Overview and Scope
A corrugated handle box refers to a handle box that is used as shipping or transportation containers. The corrugated handle boxes are made of sheets of paper and cardboard containing three layers of material on the sides, namely an interior layer, an outside layer, and a middle layer. These boxes offer protection, durability, and cushioning for shipping and storing products. These boxes are biodegradable and can be recycled and reused.
Sizing and Forecast
The corrugated handle box market size has grown steadily in recent years. It will grow from $44.62 billion in 2023 to $46.47 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to rapid urbanization, modernization, and globalization, increased environmental awareness, growth of the e-commerce sector.
The corrugated handle box market size is expected to see strong growth in the next few years. It will grow to $58.09 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to evolving environmental regulations, increasing demand for eco-friendly packaging, rising need for streamlined operations, increasing population, and emerging economy. Major trends in the forecast period include strategic collaborations, geographical expansion, advancements in manufacturing processes, and technological solutions.
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Segmentation & Regional Insights
The corrugated handle box market covered in this report is segmented –
1) Corrugated Handle Box Market By Material: Kraft Paper, Container Board, Corrugated Board, Recycled Paper, Molded Fiber Pulp, Other Materials
2) Corrugated Handle Box Market By Printing Technology: Digital Printing, Flexography Printing, Lithography Printing
3) Corrugated Handle Box Market By End User: Agriculture, Chemicals, Food And Drink, Pharma, Personal Care, Retail, Other End Users
Top Major Players
Sika AG
AkzoNobel N.V.
ARCAT Inc.
Ardex GmbH
Armor Rock Concrete Floor Coatings Inc. ogies Inc.
Asia-Pacific was the largest region in the corrugated handle box market in 2023. The regions covered in the corrugated handle box market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increase in online shopping will propel the growth of the corrugated handle box market going forward. Online shopping allows consumers to buy goods or services over the Internet using a web browser. Corrugated handle boxes are used by online retailers as storage or transit containers. These boxes can be used for everything from functional to ornamental purposes. For instance, according to the National Association of Securities Dealers Automated Quotations (NASDAQ), an American stock exchange that manages global electronic securities trading, predicted that 95% of all purchases in the UK would be made through online platforms by 2040. Hence, the increase in online shopping is expected to drive the corrugated handle box market growth.
Key Industry Players
Major companies operating in the corrugated handle box market include Reid Packaging, Allen Field Company Inc., Unicraft Industries, Guangzhou Bosing Paper Printing and Packaging Co. Ltd., GWP Group, W.H. Skinner, CBS Packaging, Riverside Paper Co., Rengo Co. Ltd., Mondi Group, DS Smith plc, Shanghai Forests Packaging Group Co. Ltd., Planet Paper Box Group Inc., Georgia-Pacific LLC, International Paper Company, Nine Dragons Paper (Holdings) Limited, Oji Holdings Corporation, Packaging Corporation of America, Smurfit Kappa Group, WestRock Company, Shanghai DE Printed Box, Shenzhen Tianya Paper Products Co. Ltd., Atlas Die LLC, Jamestown Container Companies, Landaal Packaging Systems, Mac Papers, Illinois Paper & Copier Co., Bay Cities, Belmont Packaging
The corrugated handle box market report table of contents includes:
1. Executive Summary
2. Corrugated Handle Box Market Characteristics
3. Corrugated Handle Box Market Trends And Strategies
4. Corrugated Handle Box Market – Macro Economic Scenario
5. Global Corrugated Handle Box Market Size and Growth
…..
32. Global Corrugated Handle Box Market Competitive Benchmarking
33. Global Corrugated Handle Box Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Corrugated Handle Box Market
35. Corrugated Handle Box Market Future Outlook and Potential Analysis
36. Appendix
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