Current & Future Analysis II-1
Industry Structure II-2
Key Players II-2
Table 1: Leading Producers of Containerboard Worldwide (2003-2005E): Percentage Breakdown of Production Capacity by Company - Smurfit-Stone Container, Weyerhaeuser, International Paper, Georgia Pacific, Jefferson Smurfit Group, SCA, Temple Inland, KAPPA, Packaging Corp. of America, Oji Paper, Klabin, Asia Pulp & Paper, Norampac, Ching Loong, Settsu, and Other (includes corresponding Graph/Chart) II-2
Market Trends II-3
Increasing Role of CPB in Point-of-Purchase Display II-3
Plastic- A Competitor to Paperboard Box? II-3
Shift Towards Value Addition to Existing Products II-3
Smaller Flute Profiles- Increasing Popularity II-4
Regional Growth Trends II-4
Consolidation Continues II-4
Thin-Plate Technology for the Corrugated Market II-4
Review of the Packaging Industry II-5
Table 2: Worldwide Packaging Industry (2003-2005E) - Percentage Breakdown by Material Type (includes corresponding Graph/Chart) II-6
Innovatively Cutting Back Self-Filling Costs II-6
Complementary Virtues of Single-Trip Packaging II-6
Paper and Paperboard Industry in the Year 2000 II-7

2. Product Overview II-8

Corrugated & Solid Fiber Box II-8
Folding Paperboard Box II-8
Set-Up Paperboard Box II-8
Advantages of Corrugated and Paperboard Boxes II-8
Corrugated Intermediate Bulk Containers II-9
Wax-Coated Corrugated Boxes II-9
Benefits of Corrugated and Paperboard Boxes II-9
Protects Goods While Transport and Storage II-9
Efficient and Space-saving Storage II-10
Economical Transport II-10
Corrugated Box Specifications II-10
Table 3: Corrugated Box Specifications of Single Wall Corrugated Boxes II-10
Strength Requirements II-10

3. History of Box Making II-12

Corrugated Paper Development II-12
Decades of Change in the Corrugated Box Industry II-12
History of Corrugated II-13
A Tour Through the World of Corrugated and Paperboard Industry II-13
Folding Cartons - On the Growth Curve II-14

4. Raw Materials Overview II-15

1. Paper and Paperboard II-15
Categorization of Boxes by Parameters- Weight, Performance and Color II-15
Most Common Types of Paperboard II-16
Specific Product Descriptions II-16
Corrugated Board II-16
Flutes and Liners II-16
Polypropylene Hollow Corrugated Board-
A Potential Threat to Corrugated Board II-17
Importance of Paperboard Quality in Packaging II-17
2. Adhesives II-18
3. Waxes II-18

5. End-Use Markets II-19

End-Use Markets - Overview II-19
Packaging Trends in European Fruit and Vegetables II-19
Threat of Returnables II-19
Cosmetics and Toiletries Packaging II-19

6. Production Overview II-20

Production Steps II-20
Containerboard II-20
Table 4: Worldwide Containerboard Production (2001-2002) by Region ('000 Metric Tons) (includes corresponding Graph/Chart) II-20Regional Share Containerboard Production in 2002 II-21
Table 5: Global Containerboard Production (2002): Percentage Share Breakdown by Region II-21
Production of Corrugated Board from Paper II-21
Corrugated Boxes II-21
Table 6: Global Corrugated Production (2002): Percentage Share Breakdown by Region (includes corresponding Graph/Chart) II-21
Table 7: Worldwide Corrugated Production (2001-2002) by Region ('000 Metric Tons) (includes corresponding Graph/Chart) II-22
Various Parts of a Corrugator Machine II-22
Conversion Process II-23
Types of Corrugated Packaging Plants II-23
Corrugated Board Coating II-24
Applying Wax to Corrugated Boxes II-24
Advantages of the three-layer structure II-24
Requirements for Running F and N Flutes II-24
Developments in Production Process II-25
Developments in Prepress activity II-25
Material Developments II-25
Unique Structures II-26
Printing Plate Requirements II-26
Preprint Quality in Postprint Applications II-27
Photopolymer Plates for Postprint II-27
Printing Procedures II-27
Flexographic Printing II-27
Flexographic Vs. Lithographic Printing II-28
Digital Printing II-28
Advantages of Digital Printing II-28
Standardized Printing Systems Being Developed II-28

