In 2023, the Paperboard Mills Industry in the US had a gross output of $32.5 billion. Forecasts indicate a steady growth with the industry's output increasing to $32.84 billion in 2024, then rising incrementally each year to $34.3 billion by 2028. This represents an approximate Compound Annual Growth Rate (CAGR) of 1.1% over the five-year period. Year-on-year growth from 2024 to 2028 averages around 0.76%.

Future trends to watch for include:

The impact of sustainability initiatives which could influence production processes and cost structures.
Technological advancements in recycling and production efficiency.
Potential changes in demand due to digital alternatives to traditional paperboard applications.
The influence of global supply chain dynamics and trade policies on the industry's performance.