U.S. Folding Paperboard Box Market. Analysis And Forecast to 2025
Folding Paperboard Box Market - China Becomes the Leading Supplier of Folding Paperboard Boxes amid Imports Rising Steadily
Photo: © gualtiero boffi / Bigstockphoto
The U.S. ranks first in global imports on the folding paperboard box market, accounting for a 12% share (based on USD). France (10%), Germany (8%), and the UK (5%) followed. In 2015, U.S. imports of folding paperboard boxes totaled 1,229 million USD, which was 50 million USD (4%) higher than the year before. From 2007 to 2015, U.S. folding paperboard box imports showed mixed dynamics. A slight drop in 2009 was followed by rapid recovery and further steady growth through to 2015.
With imports growing steadily, the U.S. remains one of the most attractive destinations for overseas suppliers.
China and Canada were the main suppliers of folding paperboard boxes into the U.S., with a combined 79% share of total U.S. imports in 2015. China was the fastest growing supplier (+7.6% per year) from 2007 to 2015, while imports from Canada remained relatively stable. China significantly strengthened its position in the U.S. import structure, from 29% in 2007 to 40% in 2015. By contrast, Canada saw its share reduced by -10 percentage points to 39%.
From 2007 to 2015, the U.S. was a net importer of folding paperboard boxes. However, exports grew a bit faster than imports on average over the period under review. The U.S. trade deficit in this sector worsened over the period under review, growing from 476 million USD in 2007 to 593 million USD in 2015.
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Source: IndexBox AI Platform
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