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8.67189871222748E-05 0.000260156961366701 -0.000650392403416629 0.000563673416294478 0.00182109872956691 0.000650392403416753 -0.00214629493127522 -0.00264492910722796
Stock impact report

Packaging Corp. of America (PKG) Reports 5% Sales Increase in Q2 2024 [Yahoo! Finance]

Packaging Corporation of America (PKG) 
Last packaging corporation of america earnings: 4/27 05:00 pm Check Earnings Report
US:NYSE Investor Relations: packagingcorp.com
Company Research Source: Yahoo! Finance
The global paper industry faces challenges from digitalization and environmental concerns but sees growth in packaging and specialty papers. Key trends include a shift to sustainable, recyclable packaging, declining graphic paper demand, eco-friendly production processes, and rising demand in emerging markets. In , U.S. paper and paperboard capacity decreased by 1.6% to 79.7 million tons, marking a sharper decline compared to the average annual drop of 0.9% since 2014. Paper and paperboard production also saw a significant decrease of 7.2%, with reductions across all categories except tissue. Since 2012, containerboard has accounted for over 50% of total paper and paperboard capacity, although it saw a slight decline of 0.7% in 2023, remaining near record levels due to prior growth. The printing and writing paper segment experienced a significant decrease, with capacity dropping 5.0% in 2023, now comprising just 12% of total capacity, down from 28% in 2000. Tissue capacity declin Show less Read more
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