Cardboard Packaging & Paper Bag Manufacturing in the UK - Market Research Report (2014-2029)

Packed up: In 2023-24, revenue is expected to rise as downstream manufacturers increase production, boosting packaging sales

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Over the five years through 2023-24, the cardboard packaging and paper bag manufacturing industry is expected to tumble at a compound annual rate of 1% to £5.2 billion. Rising private consumption expenditure and an expanding UK e-commerce sector have supported revenue growth. Nonetheless, competition from low-cost overseas manufacturers has weighed on industry revenue. Intense price competition alongside the economies of scale achieved by more prominent manufacturers through vertical integration has made conditions increasingly difficult for smaller companies, causing some to exit the industry, particularly since the EU referendum, which created an air of economic uncertainty.

Companies in this industry manufacture cardboard packaging and paper bags and sacks. Cardboard packaging includes corrugated and solid cardboard boxes, folding cartons and customised cardboard containers. This industry excludes the manufacture of moulded or pressed articles of paper pulp, like egg cartons and paper plates.