7. Regulatory Environment II-30

Understanding Corrugated Common Footprint Standard II-30

8. Environmental Analysis II-31

Recycling II-31
Table 8: Worldwide Percentage of Recycled Containerboard Compared to Total Containerboard Capacity in 2004 (includes corresponding Graph/Chart) II-31
Recycling of Old Corrugated Containers II-31
Advantages of Recycling OCC II-31
Mode of Implementing Recycling Program II-32
Guidelines to handle corrugated: II-32
Common Contaminants II-32
End-Market Specifications II-32
Competition from Plastic II-32
Corrugated Boxes Vs. RTP II-33
Carton Innovations Keep Converters on Cutting Edge II-34
Improved UV-Curable Matte Coating Adds Package Eye-Appeal II-34
Lobbying Efforts of FBA II-34

9. Product Launches/ Developments II-36

Stora Enso Launches MultiFlexEII-36
DO Releases New PP Sheet Box II-36
Techno-Box: Reusable Corrugated Plastic Boxes II-36
Boxes for the Vision Impaired II-36
Corrugated Carton Box II-36
Oil Repellent Paperboard Boxes II-37
Paper Companies Pioneer Wax Separation Process II-37

10. Recent Industry Activity II-38

IP Acquires Major Share of CMCP II-38
Cascades Acquires Fraser Papers II-38
Norampac to Acquire International Paper's Plant II-38
Brascan Acquires Ownership in Fraser Papers II-38
Norampac Acquires SPB Canada's Plants II-38
HTRG Acquires Prudential Timber Investments II-38
HTRG Acquires Harvard Management Company's Assets II-39
Barry-Wehmiller Buys Division of Central Bottling II-39
Pacrim to Buy PRC Realty in China II-39
Blue Ridge to Set Up Joint Venture in Panama II-39
Smurfit-Stone in a Joint Venture with Weedon II-39
Interact Proclaims Signature and Interact Services Merger II-39
Jefferson Smurfit and Kappa Sign Merger Agreement II-40
CMPC to Establish Production Plants II-40
JSH Engages in New Unit Set Up II-40
Georgia-Pacific to Renew Pulp and Paper Mill Facility II-40
Klabin Completes Packaging Unit's Renovation and Expansion II-40
Temple-Inland to Shutdown Packaging and Box Plants II-40
Smurfit-Stone to Shut Down Production Operation in North America II-40
Linder Lumber Closes Down Alabama-Based Mill II-40
Norampac Shutdowns Machine in Ontario II-41
International Paper Divests Carter Hold's Stake II-41
Tokan Package Co., Ltd. and Nichiita Package
Industries Co., Ltd. Ink Merger Agreement II-41
SSCC Forms Joint Venture with Hang Yick II-41
Andritz Signs Contract with KPPM II-41
International Paper Divests Weldwood II-41
Anglo American Merges its Division with Bauernfeind II-41
Mondi Europe Acquires Tek-Pol II-42
Mondi Packaging Group Takes Over Bauernfeind Group and Frantschach II-42
