Total U.S. Containerboard Production Decreased 3.1 Percent in Q3 2025

The operating rates for all four major grades in Q3 2025 increased from Q2 as capacity declined 1.7% over the same period.

Nov. 1, 2025 - The American Forest & Paper Association (AF&PA) has released the Q3 2025 Containerboard Quarterly report. According to the report, total Containerboard production in Q3 decreased 3.1% compared to Q3 2024. It was down 3% when compared to the same nine months of 2024.

The operating rates for all four major grades increased from Q2 as capacity declined 1.7% over the same period. Year-to-date operating rates are flat compared to 2024.

Domestic new supply in Q3 was essentially flat compared to Q1 2025, which was an improvement from a weak second quarter.

Inventories at mills peaked in August to nearly 462 thousand short tons, climbing to their highest level in over 15 months, and then declined 8% in September.

A subscription to the complete report with detailed tables, charts and historical data can be purchased by contacting Kory Bockman at Statistics_Publications@afandpa.org or 202-463-4716.

About AF&PA

The American Forest & Paper Association (AF&PA) serves to advance U.S. paper and wood products manufacturers through fact-based public policy and marketplace advocacy. The forest products industry is circular by nature. AF&PA member companies make essential products from renewable and recycle resources, generate renewable bioenergy and are committed to continuous improvement through the industry's sustainability initiative — Better Practices, Better Planet 2030: Sustainable Products for a Sustainable Future.

The forest products industry accounts for approximately 5% of the total U.S. manufacturing GDP, manufactures about $350 billion in products annually and employs about 925,000 people. The industry meets a payroll of about $65 billion annually and is among the top 10 manufacturing sector employers in 43 states.

SOURCE: AF&PA