The unbleached kraft packaging and industrial converting paperboard market in the US saw fluctuating growth from 2013 to 2023. While values dipped in 2016 and 2020, the overall trend was upward. In 2023, sales stood at 15.171 billion USD, marking a 1.42% increase from 2022 with a five-year CAGR of 1.53% from 2018 to 2023. Predictions for 2024 to 2028 indicate continued, but modest growth, with a forecasted CAGR of 1.12%.
Future trends to watch for:
- Increased demand for sustainable packaging solutions.
- Technological advancements in paperboard production.
- E-commerce growth driving packaging needs.
- Regulatory changes impacting production standards.