Norampac Acquires AIM II-42
SCA Pockets Italian Corrugated Company II-42
Norampac Acquires Johnson Corrugated Products Corp II-42
SCA Takes Over Heritage II-42
DS Smith Acquires Linpac II-43
SCA Takes Over Vincor Group II-43
PCA Pockets Acorn II-43
Georgia-Pacific Acquires Two Plants of Inland Paper II-43
International Paper Signs RFID Agreement (USA) II-43
IP Increase Capacity On Linerboard II-43
Orsa Invests R$210 Million in Production II-43
Stora Enso Opens Second Packaging Mill in Russia II-43
Smurfit-Stone Discontinues Operations at 4 Facilities II-44
MeadWestvaco in a Billion Dollar Divestiture II-44
Norampac's Mexico Plant Divestiture II-44
Nippon Unipac Holding Changes Name to Nippon Paper Group, Inc II-44
Tuscarora Acquires H & R II-44
JSG Takes Over SSCC's European Packaging Operations II-44
ITC Acquires BIPCO II-44
SCA Acquires Southeastern Packaging II-45
SCA Completes US Packaging Acquisition II-45
Alier S.A. Steps into Corrugated World II-45
BOX-Pak Bhd Ventures into Vietnam II-45
MMKG Acquires BMB II-45
Jefferson Smurfit Acquires in Argentina II-45
Mondi Packaging Buys Danisco Pack UK II-46
Weyerhaeuser Buys Out Willamette II-46
DS Smith Takes Over MacFarlane's Corrugated Packaging Operations II-46
Genting Sanyen Partners with OTOR France II-46
Formation of TPN II-47
Texchem Inaugurates New Factory II-47
NUH Decides to Begin New Production Facility at China II-47
OTOR to Increase Capacity II-47
CMPC Initiates a New Containerboard Paper Mill II-47
W Hamburger to Open Corrugated board Plant in Austria II-47
CMPC Opens Corrugated Paper Facility II-48
Boise Cascade Corp. to Stop Corrugated Box Production II-48
Oji Paper of Japan Unites Corrugated Units II-48
Stora Enso Upgrades Russian Plant II-48
BFII Forms Strategic Alliance with WCII II-48
Rengo Installs New Cardboard Plants II-49
IPE Inaugurates New Plant II-49
Xinjiang Commences Production II-49
GLI Licenses IPPM II-49
TI Acquires Gaylord II-49
IP Spin Off Containerboard Mill II-49
OEC Signs Agreement with Burr II-50
Norampac Divests Paper Recovery Division II-50
Inland Acquires Compro II-50
Inland Pockets Converting Operations of Chesapeake II-50
Inland Paperboard and Packaging Pockets Elgin II-50
MPC Mergers with Trupal II-51
Inland Paperboard and Packaging Sells Subsidiary in Chile II-51
Westvaco Acquires IMPAC II-51
Cactus Corrugated Signs Pact with PBCN II-52
Suzano and Riverwood to Sell Igaras II-52
PCA Buys Pactiv's Containerboard and Corrugated Products Business II-52
Jefferson Smurfit Attains Summit by Acquiring Stone Container II-52

