The trend of Corrugated cardboard industry analysis by 2022

Published On: June 15, 2020

The corrugated cardboard field is in a growing trend

The corrugated paper and cardboard field is showing a growing trend. In 2022, it is estimated that the demand for folded cartons will reach the US $ 12.8 billion. If the tariffs continue to increase as planned, it will lead to increased domestic production capacity in the US and a faster transition to flexible packaging.

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According to a corrugated cardboard industry analysis that by 2022, the demand for folding cartons will grow at an annual rate of 3.9%, reaching the US $ 12.8 billion. In 2018, the Trump government imposed a 10% tariff on folding cartons exported from China and plans to increase it to 25% by January 1, 2019. However, in December 2018, China and the United States agreed to temporarily stop raising tariffs.

China is the second-largest supplier of Corrugated cardboard in the USA

Although US folding cartons accounted for 5% of demand in 2017, there is still a trade deficit in this area. China ’s low production costs offset freight costs and are the second largest supplier of folding cartons in the US. Classified by value, Canada, due to its geographical proximity and abundant forestry resources, and its own processing facilities, accounts for half of the total volume of folded cartons imported from the United States. Regardless of quantity or value, China is the second-largest supplier of folding cartons in the United States because China’s low production costs offset freight costs.

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The main demand comes from e-commerce and catering market

Corrugated boxes and cardboard boxes will reach 42.5 billion US dollars, with small and rapidly developing e-commerce contributing 16%. The demand for various types of corrugated boxes and cardboard boxes is expected to grow at a rate of 2.6% per year by 2022, reaching 42.5 billion US dollars (about 287 billion yuan). Half of the demand comes from the large catering market, and the small and rapidly e-commerce sector contributes 16% of carton sales.

Factories constantly improve corrugated slitting knives to increase output, so that the global demand for corrugated cardboard could be reach

With the continuous optimization and improvement of corrugated paper production lines, more and more factories have improved the cemented carbide corrugated slitting blades with higher speed and more smooth cutting performance. The output of corrugated paper is increasing rapidly to meet the growing global demand for corrugated cardboard.

The demand for various types of corrugated boxes and cardboard boxes is expected to grow at a rate of 2.6% per year by 2022, reaching 42.5 billion US dollars. Half of the demand comes from the large catering market, and the e-commerce sector contributes 16% of carton sales. So all the factories constantly improve corrugated slitting knives to increase output, so that the global demand for corrugated cardboard could be reached.

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