Investment aims to support the containerboard and papermaking industries as they adapt to meet a variety of changing consumer and environmental requirements, such as the need for stronger natural polymer-based food packaging.
Growth of the market will be due in part to increased at-home deliveries and on-the-go dining in countries, according to a report by Global Market Insights Inc. Plastic, metal and glass packaging are a few factors that may affect paperboard packaging market in coming years.
With growth at a standstill, Vertical Research Partners' packaging and forest products analyst Chip Dillon, offers insight into the U.S. containerboard sector.