11. Focus on Select Global Players II-54

InPeake Packaging, Inc (USA) II-54
International Paper (USA) II-54
Kappa Packaging (The Netherlands) II-54
Mondi Packaging Europe (UK) II-54
Rengo Co. Ltd (Japan) II-55
Svenska Cellulosa Aktiebolaget (Sweden) II-55
SCA Packaging (UK) II-55
Table 9: Corrugated Board Production Capacity of SCA in 2004 (In '000 Metric Tons) (includes corresponding Graph/Chart) II-56
Smurfit-Stone Container Corporation (USA) II-56
Weyerhaeuser Company (USA) II-56

12. Global Market Perspective II-57

Table 10: World Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) II-57
Table 11: World 11-Year Perspective for Corrugated and Paperboard Boxes by Geographic Region - Percentage Breakdown of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) II-57
By Product Segment II-58
Table 12: World Recent Past, Current & Future Analysis for Corrugated & Solid Fiber Boxes by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) II-58
Table 13: World 11-Year Perspective for Corrugated & Solid Fiber Boxes by Geographic Region - Percentage Breakdown of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) II-58
Table 14: World Recent Past, Current & Future Analysis for Folding Paperboard Boxes by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) II-59
Table 15: World 11-Year Perspective for Folding Paperboard Boxes by Geographic Region - Percentage Breakdown of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of WorldMarkets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) II-59
Table 16: World Recent Past, Current & Future Analysis for Set-Up Paperboard Boxes by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 II-60
Table 17: World 11-Year Perspective for Set-Up Paperboard Boxes by Geographic Region - Percentage Breakdown of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) II-60
By End-Use Segment II-61
Table 18: World Recent Past, Current & Future Analysis for Demand of Corrugated and Paperboard Boxes for Non-Durable Products by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) II-61
Table 19: World Recent Past, Current & Future Analysis for Demand of Corrugated and Paperboard Boxes for Non-Durable Products by End-Use Segment - Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Other End-Use Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) II-62
Table 20: World 11-Year Perspective for Demand of Corrugated and Paperboard Boxes for Non-Durable Products by Geographic Region - Percentage Breakdown of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) II-62
Table 21: World 11-Year Perspective for Demand of Corrugated and Paperboard Boxes for Non-Durable Products by End-Use Segment - Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Other End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) II-63
Table 22: World Recent Past, Current & Future Analysis for Demand of Corrugated and Paperboard Boxes for Food & Beverages by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) II-64
Table 23: World 11-Year Perspective for Demand of Corrugated and Paperboard Boxes for Food & Beverages by Geographic Region - Percentage Breakdown of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) II-64
Table 24: World Recent Past, Current & Future Analysis for Demand of Corrugated and Paperboard Boxes for Paper & Publishing Products by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) II-65
Table 25: World 11-Year Perspective for Demand of Corrugated and Paperboard Boxes for Paper & Publishing Products by Geographic Region - Percentage Breakdown of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) II-65
Table 26: World Recent Past, Current & Future Analysis for Demand of Corrugated and Paperboard Boxes for Chemicals & Allied Products by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) II-66
Table 27: World 11-Year Perspective for Demand of Corrugated and Paperboard Boxes for Chemicals & Allied Products by Geographic Region - Percentage Breakdown of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) II-66
Table 28: World Recent Past, Current & Future Analysis for Demand of Corrugated and Paperboard Boxes for Other Non-Durable Products by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) II-67
Table 29: World 11-Year Perspective for Demand of Corrugated and Paperboard Boxes for Other Non-Durable Products by Geographic Region - Percentage Breakdown of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) II-67
Table 30: World Recent Past, Current & Future Analysis for Demand of Corrugated and Paperboard Boxes for Durable Products by Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) II-68
Table 31: World 11-Year Perspective for Demand of Corrugated and Paperboard Boxes for Durable Products by Geographic Region - Percentage Breakdown of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) II-68

