North American Corrugated Sheets Market is Forecasted to Reach US$ 344.8 Million in 2030, Says Stratview Research

The global North American corrugated sheets market is projected to witness a growth rate of 3.0% annually from 2024 to 2030, with an anticipated size of US$ 344.8 million by 2030, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global North American corrugated sheets market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics:
Market Size in 2023: US$ 278 million
Market Size in 2030: US$ 344.8 million
Growth (CAGR): 3.0% during 2024-2030
Leading Application Type: Packaging & Protections
Leading Thickness Type: Less than or equal to 5 MM
Leading Material Type: PP
Leading Region: USA
Forecast Period: 2024-2030
Trend Period: 2018-2022
Base Year: 2023
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the North American Corrugated Sheets Market:
The global North American corrugated sheets market is segmented based on application type, thickness type, material type, and region.

Based on application type - The North American Corrugated Sheets Market is segmented into Outdoor Signs & Displays, Packaging & Protections, Building Solutions, and Others. Packaging & Protection is expected to remain dominant as well as the fastest-growing application in the market during the forecast period. Corrugated sheets are preferred for packaging applications owing to their impressive impact resistance. Its strength enhances the durability of containers and packaging systems, providing robust protection against impacts and ensuring the integrity of the packaged items. Key players are adopting recirculating packaging to reduce waste, promote recycling, and minimize environmental impact.

Based on thickness type - The market is segmented into less than or equal to 5 MM, 6-8 MM, and more than 8 MM. Less than or equal to 5 MM is expected to remain the dominant and fastest-growing thickness type in the market during the forecast period. Key advantages of this thickness type include lightweightness, flexibility, ease of cutting and fabricating, and cost-effectiveness. Key applications of this thickness type include packaging of delicate items, electronics, food trays, signage, promotional displays, and printing substrates.

Based on the material type - The market is segmented into PP and PE. PP is projected to remain the dominant and fastest-growing material in the market throughout the forecast period. PP is widely utilized across various industries due to its versatility and cost-effectiveness making it the dominant material of choice. PP can undergo recycling up to four times, while high-density PE demonstrates greater recyclability potential, with up to ten cycles possible. Despite the enhanced sustainability of high-density PE, PP remains economically advantageous offering a lower price point compared to PE. Additionally, The higher melting point of PP in comparison to PE, coupled with its superior chemical resistance, positions it as the preferred material for corrugated sheets. We have not included polycarbonate in our study.

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Which Country Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that the USA is expected to remain the largest market for North American Corrugated Sheets during the forecast period. This growth outlook is majorly attributed to the following-
• The USA possesses a substantial manufacturing base for plastics and related materials, encompassing facilities for both polypropylene production and the manufacturing of Corrugated sheets. As such, it hosts manufacturing facilities for all major players in the market.
• In addition to this the USA's strong economic growth fuels demand across various industries, including packaging, construction, and automotive, all of which are major consumers of Corrugated sheets.
• Mexico is poised to emerge as the fastest-growing market due to its expanding presence across various end-use markets. The diverse applications of corrugated sheets across a wide range of industries contribute significantly to its growth trajectory.

North American Corrugated Sheets Market Drivers:

Some of the key drivers listed in the report are given below.
· Growing demand in the packaging industry. The packaging industry in North America is witnessing healthy growth due to the increasing demand for lightweight, durable, and eco-friendly packaging solutions.
· Increasing environmental awareness and regulations promoting sustainable practices in North America have led to a growing preference for recyclable and biodegradable materials in various industries.

Top Companies in the North American Corrugated Sheets Market:

Stratview Research has identified the following companies as the top market players.
• Inteplast Group including Coroplast and Matra Plast
• Primex Plastics Corporation
• Laminacorr Industries
• CoolSeal USA
• US Plast Inc
• Centralplas LLC
• Minnesota Diversified Industries (MDI)
• Lundell Plastics

What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the market, answering critical questions like
- How big is the sales opportunity?
- Which regions offer the best sales opportunities?
- Which are the most attractive market segments?
- Which are the top players and their market positioning?
- How complex is the business environment?
- What are the factors affecting the market?
For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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