Industry Analysis & Industry Trends
Exports have kept the Cardboard Box and Container Manufacturing industry afloat despite subdued industrial production and mounting competition from imports over the five years to 2016. The industry is highly dependent on the manufacturing sector for demand, particularly on food, beverage and agricultural producers. However, sales to the manufacturing sector as a whole have declined in recent years due to the long-term trend of offshoring manufacturing operations to low-cost countries that also provide access to emerging markets. Over the five years to 2021, industry operators will find it necessary to contend with declining downstream production, especially food and beverage manufacturing, which is set to decline as a share of GDP over the five-year period... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Cardboard Box and Container Manufacturing industry operates with a low level of market share concentration. The two largest companies are estimated to account for 31.0% of total industry revenue in 2016, with the remaining industry operators each representing a relatively small amount of the market. Indicative of the average player's small size, 78.8% of the industry's establishments are anticipated to employ less than 100 employees in 2016.
Yet, the industry's market share concentration has increased over the five-year period, largely due to Rock-Tenn's substantial growth in recent years. In 2011, Rock-Tenn acquired Smurfit-Stone Container Corporation, previously an industry leader. The acquisition allowed Rock-Tenn to expand its total production capacity to 9.3 mi.. purchase to read more