III. MARKET

1. United States III-1

A. Market Analysis III-1
Corrugated and Paperboard Box Market -Overview & Outlook III-1
Competition III-1
Challenges from Plastic Packaging III-1
Corrugated Box Market- Competition III-1
Packaging Industry - Outlook III-2
Food Container Market III-2
Outlook III-2
Table 32: US Food Container Demand Market (2003-2005E): Percentage Breakdown of Revenues by Packaging Type - Paperboard, Plastic, Metal, and Glass (includes corresponding Graph/Chart) III-2
Plastic Food Containers III-3
Paperboard Food Containers III-3
Metal Containers III-3
Glass Containers III-3
Corrugated Packaging - Overview III-3
Corrugated and Paperboard Box III-4
Table 33: US Paperboard Production (2003-2004): Percentage Breakdown of Production Volume by Product Type (includes corresponding Graph/Chart) III-4
Key Players III-5
Table 34: Leading Players in the US Corrugated and Paperboard Box Market (2003-2005E): Percentage Breakdown by Sales for Smurfit-Stone, Weyerhaeuser, Temple-Inland, International Paper, Georgia-Pacific, and Others (includes corresponding Graph/Chart) III-5
Table 35: Leading Players in the US Linerboard Market (2003-2005E): Percentage Breakdown by Capacity for Smurfit-Stone, International Paper, Weyerhaeuser, Georgia-Pacific, Temple-Inland, and Others (includes corresponding Graph/Chart) III-5
Market Trends III-6
Corrugated and Paperboard Box- Market Trends by End-Use III-6
Corrugated and Paperboard Box- Market Trends by Box Type III-6
Changing Industry Structure Over the Years III-6
Table 36: US Box Shipments- Percentage Market Share by Type of Supplier: 2000 & 2001 (includes corresponding Graph/Chart) III-7
Increasing Demand for Flute Boxes III-7
Tough Times Ahead for Triple Wall Box III-7
Shifted Focus in End-Use Segments III-7
High Growth End-Use Markets III-7
Cosmetics, Toiletries to Drive Demand of Folding Carton III-8
More Paperboard Converters Focusing on Consumer Packaging III-8
Raw Material Access - A Major Challenge III-8
Merchandisers - Changing Requirements III-8
Business Through Internet III-9
Production Shifts III-9
Factors Affecting Demand III-9
Folding Paperboard Boxes III-9
Environmental Profile III-9
Lobbying Efforts for Folding Paperboard Boxes III-10
Product and Process Innovations III-10
Expanding Customer Base III-10
End-User Profile for Folding Cartons III-11
Industry Overview in the Recent Past III-11
Paperboard Packaging Industry III-11
Prices III-11
Price Fluctuations of CPB III-11
Price Fluctuations of Paperboards III-12
Consolidation Trends Over the Years III-12
End-Use Analysis III-13
Production and Capacity Trends in 2001-2002 III-13
Production and Technological Developments III-14
Environmental Issues III-14
Recycling III-14
Corrugated Recycling III-14
Corrugated and Paperboard Box Recycling III-15
Statistics: Shipments in 2002 III-15
Table 37: US Corrugated Paperboard Box Shipments - Percentage Share Breakdown by Region: 2002 (includes corresponding Graph/Chart) III-15
Table 38: US Folding Carton Box Shipments - Percentage Share Breakdown by Region: 2002 (includes corresponding Graph/Chart) III-16
Recent Industry Activity III-16
Developments in the Last Decade III-21
Key US Players III-23
B. Market Analytics III-25
Table 39: US Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Product Segment - Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-25
Table 40: US Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by End-Use Segment - Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-26
Table 41: US 11-Year Perspective for Corrugated and Paperboard Boxes by Product Segment - Percentage Breakdown of Dollar Sales for Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-26
Table 42: US 11-Year Perspective for Corrugated and Paperboard Boxes by End-Use Segment - Percentage Breakdown of Dollar Sales for Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-27

2. Canada III-28

A. Market Analysis III-28
Industry Overview III-28
Corrugated and Paperboard Box Market - An Outlook III-28
Market Structure III-28
Market Trends III-29
Mini-Flute and Printing III-29
e-Commerce- Potential Business Technique III-29
Factors Affecting Canadian Market III-29
Export -Import Scenario III-29
Technological Advancements III-29
Environmentally Safe Practices III-30
Strategic Corporate Developments III-30
Norampac Inc. - A Key Player III-31
B. Market Analytics III-32
Table 43: Canadian Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Product Segment - Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-32
Table 44: Canadian Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by End-Use Segment - Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-32
Table 45: Canadian 11-Year Perspective for Corrugated and Paperboard Boxes by Product Segment - Percentage Breakdown of Dollar Sales for Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-33
Table 46: Canadian 11-Year Perspective for Corrugated and Paperboard Boxes by End-Use Segment - Percentage Breakdown of Dollar Sales for Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-33

3. Japan III-34

A. Market Analysis III-34
Corrugated and Paperboard Boxes Market- Outlook III-34
Market Dynamics in End-Use Segments III-34
Corrugated Cardboard Trends in End-Use Segments III-34
Futuristic Outlook for Industries Using Corrugated Box III-35
Folding Carton Trends III-35
Price Trends in CPB Market III-35
Paperboard Prices in the Recent Past III-36
Paper and Paperboard Industry in 2001 III-36
Strategic Corporate Developments III-36
Key Japanese Players III-37
B. Market Analytics III-38
Table 47: Japanese Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Product Segment - Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-38
Table 48: Japanese Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by End-Use Segment - Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-39
Table 49: Japanese 11-Year Perspective for Corrugated and Paperboard Boxes by Product Segment - Percentage Breakdown of Dollar Sales for Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-39
Table 50: Japanese 11-Year Perspective for Corrugated and Paperboard Boxes by End-Use Segment - Percentage Breakdown of Dollar Sales for Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-40

