Corrugated & paperboard box demand – Box biz: news you can use – Brief Article
Box Demand Projected to Grow Through 2007, Study Says Cleveland–Demand for corrugated and paperboard boxes is projected to climb 2.8 percent per year to more than $35 billion in 2007, rebounding from a low base in 2002, according to a new study from The Freedonia Group, Inc., an industrial market research firm. Advances will be stimulated by an unexpected upswing in shipments of nondurables, which account for more than three quarters of total box demand. Continued strength in the food and beverages market will drive gains, along with an improvement in durable goods markets. The ongoing shift toward increased use of printed and other high-value boxes also will drive gains. According to the report, titled Corrugated & Paperboard Boxes, corrugated and solid fibre boxes will offer the best prospects through 2007, and folding cartons will rebound from lows in 2002. The study also points out that offshore manufacturing will limit advances in folding cartons and lead to continuing shipment declines.
% Annual
Growth
Item 1997 2002 2007 02/97 07/02
Corrugated &
Solid Fibre Boxes 18605 21850 25180 3.3 2.9
Folding
Paperboard Boxes 8585 8560 9750 -0.1 2.6
Set-Up
Paperboard Boxes 530 490 490 -1.6 —
Corrugated &
Paperboard Box Demand 27720 30900 35420 2.2 2.8
Source: [c] 2003 The Freedonia Group, Inc.
COPYRIGHT 2004 Advanstar Communications, Inc.
COPYRIGHT 2004 Gale Group
