderate growth. Notably, 2020 saw a decline due to market disruptions, followed by a recovery period.

Future trends to watch for:

  • Moderate growth is forecasted with a 0.86% CAGR over the next five years.
  • Sustainable and eco-friendly practices are expected to drive industry innovations.
  • Technological advancements in manufacturing processes may boost productivity and efficiency.

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