4. Europe III-41

A. Market Analysis III-41
Overview & Outlook III-41
Major Players III-42
Table 51:Leading Players in Western European Corrugated and Paperboard Box market (2003-2005E): Percentage Breakdown by Sales for SCA Packaging, Smurfit-Stone, Kappa and Others (includes corresponding Graph/Chart) III-42
Regulations III-42
Paper and Paperboard Industry in the Recent Past III-43
Decreasing Weight of Containerboard III-43
Table 52: Corrugated Board in Europe (2000): Average Weight of Corrugated Board by Country: 2000 (in g/m2) (includes corresponding Graph/Chart) III-43
Corrugated and Paperboard Packaging Industry in the Recent Past III-44
Market Trends III-44
Consolidation III-44
Intrusion of Returnable Transit Packaging into Corrugated Box Market III-45
Supermarkets - The Major End-User for Returnable Transit Packaging III-45
Areas Where Corrugated Boxes Lose Out to RTP III-45
Capacity Trends III-45
B. Market Analytics III-46
Table 53: European Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Geographic Region - France, Germany, Italy, The UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-46
Table 54: European Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Product Segment - Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-47
Table 55: European Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by End-Use Segment - Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-47
Table 56: European 11-Year Perspective for Corrugated and Paperboard Boxes by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, The UK, Spain, Russia, and Rest of Europe Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-48
Table 57: European 11-Year Perspective for Corrugated and Paperboard Boxes by Product Segment - Percentage Breakdown of Dollar Sales for Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-48
Table 58: European 11-Year Perspective for Corrugated and Paperboard Boxes by End-Use Segment - Percentage Breakdown of Dollar Sales for Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-49

4a. France III-50

A. Market Analysis III-50
Corrugated and Paperboard Box Market - Overview & Outlook III-50
Strategic Corporate Development III-50
B. Market Analytics III-51
Table 59: French Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Product Segment - Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets Independently Analyzed with Annual Sales Figuresin US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-51
Table 60: French Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by End-Use Segment - Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-51
Table 61: French 11-Year Perspective for Corrugated and Paperboard Boxes by Product Segment - Percentage Breakdown of Dollar Sales for Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up PaperboardBox Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-52
Table 62: French 11-Year Perspective for Corrugated and Paperboard Boxes by End-Use Segment - Percentage Breakdown of Dollar Sales for Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-52

4b. Germany III-53

A. Market Analysis III-53
Corrugated and Paperboard Box Market Overview III-53
Market Trends III-53
Max Kroenert Maschinenbaufabrik GmbH & Co - A Key Player III-53
B. Market Analytics III-54
Table 63: German Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Product Segment - Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-54
Table 64: German Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by End-Use Segment - Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-54
Table 65: German 11-Year Perspective for Corrugated and Paperboard Boxes by Product Segment - Percentage Breakdown of Dollar Sales for Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-55
Table 66: German 11-Year Perspective for Corrugated and Paperboard Boxes by End-Use Segment - Percentage Breakdown of Dollar Sales for Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-55

4c. Italy III-56

A. Market Analysis III-56
Corrugated and Paperboard Box Market Overview III-56
Key Player III-56
B. Market Analytics III-57
Table 67: Italian Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Product Segment - Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-57
Table 68: Italian Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by End-Use Segment - Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets Independently Analyzed with Annual Sales Figuresin US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-57
Table 69: Italian 11-Year Perspective for Corrugated and Paperboard Boxes by Product Segment - Percentage Breakdown of Dollar Sales for Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-58
Table 70: Italian 11-Year Perspective for Corrugated and Paperboard Boxes by End-Use Segment - Percentage Breakdown of Dollar Sales for Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-58

