Industry Analysis & Industry Trends
Subdued industrial production and mounting competition from imports have harmed the performance of the Cardboard Box and Container Manufacturing industry. Moreover, cardboard box and container manufacturers continue to experience escalating competition from imported corrugated products. Over the five years to 2021, revenue is forecast to continue to fall. Industry operators will find it necessary to contend with declining downstream production, especially food and beverage manufacturing, and competition from substitute products is anticipated to intensify, hurting industry demand... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Cardboard Box and Container Manufacturing industry is in the decline stage of its economic life cycle; this stage is characterized by a slow decline in the number of establishments and clearly segmented product lines. Industry value added (IVA), which measures an industry's contribution to the overall economy, is expected to decrease at an annualized rate of 1.1% over the 10 years to 2021. In contrast, GDP is projected to grow at an annualized rate of 1.9% over the same period. These figures signify that the industry's share of the domestic economy is slowly declining.
Over the 10 years to 2021, the number of Canadian cardboard manufacturing facilities is forecast to decline at an annualized rate of 0.9%, reaching 246 establishments in 2021... purchase to read more