Cardboard Packaging and Paper Bag Manufacturing in Ireland - Industry Market Research Report

Packing up: Industry revenue is forecast to rise in 2023 due to continued growth of the online retail sector

Rising private consumption and industrial production levels have contributed to an expanding order book, with cardboard packaging sales primarily tied to consumer spending patterns. The COVID-19 outbreak accelerated growth in the online retail sector, providing a prosperous avenue for lucrative opportunities and preventing a deeper slump in revenue because of disruption to traditional markets. Over the five years through 2023, industry revenue is expected to climb at a compound annual rate of 0.8%, including forecast growth of 1.6% in 2023, to reach €387.7 million. 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. 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.