4d. The United Kingdom III-59

A. Market Analysis III-59
Corrugated and Paperboard Box Market Overview III-59
Paper and Paperboard Packaging Industry III-59
Paperboard Market Composition III-59
Industry Developments III-60
Tough Manufacturing Scenario III-60
Table 71: UK Packaging Industry (2003): Percentage Breakdown by Packaging Material (includes corresponding Graph/Chart) III-60
Industry Activities to Combat Poor Corrugated Container Market Conditions III-61
Plastic Poses a Potential Threat III-61
Liquid Packaging Systems- Overview III-61
Liquid Packaging Systems Lose Ground to Plastics III-61
Paper and Board Packaging Imports III-61
Regulations III-62
Packaging Industry (1997-2001): A Retrospection III-62
Carton Market Gains Stability III-62
Highly Affected Players III-63
Paper Sacks- Outlook III-63
Strategic Corporate Developments III-63
Key Players in the UK III-64
B. Market Analytics III-66
Table 72: UK Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Product Segment - Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-66
Table 73: UK Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by End-Use Segment - Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-66
Table 74: UK 11-Year Perspective for Corrugated and Paperboard Boxes by Product Segment - Percentage Breakdown of Dollar Sales for Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-67
Table 75: UK 11-Year Perspective for Corrugated and Paperboard Boxes by End-Use Segment - Percentage Breakdown of Dollar Sales for Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-67

4e. Spain III-68

A. Market Analysis III-68
Corrugated and Paperboard Box Market Overview III-68
Strategic Corporate Development III-68
Alier S.A - A Key Player III-68
B. Market Analytics III-69
Table 76: Spanish Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Product Segment - Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-69
Table 77: Spanish Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by End-Use Segment - Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-69
Table 78: Spanish 11-Year Perspective for Corrugated and Paperboard Boxes by Product Segment - Percentage Breakdown of Dollar Sales for Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-70
Table 79: Spanish 11-Year Perspective for Corrugated and Paperboard Boxes by End-Use Segment - Percentage Breakdown of Dollar Sales for Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-70

4f. Russia III-71

A. Market Analysis III-71
Corrugated and Paperboard Box Market- Overview III-71
Slump on Export Duties for Cardboard Boxes III-71
Strategic Corporate Developments III-71
Ilim Pulp Enterprise - A Key Player III-72
B. Market Analytics III-72
Table 80: Russian Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Product Segment - Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-72
Table 81: Russian Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by End-Use Segment - Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-73
Table 82: Russian 11-Year Perspective for Corrugated and Paperboard Boxes by Product Segment - Percentage Breakdown of Dollar Sales for Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-73
Table 83: Russian 11-Year Perspective for Corrugated and Paperboard Boxes by End-Use Segment - Percentage Breakdown of Dollar Sales for Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-74

4g. Rest of Europe III-75

A. Market Analysis III-75
Corrugated and Paperboard Box Market Overview III-75
Austria III-75
Austrian Corrugated Packaging III-75
Table 84: Corrugated Packaging Consumption in Austria (2003-2005E): Percentage Breakdown by End Use (includes corresponding Graph/Chart) III-76
Recycling of Corrugated Board III-76
Estonia III-76
Packaging Industry III-76
Table 85: Packaging Industry in Estonia (2003): Percentage Share Breakdown by Sub Sector (includes corresponding Graph/Chart) III-77
Raw Material Scenario III-77
Competition III-77
Strategic Corporate Developments III-78
Key Players in Rest of Europe III-78
B. Market Analytics III-79
Table 86: Rest of Europe Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by Product Segment - Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-79
Table 87: Rest of Europe Recent Past, Current & Future Analysis for Corrugated and Paperboard Boxes by End-Use Segment - Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2000 through 2010 (includes corresponding Graph/Chart) III-80
Table 88: Rest of Europe 11-Year Perspective for Corrugated and Paperboard Boxes by Product Segment - Percentage Breakdown of Dollar Sales for Corrugated & Solid Fiber Box, Folding Paperboard Box, and Set-Up Paperboard Box Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-80
Table 89: Rest of Europe 11-Year Perspective for Corrugated and Paperboard Boxes by End-Use Segment - Percentage Breakdown of Dollar Sales for Non-Durables (Food & Beverages, Paper and Publishing Products, Chemicals & Allied Products, and Others), and Durables End-Use Markets for 2000, 2005 & 2010 (includes corresponding Graph/Chart) III-81