North America containerboard quarterly: Q2 2024

As the industry rides out the prolonged demand weakness, containerboard producers look inward and outward and prepare for growth and synergies. The global mega-consolidation continues.

Report summary

In this second issue of the containerboard quarterly, we share updated quarterly forecasts on North American containerboard supply, demand, and prices for the next 24 months, according to our model.

Compared to our last update, forecasts for the Q2 2024 edition suggest a more positive demand recovery and price development, specifically:

- Demand growth to reach 3.7% CAGR in the next 24 months;

- Supply outlook remains largely unchanged but with more volatility in terms of capacity addition and closures;

- Stronger growth in linerboard prices, +8.6% through early 2026.