Update
North America containerboard quarterly: Q3 2025
The Q3 2025 containerboard quarterly outlines RaboResearch's forecasts for containerboard demand, production, and linerboard prices.

Although GDP may dip slightly into negative territory in Q3 2025, the US appears to have avoided a recession triggered by a full-scale trade war. A milder tariff regime may emerge as the new normal, with pulp and paper products among those affected. In response, producers should take a cautious approach. They must manage capacity and costs carefully, reassess sourcing strategies to reduce exposure to tariffed imports, and strengthen domestic supply chains to improve resilience in a shifting trade landscape.
In the Q3 2025 edition of the containerboard forecast, we expect: